Sports Betting
PointsBet Canada remains as agreement reached on sale of US arm to Fanatics
PointsBet will retain its operations in Canada despite entering an agreement to sell its US arm to Fanatics.Subject to PointsBet shareholder approval, Fanatics will acquire the Australian group’s US sports betting and igaming operations, Banach tech and a license to use the firm’s proprietary…
Rush Street headlines Ontario as key growth driver after 33% hike in Q1 GGR
Rush Street Interactive has identified the Canadian province of Ontario as an essential component of the group’s growth strategy in its latest earnings report.Publishing its Q1 figures on Wednesday, Rush Street reported revenue of $217.94m (USD$162.4m) in the first three months of 2023, up 20.4%…
Penn Entertainment spotlights proprietary tech stack amid ‘compelling results’ in Ontario
Penn Entertainment has underlined the importance of its proprietary technology stack in sustaining market share in the Canadian province of Ontario.The integrated entertainment, sports content and casino gaming operator entered the regulated market upon its launch in April 2022, with subsidiary…
Tallysight makes Canadian debut via Homestand Sports betting content partnership
Homestand Sports has entered into an agreement with sports gaming software firm Tallysight to bring ‘integrated betting content experiences’ to Canadian sports fans.In doing so, Homestand Sports has become the first Canadian client of Tallysight, which provides publishers with turnkey software…
FansUnite focusing on high growth opportunities after $5m sale of McBookie
FansUnite has cited the tightening of regulations in the UK as a leading factor in its decision to sell McBookie, the Scotland-focused sportsbook and online casino.McBookie was bought by FansUnite in March 2020 and has since delivered three consecutive years of revenue growth under the strategic…
PointsBet confirms North America sale talks despite Canadian growth in Q3
PointsBet has announced that the company is in discussions over the sale of its North American business, which would include its operations in Canada.Reports surfaced in mid-April regarding the potential sale of the firm’s US arm, with Australian Financial Review reporting that New York-based…
Revamped CFL Game Zone launches via Genius Sports for 2023 season
The Canadian Football League (CFL) has launched a new and improved version of CFL Game Zone, the league’s gaming platform, alongside its official data and technology partner Genius Sports.The partners first joined forces in 2021 with Genius Sports working to help the CFL capitalise on the North…
NEO.bet CEO Thomas Louis talks entering & adapting to the Ontario igaming market
The Ontario igaming market has just about paused for breath after celebrating its first-year anniversary earlier this month, with iGaming Ontario (iGO) revealing a total of 45 operators and 76 gaming sites contributed to $35.5bn in wagers and total revenue of $1.4bn across the last year. But with…
Rivalry secures $10m investment to pursue ‘accelerated growth’ after record-breaking results
Rivalry has announced a non-brokered private placement financing for gross proceeds of up to $10m as the company elevates its growth strategy.The investment arrives through the issuance of up to 6,666,666 Subordinate Shares at a price of $1.50 per SS as Rivalry seeks to ‘establish its…
Canadian Gaming Summit 2023 announces “Sports Betting” conference track
The 26th edition of the Canadian Gaming Summit - the country’s premier gaming and betting event- is swiftly approaching and alongside coveted speakers, panels and a lively exhibition floor, attendees will be given the opportunity to discuss the state of sports betting in the stimulating “Sports…