Canada
Playmaker Commences Trading on TSXV; Jake Cassaday announced as Chief Operating Officer to bolster growth initiatives
Playmaker Capital Inc., the Toronto-based, newly-listed digital ecosystem for sports fans, is pleased to announced that trading in its common shares on the TSX Venture Exchange (the “TSXV”) will commence today at 9:30 a.m. under the ticker symbol “PMKR”. Playmaker is also pleased to announce the appointment of Jake Cassaday as Chief Operating Officer. Mr. Cassaday was previously a Partner at Relay Ventures, a prominent North American venture capital fund and lead investor behind Playmaker.
Playmaker has a mission to aggregate an ecosystem of engaged sports fans that will be monetized with sports betting companies, blue chip advertisers, leagues and teams. Playmaker’s vision is to apply an intentional and thoughtful approach to becoming a strategic aggregator of sports fans, the true lifeblood of the sports betting industry.
As previously announced, in April 2021, Playmaker completed its first acquisition, Futbol Sites, a leading digital sports media group connecting brands and sports betting operators to millions of fans in Latin America and the U.S. Playmaker anticipates making further acquisitions focused on brands with high-quality assets and solid management teams with a demonstrable track record for sustained growth and profitability.
Playmaker is led by an experienced management team that is well positioned to achieve the goals set out for the organization. In executive officers, Jordan Gnat (Chief Executive Officer), Jake Cassaday (Chief Operating Officer), Mike Cooke (Chief Financial Officer) and Federico Grinberg (Executive Vice President), Playmaker has decades of transaction and industry experience in both the digital media and sports betting sectors. The board of directors is led by Chair Maryann Turcke, currently serving on the board of directors of the Royal Bank of Canada, and previously Chief Operating Officer of the National Football League (NFL) and President of Bell Media.
“Today marks the next step in Playmaker’s journey to become a global player in digital sports media. We will leverage our experienced management team and exceptional board of directors to bring great value to our shareholders,” commented Jordan Gnat, Chief Executive Officer of Playmaker. “These are exciting times in the early life of Playmaker. Our mission is to build an ecosystem of assets that will provide sports fans and our clients with outsized value. We are beginning from an already-profitable position, and now we welcome Jake Cassaday as Chief Operating Officer.”
“To be joining Playmaker, fresh on the heels of a go-public, and ready to scale through both organic and acquisitive growth, is hugely exciting for me,” added Jake Cassaday. “Playmaker connects my passions for sports, technology, and media, and allows me to leverage my experience to support the Playmaker growth engine and build a lasting company in the sports media arena.”
Before joining Playmaker, Mr. Cassaday enjoyed a six-year tenure at Relay Ventures where he served on the board of directors of several high-growth companies, and as an advisor to startup accelerators, including Techstars and the Future of Sport Lab. Mr. Cassaday has been heavily involved with Playmaker since its inception, helping to build out its strategy, raise capital, and carry out initial acquisitions. He holds an MBA from the University of Toronto’s Rotman School of Management and a BA from McGill University.
Canada
Aviatrix enters North America for first time with Ontario launch
Award-winning crash game Aviatrix is now live in North America for the very first time, after securing a licence and certification in the Canadian province of Ontario.
Aviatrix has been granted a Gaming-Related Supplier (B2B) Licence by the Alcohol and Gaming Commission of Ontario (AGCO), meaning Ontario-licensed operators can now offer the game.
It’s the first time players in North America will be able to enjoy Aviatrix, marking another major milestone in the remarkable two-year journey of the game.
Aviatrix was helped through the AGCO licensing and certification process by BetComply.
Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “We committed to expanding Aviatrix’s regulated footprint, and this is another huge step. We’re already present in many markets across Europe, so it is fantastic to add a province in Canada to the list. We are sure that players in Ontario are going to find Aviatrix every bit as enjoyable as their counterparts elsewhere.”
Aviatrix has added multiple new regulated markets over the past few weeks, including Italy, Sweden and the Netherlands.
