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CGA Advocates for Our Industry

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CGA: Optimism and Opportunity in 2021

 

The CGA is actively communicating with governments at the provincial and federal levels to advocate for our industry and ensure that support for employees and business is available.

We continue to cooperate with our industry partners and are building alliances with other national and provincial associations in the hospitality industry to ensure that the gaming industry is part of the support and recovery assistance for the broader hospitality sector.

Regional Relief and Recovery Fund (RRRF)
Details on the recently announced $962 million in new capital to Regional Development Agencies (RDAs) and the Community Futures Network were revealed by the federal government this week.

RDAs are federal agencies under Innovation, Science and Economic Development Canada (ISED). The six RDAs across Canada span Atlantic Canada, Ontario, Western Canada, and the northern regions. Community Futures Network is a group of federal agencies placed across Canada that provide small business services in rural communities.

The almost $1 billion in new capital is meant to support regional and rural businesses that may not have existing relationships with financial institutions, or don’t qualify for other federal relief programs.

The RRRF is meant to help these businesses and organizations continue operations as well as pay their employees. It is also available for projects by businesses, organizations, and communities to help prepare for a successful recovery. The fund is open to businesses in sectors that include manufacturing, technology, tourism, and “others that are key to the regions and local economies.”

More information on the RRRF and how to apply is located here.

Government of Canada information on credit facilities and support for businesses is available here.

Large Employer Emergency Financing Facility (LEEFF)
The federal government announced the large employer emergency financing facility (LEEFF), which will provide support to employers with annual revenues of more than $300 million whose credit needs aren’t being met through conventional financing.

The program is open to large commercial businesses in all sectors (except those in the financial sector) and certain not-for-profit businesses, like airports. To qualify, businesses must be looking for financing of $60 million or more and have significant operations or large numbers of employees in Canada, and must not be involved in any ongoing insolvency proceedings.

Among the conditions are making sure that there are no share buybacks or dividends or excessive executive pay, but also that companies have financial disclosures on their climate situation.

Program details are still being worked out and information on the application process is expected shortly.

Canada Emergency Wage Subsidy Extended to End of August 2020
The federal government is extending the Canada Emergency Wage Subsidy (CEWS) beyond its original June 6 expiry date to the end of August 2020.

CEWS gives employers funds to cover 75% of wage costs up to a maximum benefit of $847 a week per employee.

It is currently available for up to 12 weeks, covering the period between March 15 to June 6. Further details will be available in the next few days.

The CGA is communicating with the federal government to ask it to make the CEWS available to organizations for at least 120 days from their re-opening date to provide support as they bring back employees and work to restore their businesses.

CGA Assists Operators Prepare for Reopening

As gaming operators look to reopen, the CGA is aware that you are exploring tools and products that can assist in providing clean and safe environments for employees and customers. The CGA recently hosted a series of webinars to provide access to suppliers and we have a few links to share.

More webinars on a range of topics will be available in the coming weeks.

Zoono – A New Era in Antimicrobial Solutions
Zoono offers an innovative active disinfecting technology that addresses a broad range of pathogens. Zoono eliminates pathogens when applied via an initial kill, but then through the drying process, sets up an invisible barrier to protect against bacteria, viruses, fungi, and algae on an ongoing basis.

Prescientx – The Future of Disinfection
Prescientx is one of Canada’s top companies focusing on patient safety innovation. It has co-developed and markets technologies focused on engineered infection prevention, which include a variety of automated UVC disinfection systems using smart sensor technology. Prescientx technology can help casinos and hotels tackle these new pandemic challenges, from room sterilization to rapid casino chip and equipment cleaning.

For more information: RBY Gaming – Ron Baryoseph

In addition, Go2HR has compiled a comprehensive list of resources for all types of industries related to COVID-19.

For operators in the hospitality industry looking for information on how to prepare to safely re-open their retail stores and food service/restaurants in the coming months, the Canadian Centre for Occupational Health and Safety has a series of bilingual fact sheets available to download.

The CGA is here to assist our members and industry colleagues during these difficult times. Pease contact us at [email protected] if we can be of help. We hope everyone is healthy and safe. Wash your hands, don’t touch your face, and practice physical distancing.

Canada

Soft2Bet granted Ontario Certification of Registration and readies for imminent launch

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Ontario Certificate is hugely promising as Soft2Bet continues its regulatory expansion

Soft2Bet, a leading provider of online betting and gaming solutions to regulated operators worldwide, is delighted to announce that it has been granted a Certificate of Registration in Ontario, Canada’s largest province, moving it one step closer to being able to launch its Tooniebet.com iGaming brand.

Obtaining its Certificate of Registration (Nbr: OPIG1280338) from the Alcohol and Gaming Commission of Ontario (AGCO) will enable Soft2Bet to continue its expansion into the world’s largest regulated jurisdictions.

Ontario has been a major success story for regulated online sports betting and casino in North America in the past two years. The province launched its regulations in April 2022 and latest figures for the fourth quarter of 2023 showed that operators recorded a 21% rise in wagers to CA$17.2bn and a 22% increase in gross gaming revenues to CA$658m, the highest ever revenue total in Ontario’s wagering history. Online casino was the main driver of this growth and generated CA$13.7bn of the total stakes and CA$471m in GGR.

