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Recent News Articles

First Month Of Legal Sports Betting Generates Over 6 Million Dollars In Ontario

The Ontario Lottery and Gaming Corporation, the government-owned lottery and casino operator from Canada’s most populous province, has announced that its brand new sports betting service has accepted more than 6 million dollars in bets during the first four weeks of operations. The Ontario Lottery and Gaming Corporation launched its Proline+ online betting service on August 27, the date which marked the beginning of legal single-event sports bett ...

Truenorth.bet Launches In Canada On Pronet Gaming Platform

Truenorth.bet, an online sportsbook owned and operated by First Nations people from Canada, has launched officially after having set up the website in partnership with Pronet Gaming, a developer that offers solutions for online sportsbooks and casinos. Under the terms of the agreement, Truenorth.bet will function on Pronet Gaming’s solid platform, offering players in Canada the possibility to place their bets on multiple sports events but also en ...

Great Canadian Gaming Acquisition Receives Green Light

Great Canadian Gaming Corporation, one of the most important gaming and entertainment companies in the country, has announced it received all regulatory approvals for the acquisition of the company by an affiliate of Apollo Global Management, a powerful international private equity firm. Raptor Acquisition Corporation, the respective affiliate of Apollo Global Management, will acquire Great Canadian shares at the price of 45 Canadian dollars per ...

Evolution Acquires Gaming Wheels Developer DigiWheel

Evolution, the world’s most powerful supplier of live casino software and content, has made yet another acquisition as it agreed to purchase DigiWheel, a developer of innovative gaming wheels. The deal was done for just 1.2 million United States dollars, which is just a pocket change for a company like Evolution, which had revenue of over 500 million dollars in the first half of the 2021 fiscal year. The acquisition of DigiWheel was made with the ...

British Columbia Lottery Corporation Records Decreasing Revenue In 2020-2021 Fiscal Year

The British Columbia Lottery Corporation (BCLC), the state-owned Canadian lottery and gaming operator, has reported a drop in revenue of over 61 percent for the 2020-2021 fiscal year. The state-owned company has reported a revenue of 965.6 million Canadian dollars, which is 61.8 percent less than what was generated during the 2019-2020 fiscal year. The drop is mainly due to the impact of the novel coronavirus pandemic, which led to land-based cas ...

OLGC Attracts Wagers Of 1 Million Dollars In First Week Of Single-Event Sports Betting

The Ontario Lottery and Gaming Corporation, the government-owned lottery and casino operator from Canada, has announced that the first week of single-event sports betting has been a great success for the company. Wagering on single events has become legal in Canada after the Parliament approved Bill C-218, and the law became effective on August 27, when operators across the country were allowed to offer their customers odds on various sporting ev ...

Canada’s Bragg Gaming Group Gets Listed On Nasdaq

Bragg Gaming Group, the increasingly powerful iGaming content supplier from Canada, has reached one of its major goals for this year as it began trading its common shares on the Nasdaq Global Select Market. The shares issued by Bragg Gaming Group are now trading on Nasdaq under the ticker symbol “BRAG” after the company secured the approval from the stock exchange last week. The Canadian supplier filed the application in March 2021 after having s ...

Canadian Lotteries Launch Single-Event Sports Betting In Partnership With Scientific Games

Scientific Games Corporation, the powerful American provider of gaming products and services, has announced that three Canadian operators have made single-event sports betting available to their customers through the OpenSports platform. Single-event betting became legal in all Canadian provinces on 27 August, and Scientific Games helped the British Columbia Lottery Corporation, Loto-Quebec and the Atlantic Lottery Corporation make this option av ...

Bragg Gaming Records Increased Revenue In Second Quarter

Bragg Gaming Group, the Canadian business-to-business iGaming technology and content supplier, has reported increased revenue in the second quarter of 2021, following an aggressive expansion strategy. The Canadian company revealed that its revenue in the second quarter of this year grew by 28 percent compared to last year, the actual figure was 18.3 million dollars while the second quarter of 2020 brought in just 14.3 million dollars. Wagering re ...

Scientific Games Corporation Returns To Profit In Second Quarter

Scientific Games Corporation, the famous American provider of gambling products and services, has reported a return to profit in the second quarter of 2021 as gaming revenue increases along with the digital segment. According to the data released by the company, revenue in the second quarter of 2021 was 880 million U.S. dollars, representing an increase of 63 percent compared to the same period of last year. Moreover, the figure also represented ...

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