It was also recently named ‘Game of the Year’ at the EGR Operator Awards 2024.
Canada
Gift Responsibly: Lottery Tickets Aren’t Child’s Play
While sharing gifts with family and friends is a wonderful tradition during the holiday season, Ontario Lottery and Gaming Corporation (OLG) reminds parents and adults that all lottery products, including INSTANT tickets, are a form of gambling and are not suitable gifts for children and minors.
While lottery products make great gift ideas for a variety of special occasions, these products are for adults only. It’s vital that parents and adults understand the proven risks and impacts associated with underage gambling. If you decide to buy lottery gifts for friends and family, please ensure the recipients are at least 18 years of age and older.
There is extensive free information and various resources available dealing with youth and gambling:
The YMCA Youth Gambling Awareness Program (YGAP) is a free service funded by Ontario Ministry of Health and Long-Term Care to raise awareness among youth of gambling risks, how to make informed decisions, and healthy, active lifestyles.
The Gambling, Gaming and Technology Use (GGTU) program at the Centre for Addiction and Mental Health (CAMH) supports addictions and mental health service providers through continuing professional development, digital tools and resources, and facilitating knowledge mobilization activities related to problem gambling, video gaming, and internet addiction.
The Responsible Gambling Council (RGC), an independent non-profit organization focused on the prevention of problem gambling in Canada and worldwide, with information on Teens or Young Adults and gambling.
Also, OLG’s award winning PlaySmart.ca program can help parents understand the facts when it comes to games, and concepts like odds and randomness. There’s also a “Finding Help” section with links to the support resources above and more.
OLG has supported the Holiday Campaign from the National Council of Problem Gambling and the North American Association of State and Provincial Lotteries (NASPL) for many years, which encourages lotteries in Canada, US, and around the world to promote the important message that lottery products are not suitable for children at any time.
Canada
The Grand Traverse Band of Ottawa and Chippewa Indians Plans to Open a Gaming Facility in Benzonia
The Grand Traverse Band of Ottawa and Chippewa Indians plans to open a gaming facility in Benzonia.
“The Grand Traverse Band of Ottawa and Chippewa Indians wishes to share with the public the exciting news that the tribe will open a new gaming facility on its trust land in Benzie County. The facility will create much-needed new employment opportunities and stimulate economic growth for the tribe and for the local community,” reads an undated press release on the tribe’s website.
The gaming facility will be located at the tribe’s community center at 7282 Hoadley Road, in Benzonia, according to the release.
At the Nov. 26 Benzie County Board of Commissioners, John Petoskey spoke to commissioners about the gaming facility on behalf of the tribe.
Petoskey said he had been in contact with county officials about the gaming facility.
“What the tribe would like to do is to open a gaming facility on Hoadly Road just down the street from the Wesco gas station,” Petoskey said.
He said the tribe submitted a notice of notification to the National Indian Gaming Commission and the Office of Indian Gaming in the summer of 2023.
“In the view of the tribe, this site is eligible for gaming under the Indian Gaming Regulatory Act under what’s know as restored land exception to the categorical prohibition of gaming after 1988. That was basically the same argument the tribe used for Turtle Creek and was successful in that case,” Petoskey said.
He said state officials also have been notified of the tribe’s intent.
Petoskey said federal officials had 120 days to review the notice and object.
“At this point, they have not raised objections, so our internal gaming commission at the Grand Traverse Band issued a gaming license on Nov. 21,” he said.
He said after the license was issued, the tribe reached out to Benzie County officials so that they would know what was going on at tribal land and could answer questions from the public.
The tribal center will be renovated to accommodate gaming The tribe also has a housing development on the property.
Petoskey said the facility will feature slot machines and table games.
Work on the renovation has already started, including electrical and architectural work.
Expanded parking may be constructed if “demand is sufficient” Petoskey said.
He also said the gaming facility would create between 20 and 50 jobs.
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