Canada

Kings Entertainment Prepares to Enter the Metaverse

Published

3 years ago

February 11, 2022

Kings Entertainment Group, the parent company of global online gaming innovators LottoKings and WinTrillions, announced its intent to research and develop strategies to prepare for the next frontier of online gaming, the Metaverse.

Known for its position at the forefront of the global online gaming sector, Kings Entertainment has now set its sights on the Metaverse for future expansion. The Company has signed an agreement with a leading global digital asset investment and capital markets advisory firm, offering deep blockchain expertise and a network of highly sought-after and recognized Metaverse experts with a world-leading track record of executing on projects for Fortune 500 companies, governments and digital asset offerings from the venture incubation phase to liquidity.

The Metaverse is a network of 3D virtual worlds focused on social connection. Often described as a single, universal virtual world blending virtual and augmented reality, the Metaverse has the potential to transform the world of online gaming, as players seek increasingly sophisticated gaming experiences.

“We’re very focused on our role as innovators within the gaming industry, continually pushing the boundaries to create the next great experience for players. In 1997, when others were taking telephone sports wagers, I was developing an Internet strategy – now, it’s time to prepare for the next evolution of online entertainment, the Metaverse,” Steve Budin, CEO of Kings Entertainment, said.

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In preparation for this exciting next phase, Kings Entertainment has secured a soon to be announced URL and is actively exploring purchase options in the virtual Vegas City area of Decentraland. The Company has also created an internal division responsible for Metaverse initiatives, with the goal of leading the global gaming industry into this new universe.

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

Published

2 weeks ago

November 8, 2024

George Miller

ComeOn Group adds sportsbook to its offering in Ontario

ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

Canada

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

Published

2 weeks ago

November 7, 2024

Niji Narayan

INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

Canada

IAGR announces Toronto as host city for 2025 conference

Published

3 weeks ago

October 30, 2024

Adrienn Sarkany

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.