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Casino
October 28, 2024
Alberta’s Camrose Casino On the Edge of Bankruptcy
An official decision by an Alberta court ordered Camrose Casino into receivership last Thursday due to unpaid debts. This development follows two previous forbearance agreements earlier in the year, marking a critical moment as the casino failed to meet several default criteria, leading to Ernst and Young’s appointment as the receiver. A Final Effort to […]
Industry
October 28, 2024
University of Alberta Course Seeks to Prepare Graduates about Oncoming Gambling Legalization
As anticipation builds up in the province of Alberta for Ontario-style iGaming, the University of Alberta and political science professor Fiona Nicoll have created a new research-based course that seeks to address the proliferation of commercial gambling in the province that is due to take place soon. Educating Albertans about the Growth of Commercial Gambling […]
Business
October 24, 2024
Atlantic Lottery’s Profits Surge Along with Losses to Illegal Gambling
The public-owned corporation and government-regulated provider of gambling and betting products provider, Atlantic Lottery, released its 2023-24 annual financial report, pointing to strong growth and performance. While acknowledging the impressive results achieved over the last year, the operator pointed to one major challenge, the black market. The Lottery’s Profits Help Fund Vital Projects The latest […]
Casino
October 21, 2024
Alberta to Join Ranks of Regulated Gambling Provinces Sometime in 2025
Alberta is primed to become the second Canadian province to fully embrace online gambling and sports betting, with lawmakers now scrambling to hammer out the final details that will govern the rules of how the license-based market unfolds. Although the province already hosts a state-run gambling platform, the ambition is to expand to a fully-fledged […]
Industry
October 17, 2024
NorthStar Gaming Hit with CA$30K Fine by AGCO in Ontario
A licensed gambling operator in Ontario, Canada, recently received a monetary penalty due to alleged breaches of the province’s iGaming regulatory framework. Third-Party Assessment Uncovers Deficiencies That is the case of NorthStar Gaming (Ontario) Inc., an online gambling operator in Ontario that recently received an Order of Monetary Penalty with a sum of CA$30,000 ($21,800). […]
Industry
October 4, 2024
Canadian Company Sues Wynn Resorts for Due Diligence Failures
A Canadian company will be taking Wynn Resorts to court for allowing a big time con artist to gamble with stolen money. The plaintiff is seeking damages, alleging that Wynn did not conduct adequate due diligence into the player in question. James Bay: Wynn Did Not Fulfill Its Due Diligence Responsibilities The plaintiff in the […]
Business
October 4, 2024
Atlantic Lottery Gets Content Boost from Evolution’s Ecosystem
The upshot is that the Atlantic provinces of Nova Scotia, Newfoundland, Labrador, and New Brunswick will all now benefit from the company’s diverse range of titles. Evolution Expands Content Across Swathe of Canadian Provinces This is possible not just through Evolution’s signature games, but also through the series of acquisitions that the company carried out […]
Sports
October 4, 2024
NHL, NFL Caution Canadian Lawmakers on Sports Betting Ad Restrictions
Expanding sports betting across North America helped create new sponsorship and gambling advertising opportunities. Available in nearly 40 US states as well as in Canada, wagering attracts sports aficionados and bettors alike. Bill S-269 Picks up Speed in Canada but Raises Concerns Amid the expansion, lawmakers in Canada are considering a new gambling ads bill […]
Business
September 19, 2024
Ainsworth Forays into Ontario’s Charitable Gaming Market
Ainsworth Game Technology (AGT) announced that it had made a foray into Ontario’s charitable gaming market. The company shared that it has successfully installed its first Cabinet Bingo Games in a gaming hall in Toronto. Over a Dozen Games Have Been Installed According to the announcement, AGT installed 14 Cabinet Bingo Games at Delta Bingo […]
Legal
September 18, 2024
British Columbia Cracks Down on Suspected Casino Money Laundering Scheme
The British Columbia government is seeking a court order to forfeit CAD880,000 ($647,000) deposited as a bond with the Canada Border Services Agency by a man the government alleges was a multimillionaire leader of a criminal gang that ran illegal gaming houses and laundered money through casinos. The suspect, T.L., reportedly has ties to Chinese […]
