Canada
The Future of Play: New Horizons Conference 2021
The last twelve months has seen the way we work, live and play change dramatically in light of the global pandemic. At BCLC, we’ve pivoted our approach to business and accelerated our player health response to meet our players’ needs in a quickly changing societal context and entertainment landscape.
For some individuals, the rapid pace of change, combined with increased isolation, has been difficult. To make it easier for our players to access resources and to keep gambling fun and safe during these challenging times, BCLC has made GameSense Advisors available to players by phone and by online chat through PlayNow.com. GameSense Advisors have experience in areas such as mental health, cultural sensitivity and appropriate-response training to support players in a variety of situations. They also assist players by providing information that is essential to making informed decisions and connecting players to appropriate support resources where needed.
Now is the time to look at ways to move from the “new normal” to a “new future”. At this year’s Ninth Annual New Horizons in Responsible Gambling Conference, our theme, Player Health Reboot: Resetting the Future, embodies both reflection and imagination – with the clear purpose of inspiring success now and in the future.
Joining us as our keynote speaker is Futurist Sanjay Khanna, an expert in strategic foresight, who will kick-off two days of exciting dialogue by sharing his insights into global change and its implications for cultures of play and innovation in a post-pandemic era.
I had the opportunity to chat with Sanjay recently and ask him some tough questions about the future of the gambling industry and how the concept of play will evolve along with technological innovations and a drive towards greater sustainability. Here’s a preview into my discussion with him, and what he will he talk about at New Horizons.
Q: New Horizons connects industry-leading experts, specialists, and researchers from around the world to find solutions to keep gambling safer and reduce harms. If you could give one piece of advice to the gambling industry, what would it be?
A: Focus on keeping gambling safer and reducing harms by taking an innovation-led approach to developing new gambling experiences. These should involve a wider array of considerations about experience design, social engagement and evidence-based risk mitigation. There’s massive space for really exciting kinds of innovation that are considerate of people, are thoughtful, and use evidence and research effectively.
Q: You write that climate change defines us more than we realize by leading to lower earnings, uncertain employment prospects and mental-health burdens. What does the gambling industry need to do today to build resilience?
A: There are five important climate crisis stakeholders: Customers, employees, communities, allied businesses, and governments. For customers and employees, the industry could strive, for example, to attract socially responsible gamblers, who desire digitally and architecturally compelling gambling environments with a mix of exciting engagement and serenity. For communities, allied businesses, and governments, the industry could use social innovation to foster cooperation to address climate risks and build resilience. The industry will also need to take steps to mitigate physical risks of extreme weather and climate change to digital and physical infrastructure assets. From this perspective, two keys to resilience building include developing new physical infrastructures to higher engineering standards, as well as powering operations with renewable and redundant energy systems.
Q: Do you think our concept of play will change?
A: The concept of play won’t change, but where and how the instinct of play is harnessed will expand with further gamification of apps, services, and work, too. I’m concerned, for example, that play will continue to be monetized at scale with competitive rather than cooperative play impulses utterly dominant. Competitive elements of play can be more problematic if chronic economic stressors after the pandemic make people feel more desperate and therefore contribute to increasing individuals’ stress levels. That’s why one pertinent question for gambling innovators is: How might digital and physical gambling experiences be fortified with more creative and cooperative play instincts?
Q: With your future perspective, when it comes to the gambling industry ten years from now, what would be the three trends you would predict based on current conditions?
A: Deeper digitization, more innovative use of virtual reality, augmented reality and Internet of Things technologies to support the development of really interesting and compelling experiences that are part of the gambling experience. Underlining that is what I hope will be a focus on ways the gambling industry might enrich society by emphasizing player health, sustainability and resilience within purpose.
To learn more, join us at New Horizons where Sanjay will further explore concepts of play and innovation as well as the risks associated with data and technological advancements. He will also highlight the need to explore plausible scenarios within which play may occur, while inspiring conference participants to reboot player health by harnessing values of responsible gambling and breakthrough innovation.
New Horizons in Responsible Gambling takes place March 9 and 10, 2021 virtually. Sanjay Khanna’s keynote address kicks things off on March 9.
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.
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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