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European Gaming Congress 2024

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XCAD Network Receives Series A Funding via Strategic Partnership with Jump Crypto

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XCAD Network, the content creator tokenization platform that has YouTubers with a combined following of over 100 million, is pleased to announce they have completed Series A funding from one of Wall Street’s major digital asset players, Jump Crypto.

As well as investing, Jump Crypto will be helping to build XCAD into a top asset in the space, via exchanges, partnerships, further liquidity and more.

Who is Jump Crypto?
Jump Crypto, headquartered in Chicago, with offices worldwide and 800+ employees, is a global trading firm, active in futures, options and equities markets. Jump Crypto has made similar investments to the one announced today, in many notable projects, such as Chiliz ($CHZ) and Solana ($SOL). They are one of the biggest liquidity providers in the world for the cryptocurrency market.

Jump has emerged as a key player in cryptocurrency space, since the birth of six-year-old digital asset division, Jump Crypto. They offer liquidity to markets, act as a market maker and execute trades for Robinhood Markets Inc.’s customers, as well as other large T1 exchanges in the cryptocurrency space, to which they are heavily connected with.

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The Partnership & Investment
Jump Crypto will be adding liquidity to XCAD on current and upcoming exchanges. Extra liquidity enables bigger trades to be placed, both buys and sells, without having as much price impact. This will make XCAD a much more attractive asset to participants in digital assets. Furthermore, Jump will be providing liquidity for XCAD’s fan tokens on any centralised exchanges they may be listed on. Fan tokens can only be listed on exchanges with XCAD Network’s approval via an exchange partnership.

Jump will be focused on expanding XCAD to new audiences within the cryptocurrency space via their strong network of Tier 1 exchanges & partners. The undisclosed investment will provide XCAD with the additional funding to scale and grow. Thanks to this investment, XCAD’s expansion plans have now been expedited, and will be able to scale at a faster pace.

Oliver Bell, CEO and Co-Founder at XCAD Network, said:

“We have the biggest names in YouTube as part of our network and now one of the biggest names in the investment world. We’re very excited to have this backing from Jump Crypto and believe they will help to shape us into a major player in the crypto space. What they have been able to achieve with other projects is incredible. Hopefully now people will start to see the direction we are heading with XCAD, and we look forward to sharing more important partners with the community soon.”

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Canada

Relax Gaming joins forces with PointsBet to strengthen footprint in Ontario

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Relax Gaming, the iGaming aggregator and supplier of unique content, has significantly enhanced its presence in the Ontario market through an agreement with leading Canadian operator, PointsBet.

This partnership reinforces Relax Gaming’s aim to become a standout provider across North America, having already gained early success in Ontario. Relax became one of the first suppliers to deliver content to the region’s players in March 2022, debuting with over 120 games across multiple operators.

PointsBet pride themselves as one of Canada’s leading operators offering unmatched speed, ease of use, and a comprehensive array of pre-game and in-play sports betting options. This is complemented by a top-tier online casino which will now be boosted with the integration of Relax’s portfolio of slots and live dealer options.

With its authentic Canadian approach, PointsBet prioritises technology that minimises external dependencies to maintain control over its platform and has a commitment to responsible gambling best practices, ensuring a safe and secure environment for all players.

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Martin Stålros, CEO at Relax Gaming, said: “Since we launched in Ontario we have enjoyed tremendous success, with our content hitting the sweet spot for the broad range of players in the Canadian province. This partnership with PointsBet will strengthen our presence in the market as the region’s leading operator integrates our rich content portfolio which will engage its player base.”

Scott Vanderwel, Chief Executive Officer at PointsBet, added: “Relax Gaming has established a strong reputation across North America and in Ontario in particular. The impressive range of content that will be integrated into our platform will increase engagement within our online platform and we are delighted to be able to provide more immersive experiences to our audiences.”

Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.

Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.

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Canada

Jackpot Digital Receives Approval from the Saskatchewan Liquor and Gaming Authority

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Jackpot Digital, a leading manufacturer of electronic multiplayer dealerless poker tables, has announced that it has received approval from the Saskatchewan Liquor and Gaming Authority (SLGA) to act as a registered supplier of gaming supplies and services to regulated casinos in the Canadian province of Saskatchewan.

The approval follows the Company’s news release dated February 6, 2024, announcing the signing of a licensing agreement with the Saskatchewan Indian Gaming Authority (SIGA) to install the Company’s Jackpot Blitz dealerless poker ETGs into SIGA casinos.

SIGA operates seven casinos and Playnow.com in Saskatchewan. At the outset, SIGA proposes to install Jackpot Blitz machines at its Dakota Dunes and Gold Horse Casino properties, located in Saskatoon and Lloydminster, respectively.

Jackpot CEO Jake Kalpakian said: “We are excited to receive approval as a gaming equipment supplier in Saskatchewan. This represents the first major jurisdictional, non-tribal license received by Jackpot during our continuing expansion into the land-based casino market. We have many more license applications underway in the US and other Canadian provinces, which will dramatically impact our ability to accelerate the rollout of Jackpot Blitz across North America.”

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Calgary Sports and Entertainment Corporation

Play Alberta, CSEC Extend Partnership

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Teams under the Calgary Sports and Entertainment Corporation (CSEC) banner have expanded their long-term partnership with Play Alberta, the province’s premier iGaming destination. As part of the agreement, the Flames will feature AGLC’s responsible gambling program, GameSense, on their home helmets and a Play Alberta insignia displayed on their home jerseys. The Stampeders, Wranglers, and Roughnecks will integrate the Play Alberta logo onto their uniforms.

“There’s significant importance now to showcase meaningful responsible gambling efforts in the iGaming industry. I’m proud of our initiatives to provide GameSense with such a visible platform. GameSense promotes healthy gambling habits online and in person and including AGLC’s responsible gambling platform over the course of this partnership is a huge accomplishment,” Kandice Machado, Chief Executive Officer at AGLC.

The agreement makes Play Alberta the exclusive sports betting and online gaming partner of the Flames, Wranglers, Stampeders, and Roughnecks. Through the partnership, Play Alberta and CSEC will develop unique partnerships and in-arena giveaways during the season.

“Through GameSense, our partnership with Play Alberta equips our fans with the knowledge required if they wish to participate in gaming while they support their home team. We are both proud and excited to extend our relationship with Play Alberta that makes cheering for our teams that much more fun while also generating revenue to support the quality of life for Albertans,” said CSEC President and CEO Robert Hayes.

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Alberta is the first jurisdiction in North America to partner with professional sports franchises and integrate PlayAlberta.ca and social responsibility branding onto uniforms. It upholds AGLC’s commitment to responsible play, raising awareness of GameSense and Self-Exclusion, resources that give bettors the tools they need to make healthy gambling choices.

In addition, proceeds generated through the website go toward the province’s General Revenue Fund. In 2023–24, $235 million was generated for programs and services that Albertans rely on every day through Play Alberta, an increase of more than $42 million from the previous year.

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