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Stake.com welcomes Pietro and Enzo Fittipaldi as Brazilian F1 and F2 representatives

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Global cryptocurrency betting and gaming operator announces partnership with Fittipaldi Brothers for 2022 season

Stake.com, one of the world’s fastest-growing cryptocurrency betting and gaming operators, today announces a new partnership with Pietro Fittipaldi ahead of the F1 season starting this weekend. Pietro, the Haas F1 Team driver and Enzo, the Charouz F2 Racing team driver become Stake.com’s Brazilian representatives for the 2022 renewal, joining the brand’s elite roster of athletes and clubs from across world sport.

One of the most talented young drivers on the circuit, and the grandson of two-time F1 world champion Emerson Fittipaldi, Pietro made his F1 debut in 2020 deputising for the injured Romain Grosjean. Last season the Brazilian combined his role as Haas F1 Team reserve with a successful spell in the 2021 IndyCar Series, competing in both Texas and the world-famous Indy500.

Fittipaldi will work with Stake.com to provide F1 fans with unique analysis of each race, share unrivalled paddock insight via a monthly Twitch stream and take fans behind the scenes throughout the championship with exclusive content across Stake.com’s social channels.

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Strengthening their association with one of the most famous families in motorsport, Stake.com will also be working with Pietro’s brother, F2 driver Enzo Fittipaldi, during the 2022 championship. The pair will be co-creating content and hosting regular Twitch streams, offering their unique insight into F1 as all the action unfolds both on and off the track.

The partnership with Pietro Fittipaldi marks Stake.com’s first in F1 and further extends the brand’s sport sponsorship portfolio, which includes global football icon Sergio Aguero, UFC superstars Francis Ngannou and Israel Adesanya and a club-record partnership with Watford FC as shirt sponsors for the 2021/22 season.

Speaking of the partnership, Pietro Fittipaldi said: “It’s a real honour for me to be joining Stake.com’s team of sport stars and becoming their first F1 representative. I can’t wait for lights out in Bahrain this weekend. We will be taking the fans behind the scenes and sharing my racing experiences as we all gear up for another epic season of F1.”

Enzo Fittipaldi added: “Working with Stake.com is an amazing opportunity for my brother and I to share our passion for motorsport with our fans. We’re just as competitive off the track as we are on it so look out for lots of fun content from us, especially on Twitch, as we celebrate the best of F1 and F2 over the course of the season.”

Dominic Rae, Sponsorships Manager, Stake.com, said: “We’re delighted to welcome Pietro and Enzo Fittipaldi to the Stake.com team. They are two of the most exciting young drivers around and come from a family steeped in F1 history. We look forward to working with them on a range of content initiatives over the coming months to bring all the drama of this season’s championship to life for F1 fans in Brazil and beyond.”

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AGCO Removes Cap on Seller Commission for Charitable Lottery Products

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The Alcohol and Gaming Commission of Ontario (AGCO) has updated several lottery policies to remove the cap on seller commission for Paper Raffles and Media Bingo, along with removing the prohibition on Catch the Ace paper lotteries, to align with other charitable lottery products.

Licensed charities may now negotiate commissions directly with sellers and determine commissions, provided they are reasonable and tied to the cost of service provided by the seller.

These updates further the AGCO’s commitment to adopt an outcomes-based regulatory approach and reduce burden for the charitable gaming sector. Local charitable organizations will have greater flexibility to make decisions that best serve their fundraising objectives.

Important Reminders

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• Charities must still receive approval for other expenses incurred under their licence and retain receipts for seller commission paid.

• Licensing authorities will not require documentation to be submitted as part of the application process, however, charities are still subject to audit to determine compliance.

• Charities are reminded of their legal requirement to meet their obligations under the Criminal Code and with respect to conducting and managing a charitable gaming scheme.

• As with all licensed charitable lottery events, charities must take the necessary steps to ensure that they are conducting and managing the lottery event within Ontario.

For charitable gaming-related inquiries, email an AGCO Eligibility Officer at [email protected] or call AGCO Customer Service at 1-800-522-2876, Monday to Friday from 8:30 a.m. to 5 p.m.

