Canada
The #hipthers strengthen strategic partnership with Segev LLP, bringing new sessions to the virtual meetups
The #hipthers strengthen strategic partnership with Segev LLP
As mentioned in an earlier press release, the virtual Gaming Americas and TECH Quarterly Meetups will become a permanent option.
The Gaming Americas Q1 Meetup is scheduled for 26 January and we have some great news to share about a recent partnership that will further increase the quality of the content shared during the virtual meetups.
The strategic partnership between HIPTHER Agency and SEGEV LLP will be extended and a new permanent session hosted by SEGEV LLP will be added to the agendas of Gaming Americas Quarterly Meetups.
The team at SEGEV LLP will be hosting the “Crypto Catchup with Segev LLP” during the TECH Quarterly Meetups and the “Gaming Insights with Segev LLP” during the Gaming Americas Quarterly Meetups.
“We are excited to continue and most of all extend our strategic partnership with the forward-thinking team at SEGEV LLP. Having a session dedicated to cryptocurrencies by compliance experts at the TECH Quarterly Meetups and a special session about the Canadian gaming industry at the Gaming Americas Quarterly Meetups are a testament to the hard work which is put in by our strategic partner” stated Zoltán Tűndik, Co-Founder and Head of Business at Hipther Agency
“We are proud to continue our partnership with Hipther as contributors to their Quarterly Meetup series. Alongside the announcement that Hipther expanded their offering to include the new TECH Quarterly Meetup, we have shifted our Crypto Catchup with Segev LLP to this meetup and look forward to updating the global audience with the most relevant cryptocurrency and blockchain news. We are thrilled to have the opportunity to continue featuring guests who are at the forefront of this global industry and share our thoughts and insights on the world stage.
With Crypto Catchup shifting to the TECH Meetup we are excited to announce our new contribution Gaming Insights with Segev LLP, which will be included in the Gaming Americas Quarterly Meetup series. This will come with a focus on updates and developments in gaming and iGaming. Segev LLP has been assisting Canadian and international companies not only access the Canadian market, but also located in Canada to take advantage of Canada’s first-rate commercial environment which is ideal for gaming and betting firms: competitive tax regime, large world-class talent pool, low cost of doing business, ease or raising capital, and an evolving legal landscape that will further benefit our industry.” stated Ron Segev, Founding Partner at Segev LLP
Gaming Americas Quarterly Meetups:
The Gaming Americas Quarterly Meetups are designed to keep you up-to-date with what is fresh in the North American and Latin American gambling industry.
The meetups feature several panel discussions per region and topics that are joined by key industry experts, CEOs, C-Level Executives, Business Development Managers, and sometimes government officials/regulators.
The Americas-facing meetups are complemented by the European Gaming Quarterly Meetups which focus on bringing the latest updates and forward-thinking talks about eh European gambling industry and CIS region.
TECH Quarterly Meetups:
The TECH Q Meetups are designed to keep you up-to-date with the latest trends in several TECH industries such as blockchain, artificial intelligence, fintech, virtual reality, streaming, and more.
The meetups are hosted quarterly and feature several panel discussions and topics that are joined by experts, CEOs, C-Level Executives, Business Development Managers, and sometimes by legislators.
All meetups are hosted in the virtual format and are specially created for participants who find this option helpful without traveling or spending more than 2-3 hours focused on live content.
The full 2023 calendar can be found here.
Canada
IAGR announces Toronto as host city for 2025 conference
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
Canada
ESE Entertainment Completes Acquisition of Gaming Production Company, Bombee Americas
ESE Entertainment Inc., a gaming company that provides a range of services to leading video game developers and publishers, has announced that it has acquired Bombee Global Entertainment Ltd. (Bombee Americas), the North American arm of Bombee Event Production AB, (Bombee), a global production company specialized in live production, special effects, broadcast, and event management for the gaming sector.
Bombee has successfully collaborated with ESE to bring its premier event production services and world class customer service to North America and beyond. The North American arm of Bombee, Bombee Americas, will continue to grow and scale in this new organizational structure under ESE, while maintaining its entire team and global support.
Konrad Wasiela, CEO of ESE, said: “Today marks the next stage of ESE—a 2.0 version of our company. With the acquisition of Bombee Americas, we are not only solidifying our presence in North America but also paving the way for growth and innovation in the gaming industry. This is a major step, positioning us to deliver even greater value to our partners and elevate the gaming experience for our clients globally. We’re thrilled about the opportunities ahead and the exceptional talent joining our team.”
