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Canada

Canadian Gaming Summit Gets a New Addition with SBC First Pitch Competition for Startups

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Canadian Gaming Summit Gets a New Addition with SBC First Pitch Competition for Startups

 

SBC is thrilled to announce the inclusion of SBC First Pitch in the 26th edition of the Canadian Gaming Summit, scheduled to take place from June 13-15 at the Metro Toronto Convention Center.

This startup competition for sports betting and iGaming firms has been successfully conducted at SBC Summit North America in New Jersey and the global flagship SBC Summit Barcelona event. With SBC now managing the Canadian Gaming Summit, the First Pitch competition will be a vital component of the Growth and Leadership track on the second full day of the event (June 15).

The inclusion of SBC First Pitch in this prestigious summit underscores SBC’s commitment to supporting the brightest entrepreneurs and most innovative startups in the sports betting and iGaming space.

The SBC First Pitch application period is officially open and will remain so until April 30th. A panel of esteemed judges will meticulously evaluate each submission to assess their alignment with the application criteria, and ultimately select the five most promising startups with the strongest pitch decks.

The selected companies will receive the opportunity to present their groundbreaking products in front of industry leaders and investors, as well as compete for a chance to secure an exclusive prize package already valued at CA$30,000, designed to support their future development and growth plans.

The competition will be judged by a group of highly respected professionals, including Benjie Cherniak (Principal at Avenue H Capital, LLC), a distinguished investor and advisor in the sports betting industry, and Dani Lipkin (Managing Director of Global Innovation Sector TMX Group), an expert in guiding private companies and their shareholders through the process of raising equity capital in Canada. Before the application deadline expires, SBC will be including additional judges to the list.

The winner of the competition will receive an exceptional package, already valued at $30,000, which will be further enriched by the time of the event. The prize package includes:

  • A six-month subscription to Eilers & Krejcik Gaming’s Sports & Emerging Verticals, a boutique research firm that specializes in providing comprehensive services to the gaming equipment, sports, and interactive gaming sectors within the global gaming industry. This subscription alone is worth $25,000.
  • An exclusive brand or web design package, valued at $2,800, from Vegas Kings, the premier iGaming design and development agency that has been trusted by leading brands such as Ladbrokes, Betfred, Spinomenal, BetConstruct, and more.
  • A comprehensive promotional package from SBC Media, including six months of advertising on either SBC Americas or Canadian Gaming Business, newsletter advertising, as well as two featured editorials promoting the winning business. This package alone is valued at $12,000.

Sue Schneider, VP of Growth and Strategy at SBC, said, “One of our previous winners, Parleh Media Group, is a Canada-based company, and the country itself is a well-established tech hub and a centre for global investment. So, this inaugural edition is sure to attract exciting entries, and we can’t wait to see what innovative products and ideas the Canadian startup scene has in store.

“It’s SBC’s first involvement in the Canadian Gaming Summit as an organizer, and adding the First Pitch competition to the event schedule was a no-brainer. We are committed to supporting young companies in their growth journey by providing them with a platform to showcase their breakthrough products and innovations – and the First Pitch competition is one of our most powerful cards in doing just that.”

The start-ups that apply have to fulfil certain eligibility criteria:

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  • Must have been founded no earlier than 2020
  • Must be focused on the sports betting and iGaming industry
  • Must have raised no more than CA$5 million on outside financing
  • Must have an MVP product to discuss and showcase
  • Must be seeking investment of a minimum of CA$250,000
  • Have at least one representative from the company present at the competition on June 15

Canada

Fennica Gaming Granted Supplier License for Ontario Market

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Fennica Gaming has announced that it has been granted a gaming supplier license in Ontario, Canada. This milestone marks a significant step in the company’s expansion strategy, allowing it to offer its cutting-edge gaming experiences to gaming operators in one of North America’s most dynamic regulated markets.

The supplier license, granted by the Alcohol and Gaming Commission of Ontario (AGCO), enables Fennica Gaming to introduce its portfolio of entertaining and high-quality games to gaming operators across the province. This registration empowers Ontarian operators, whether online or land-based, to access the omnichannel offerings developed in the Nordics.

“We are thrilled to receive our B2B supplier license in Ontario and to offer our advanced gaming solutions to operators in the region. After a thorough application process, we can now proudly and prominently display our registration and achievement. We have followed the market in North America for a long time and Ontario is an excellent example of market that is well organized. It represents an exciting market with immense potential, and we are committed to delivering secure, entertaining, and trustworthy gaming experiences tailored to local preferences,” Timo Kiiskinen, Managing Director of Fennica Gaming, said.

