Canada
The Philippine Amusement and Gaming Corporation (PAGCOR) would like to thank the Senate of the Philippines for the opportunity to clarify matters related to the country’s offshore gaming license operations.
In line with this, PAGCOR would like to correct the misinformation that arose from Senate Hearing on January 23, 2023:
On alleged kidnapping activities
There have been no reported criminal activities or kidnapping-related incidents of workers in the offshore licensing industry for over three months. This came as a result of the inter-agency cooperation meeting held last September 2022 involving PAGCOR, the Philippine National Police (PNP), National Bureau of Investigation, Department of Justice (DOJ), and Department of Interior and Local Government to combat illegal gaming operations, including offshore gaming.
Likewise, partnerships with the National Intelligence Coordinating Agency, the Bureau of Immigration and the Anti-Money Laundering Council were strengthened to forestall any illegal activities and labor practices related to offshore gaming operations in the country.
PAGCOR has been closely monitoring the cases involving MOA Cloudzone Corp. and Brickhartz Technology Inc. While the former’s case was dismissed by the DOJ on November 5, 2022, the case involving Brickhartz Technology Inc. is still under investigation. We are coordinating with the PNP and other agencies regarding this matter.
PAGCOR wishes to reiterate that it does not take these reports lightly and it will ensure that all gaming licensees abide by the law.
PAGCOR reassures the public that it is conscientiously looking into the matter and will take the necessary actions, including the cancellation of licenses and service provider accreditations, if found warranted.
On the offshore licensees’ third-party auditor (Global ComRCI)
PAGCOR’s third-party auditor for offshore licensees – Global ComRCI – was awarded the contract in December 2017. The service provider went through proper bidding process and met all the legal requirements under the Procurement law.
With the assumption of the new leadership of PAGCOR, the contract of Global ComRCI was put under review last September 2022. We assure the Senators that the review will soon be finished and released at the proper time.
We have been in contact with Global ComRCI and are currently assessing the contract’s terms and conditions and the company’s performance.
The offshore gaming industry has only been in existence in the Philippines under PAGCOR over the last five years. Aside from the taxes to the national and local governments, it currently employs an estimated 25,000 Filipinos and contributes billions of pesos to the local economy thru real estate activities, consumption and indirect employment. It is PAGCOR’s aim to nurture this industry as it believes it has much more to contribute to the Philippine economy and nation building.
Powered by WPeMatico
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
IAGR announces Toronto as host city for 2025 conference
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
-
Asia6 days ago
Making Indian Presence Felt: Natural8 India gears up to take a contingent of nine winners of its latest India Exclusive to Asian Poker Tour (APT) Phu Quoc!
-
Latest News6 days ago
HIPTHER’s Upcoming Marathon of Free Virtual Meetups: Join Us for a Week of Insightful Discussions on Safer Gambling and Industry Trends
-
Australia5 days ago
AUSTRAC and Pacific Financial Intelligence Units Gather in Brisbane to Tackle Financial Crime in the Region
-
Asia5 days ago
PBBM Orders Immediate Ban Against All PH POGO Operations
-
Asia6 days ago
Hong Kong Construction Titan Turned Macau Casino Boss Lui Che-Woo Dies Aged 95
-
Balkans4 days ago
EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers
-
Bragg4 days ago
Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)
-
Betxico5 days ago
Vibra Solutions becomes Betxico platform partner in Mexico