Canada
Gaming License Platform Provider Compliable Secures Seed Funding
Gaming license platform provider Compliable, formerly Rebric, has secured $1.7m seed funding in a round led by Chicago-based KB Partners, a venture firm investing in early-stage companies at the intersection of sports and technology.
Compliable offers US sportsbooks a solution that makes it easy to onboard and manage employees’ gaming licenses across multiple states. The platform cuts the time it takes to get staff licensed from weeks to days, lowers the workload for compliance teams, significantly reduces the costs related to licensing, and accelerates moving into new markets at a time when first mover advantage is so critical.
The Compliable platform allows employees to securely enter their information just once with the data then being auto-populated across multiple forms making it simple to apply for numerous jurisdictions.
Compliable has signed a deal with one of the largest sportsbooks in the US to facilitate the leading operator’s employee licensing process after already securing hundreds of licenses for the sportsbook during an initial trial. Under the agreement, Compliable will manage the licensing process for over 500 employees, helping to ensure the company is compliant across states where it operates.
Compliable, founded by seasoned entrepreneurs and backed by high-profile gaming industry figures, is currently in talks with several top tier sportsbooks with more deals to be announced soon.
Chris Oltyan, CEO of Compliable, said: “Every US state has different requirements when it comes to employee licensing, putting a huge strain on compliance teams and generating substantial costs for operators.
“After speaking to sportsbooks, their vendors, partners, and suppliers, we found that all of them were facing the same problem around employee licensing and were looking for the same solution. Our platform is the answer. Our technology helps sportsbooks quickly and effortlessly secure the licenses they need to be compliant.
David VanEgmond, founder and CEO of Bettor Capital, a fund focused on the US sports betting opportunity and investor in Compliable’s latest round, said: “Regulatory compliance is serious business in gaming and providing software to automate this saves companies in the industry significant time and money. I know the value of Compliable’s software personally as a previously licensed executive in the space, and was excited to invest in and support the company’s vision to become the ‘TurboTax’ for the online gaming space.”
Bally Bet Sportsbook & Casino app
Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario
Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, has launched the all-new Bally Bet Sportsbook & Casino app in Ontario, Canada. This latest release marks another significant milestone for the company, following the recent app update in New Jersey and a series of successful app launches in the past year, including the introduction of Bally Bet Sportsbook across multiple states and Bally Casino in Rhode Island.
The updated Bally Bet Sportsbook & Casino app represents a major step forward, as it combines the functionalities of the existing Bally Casino app and Bally Bet Sportsbook app into one comprehensive platform. Powered by White Hat Gaming, this new app allows players residing in or traveling to Ontario to conveniently place wagers on both sports and casino games using a single app, account, and universal wallet.
“We are thrilled to introduce the new Bally Bet Sportsbook & Casino app, marking a significant milestone for Bally’s. This integrated platform merges the features of our previous apps, providing players in Ontario with a seamless experience for both sports and casino betting. Our commitment to enhancing the player experience remains at the forefront as we strive to personalize the enjoyment of playing Bally Bet,” said Robeson Reeves, CEO of Bally’s Corporation.
BCLC
Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids
BCLC reminds adults to gift responsibly this holiday season
With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.
“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”
While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.
“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”
In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.
“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:
- Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
- Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
- Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
AGCO
Jackpot Digital Receives Approval from AGCO as a Registered Gaming Supplier
Jackpot Digital Inc., a leading provider of innovative dealerless electronic poker gaming solutions, has announced that the Alcohol and Gaming Commission of Ontario (AGCO) has approved the Company to be licensed as a registered Gaming Related-Supplier (the “Supplier License”) under the Gaming Control Act in the Province of Ontario.
This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America. The Supplier License authorizes Jackpot Digital to supply its electronic table games to Ontario’s gaming venues, including casinos and other regulated gaming facilities.
Jackpot Digital’s flagship product, the Jackpot Blitz electronic table game system, offers a modern, dealerless, player-friendly solution that integrates traditional multiplayer poker games with cutting-edge digital technology. The Supplier License will enable the Company to offer its innovative gaming solutions to operators throughout Ontario, driving new revenue opportunities and enhancing player experiences.
“Receiving AGCO’s approval is a major milestone. This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences,” said Jake Kalpakian, CEO of Jackpot Digital.
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