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Casino
January 10, 2021
Online Casino Offers Wagers 40 Times Higher than Physical Games
A discrepancy between physical video lottery terminals and online casino maximum limits is nothing outside of law, the Atlantic Lottery Corporation claims, justifying limits of up to CA$100 per spin on slots and CA$500 per hand of blackjack in its online casino available for New Brunswick only. Nothing Wrong With Huge Online Stakes According to […]
Business
December 24, 2020
Great Canadian Shareholders Approve Apollo’s Acquisition Offer
Apollo Global Management announced it got shareholder approval for the pending acquisition of Great Canadian Gaming Corp, clearing one of the hurdles in the way of completion for the $1.9 billion transaction, executives said on a webcast. Overwhelming Majority Vote During a special shareholder meeting 79% of shareholder capital voted in favor of the deal […]
Casino
December 15, 2020
LeoVegas Goes Live with Pink Casino Brand in Canada
Pink Casino, a LeoVegas Group brand, is debuting in Canada which adds to the group’s efforts in securing a more permanent position on the North American market. Pink Casino Makes Its Mark on Canada LeoVegas continues with the expansion of its Pink Casino brand across Canada bringing local players a world-class gaming and entertainment experience, […]
Casino
December 12, 2020
Great Canadian to Shutter Ontario Casino to Slow down Covid
Great Canadian Gaming Corporation is joining Ontario’s efforts to contain covid-19 infections and the company will shut down the Elements Casino Grand River property on Sunday, December 13 Casino Operator Great Canadian Joins Fight Against Covid-19 in Ontario Great Canadian Gaming Corporation has announced that it will join the government’s efforts to bring down the […]
Sports
December 9, 2020
Luckbox Partners with Income Access for Affiliate Solution
Isle of Man-based esports betting platform Luckbox announced today in a media release it entered into a partnership with Income Access, to have the Paysafe Group’s marketing technology and services provider power its affiliate program. Leverage the Brand The deal with Income Access will provide affiliate marketing solutions for the built from the ground up […]
Sports
November 29, 2020
theScore Welcomes Legislation to Allow Single-Event Betting
Score Media and Gaming Inc. (theScore) issued an official statement hailing the proposed legislative changes related to the legalization of single-event sports betting in Canada. Single-Event Betting Crucial A recent move by the Canadian Federal Government to introduce amendments to Canada’s Criminal Code that would allow provinces and territories the ability to offer sports betting […]
Industry
November 27, 2020
Lotto-Quebec Refutes Claims Casinos Facilitate Money Laundering
Allegations that casinos in the Canadian province of Quebec are facilitating money laundering for organized crime were rebuffed by the provincial gambling regulator Lotto-Quebec. A series of reports issued by Le Journal de Montreal claimed that Casino de Montreal is welcoming individuals linked to organized crime, citing Stefano Sollecito, an alleged mafia boss who gambled […]
Business
November 27, 2020
FansUnite Becomes a Member of the Canadian Gaming Association
FansUnite became an official member of the Canadian Gaming Association (CGA). As a result, the company will be able to establish new relationships and grow in the Canadian gaming market. FansUnite Is Now a Member of the CGA FansUnite Entertainment Inc, a sports betting and entertainment company announced that it has become an official member […]
Legal
November 26, 2020
Canada Single Event Sports Betting Bill Moves Forward
The bill which would enable legal betting on single sports events in Canada moved forward as it entered its final passage to become federal legislation on Wednesday this week. Besides bringing vital tax revenue, the bill may also reduce the revenue which is otherwise wagered through offshore online sports betting websites. Bill C-218 Enters Its […]
Business
November 25, 2020
Burgundy Calls Apollo’s $2.5bn Great Canadian Bid Opportunistic
Apollo Global Management Inc may not be offering enough as part of its C$2.5 billion takeover bid for Great Canadian Gaming Corp. Or at least this is what one of the shareholders thinks, as they have opted to hold onto their shares in Great Canadian, Bloomberg reported. Burgundy Asset Management Ltd, one of the major […]