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MARE BALTICUM Gaming & TECH Summit 2024

Canada

Insider Knowledge at Canadian Gaming Summit: ‘Leaders’ Track Showcases Top Operators and Regulators

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1 year ago

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Apart from a vibrant exhibition showcasing various products and services and numerous networking opportunities, the Canadian Gaming Summit, the country’s premier gaming and betting event, will host a conference with an unrivaled line-up of first-rate speakers hand-picked by event organizer SBC.

The ‘Leaders’ conference track, which will take place on June 14 at the Metro Toronto Convention Centre, is an undisputed highlight of the event’s 26th edition, as it spotlights the most influential decision-makers, thought leaders and innovators in the Canadian gaming industry.

Attendees will gain unparalleled insights from Canada’s most successful operators, including representatives from PointsBet, BetMGM, Kindred and FanDuel. Furthermore, event visitors will have the opportunity to hear directly from regulators and exchange ideas with their peers in the gaming industry.

The opening panel of the ‘Leaders’ conference track will delve into Canada’s potential to become an international hub for iGaming innovation. Esteemed industry executives Scott Vanderwel (CEO, PointsBet Canada), Amanda Brewer (Country Manager Canada, Kindred), Dale Hooper (General Manager Canada, FanDuel) and Scott Woodgate (VP Canada, BetMGM) will explore how Canada can leverage its status as a well-established tech hub and center for global investments to emerge as a worldwide center for iGaming innovation.

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Drawing upon their experiences as established operators who were among the first to obtain legal operator titles in the Canadian market, the panelists will compare Canada’s situation with that of US states and discuss how local operators can compete with larger organizations for market share. In addition, the speakers will discuss the prospects of regulatory collaboration across jurisdictions and examine the potential of other provinces outside Ontario to chart a course.

The second panel is dedicated to regulators, who will reflect on the key takeaways from the opening of the province of Ontario and explore how these lessons can be applied to other provinces and Canadian territories. The panel will feature Martha Otton, Executive Director of iGaming Ontario, a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO) that was established to regulate the new market, and Tom Mungham, Chief Executive Officer of the AGCO.

The panelists will examine how various provinces across Canada can collaborate and align on best practices and expansion tactics. They will also analyze the accuracy of the predictions that were made when the market opened in Ontario. With their first-hand experience in the regulation of the industry, the speakers will provide invaluable insights into how Canada’s gaming sector can continue to thrive in the years to come.

The closing keynote fireside chat will feature Ray Pineault (CEO, Mohegan Gaming & Entertainment) and Ilkim Hincer (EVP & Chief Legal Officer, Hard Rock International). The experts will explore the convergence of iGaming, land-based gaming and provincial lotteries and elaborate on how the established land-based businesses and lotteries can capitalize on their knowledge by translating their core values to digital platforms. The speakers will also discuss the importance of partnerships with regulators and First Nations and the potential of simultaneously fulfilling the needs of various audience clusters through omnichannel experiences.

“There’s a lot to learn in Canada, especially since Ontario became the first province in Canada to regulate online gambling, legalizing what was previously a grey market,” Rasmus Sojmark, CEO & Founder of SBC, said. “Ontario’s regulation of online gambling has set the stage for the Canadian gaming industry’s growth and has already provided valuable insights that could be applicable to other provinces and territories in Canada.

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“There are no better candidates to educate the industry on the potential and the lessons learned than industry leaders representing some of the biggest players in the region and the regulatory bodies who hold registered operators to high standards of responsible gambling, player protection and game integrity. We’re excited to host some industry titans who will share their insights with the audience.”

There will be three conference stages running simultaneously at the Canadian Gaming Summit. The first stage will host the following tracks: ‘Leaders’ and ‘Land-based’ on June 14 and ‘Growth and Leadership’ on June 15. The second stage will host the ‘Sports Betting’ track on June 14 and the ‘Affiliates and Advertising’ track on June 15 while the third stage will focus on ‘iGaming’ on June 14 and ‘Payments & Compliance’ on June 15.

Visit the Canadian Gaming Summit website to access the conference agenda and purchase your tickets at the Early Bird discount of CA$795, a CA$200 saving from the regular full event ticket price. The Early bird deal expires on April 14, 2023. Operators and affiliates with an interest in the Canadian gambling market can register for free. To qualify, operators must fill in this form while affiliates need to fill in their information at the following link.

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Alcohol and Gaming Commission of Ontario (AGCO)

Soft2Bet strengthens integrity monitoring with IBIA membership in Ontario

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5 hours ago

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May 6, 2024

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Soft2Bet, a leading casino and sportsbook platform provider, has joined the International Betting Integrity Association (IBIA) and activated its membership in Ontario, Canada, following its licensing in the Canadian province.

