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Casino
December 10, 2021
Richmond Money Launderer Ordered to Pay $1 Million to British Columbia
As a part of a civil forfeiture agreement, British Columbia is set to seize upwards of $1 million from Caixuan Qin, an alleged casino money launderer from Richmond, Vancouver. Qin was one of two members of Silver International, a crooked currency exchange. The company was the main subject in Canada’s most significant prosecution on money […]
Industry
December 10, 2021
Alberta, Canada Closing in on Expanded Sports Betting Launch, With Restrictions
Alberta is nearing a market for commercial sports betting. There are strong indications, however, that regulators prefer a restricted-operator model to allow sports wagering in destinations facilities in the province. Alberta Cautiously Approaches Sports Betting Alberta is widely seen as a strong market for sports bettor’s dollars. It has two NHL clubs in Calgary Flames […]
Industry
December 8, 2021
Ontario Slow to the Punch with Private Sports Betting Market
The 108th Grey Cup is approaching this weekend. This could have been a good time for Ontario to see its private market for single-event betting in action. However, this won’t be the case. Ontario Misses the Mark with Sports Betting The Grey Cup will arrive at Hamilton on Tuesday at a Bayfront Park ceremony. This […]
Industry
December 7, 2021
SBC North America Awards Highlight Rapid Evolution of Gaming
DraftKings and BetMGM were among the major winners of the SBC Awards North America 2021 ceremony, which took place in New York City. IGT PlaySports and Scientific Games were also recognized for their activity. The First SBC North America Awards The Edison Ballroom hosted the inaugural edition of the awards, which saw more than 400 […]
Business
December 2, 2021
PrizePicks Closes Another Strategic Funding Round, Sees New Investors Join
PrizePicks is a Single Player Fantasy (SPF) pioneering operator in North America. Over the last 12 months, the company has seen incredible growth, considering that from November 2020 through November 2021, the company’s gross gaming revenue and active member base have increased ten times. Moreover, PrizePicks hit an important achievement of paying out more than […]
Business
November 25, 2021
Strive Gaming Appoints Haig Sakouyan as VP of Client Success
Strive Gaming has tapped the talent of Haig Sakouyan as the company’s new vice president of client success. Sakouyan has close to 19 years in the gambling industry, spanning both casino and sportsbook assets. He has collaborated with 18 industry brands and specifically helped with the launch of each. Experienced Veteran with a Lot to Offer He will […]
Casino
November 19, 2021
Puerto Rico: Foxwoods El San Juan Casino Celebrates Soft Launch
Earlier this week, Foxwoods El San Juan Casino celebrated its soft launch. While the venue already accepted its first visitors, a grand opening ceremony is planned for January next year. Foxwoods El San Juan Casino Opens for Visitors Foxwoods El San Juan Casino located at Fairmont El San Juan Hotel in Puerto Rico opened its […]
Industry
November 17, 2021
Scientific Games Joins NCPG for “Gift Responsibly” Campaign
Scientific Games will continue to tackle gambling addiction as one of its main business pivots, with the company taking aim at the increased levels of gambling around Christmas time. The company’s lottery division is joining the National Council on Problem Gambling (NCPG) for the latter’s “Gift Responsibly” campaign that will take place during the Christmas holidays. Scientific Games will work […]
Business
November 16, 2021
Playmaker Records Profits in Q3 of 2021; Gross Profits Reach $4.5 Million
The third-quarter revenue of Playmaker, the sports media company, reached $4.8 million. This is a massive improvement from the same period in 2020, when it did not record revenue at all. The main contributor towards the Q3 revenue of Playmaker this year are the acquisitions that the company had in the recent period. Playmakers’ Gross […]
Industry
November 11, 2021
Canada’s Sports Betting Market Expanding with Little Fanfare
There hasn’t been much publicity yet, but single-game wagering is now possible through lottery retailers throughout Western Canada. The new version, SPORT SELECT by Western Canada Lottery Corp. (WCLC), was launched on November 1. Sports Betting Expands in Canada WCLC can operate games in Canada’s three northern territories, Alberta, Manitoba, Saskatchewan and Manitoba. SPORT SELECT […]