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Business
January 3, 2025
Tekkorp Capital Increases Stake in FansUnite Entertainment
As part of a previously negotiated share purchase agreement, Tekkorp now owns 15.91% of FansUnite’s outstanding shares, solidifying its position in the company. Previously, Tekkorp held 7.61%. Since September 16, 2024, when an agreement was signed for the purchase of additional common shares and warrants, the investor has been growing its influence, and there may […]
Casino
December 20, 2024
Mi’kmaw Communities Expand Economic Footprint with Alberta Casinos
Five Mi’kmaw communities in Nova Scotia have taken a bold step into the casino gaming industry by buying four Alberta-based casinos through their new group, Indigenous Gaming Partners (IGP). The communities of Millbrook, Paqtnkek, We’koqoma’q, Glooscap, and Annapolis Valley joined forces to purchase PURE Canadian Gaming, which runs casinos in Edmonton, Calgary, and Lethbridge. Mi’kmaw […]
Industry
December 17, 2024
Justin Trudeau Eyes Resignation, Betting Markets Available
Justin Trudeau is rumored to be considering an exit as leader of the Liberal Party. According to reports, this consideration was prompted by the recent resignation of Chrystia Freeland as finance minister. Freeland Quit as Finance Minister The Canadian PM reportedly told Freeland that he doesn’t want her as a finance minister, offering her another […]
Business
December 12, 2024
OLG Boosts Online Gaming As Private-Sector Rivals Grow
The Ontario Lottery and Gaming Corporation (OLG) is stepping up its game to hold its ground in the competitive Ontario iGaming scene, following advice from the Auditor General’s 2022 review. This action comes as the corporation feels the heat from private companies since the province opened up its online gambling market in April 2022. OLG […]
Business
December 12, 2024
VICI Properties Teams Up with IGP to Grow Canadian Gaming Portfolio
VICI Properties Inc., a key player in experience-based real estate, has struck a deal to change its master lease agreement with PURE Canadian Gaming Corp. This move allows Indigenous Gaming Partners Inc. (IGP) to buy PURE’s operating assets. The deal represents a big move in VICI‘s growth beyond its borders and highlights its aim to […]
Legal
December 4, 2024
Future of DFS and Online Poker in Ontario Hangs in the Balance
In August, Ontario’s Premier Doug Ford and his government were searching for a precedent-setting court ruling on whether the province’s online gaming platforms could allow residents to engage in play with international gamblers. The legal move that was initiated by an order-in-council from Ford’s cabinet belonged to a case that was set to be heard […]
Industry
November 20, 2024
New Legislation Overhauls Ontario’s iGaming Landscape
The gaming landscape in Ontario is about to undergo significant changes following the passage of Bill 216, which introduces the iGaming Ontario Act. This legislation dissolves the parent-subsidiary relationship between the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario (iGO), transforming iGO into a standalone entity governed by an independent board. An Independent […]
Poker
November 18, 2024
Teen Arrested for Murder of Poker Pro Matthew Bergart After Toronto Shootout
Toronto police arrested a 16-year-old suspect in the murder of professional poker player Matthew Bergart, who was killed in a home invasion in April. The suspect, whose identity remains undisclosed, was taken into custody after a dramatic exchange of gunfire in Toronto’s West Queen West neighborhood that saw over 100 shots fired between two rival […]
Industry
November 18, 2024
Recent Report Warns of Public Health Risks from Online Gambling Boom
The growth of online gambling is causing concerns about public health, and experts are urging quick united action from governments worldwide. New Research Reveals Significant Risks and Financial Impact on Consumers A new study from The Lancet Public Health Commission points out that the quick growth of the gambling industry driven by easy online access […]
Business
November 12, 2024
ComeOn Group Launches Sports Betting in Ontario
ComeOn Group, a leading global player in the rapidly growing iGaming market, announced that it has enhanced its product lineup in Ontario by launching an online sportsbook. The launch highlights the company’s desire to grow its business in the coming years. ComeOn Group Expands Its Betting Business ComeOn Group called the addition of a sportsbook […]
