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Gambling News - 'Canada'
Esports
October 6, 2021
Rivalry Lists on TSX Venture Exchange as Growth Continues
Rivalry has made another step forward in its business model by becoming a publicly-traded company on the TSX Venture Exchange. The company’s public listing will allow Rivalry to add more capital to its operations and launch new products and verticals. Rivalry experienced significant growth in recent years and secured a number of funding rounds throughout 2021, taking […]
Sports
September 30, 2021
PointsBet Becomes Exclusive Betting Partner for Dailyfaceoff and The Nation Network
PointsBet will continue to grow its footprint in Canada as the company’s country-focused subsidiary has entered into a multi-year deal with The Nation Network and Dailyfaceoff.com. As per the deal, PointsBet Canada is now the official and exclusive sports betting partner for the outlets. Dailyfaceoff.com is touted as Canada’s leading fantasy statistics and information website […]
Blockchain
September 28, 2021
Canadian Regulators Warn Crypto Platforms against Gambling-Like Promotions
Two Canadian financial regulators have issued a warning to crypto trading platforms, citing obligations related to marketing, advertising, and social media use in the country. The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) produced a joint guidance letter on the safe uses of marketing efforts and warned against “gambling-like” […]
Casino
September 27, 2021
A World-First Deal to Kickstart iGaming in Saskatchewan
The rise of regulated online gambling in Canada is about to be complete as Saskatchewan, the only province with no regulated iGaming options, signs a monumental deal with the Federation of Sovereign Indigenous Nations. The Forging of a Unique Gambling Partnership This unprecedented agreement is not only a Canada-first but, according to Casino.org, is a […]
Esports
September 27, 2021
Intema Solutions Completes Acquisition of Team Bloodhounds
Toronto-based Intema Solutions, an iGaming and esports firm and owner of brands, has concluded a previously-announced acquisition of Canadian esports organization Team Bloodhounds, owners of the namesake gaming brand Team BH. The deal outlined the terms as Intema paying a total of C$621,000 (around $492,040), of which C$121,000 ($95,872) came in the form of cash and C$500,000 […]
Business
September 23, 2021
Great Canadian Gaming Gets New CEO as Apollo Global Takes Over
It was a deal in the works for around ten months, but it has finally reached a successful conclusion. Apollo Global Management, the asset fund management company with its hands in gaming operations around the globe, is now the owner of Canada’s Great Canadian Gaming (GC). With the acquisition complete, Apollo brought in an industry […]
Legal
September 13, 2021
Former BCLC Exec Admits He Leaked Money Laundering Activity at Canadian Casinos
For the past several years, certain lawmakers in Canada have been trying to wrap their heads around a problem that still eludes them. A handful of casinos in the country seem to have had no problem laundering massive amounts of money through their doors. Despite the issue having been made public in 2018, there are […]
Sports
September 13, 2021
Ontario Finalizes Sports Betting Regulation with Updated Guidelines
As Canada is experiencing a renaissance of sports betting operations, individual provinces are still coming to terms with the rules they want to issue to guarantee fair play for consumers and businesses. The Alcohol and Gaming Commission of Ontario (AGCO) has come up with a final draft of its iGaming and sports betting regulation which will allow fixing […]
Business
September 10, 2021
PointsBet Canada Appoints Dale Fallon as Senior Director of Product
Premier global online gaming operator PointsBet continues to add talent to its ranks as a display of its resolve to establish a presence in the Canadian sports betting and online gaming space. PointsBet Has High Hopes Australian-based online gaming brand PointsBet announced the addition of Canadian digital media leader Dale Fallon as the company’s Senior […]
Sports
September 9, 2021
Pronet Gaming to Power Truenorth.bet’s Licensed Forays in Canada
Following the much-anticipated legalization of the Canadian sports gambling sector, truenorth.bet has obtained a license to go live in the country through Pronet Gaming’s platform. As a result, Pronet Gaming is going to power the operator’s offer through its turnkey service, having been shortlisted from a number of competitors. Truenorth.bet has received an operating license by the Kahnawake Gaming Commission […]