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The post AGCO Removes Cap on Seller Commission for Charitable Lottery Products appeared first on Gaming and Gambling Industry in the Americas.

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Alon Segev

Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation

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Leading business, technology, finance, and gaming law firm, Segev LLP, is proud to announce its 10th anniversary. Over the past decade, Segev has evolved from a bold idea into a multi-jurisdictional firm serving clients across Canada, the U.S., and beyond.

Built for innovation-driven industries, the firm is widely recognized for its work with companies at the forefront of gaming, crypto, technology, and emerging sectors. “Our 10-year anniversary is a defining moment,” said Founding Partner, Ron Segev. “It’s a testament to the strength of our team and our culture of teamwork, self-improvement, and growthall of which is directed at scoring wins for our great clients.”

As industries like fintech, crypto, iGaming, and AI have matured, so has the firm, often in parallel with its clients. “We’ve all grown together with our clients from one success to the next, whether it be helping clients complete financings or helping them close business,” said Managing Partner Alon Segev. “I look forward to continued growth for us and our clients in the next 10 years!”

The firm’s client-first approach has consistently earned recognition from top legal ranking guides. Segev LLP is ranked by Chambers and Partners as a “Leading Firm” and “Band-1” in Canada for Gaming Law and are also recommended by The Legal 500 and Lexology. These rankings reflect the team’s ability to deliver strategic, high-quality legal solutions that align with their clients’ business goals.

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Recognized for their unique ability to exceed expectations and deliver out-of-the-box solutions, Segev LLP’s clients have affirmed: “The firm demonstrates its capability not only to understand complex matters, but also to offer solutions that are practical, pragmatic, and value-adding.”

“Segev possesses outstanding resources and maintains global partnerships, enabling it to deliver precise and informed responses to any queries related to the iGaming industry.”

“Epic service, very good, I won the case!”

“Great service, friendly atmosphere, and support.”

Several Segev team members also reflected on the milestone: “There was a moment early in my time here when I realized I wasn’t just being brought in to help; I was expected to contribute, take initiative, and run with big ideas. That stuck with me,” said Negin Alavi.

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“Together with our clients, [Segev] has experienced remarkable growth over the past decade. I’m honored to have contributed to this journey and to celebrate these shared successes,” said David McHugh.

Segev has cultivated a thriving law practice on the principle that challenges are to be embraced as opportunities. The approach has enabled us to grow as lawyers, but more importantly, it has enabled us to ensure the success of our clients,” said Mark Balestra.

“Since joining through Segev’s Ontario expansion, I’ve had the chance to work alongside some of the sharpest and most collaborative lawyers in the gaming space,” added Manav Bhargava. “As a full-service firm and industry leader, Segev stands out for its ability to support innovative businesses with practical, forward-thinking legal advice.”

Segev LLP will commemorate the anniversary with a series of internal and external initiatives throughout the remainder of the year.

The post Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation appeared first on Gaming and Gambling Industry in the Americas.

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INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE

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Incentive Games, a leading B2B games provider, is proud to announce that it has been awarded an Ontario Gaming License by the Alcohol and Gaming Commission of Ontario (AGCO), effective today. This achievement enables the company to offer its portfolio of real-money games to licensed operators and players across the province.

The license underscores the Incentive Games’ commitment to meeting the highest standards of compliance, security, and operational excellence. The rigorous application process demands robust security protocols and comprehensive responsible gaming measures and affirms the company’s readiness to enter one of Canada’s most dynamic iGaming markets.

The North American market is a strategic focus for Incentive Games, and this milestone follows closely on the heels of the company receiving its Provisional Michigan gaming licence from the Michigan Gaming Control Board earlier this month.

Incentive Games will distribute its real-money gaming content in Ontario through Incentive Studios, the company’s dedicated Real-Money Gaming division, ensuring a focused and tailored approach to the market.

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“Ontario represents a huge opportunity for us, and securing this license is a proud moment for the whole team,” said John Gordon, Chief Executive Officer at Incentive Games. “It reinforces our dedication to meeting the highest standards while delivering compelling real-money content. We’re looking forward to building strong relationships in the region and continuing our momentum across regulated markets worldwide.”

The post INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE appeared first on Gaming and Gambling Industry in the Americas.

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