Sports Betting
Responsible Gambling Council partners with Toronto sports leader MLSE
The Responsible Gambling Council (RGC) has partnered with Toronto sports ownership conglomerate Maple Leaf Sports & Entertainment (MLSE) with the aim of increasing visibility and awareness of sports betting myths.The campaign will see RGC responsible gambling messages delivered prominently…
PENN CEO Snowden: theScore provides great model for ESPN Bet in US
PENN Entertainment executives see theScore Bet's first two-and-a-half years in Ontario as the blueprint they hope to follow south of the border with ESPN Bet.That was one of the messages that emerged from PENN's Q3 earnings call last week, when CEO Jay Snowden and other C-suite leaders spoke to…
Endeavor CEO backing managed buyout of OpenBet and IMG Arena
Endeavor has agreed to sell its sports betting assets OpenBet and IMG Arena to OB Global Holdings LLC in a management buyout that is backed by the comapny's CEO Ari Emanuel.The company announced on Monday that OB Global Holdings will acquire the businesses for approximately $627 million CAD,…
PointsBet denies holding talks over potential takeover
Amid reports in its home nation of Australia that PointsBet could sell up, the company categorically denied rumours of a potential takeover on Monday.Over the weekend, a report from The Australian suggested that the online gaming and betting operators could be the subject of an "imminent" AU$300…
ComeOn Group adds sportsbook to Ontario offering
ComeOn Group will begin providing its sportsbook in Ontario after receiving approval from the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario (iGO).The company is already one of 51 operators doing business in Ontario's regulated market. It has been live in the province since…
Senate passes National Framework on Advertising for Sports Betting Act
Bill S-269, the proposed legislation that would establish a national framework for regulating sports betting adverts across Canada, was adopted in the Senate on Tuesday.After the Transport and Communications Committee held initial debates in June and six hours of hearings in late September and…
Kahnawà:ke and Entain officially call time on Sports Interaction partnership
The Mohawk Council of Kahnawà:ke (MCK) no longer works with Entain Group on the operation of the Sports Interaction online gaming platform in Canada.The MCK said in a statement that effective Oct. 28, its wholly-owned Mohawk Online Limited (MOL) has ended its longstanding exclusive partnership…
PointsBet’s Canadian betting business continues to boom
PointsBet's Canadian sports betting business continues to grow as the company reported big jumps in handle and net win in Canada last quarter.While iGaming remains PointsBet's chief source of revenue in Canada, the gap between online gaming and sports wagering closed significantly over the last…
Ontario lowers gaming expectations in Fall Economic Statement
The Ontario government says it expects to make significantly less money from gaming in the current fiscal year than it had previously projected.In its Fall Economic Statement published on Wednesday, the government said that a key reason for the adjustment in expectations is that Ontarians are…
Ontario online casinos more than compensate for flat betting quarter
Summer slowdown? Not so much in Ontario, at least on the iGaming side.Commercial operators in Ontario’s regulated gaming market took $18.7 billion in wagers in the second quarter of the year alone, from July 1 to Sept. 30. That handle, as well as the gross gaming revenue figure of $738 million,…