Canada
Victory Square Technologies Applauds Senate Approval of Bill C-218 That Legalizes Single-Event Sport Wagering in Canada
Victory Square Technologies Inc. is pleased to announce that Bill C-218, a bill that legalizes single-game sports wagering has passed the Canadian Senate and now proceeds for Royal Assent to become law in Canada.
Known as The Safe and Regulated Sports Betting Act, Bill C-218 repeals a section of Canada’s criminal code, which makes wagering on a single sporting event outcome illegal in Canada.
Victory Square is pleased to have two portfolio companies that will benefit from this announcement: GameOn Entertainment Technologies (CSE:GET) and FansUnite Entertainment (CSE:FANS).
Once the Bill C-218 receives Royal Assent, the Company anticipates many opportunities to license and or joint venture across the 10 provinces and 3 territories in Canada and also in the legalized global markets. According to the Canadian Gaming Association, over $14 billion is wagered offshore by Canadians and through illegal bookmaking operations in Canada.
FansUnite Entertainment Inc. (CSE:FANS)
FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. FansUnite has produced a one of a kind complete iGaming platform, with a sports and esports focus geared for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-play betting, daily fantasy, content and a certified RNG to produce casino style chance games. The platform operates multiple B2C brands and B2B software for the online gambling industry. FansUnite also looks to acquire technology platforms and assets with high growth potential in new or developing markets.
GameOn Entertainment Technologies (CSE:GET)
Founded in 2018, GameOn Entertainment Technologies empowers sports and entertainment content providers with the world’s simplest and most accessible gamification platform. Whether it’s supporting TV networks, OTT platforms, sportsbooks or leagues, GameOn helps partners turn their content—everything from sports to reality TV—into interactive and social experiences via mobile and TV apps.
GameOn recently announced advisors with deep sports betting experience: J Moses, a respected game industry veteran who also served as an advisor for the sports wagering platform Bet.Works (recently acquired by Ballys), Mike Vorhaus, seed investor at DraftKings and Skillz , Sean Hurley, previously served as Head of Sportsbook at DraftKings and Sabrina Carrozza, a communications consultant who represents some of the biggest brands in sports, media and technology.
“The Senate adoption of Bill C-218 will have a significant positive impact upon Victory Square portfolio companies; GameOn and FansUnite,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “Both GameOn and FansUnite have strategically positioned their respective companies to capitalize upon the upcoming legal sport wagering opportunities in Canada and those legal in the USA and beyond.” “GameOn’s proprietary interactive gaming models will complement live games and gaming operators, while FansUnite’s software will enable it to capitalize upon the legal gaming boon that is soon to come,” said Tejani.
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.
Canada
Bojoko.ca Celebrates Record-breaking Month in October 2024
Bojoko.ca, a leading online casino comparison site in Canada, has announced its best-ever performance since launching in 2021. October 2024 marked a new milestone for the platform, recording the highest number of First Time Depositors (FTDs) and the most significant commission earnings in its history.
The number of FTDs surged with 35% growth from what was already the all-time best result in September. This achievement cements Bojoko.ca’s position as a trusted leader in the Canadian iGaming industry, providing users with transparent and user-centric resources for finding the best online casino experiences.
In addition to the record-breaking FTDs, Bojoko.ca saw its highest-ever monthly commissions, underscoring the platform’s exceptional performance and the trust it has built with users and partners.
Joonas Karhu, CEO of Bojoko, said: “This is a proud moment for Bojoko.ca and the entire team. Since launching in 2021, our mission has been to empower our users to discover safe casinos that match their criteria, and this record-breaking month demonstrates that we have earned the trust of Canadian players. We could not be more excited and are more committed than ever to raising the bar in the iGaming industry.”
Canada
awager Partners with Loto-Québec to Launch Advanced Live-Stream Slot Solution
awager’s live-stream solution brings physical slot machine games online, delivering an authentic casino experience remotely. Today, awager proudly announces the launch of its latest product version with Loto-Québec. Building on two successful years with awager’s second product version, this latest release introduces an advanced solution that brings the realism of the casino floor to players’ devices, offering an even more immersive experience through awager’s enhanced technology.
This product launch features awager’s unique “Casino-in-Casino” solution, part of a suite of offerings designed to deliver real-time, physical casino experience. A dedicated studio has been built on the Casino de Montréal floor.
This product version aims to bring the most authentic online casino experience yet. With a multitude of camera angles, real-time player engagement, full machine interaction, 4K video streaming with minimal lag, and full sound capture, players can enjoy an immersive session that captures the spirit of the casino. Additionally, a 3D video simulation was created, allowing players to “walk through” the Casino de Montréal when they enter the awager lobby, providing a true-to-life ambience for a realistic experience.
This launch strengthens a partnership with Loto-Québec that began in 2022, when awager’s second product version first captivated players. With its third version now live, awager and Loto-Québec are set to continue their successful collaboration, elevating digital casino gaming for players across Québec.
Warren Steven, GM of North America for awager: We are proud to work alongside Loto-Québec and to provide the province’s players with the most advanced and exciting casino technology on the market.
We truly believe that the third version of our product is the most innovative yet and that there is nothing else quite like it on the market. It immerses players in the online casino environment and provides a unique experience, blurring the line between land-based and online casino action.
The Canadian market is a key strategic market for awager in North America, and it is a privilege to work alongside Loto-Québec and provide its customers with this exciting new experience.
François Hardy, Senior Director of Products and Innovation at Loto-Québec: At Loto-Québec, we are always looking for new and exciting ways to entertain our players. We want to be able to provide them with the latest technology and gaming on the market. Awager’s product perfectly aligns with this vision, enabling us to provide a refreshing and dynamic experience to our players.
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