BCLC
Video Gaming and Day Trading Speakers Available to chat with Media at BCLC’s New Horizons in Responsible Gambling
Video games and Esports – is it Gambling?
Dr. Brett Abarbanel, Director of Research at the International Gaming Institute at University of Nevada, Las Vegas
From social casino games to Esports to virtual reality and in-game payments, many familiar activities blend the two concepts of gambling and gaming.
Loot boxes, for instance: are they harmless video game fun, or offering gambling to minors? A worldwide regulatory debate is underway assessing the permissibility of video-game loot boxes; as recently as November, 2020, a class action lawsuit was filed in the Supreme Court of British Columbia, which will look at the question of whether loot boxes constitute a form of gambling in this jurisdiction.
As part of the BCLC’s Ninth Annual New Horizons in Responsible Gambling Conference, Dr. Brett Abarbanel, Director of Research at the International Gaming Institute at University of Nevada, Las Vegas, will look at the definition of gambling: there are so many examples in the gambling and gaming space where the idea of gambling is present – but is it truly gambling and if so/if not, does that matter to those who play, industry and regulators?
Dr. Abarbanel is available for media interviews leading up to and during New Horizons. Please let me know if you’d like to set up an interview with her.
The Rise of Pandemic Day Trading; Is a Tsunami of Day Trading Risk Ahead?
Dr. Sharon Collard, University of Bristol
The pandemic has had countless impacts on our daily lives and for some this change has translated into more time and money spent on “self-directed investing,” also known as day trading. Is there awareness of the level of financial risk involved in day trading, and the similarities between the addictive behaviours of problem gambling and those that can arise with excessive day-trading?
Trading and investment service providers, such as TD Ameritrade, have reported that “2020 brought an unprecedented influx of retail investors,” with record-setting numbers of new accounts created.
Other events, such as the January GameStop price volatility and the online trading platform Robinhood, as well as other short-squeeze campaigns, reveal an increased level of influence in online investor communities.
As part of the BCLC’s Ninth Annual New Horizons in Responsible Gambling Conference, Dr. Sharon Collard, Research Director at the Personal Finance Research Centre, University of Bristol, will examine the overlap between gambling and day trading, and impacts on individual-level financial risk at a session titled: Retail “Investing” – Is a Tsunami of Day Trading Risk Coming?
Dr. Collard is available for media interviews before and during the conference, please let me know if you’d like to set one up.
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
BCLC
BCLC Partners with CFL as Official Sports Betting Partner in British Columbia
The Canadian Football League (CFL) and British Columbia Lottery Corporation (BCLC) have partnered to make BCLC’s online sportsbook – PlayNow Sports – the official sports betting partner of the 111th Grey Cup. BCLC, the only legal gaming operator in the province, is the newest Authorized Gaming Operator to partner with the league. The partnership builds upon BCLC’s commitment to football in the province – as both a longstanding supporter of the BC Lions and as an enthusiastic proponent of bringing the Grey Cup to Vancouver.
“BCLC is immensely proud to have PlayNow Sports as the official sports betting partner for the 111th Grey Cup. As a social-purpose company, BCLC works every day to generate win-wins for the greater good and serve in the best interests of the communities we call home. We’re thrilled to help bring together BC Lions and CFL fans from across the country in the spirit of celebration and community at this year’s Grey Cup Festival,” said Dan Beebe, BCLC’s Chief Operations Officer.
In celebration of Canada’s largest single-day sporting event returning to B.C. for the first time since 2014, the CFL and BCLC are holding a special contest for fans in B.C., Saskatchewan and Manitoba. The Grand Prize consists of two tickets to the championship game, two Grey Cup Festival passes, travel, accommodation, $500 in PlayNow Sports free bets and more.
“Responsible sports wagering, and the entertainment it provides, is an important part of the future of CFL fandom. Our work with BCLC allows fans to deepen their connection to the league, but more importantly, it strengthens our efforts to support British Columbians and the community through the valued programs and services they rely on every day,” said Tyler Keenan, the CFL’s Chief Revenue Officer.
The CFL’s province-specific Authorized Gaming Operator program works with partners to authenticate and regulate the league’s sports betting landscape. In 2023, the league complemented its existing wagering policies and by-laws with an enhanced Match Manipulation Policy. It is highlighted by an annual education component for all full- and part-time CFL personnel, including players, regarding their individual roles and responsibilities in supporting the league’s high standards for integrity and responsible gaming practices. All CFL personnel are strictly prohibited from wagering on league activities.
AI
British Columbia Lottery Corporation and Future Anthem partner to establish Artificial Intelligence and Data Innovation Hub in Vancouver
Partnership will create dedicated specialist team to develop and deploy AI to improve player experiences across gaming products and channels.
BCLC has partnered with Future Anthem, a UK-based gambling data science specialist, on the creation of an Artificial Intelligence (AI) and Data Innovation Hub (the “Hub”), to be located at BCLC’s Vancouver office.
The Hub will focus on the development of AI, data capabilities and programs designed to improve the player experience across all BCLC gambling platforms, including lottery, gaming, and sports. It will employ a team of data and product professionals, with access to Future Anthem’s Data Science platform.
“BCLC is excited to be partnering with Future Anthem to create the first AI innovation hub in B.C. focused on the gambling industry,” says Mark Goldberg, BCLC’s Chief Information Officer. “We know that the key components of the Hub will be its data driven research and software product development to support player engagement and experience, safer play and improved game design – core BCLC business areas.”
Managed in partnership through a joint Steering Committee that includes senior representatives from both BCLC and Future Anthem, the Hub will create and cultivate highly specialized, Vancouver-based AI technology jobs utilising Future Anthem’s strong experience in building teams focused on AI research and development, complemented by a small team of BCLC employees with skills and experience in this area.
“This dynamic partnership combines our expertise, reach, and technologies and allows us to harness AI for good – to bring true and measurable benefits to players in a responsible, sustainable, and enjoyable manner,” says Leigh Nissim, CEO and Founder of Future Anthem. “With access to more data across all verticals and channels to build amazing machine learning models and AI applications, I am confident this collaboration will quickly deliver benefits to BCLC and its players to reinforce its lead position within lotteries globally.”
As well as recruiting the team in Vancouver, Future Anthem will deploy its market-leading real time AI platform locally to employ best practices for AI product development and governance within the Hub, which includes protocols to ensure transparency of AI use, data security, and management of AI models and their player impact. These models are designed to use anonymised data that is stored in Canada.
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