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GameSquare Esports Announces Appointment of Justin Kenna, formerly of FaZe Clan, as GameSquare CEO and a Member of its Board of Directors

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GameSquare Esports Announces Appointment of Justin Kenna, formerly of FaZe Clan, as GameSquare CEO and a Member of its Board of Directors

 

GameSquare Esports Inc., an international esports company, is pleased to announce that Justin Kenna has been appointed as Chief Executive Officer and a member of its board of directors. Mr. Kenna most recently served as Chief Financial Officer for FaZe Clan, a leading esports brand, ranked by Forbes as one of the most valuable esports organizations worth more than US$300 million. Justin brings considerable experience in esports, digital media and digital agencies in the United States and Australia and has deep expertise in finance, strategy, and operations. Kevin Wright, the previous Chief Executive Officer of the Company, will continue in the role of President, a member of the Company’s Board of Directors and an active member of the executive team.

“Justin’s appointment as CEO is a testament to the quality of business we are building and the calibre of talent we are attracting,” said Kevin Wright, President of GameSquare. “Justin was instrumental in growing FaZe Clan into one of the world’s biggest gaming brands and he has tremendous experience in areas that will be critical to GameSquare’s continued success. I look forward to working with him as we collaborate on strategy and continue to build a leading organization that can monetize trends within gaming and esports, which is in the early innings of growth.”

“I am excited to join GameSquare Esports at a time when I believe the Company is poised for significant organic growth,” added Justin Kenna, incoming CEO of GameSquare. “I am impressed with the assets that Kevin and the GameSquare team have acquired and I look forward to supporting its portfolio companies to accelerate profitable, organic growth. GameSquare is on a great path and I look forward to continuing the work of building a leading gaming and esports organization with the talented people at Code Red, and, upon completion of the previously announced acquisition, Reciprocity and its subsidiary, the Gaming Community Network.”

Prior to joining GameSquare, Justin served as CFO for FaZe Clan, one of the world’s leading gaming brands. During his tenure at FaZe Clan, the organization grew into one of the most valuable gaming companies, as noted in Forbes’ The Most Valuable Esports Companies 2020. Mr. Kenna was previously the Director of Finance at Madison + Vine, a next-gen creative studio, and served in various roles at Goldman Sachs, Deloitte, and Ernst & Young. Justin is a Chartered Professional Accountant and received a Bachelor of Business, Accountancy from the RMIT University in Melbourne, Australia.

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In addition, the Company has granted a total of 2,000,000 stock options to Mr. Kenna pursuant to the Company’s stock option plan. The stock options vest in equal quarterly instalments over two years and may be exercised at a price of $0.44 per option for a period of five years from the date of grant. This grant of options remains subject to the approval of the Canadian Securities Exchange.

Canada

ComeOn Group adds sportsbook to its offering in Ontario

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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.”

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

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

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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.

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IAGR announces Toronto as host city for 2025 conference

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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.’

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Stay tuned for registration details early next year.

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