Transaction Terms
The Acquisition was completed by way of a share purchase agreement (the SPA) among the Company, Bombee Americas, and the shareholders of Bombee Americas (the Vendors). Pursuant to the SPA, ESE acquired all of the outstanding shares of Bombee Americas in exchange for: (i) $750,000 in cash paid on closing, (ii) $375,000 in cash to be paid six (6) months following closing, subject to customary adjustments based on the working capital of Bombee Americas on closing, (iii) $375,000 in cash to be paid twelve (12) months following closing, and (iv) 30,000,000 common shares of ESE (the Consideration Shares), issued at a deemed issue price of $0.10 per share.
In connection with the Acquisition, the founders of Bombee Americas have signed three-year service agreements and will continue to run the business following the closing, along with the rest of the personnel of Bombee Americas who will remain in place, ensuring a smooth transition of operations. As part of the Acquisition, the Company has acquired the liabilities of Bombee Americas, mainly consisting of customary current obligations incurred in the ordinary course of business for Bombee Americas, which are not expected to have a material impact on the Company’s operations or financial position.
No finder’s fees were paid or payable in conjunction with the Acquisition.
The Acquisition was an arm’s length transaction within the meaning of the policies of the TSX Venture Exchange (the Exchange) and constituted an “Expedited Acquisition” in accordance with Exchange Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets. The Acquisition remains subject to the final approval of the Exchange.
Canada
Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis
In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with nearly 5.74% of all attempted digital transactions where the consumer was located in Canada involving suspected Digital Fraud, revealed a new TransUnion® (NYSE: TRU) analysis. This is nearly an 11% year-over-year (YoY) rate increase from H1 2023, and TransUnion also documented an 11% increase in the volume of suspected Digital Fraud from Canada during this period, despite a less than a one percent (0.7%) YoY increase in the volume of transactions.
According to a recent TransUnion survey,1 more than half (54%) of Canadians said they were recently targeted by email, phone call or text message fraud attempts. Phishing was the most common scheme type (45%), followed by smishing (42%) and vishing (39%).
The increasing use of digital transactions, combined with rising suspected Digital Fraud attempts are also impacting businesses as they potentially face revenue losses and increased operational costs due to fraud. According to a TransUnion business survey for the H2 2024 Update to the State of Omnichannel Fraud report, 200 Canadian business leaders said their companies lost approximately 6% of equivalent revenue – representing $78 billion – over the past year due to fraud. The most prominent causes of fraud loss cited by them were:
- Scam/Authorized fraud (31%): Dishonest scheme intended to trick a person into giving up something of value (e.g., account access, money, information)
- Account takeover (19%): Unauthorized individuals taking over someone’s online account (e.g., bank, social media, email) without their permission
- Synthetic identity fraud (18%): Use of a combination of personal information to fabricate a person or entity to commit a dishonest act for financial or personal gain
TransUnion also found that suspected Digital Fraud attempts – where the consumer was transacting in Canada and targeted businesses globally – increased on average by 10.5% YoY in H1 2024 compared to H1 2023 and impacted all industries.
Top Three Industries Globally with Highest Rate of Suspected Digital Fraud Attempts Coming from Canada in H1 2024
- Gambling (online sports betting, poker, etc.) – 9.6%
- Retail – 9.2%
- Government – 7.7%
Top Three Industries Globally with Highest YoY Increase (H1 2024 vs H1 2023) in the Rate of Suspected Digital Fraud Attempts Coming from Canada
- Logistics – 172.9%
- Gambling – 79.3%
- Video gaming – 67.8%
“Protecting customers and their businesses from fraud is essential to enabling safe and tailored consumer experiences. These findings reveal that despite the good-faith efforts that are being undertaken by companies to identify and prevent fraud to date, fraudsters continue to evolve and it’s vital that fraud prevention methods keep up with the changing times,” said Patrick Boudreau, head of identity management and fraud solutions at TransUnion Canada.
“Businesses that aren’t already doing so should ensure that they are taking advantage of fraud prevention technologies such as identity verification, IP intelligence, device reputation and synthetic identity detection as critical components of their fraud prevention programs,” he added.
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