Elisabeth Isaksson, Head of Regulatory Compliance at Soft2Bet, commented: “Being registered with the AGCO in Ontario is testament to the work our compliance and regulatory teams are doing daily to enable our continued expansion in the world’s largest regulated markets. We’re immensely excited about taking our first steps in North America and look forward to licensing and launching in more jurisdictions in the region.”

Chief Business Development Officer Martin Collins added: “This Ontario certification is another significant and important step in our corporate expansion plans. It fits perfectly with our stated aim of growing our regulatory footprint and we very much look forward to continuing forward on this path.”

Soft2Bet is also actively working to obtain a licence in New Jersey and continue its expansion in the Americas. This activity comes after the group obtained B2C licences in Italy, Greece and Romania in 2023.

 

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Canada

Hacksaw Gaming and DraftKings Score Again in Ontario

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2023 saw Hacksaw Gaming go live in West Virginia and New Jersey and now we have made our long-awaited entry in Ontario, Canada. Securing this trio has hit new heights and hopes for further successes throughout the rest of this year.

DraftKings Casino entered the iGaming market in Ontario in May of 2022 and partnered with Hacksaw Gaming in the back end of the same year. As Ontario’s regulated iGaming market only went live in April of 2022, the pair have given an outstanding performance with effective launch strategies and expansive footing in North America.

Apart from gaining an unprecedented reach across regulated markets, the mobile-friendly format of Hacksaw Gaming games can be visited on phone or tablet via the DraftKings Casino app. Boasting an impressive online casino’s selection of over 300 games, DraftKings now welcomes Hacksaw Gaming favourites such as Chaos Crew, Mines, Omnom and Boxes.

“The benchmarks we have set as a partnership are remarkable and we are ready to take on more challenges continuing into 2024,” the Chief Executive Officer for Hacksaw Gaming, Marcus Cordes, said.

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Exploring Canada’s video Game Market: Survey Insights

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Technology has become a great source of entertainment to many. Video games particularly have garnered interest from all demographics. In Canada, the gaming industry has experienced significant growth, fuelled by increased accessibility to gaming platforms and the growth of online gaming communities.

Statistics indicate that a large percentage of Canadians are engaged in gaming activities, whether it be playing console or PC games, mobile games, or online multiplayer games. The popularity of video games extends beyond leisure pastimes, with many Canadians participating in gaming competitions, attending gaming conventions, and consuming gaming-related content on platforms like Twitch and YouTube.

The number of video game users in Canada reflects how broad the sector is, from mobile games to digital video games, download games and live streaming. In 2024, the gaming sector will see millions of users in each of these categories. Statista projects 13.38 million users for digital video games and 7.35 million users for online games respectively. It estimates that revenue in the Canadian video game market is expected to reach US$3,925.00m in 2024, so it is no surprise to observe the increasing popularity of the sector.

Well-known online casino provider BetVictor has compiled some key points from major surveys detailing the video game market to give further insight into its makeup and potential. The gaming culture in Canada is growing, which means the type of games and genres will grow along with the sector. Statista recently conducted a survey of 1 576 respondents aged 18 – 64 who are avid video game players, with telling results. ​​In December 2023, a survey about preferred video game genres in Canada revealed the top four genres as being Action, Action – adventure, Adventure and casual games accounting for 31% of respondents’ preferences.

David Winter, Marketing Manager at BetVictor notes that “We’ve seen a steady increase in the popularity of action-themed and adventure-themed slots and many providers are exploring how to expand further into this market.”

The popularity of Action games such as platform and fighting games can be attributed to various factors, such as: social interaction, accessibility and inclusivity, social appeal, and cultural influence. With such a diverse audience, all these factors are crucial to understand the appeal of Action games.

In the digital age, gaming has transcended mere entertainment to become a cornerstone of culture, and nowhere is this more evident than in Canada. From coast to coast, a diverse community of gamers is thriving, reflecting the country’s inclusive spirit and passion for technology. Whether it’s the casual gamer enjoying a quick session on their smartphone or the dedicated enthusiast meticulously building a custom gaming PC, Canada offers a welcome haven for all kinds of gamers.

Diving deeper into the Statista results, Strategy games accounted for 29%. This shows us that players have a strong interest in tactical and decision-making games. While role-playing (RPG) and sports games garnered 22% each, simulation and shooters trailed slightly behind at 21% and 20% respectively.

MMO (massively multiplayer online games), as well as MMORPGs (massively multiplayer online role-playing games) and MOBA (multi online battle arenas) came in at 13% and 8% respectively, representing a significant but niche following. With such a diverse array of preferences, the survey underscores the multifaceted nature of interests among Canadian gamers. It highlights the need for game developers to cater for a wide range of genres and gameplaying styles in the Canadian market.

From action shooter games to role-playing adventures, the industry has something for every gaming enthusiast in the Canadian market. Overall, the popularity of video games in Canada reflects a growing cultural phenomenon, where gaming has become a mainstream form of entertainment and a significant aspect of modern-day leisure activities.

Statistics anticipate a compound annual growth rate (CAGR) of 7.10% for 2022-2027, resulting in a projected market volume of US$24.52bn by 2027. Canada’s online gaming market is experiencing a surge in popularity, with a surging number of Canadian players engaging in immersive virtual reality experiences.

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