Tag Archives: canada

Nuvei US IPO secures $370m underwriting commitment

 Nuvei Corporation has upsized the offer of its US public listing to 3 million subordinate shares, that will be traded on the Global Nasdaq Exchange. On 4 October, the Montreal-based global payments group intended to place 1.5 million subordinated shares as its opening offer on the Nasdaq Exchange, filing its US IPO under the ticker ‘NVEI’.   However, prior to its …

Read More »

FDJ Solutions to power Ontario PROLINE+ sportsbook 

Groupe FDJ has announced a major North American commercial expansion as its Sporting Solutions and Gaming Solutions subsidiaries have been chosen to power the Ontario Lottery and Gaming Corporation’s (OLG) first sportsbook property.  The partnership will see FDJ subsidiaries provide a fully managed wagering solution for the launch of PROLINE+, OLG’s new sportsbook brand, which will serve as the province …

Read More »

BCLC PlayNow launches Canada’s first single-sports wagering markets

The British Columbia Lottery Corporation (BCLC) will begin offering single-event sports bets and bets on racing and fighting on its website, PlayNow.com, when Bill C-218 – the Safe and Regulated Sports Betting Act – comes into effect today. PlayNow.com players can now place a single wager on the outcome of a football game, such as Saturday’s meeting between the BC Lions and Ottawa Redblacks, or the …

Read More »

Betsson commits to Canada through Slapshot investment

Betsson AB has continued its strategic expansion into new markets by disclosing that it has acquired a 28% stake in Canadian start-up Slapshot Media Inc. The investment led by subsidiary ‘Betsson Perch AB’ will provide Slapshot Media with CAD $3 million (€2m) in enterprise funding as the wider Betsson group commits to becoming a participant within Canada’s transformed gambling marketplace.  …

Read More »

Martin Lycka: From the abyss of agony to the peak of ecstasy… and sometimes back!

In his monthly column for SBC, Martin Lycka, Entain’s Senior Vice President of US Regulatory Affairs & Responsible Gambling, believes cake is in order for some of those regulatory regimes that have turned agony into ecstasy… Dear reader,  I can hardly believe that I am welcoming you to the third season of my SBC column. but here we are at …

Read More »

Canada moves out of gambling wilderness as Bill C-218 secures final approval

Canada has ended its decade long drama to legislate single sports wagering, as yesterday evening the Senate approved the third and final reading of ‘Bill C-218 The Safe & Regulated Sports Act’.  Approved without any amendment, Bill C-218 will allow Canada’s 10 provinces to choose whether to independently regulate for single-event wagering on pro-sports events. Of heightened significance, Bill C-218 …

Read More »

ComeOn nets CPL partnership ahead of Canada makeover

ComeOn has become the first wagering partner of the Canadian Premier League (CPL) – Canada’s highest-ranking professional soccer organisation. From the 2021 season, the ComeOn brand will be displayed across all CPL club jerseys as the Malta-based operator serves as the “official sports betting and online casino partner of the Canadian Premier League”. As a principal partner, ComeOn will be …

Read More »

Young and male — is the iGaming player stereotype true?

Young and male — is the iGaming player stereotype true?

When considering what makes a ‘typical bettor’, many often imagine a male aged between 18-35, but – according to Slotegrator – “there’s more and more reason to consider female gamblers and those in other age brackets as well”. A new guide published by the iGaming software provider highlighted the importance of operators having an in-depth knowledge of their customers – …

Read More »

Martin Lycka – O Canada when will you revamp sports betting?

Despite all the sports betting regulatory action in the US following last week’s votes, GVC Holdings Senior Vice President of US Regulatory Affairs & Responsible Gambling Martin Lycka is looking at the reaction further north. The fearless men who stand on guard at the Ontario border, through snow, wind and sleet, noticed something rapidly whirling through the plains of Michigan …

Read More »

GVC promotes Martin Lycka to lead US regulatory affairs

Martin Lycka

GVC Holdings has continued to restructure its global senior management team after confirming the promotion of Martin Lycka to the newly created role of ‘Senior Vice President of US Regulatory Affairs & Responsible Gambling’. Lycka has formally served as GVC’s Director of Regulatory Affairs (2018-2020), leading the FTSE100 firm’s management of regulatory stakeholders, group-wide licensing requirements and compliance controls and …

Read More »