Connect with us

Canada

OneComply Completes Seed Financing Round Led by Warner Investments and Gaming Industry Experts

Published

on

OneComply Completes Seed Financing Round Led by Warner Investments and Gaming Industry Experts

 

OneComply is thrilled to announce it has completed its seed financing round led by Warner Investments with participation from gaming industry experts including Katie Lever, Benjie Cherniak and Quintin Singleton. Specific terms of the financing were not disclosed.

The financing will enable OneComply to solidify its position as the market and technology leader in providing purpose-built licensing automation and compliance management solutions specifically designed for the $465B global gaming and sports betting market – including online and bricks and mortar operators, industry vendors, suppliers and service providers – virtually any company that undergoes licensing or compliance in order to do business in the massively expanding North America gaming market.

For decades, licensing and operational compliance has been a largely manual and highly siloed process, relying on the use of spreadsheets, Word documents, emails and file sharing repositories, along with responsibilities spread amongst various departments including legal, compliance, HR, operations and finance. These disparate technologies and siloed responsibilities makes the process extremely inefficient and worse, does not permit a unified, 360° degree view into the health of a gaming company’s most valuable asset: their license.

By providing a centralized data portal, automated workflows and visual dashboards that offer an accurate and real-time overview of an organization’s health, OneComply streamlines and improves the entire licensing and operational compliance process, delivering “One Platform for 360° Compliance Management.”

“With the growth of gaming and sports betting in the US attracting new participants as well as driving new partnerships and alliances, licensing and compliance takes on a whole new level of complexity and importance,” says Bill Warner of Warner Investments. “Managing this critical aspect of the business requires advanced, purpose-built solutions that are able to tie together all these disparate parts and break down the silos that can put a license in jeopardy.  We are proud to be part of the OneComply story, to bring 21st century intelligence, automation and oversight to an area of gaming where it’s critically needed.”

“The expansion of gaming in the US has created a highly interrelated industry, where your license can be impacted by your partner’s or vendor’s non-compliance,” says Cameron Conn, Co-Founder and CEO of OneComply. “Whether it’s key persons, licensed employees, the entity itself or the critical systems and platforms a company utilizes, they all have an ongoing compliance component that needs to be effectively managed and monitored with well defined responsibilities and accountability. OneComply has created a centralized portal to tie all these pieces together, giving our customers an easy way to manage all their licensing and compliance, plus providing a complete view of the health of their most important asset – their gaming license.”

The past 12 months has fueled incredible growth at OneComply, with a customer base marked by some of the top gaming companies in the world including online and bricks and mortar operators, vendors, suppliers, payment processors and marketing affiliates. OneComply was also recently shortlisted for three EGR North America Awards 2022: Best Product Innovation, US Rising Star and Business Advisory Partner.

OneComply –  One Platform for 360° Compliance Management

OneComply centralizes and organizes all licensing and compliance data, including key person, corporate entity and occupational licensing, enabling organizations to automate the submission process and instantly know the status of applications and regulatory requests for multiple business entities, license types and jurisdictions. Our intelligent compliance and licensing management solution also allows companies to submit license applications to multiple jurisdictions in almost the same amount of time it takes to submit to one.

OneComply’s License Control capabilities gives organizations a streamlined way to track all their employees licensing and certifications, compliance workflows, and product tracking, via one secure portal. And deadlines won’t one slip through the cracks because OneComply provides automatic email notifications, with increasing urgency, when an important compliance and licensing action needs to be taken.

OneComply allows companies to move licensing and operational compliance from a labor intensive and highly siloed administrative check-box process to an automated, integrated, actively managed, strategic asset of the company.

Canada

Soft2Bet granted Ontario Certification of Registration and readies for imminent launch

Published

on

 

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.

 

Continue Reading

Canada

Hacksaw Gaming and DraftKings Score Again in Ontario

Published

on

 

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.

Continue Reading

Canada

Exploring Canada’s video Game Market: Survey Insights

Published

on

 

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.

Continue Reading

Trending

GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

Copyright © 2018 – 2024, HIPTHER. All Rights Reserved.