Official Publication

Endeavor, the parent company of OpenBet, has agreed a $13 billion deal with its biggest investor, Silver Lake, to go private.The private equity firm will pay $27.50 for 100% of the outstanding shares that it does not already own. This represents a 55% premium on the unaffected share price of…

Ontario's regulated online gambling industry is two years old this week and figures from the Ontario budget suggest that the industry is already capturing $100 million in annual revenue for the province.The 2024 Ontario Budget published last week showed that iGaming Ontario's activities…

A new survey suggests that seven in 10 Canadians want sports betting adverts to exclude current team players and celebrities and would support a ban on those ads during live sports games or events but the sentiment towards the industry varies significantly by age group.A public opinion poll…

Nuvei Corporation has announced that it has signed a deal to be taken private by U.S. private equity firm Advent International.The all-cash transaction gives the Canadian fintech firm an enterprise value of around $6.3 billion USD ($8.5 billion CAD).Nuvei, which will continue to be based in…

Design Works Gaming (DWG) has broken into the Canadian iGaming market with Caesars.The online casino games developer has announced that it has launched in Ontario with Caesars Palace Online Casino and Caesars Sportsbook and Casino.This news comes hot on the heels of DWG and Caesars Digital’s…

Caesars Sportsbook has been awarded the Responsible Gambling Council's RG Check accreditation, certifying the quality of the sportsbook's responsible gaming efforts including such as player and team education, public awareness advertisements, and funding for organizations dedicated to RG research…

Toronto-based media company Homestand Sports has united with streaming production company eThereLIVE to support broadcast production for sports properties, brands and sportsbooks.Utilizing eThereLIVE's expertise in broadcast production, Homestand will offer what it calls "an all-encompassing…

NCAA president Charlie Baker announced on Wednesday that the college sports organization is aiming to ban all prop betting on college sports markets that are currently available on North American sportsbooks, including many Ontario sportsbooks."Sports betting issues are on the rise across the…

Soft2Bet is one step closer to launching in Ontario as it announced that it has been granted a Certificate of Registration in Ontario.Soft2Bet is aiming to launch its Tooniebet.com iGaming brand in the province and obtaining a Certificate of Registration from the Alcohol and Gaming Commission of…

As sports betting professionals seek to strengthen their connection with Canadian bettors, the Canadian Gaming Summit will provide the optimal framework for stakeholders to harness brand loyalty, innovate their offerings and strike lucrative partnerships, all aimed at solidifying their presence in…