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Gaming Realms Plc Pre-Close Trading Update and Board Changes

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Gaming Realms, the developer and licensor of mobile-focused gaming content, has announced a pre-close trading update for the full year to 31 December 2022 (FY22).

The company confirms that it expects to report FY22 revenue of £18.7 million and adjusted EBITDA of £7.7 million, up 27% and 36% respectively year-on-year. This strong performance was driven by the continued growth of the Group’s licensing business that, during FY22, launched in two new North American regulated iGaming markets, Connecticut and Ontario, and with 58 new partners internationally.

The Group’s expansion into further new markets during Q4 FY22 has continued into Q1 FY23.

The company expects to report its FY22 Preliminary Results during the week commencing 3 April 2023.

Q4 2022 Update

The company had a strong Q4, launching in multiple markets and with new partners. In October 2022, Gaming Realms launched in its 5th North American market in Connecticut, with DraftKings.

Also in Q4 2022, Gaming Realms launched games with 11 operators across its 5 markets in North America, including Caesars Sportsbook and 888 in New Jersey, Kindred in Pennsylvania, Four Winds in Michigan, and Ballys and Pointsbet in Ontario.

Increasing its European presence, Gaming Realms went live with 11 operators in Europe, including tier 1 operators Napoleon in Belgium, Snai in Italy, and Pokerstars in the UK.

Gaming Realms also repaid its outstanding loan to JPJ Group Holdings Limited (a wholly owned subsidiary of Bally’s Corporation), leaving the company debt free.

Board Changes

In light of the continued development and growth of the company, Gaming Realms has appointed Mark Segal as CEO, and Geoffrey (Geoff) Robert Green, aged 34, as CFO and a director of the company, both with immediate effect.

Previously Mark Segal was CFO and acting COO, and Geoff Green was finance director in support of the CFO, and they have been successfully working together for more than three years. Michael Buckley remains as Executive Chairman.

Michael Buckley, Executive Chairman of Gaming Realms, said: “The Company has delivered another strong, full-year performance with growth coming from both existing and new markets. This growth has been supported by the new partnerships signed with igaming operators as well as the extension of our Slingo catalogue, with the release of new Slingo formats during the period, which have proven to be very popular. We are seeing good momentum, and backed by an exciting commercial pipeline and new games, we are confident that we will achieve further progress in 2023.

“As stated above, the Company has repaid the outstanding loan from JPJ Group Holdings Limited. This was repaid from internal cash resources, which demonstrates the highly cash generative qualities of Gaming Realms, and leaves the company debt free.

“We are also delighted to announce that Mark and Geoff have been appointed CEO and CFO respectively. They have developed a strong working partnership in recent years whilst the business has achieved excellent growth. The Board is excited to be working with them in their new roles and supporting the Company’s ongoing commercial objectives.”

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Analysis flags World Cup 2026 stress test for Canada’s patchwork betting rules

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Canada’s provincial gambling model is likely to face a major stress test during the 2026 FIFA World Cup, according to new research published by CasinoCanada.com. The analysis argues the tournament will highlight uneven betting access and channelisation across provinces as Canada co-hosts the event.

The research draws on provincial regulatory reporting, iGaming Ontario’s annual figures and data from Blask’s 2025 iGaming Landscape Report. It says Ontario’s open market—described as having nearly 50 licensed operators—has reached an 83.7% channelisation rate, meaning most online bettors are using regulated platforms.

Outside Ontario, CasinoCanada.com estimates significantly higher offshore leakage, including 93% in Saskatchewan, 88% in Alberta and Manitoba, and about 49% retention in British Columbia despite the long-running PlayNow provincial platform. The report frames those gaps as a competitiveness issue for regulated offerings.

CasinoCanada.com also highlights timing risk in Alberta’s transition to a competitive market. The Alberta Gaming, Liquor and Cannabis (AGLC) registration deadline for operators is 13 July 2026—after the World Cup reaches the quarter-final stage—raising the likelihood that peak tournament betting volume continues to flow through unregulated operators, the report says.

Eugene Ravdin, Head of PR for CasinoCanada, said: “The 2026 World Cup is not just a commercial opportunity for the Canadian market – it’s a live stress test for how the country regulates gambling. Ontario has built something that works, and the numbers show it. However, for most Canadians outside that market, the tournament is going to arrive at a system that was never designed for this level of demand.

“The offshore leakage figures are not abstract. They represent real bettors choosing unregulated platforms because the regulated alternative isn’t competitive enough. The World Cup will make that gap very visible, very quickly.”

