Sports Betting
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…
NorthStar Gaming pivots for ‘rapid growth’ outside Ontario after Slapshot acquisition agreement
NorthStar Gaming has entered into an agreement to acquire Slapshot Media, one day after publicly announcing its deal with a financial advisory service firm.The initial six-month agreement struck with Blue Sky Trading & Consulting - made effective last month - felt like the prelude to an…
NorthStar Gaming enlists help of M&A advisor Blue Sky
NorthStar Gaming has confirmed it has entered into an agreement with Blue Sky Trading & Consulting, which will provide financial advisory services to the Toronto-based firm.Under the terms of the deal, Blue Sky will advise NorthStar on capital markets, including capital raising and mergers…
iGO: Ontario igaming market reaches highest gaming revenue & wagers in Q4
iGaming Ontario (iGO) has posted its fourth quarter of operations market performance report for the Ontario igaming market, revealing a record-breaking period for gaming revenue and wagers.In total, $13.9bn was wagered between Jan.1 and Mar. 31, up 20.8% on Q3 ($11.5bn), while there was a 13.6%…
Sports leagues & media players team up to tackle sports betting ads
In a bid to address the elephant in the room - sports and gambling - a host of major sports leagues and broadcasters have joined forces to set up a task force.Named the ‘Coalition for Responsible Sports Betting Advertising’, the voluntary organization is made up of the following groups:NFL…
STX is ready to revolutionize the industry with Ontario’s first sports betting exchange
The ability to be distinguishable in a highly saturated market is a trait all organizations are looking for. The reality, though, is that the idea is easier than the implementation. But STX - gearing up to launch Ontario’s first licensed sports betting exchange - is on a mission to innovate with its…