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Business
March 21, 2024
Gambling.com to Acquire XLMedia Betting Assets in $42.5M Deal
Gambling.com Group, an award-winning performance marketing company serving the iGaming industry, has entered into an agreement to acquire XLMedia’s sports betting business in Europe and Canada. The $42.5 million deal comes in the wake of the signing of a new $50 million credit facility with Wells Fargo. Under the deal, Gambling.com will pay a fixed […]
Business
March 20, 2024
Everi Holdings Supplies AML Tech to Great Canadian
Everi Holdings, a leading provider of gaming content and products, bingo, loyalty programs and fintech solutions to the land-based and digital gambling industries, has unveiled a new major partnership. As announced by the company, it has been selected to supply Great Canadian Entertainment with its cutting-edge AML technology. Under the newly announced deal, Everi will […]
Industry
March 11, 2024
Group in Ontario Supports Ban on Gambling Advertising
The expansion of mobile sports betting and online gambling continues to raise concerns about addiction and excessive gambling. The convenience when it comes to accessing such gambling entertainment is one of the most important factors in the process. Moreover, the growth of the popularity of betting on sports across North America and its impact on […]
Industry
March 5, 2024
BCLC Warns the Public about Online Casino Scams
The Crown corporation tasked with conducting and managing gambling activities in British Columbia (BC), the British Columbia Lottery Corporation (BCLC), warned the public about an increasing number of online scams. On Monday, the BCLC released a statement, warning the public that fraudulent online operators present themselves as legitimate BC casinos in an effort to collect […]
Casino
February 29, 2024
Ontario Rolls Ban on Celebrity Imagery Use in Gambling Ads
On Wednesday, February 28, the Alcohol and Gaming Commission of Ontario (AGCO) rolled out the measure which is designed to safeguard against the proliferation of gambling harm and problem gambling in the jurisdiction. Firm Bulwark Against Gambling Harm The decision follows a public consultation on the matter, and it aligns with a higher ambition to […]
Poker
February 27, 2024
Toronto Welcomes Its Inaugural WSOP Event at Great Canadian Casino Resort
Great Canadian Entertainment has revealed that Toronto will play host to its first-ever World Series of Poker (WSOP) Circuit event. Set to take place from March 22 to April 1, 2024, the prestigious tournament will unfold at the opulent Great Canadian Casino Resort Toronto, marking a significant milestone for the city’s poker scene. WSOP Circuit […]
Business
February 26, 2024
PointsBet Posts H1 Results, Records Sharp Net Loss Decrease
PointsBet, which recently posted its Q2 results, has officially posted its H1 results, reporting a significant net loss decrease. The improved results were attributed to the recent sale of PointsBet’s US business to Fanatics Betting and Gaming. As PointsBet continued its business in Australia and Canada, it recorded statutory revenue of AUD 117.9 million ($77.2 […]
Business
February 26, 2024
PointsBet to Welcome Lucas as CTO, Part Ways with Bowskill
PointsBet, a major sports betting operator, has enhanced its tech team with the addition of Daniel Lucas as chief technology officer. As someone who has previously served Flutter Entertainment, the new appointee will be a valuable addition to the PointsBet C-suite. PointsBet described Lucas as a seasoned veteran with years of experience and an impressive […]
Business
January 31, 2024
PointsBet Posts Record-Breaking Q2 Results in Australia and Canada
PointsBet has published its Q2 report, posting record net win in both Australia and Canada. The company’s sports betting activities continued to underpin the results as both handle and net win increased. However, the biggest growth was recorded by PointsBet’s iGaming vertical. Taking a look at how PointsBet performed in Australia, the company posted a […]
Casino
January 29, 2024
Two Toronto Residents Charged in Ontario iGaming Fraud Probe
Police in Ontario have charged two individuals from Toronto in connection with fraudulent activities related to online iGaming sites regulated by the province. The arrests come after an extensive investigation into allegations of identity theft and fraud on the Ontario Lottery and Gaming Corporation’s (OLG) iGaming platform. Ontario Police Collaboration Uncovers Online Gaming Fraud Ring […]