Canada
Canadian Gaming Summit Gets a New Addition with SBC First Pitch Competition for Startups
SBC is thrilled to announce the inclusion of SBC First Pitch in the 26th edition of the Canadian Gaming Summit, scheduled to take place from June 13-15 at the Metro Toronto Convention Center.
This startup competition for sports betting and iGaming firms has been successfully conducted at SBC Summit North America in New Jersey and the global flagship SBC Summit Barcelona event. With SBC now managing the Canadian Gaming Summit, the First Pitch competition will be a vital component of the Growth and Leadership track on the second full day of the event (June 15).
The inclusion of SBC First Pitch in this prestigious summit underscores SBC’s commitment to supporting the brightest entrepreneurs and most innovative startups in the sports betting and iGaming space.
The SBC First Pitch application period is officially open and will remain so until April 30th. A panel of esteemed judges will meticulously evaluate each submission to assess their alignment with the application criteria, and ultimately select the five most promising startups with the strongest pitch decks.
The selected companies will receive the opportunity to present their groundbreaking products in front of industry leaders and investors, as well as compete for a chance to secure an exclusive prize package already valued at CA$30,000, designed to support their future development and growth plans.
The competition will be judged by a group of highly respected professionals, including Benjie Cherniak (Principal at Avenue H Capital, LLC), a distinguished investor and advisor in the sports betting industry, and Dani Lipkin (Managing Director of Global Innovation Sector TMX Group), an expert in guiding private companies and their shareholders through the process of raising equity capital in Canada. Before the application deadline expires, SBC will be including additional judges to the list.
The winner of the competition will receive an exceptional package, already valued at $30,000, which will be further enriched by the time of the event. The prize package includes:
- A six-month subscription to Eilers & Krejcik Gaming’s Sports & Emerging Verticals, a boutique research firm that specializes in providing comprehensive services to the gaming equipment, sports, and interactive gaming sectors within the global gaming industry. This subscription alone is worth $25,000.
- An exclusive brand or web design package, valued at $2,800, from Vegas Kings, the premier iGaming design and development agency that has been trusted by leading brands such as Ladbrokes, Betfred, Spinomenal, BetConstruct, and more.
- A comprehensive promotional package from SBC Media, including six months of advertising on either SBC Americas or Canadian Gaming Business, newsletter advertising, as well as two featured editorials promoting the winning business. This package alone is valued at $12,000.
Sue Schneider, VP of Growth and Strategy at SBC, said, “One of our previous winners, Parleh Media Group, is a Canada-based company, and the country itself is a well-established tech hub and a centre for global investment. So, this inaugural edition is sure to attract exciting entries, and we can’t wait to see what innovative products and ideas the Canadian startup scene has in store.
“It’s SBC’s first involvement in the Canadian Gaming Summit as an organizer, and adding the First Pitch competition to the event schedule was a no-brainer. We are committed to supporting young companies in their growth journey by providing them with a platform to showcase their breakthrough products and innovations – and the First Pitch competition is one of our most powerful cards in doing just that.”
The start-ups that apply have to fulfil certain eligibility criteria:
- Must have been founded no earlier than 2020
- Must be focused on the sports betting and iGaming industry
- Must have raised no more than CA$5 million on outside financing
- Must have an MVP product to discuss and showcase
- Must be seeking investment of a minimum of CA$250,000
- Have at least one representative from the company present at the competition on June 15
Canada
ComeOn Group adds sportsbook to its offering in Ontario
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
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.
Canada
Relax Gaming joins forces with PointsBet to strengthen footprint in Ontario
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.
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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