Fennica Gaming’s Nordic gaming experience and heritage as an omni-channel gaming operator through its parent company Veikkaus offers a broad range of entertainment for Ontarian operators with a player-first attitude. This registration supports Fennica Gaming’s commitment to a sustainable industry, enabling operation in compliance with Ontario’s local regulatory framework.

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GeoComply welcomes Kip Levin as CEO, driving customer-focused innovation and growth

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GeoComply welcomes Kip Levin as CEO, driving customer-focused innovation and growth

 

GeoComply, the global leader in geolocation security and fraud prevention, today announced the appointment of Kip Levin as its new Chief Executive Officer, effective Tuesday, March 4th. This strategic move reinforces GeoComply’s commitment to delivering cutting-edge solutions and driving success for its customers.

Kip Levin brings a wealth of experience to GeoComply, having served in various senior leadership roles at Flutter Entertainment over the past decade including CEO of the US business and President of FanDuel. Prior to that he spent 12 years at Ticketmaster where he led the product and ecommerce teams and oversaw the company’s expansion into mobile and resale. His proven track record in driving growth and innovation within dynamic, technology-driven markets positions him to enhance GeoComply’s ability to serve its customers.

This transition allows co-founder Anna Sainsbury to step into the role of Executive Chairman, where she will focus on strategic vision and governance, ensuring GeoComply continues to anticipate and meet the evolving needs of its customers. Co-founder David Briggs will shift his focus to Product and Innovation, leveraging his expertise to drive cutting-edge solutions as he moves from his previous role as CPTO.

“We are thrilled to welcome Kip Levin to GeoComply,” said Anna Sainsbury, Executive Chairman. “His extensive experience and strategic vision are perfectly aligned with our commitment to delivering exceptional value to our customers. I am confident that under his leadership, GeoComply will continue to innovate and expand its global footprint, ensuring we remain at the forefront of geolocation security and fraud prevention. This transition enables me to dedicate more time to our long-term strategic direction, focusing on how we can better serve our partners.”

Kip Levin expressed his enthusiasm for joining GeoComply, stating, “I am incredibly excited to join GeoComply, a company with a strong reputation for innovation and a commitment to customer success. The opportunities in this space are immense, and I look forward to working with Anna, David, and the entire GeoComply team to build on the company’s success and drive further growth for our clients. My experience in scaling businesses and driving product innovation will be instrumental as we navigate the evolving landscape of geolocation technology, ensuring we provide our customers with the most reliable and effective solutions.”

David Briggs, focusing on Product and Innovation, added, “With Kip joining us, I am eager to dedicate my full attention to driving innovation and developing groundbreaking solutions that directly address our customers’ challenges. This is an exciting time for GeoComply, and I am confident that our combined expertise will enable us to deliver even greater value to our clients, strengthening our partnerships.”

GeoComply is poised for continued success as it leverages Kip Levin’s leadership and the founders’ renewed focus on strategic vision and innovation. The company remains committed to providing its clients with the most reliable and advanced geolocation security and fraud prevention solutions, acting as a trusted partner in their success.

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BCLC Reminds Public to be Cautious of Illegal Online Casino Scams

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BCLC has reminded the public to be cautious of a series of social media scams that imitate B.C. casinos and trick individuals into providing their financial details on illegitimate websites.

Highly deceptive, these scams share fraudulent posts and advertisements exploiting the logos, names, and exterior images of local B.C. casinos, and may claim to offer players exclusive bonuses and promotions if they register with their website or mobile application. BCLC warns that none of these sites are associated with casinos in B.C. or BCLC.

PlayNow.com is the only online gambling website permitted to operate in B.C. BCLC’s official apps are BCLC Lotto!, PlayNow Poker BC, and PlayNow BC Sportsbook. All BCLC-operated social media accounts, such as BCLC, PlayNow BC, PlayNow Sports, Lotto BC and Casinos BC, are verified with a checkmark.

While BCLC and its casino partners continue to work on having the posts removed, British Columbians should stay vigilant when it comes to these predatory and sophisticated scams.

To protect themselves, individuals are encouraged to:

• Be on alert when a website or app asks for personal or financial information. BCLC’s verified websites and apps will never ask for your social insurance number (SIN), banking information or credit card details online to claim a prize from a B.C. casino.

• Carefully check the URL and domain of the website to verify its legitimacy. Often, scammers will use a similar URL and domain to legitimate websites with a minor spelling difference.

• Always verify the company and its services are real before providing any personal information.

• Look out for other red flags, such as the suggestion of fees or taxes to be paid on a prize. There are no fees or taxes on prizes won in Canada.

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If individuals feel unsure about an account, post or advertisement claiming to represent a B.C. casino, they can contact BCLC directly by calling the Customer Support Centre at 1-866-815-0222, or using the live chat resource on corporate.bclc.com or PlayNow.com.

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