Soft2bet obtained its Certificate of Registration from the Alcohol and Gaming Commission of Ontario (AGCO) at the end of March, where the company’s Ontario-focused brand Tooniebet.com will now feed into IBIA’s world-leading sports betting integrity monitoring platform before worldwide implementation in the coming months.

IBIA includes over 50 of the world’s leading sports betting and gaming companies, who operate over 125 sports betting brands. Soft2Bet’s decision to join the association further strengthens its own internal betting integrity protocols and IBIA’s position as the world’s leading sports betting integrity monitoring body.

David Yatom Hay, General Counsel at Soft2Bet, commented: “Soft2Bet is delighted to be joining the IBIA as we strengthen our own betting integrity monitoring processes and play our part in furthering the IBIA’s long-standing work on this key issue. Ontario is a world class iGaming jurisdiction; it will be the first market where we will implement our IBIA membership and we look forward to deploying the monitoring infrastructure worldwide in all the other markets in which we operate.”

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Khalid Ali, CEO of IBIA, said: “Soft2Bet is a very welcome addition to IBIA, further strengthening our position in the Ontario market. The operator’s decision to join IBIA demonstrates its desire to utilise the best integrity protection available for its sportsbook product. The association is delighted to be able to integrate Tooniebet within our integrity monitoring system and looks forward to working closely with Soft2Bet to maintain the high integrity of its sportsbook.”

IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators and for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.

Through the IBIA monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members generate more than $300bn in annual betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.

IBIA recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports betting of 92% in 2024 forecast to rise to 97% in2028. IBIA currently represents over 60% of the private sports betting operators licensed in the province. All online sportsbetting operators licensed in Ontario are required to be part of a betting integrity monitoring body.

IBIA’s Q1 2024 report detailed 56 alerts during the quarter. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023, an increase on the 15 sanctioned in 2022.

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British Columbia Lottery Corporation

SCCG Management Signs Contract with British Columbia Lottery Corporation

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1 week ago

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April 29, 2024

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SCCG Management has signed a contract with the British Columbia Lottery Corporation (BCLC), the B.C. Crown corporation which conducts and manages commercial gambling in the province, including lotteries, casinos, and online gaming. This partnership aims to undertake a comprehensive assessment and strategic enhancement of BCLC’s diverse operations.

The work between SCCG and BCLC will involve a thorough review of technological infrastructures, strategic market positioning, and the integration of various gaming modalities. SCCG’s extensive expertise will be pivotal in harmonizing BCLC’s online and physical gaming experiences.

Stephen Crystal, Founder and CEO of SCCG Management, said: “Our collaboration with BCLC represents a remarkable opportunity to push the boundaries of innovation within the gaming industry. We are committed to deploying our resources and expertise to enhance BCLC’s operational efficiencies and customer engagement strategies. It’s an honor to partner with an organization that has a robust impact on the community through its support of public initiatives.”

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AGCO

AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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2 weeks ago

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April 22, 2024

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The Alcohol and Gaming Commission of Ontario (AGCO) has mandated all Ontario-registered sportsbook operators to halt offering and accepting wagers on World Boxing Association (WBA) events immediately. This measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against match-fixing and insider betting.

Since December 2023, the AGCO has been conducting a comprehensive review of suspicious wagering activity on a WBA-sanctioned title fight between Yoenis Tellez and Livan Navarro that was held in Orlando, Florida. Suspicious betting patterns on the bout lasting over 5.5 rounds were reported to the AGCO by two registered independent integrity monitors and detected in Ontario by a registered igaming operator. Media reports also alleged that Tellez’s Manager placed $110,000 on the match lasting longer than 5.5 rounds at a Florida casino. The bout ended with Tellez knocking out Navarro in the 10th round.

Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.

The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have and enforce codes of conduct that prohibit betting by insiders.

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Registered gaming operators were unable to demonstrate to the AGCO that the WBA prohibits betting from insiders, which could include an athlete’s coaches, managers, handlers, athletic trainers, medical professionals, or others with access to non-public information. Further, registered gaming operators were unable to demonstrate that the WBA took any action to investigate or enforce the allegations of potential match-fixing and insider wagering.

The AGCO has indicated to registered operators that in order for WBA betting products to be reinstated in Ontario, operators must demonstrate that the WBA effectively supervises its events, thus bringing them into compliance with the Registrar’s Standards. In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards. Within a month, UFC amended its policies and implemented new protocols that allowed the AGCO to reinstate betting on UFC events in the province.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body. Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed,” Dr. Karin Schnarr, Registrar and CEO of AGCO, said.

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