The post Analysis flags World Cup 2026 stress test for Canada’s patchwork betting rules appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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2026 FIFA World Cup

Canada’s Provincial Betting Divide Will Be Exposed During the 2026 World Cup, New Analysis Finds

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Canada’s fragmented provincial gambling system will face its biggest stress test during the 2026 FIFA World Cup, according to new research published by CasinoCanada.com, which finds stark disparities in how players across the country will be able to engage with the tournament.

The analysis draws on provincial regulatory reporting, iGaming Ontario’s annual figures and data from Blask’s 2025 iGaming Landscape Report to examine whether Canada’s betting infrastructure is ready for a tournament it is co-hosting.

The research highlights a sharp divide between Ontario and the rest of Canada. Ontario’s open, competitive market – home to nearly 50 licensed operators – has achieved a channelisation rate of 83.7%, meaning more than four in five Ontario bettors are choosing regulated platforms over unregulated alternatives.

Outside the province, the picture is notably different, with Saskatchewan carrying an estimated offshore leakage rate of 93%, Alberta and Manitoba sitting at 88%, and British Columbia – where a provincial platform has operated for years – retaining only around 49% of its online market.

CasinoCanada’s report also identifies a significant timing problem with Alberta’s competitive market. The AGLC’s registration deadline for operators falls on 13 July 2026, after the World Cup reaches the quarter-final stage. With Alberta’s significant offshore leakage rate, the analysis warns the province is likely to see record betting volumes flow through unregulated channels during the peak of the tournament.

Canada’s co-hosting status is expected to amplify betting appetite considerably. Data from the 2022 FIFA World Cup showed that 99% of bets placed on BCLC’s PlayNow platform backed Canada to advance from the group stage. With Canada co-hosting in 2026 and playing all three group-stage games on home soil, that appetite is expected to be significantly higher – arriving into a regulatory infrastructure that, outside Ontario, is not built to absorb it.

Eugene Ravdin, Head of PR for CasinoCanada, said: “The 2026 World Cup is not just a commercial opportunity for the Canadian market – it’s a live stress test for how the country regulates gambling. Ontario has built something that works, and the numbers show it. However, for most Canadians outside that market, the tournament is going to arrive at a system that was never designed for this level of demand.

“The offshore leakage figures are not abstract. They represent real bettors choosing unregulated platforms because the regulated alternative isn’t competitive enough. The World Cup will make that gap very visible, very quickly.”

The post Canada’s Provincial Betting Divide Will Be Exposed During the 2026 World Cup, New Analysis Finds appeared first on Americas iGaming & Sports Betting News.

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Playson expands North American reach with Mohegan Digital partnership

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Playson, the skilled digital entertainment provider, has entered a partnership agreement with Mohegan Digital to enhance its presence in the Ontario market, where it functions as PlayFallsview.com online casino.

The deal will allow Playson’s collection to be accessible to local players, with the expected launch in early Q2 2026. The collaboration enhances the supplier’s presence in North America by partnering with one of the area’s most well-known and thriving tribal gaming operators, Mohegan.

Play Fallsview is the digital hub for the stunning Fallsview Casino Resort in Niagara Falls, Ontario, CA, managed by Mohegan.

Participants on Play Fallsview will gain entry to a range of Playson’s successful titles, such as Coin Strike: Hold and Win, Diamonds Power XXL: Hold and Win, and 4 Pots Riches: Hold and Win. All of Playson’s games offer engaging mechanics, distinctive visuals, and established player retention.

Launching through Light & Wonder’s platform guarantees a smooth deployment and dependable content delivery to the regulated market.

Conor Jenner, Senior Sales Manager at Playson, said: “Fallsview is an iconic entertainment destination and a fantastic partner for us as we continue to grow our presence in Ontario.

“Launching through our long-term partners Light & Wonder allows us to deliver our most engaging titles efficiently and at scale. We’re excited to bring our popular content to Fallsview’s players and build a strong relationship together.”

Rich Roberts, President of Mohegan Digital, said: “Playson’s portfolio provides popular and in-demand additions to offerings on Play Fallsview.

“Through this collaboration, we look forward to impressive production value with gameplay that is sure to resonate with players. Playson is a premier supplier with experience in regulated markets that aligns seamlessly with our approach to digital growth in Ontario.”

The post Playson expands North American reach with Mohegan Digital partnership appeared first on Americas iGaming & Sports Betting News.

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