Canada
Exclusive Q&A with Alessandro Sposito, Head of Business Development at ESA Gaming
With Colombia’s regulatory framework widely being heralded as a success, does it allow for greater appetite for innovation within the jurisdiction?
There is absolutely greater appetite for innovation, and we see that with new products being certified all the time. At the same time you can only keep pace with the consumer, especially from a technological standpoint, so it is important to respect their wishes and understand how best to provide a product and an experience that suits their needs.
It is fruitless developing products which are not needed or desired, so it is vital to devise solutions which will add value to a player’s experience. This is encouraged through regulations which clearly work, so Colombia is becoming a hotbed for innovative titles.
LatAm is home to a number of exciting, emerging markets. Do any of these have the potential to be the next big hub in iGaming?
The whole of LatAm is monitoring Colombia and its progress through regulation and its success is a huge stimulus for other countries within the region. Many more opportunities are on the horizon as nations try to follow the example of Colombia. This combined with the lure of taxation and regulation will lead to a natural evolution of the online gaming markets. With such a large, and sports mad, populace, the entire region is very enticing for all.
As with any new emerging market they get to play catch up a bit, but they can also learn so much from more established markets meaning their evolution can be that much faster.
If the countries continue to regulate with success, the entire region could become a focal point for the exciting next phase of iGaming.
How have your products been received in Latin American jurisdictions so far, and what is on the horizon for ESA Gaming in the region?
Together with partners in LatAm we have launched poker with Betplay and it is our ambition to become a leading poker network in Colombia. This obviously relies on shared liquidity within the country, and this again is something we are confident will happen in the very near future. We will also be launching our EasySwipe portfolio in the region with lightweight HTML5 mobile-first games that integrates seamlessly into sportsbooks, allowing users to enjoy the best quality casino games without disrupting the sports betting experience.
Looking further into the future, we want to continue to grow our presence across our entire product range with operators in all of LatAm’s regulated markets.
Will the appetite for niche products, such as esports and virtuals, continue to grow within emerging markets even when sporting events return?
It is inevitable that some will return to what they know and love. While some will strictly focus on sports betting, others have discovered that they enjoy new products, such as esports or virtuals, and will expand their appetites across sports and these newer experiences.
The lack of sport gave a spotlight to these niche verticals, and while they may not now dominate public conscience, the growth afforded will allow for more innovations and a greater level of growth than previously seen for these products that are usually sidelined.
Coljuegos is considering allowing poker liquidity between licenced operators, how important is this for the vertical to truly thrive?
Allowing poker liquidity is fundamental to ensure a level playing field for operators of varying sizes and to ensure poker can really thrive from a player perspective.
If liquidity increases, it will attract more players which will have greater choice, operators will increase revenue, and suppliers will have the perfect proving ground for exciting poker products with a receptive audience.
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The award-winning game studio will deliver titles to players in the UK, Canada and Latin America
Playson, the accomplished digital entertainment supplier, has forged a major global content deal with Light & Wonder to significantly enhance the reach of its extensive games portfolio.
This landmark agreement will enable Light & Wonder’s expansive operator network across the UK, Canada, and Latin America to gain access to Playson’s engaging offering.
UK-based operator Dazzletag Entertainment Ltd was the first to go live with the studio’s creative releases last month, with SUPERCHARGED CLOVERS: HOLD AND WIN and 3 POTS RICHES: HOLD AND WIN launched across its online casino brands.
Light & Wonder’s content marketplace is utilised by some of the biggest operator brands from across the globe, providing them with access to more than 3,500 games from a host of third-party studios to allow them to build personalised, mobile-ready player experiences and stay ahead of regulatory changes.
The partnership signifies the strength of Playson’s reputation as a respected and highly sought-after provider to operators globally, as the rising demand for its games looks set to take the studio to new heights for 2025.
Blanka Homor, Sales Director at Playson, said: “Our deal with Light & Wonder is a major milestone in our strategic roadmap, as we embark on the next chapter of our global growth. This agreement expands our reach and allows us to deliver our appealing titles to new operators and players.
“The launch of our titles across Dazzletag’s two brands is a great start, and we are confident this relationship will further elevate our presence in the ever-evolving online casino space.”
Steve Mayes, Senior Director of Partnerships at Light & Wonder, said: “We are delighted to be working with such a highly respected digital entertainment provider and deliver their portfolio to our network. This strengthens our commitment to offering operators the best game releases available.
“We look forward to other successful launches in 2025, as we continue to support our operators with diverse content.”
The post Playson signs agreement with Light & Wonder in global distribution deal appeared first on European Gaming Industry News.
NorthStar Gaming Holdings Inc. announced that the company has, subject to final approval of the TSX Venture Exchange, entered into a credit agreement (the “Credit Agreement”) in respect of a senior secured first lien term loan facility providing for loans in an aggregate principal amount of up to $43.4 million CAD (being the approximate equivalent of $30,000,000 USD) (the “Credit Facility”) to be made available by Beach Point Capital Management LP (“Beach Point”). Playtech plc (“Playtech”) and certain Playtech subsidiaries have agreed to provide credit support for certain obligations under the Credit Facility. The Credit Facility represents a significant milestone for NorthStar, strengthening its balance sheet and enabling the Company to continue to accelerate its growth initiatives.
“This is a pivotal moment for NorthStar, marking the largest financing in our history. This Credit Facility strengthens our balance sheet and directly supports our ability to scale operations and drive the business towards profitability with a single-minded focus. We are grateful to Beach Point Capital Management for their trust in our strategy and vision. We are also thankful for Playtech’s steadfast partnership which was instrumental in securing this funding, reinforcing their value both strategically and as a technology provider,” said Michael Moskowitz, Chair and CEO of NorthStar.
“Beach Point has deep experience investing across the gaming sector and is excited to partner with NorthStar to support their strategic initiatives. The online gaming sector has been growing rapidly, and this investment reflects our confidence in the Company’s leadership, market potential, and ability to deliver long-term sustainable growth. Likewise, we value the partnership with Playtech, who are contributing their leading technology, global reach, and strategic vision towards NorthStar’s continued success,” said Gabriel Fineberg, Managing Director at Beach Point.
The purpose of the Credit Facility is to support NorthStar’s continued growth by significantly strengthening the Company’s balance sheet. The Company will use the proceeds of loans made pursuant to the Credit Facility: (i) to repay the aggregate $9.5 million CAD principal amount (plus accrued interest) loaned to the Company by Playtech pursuant to unsecured, interest-bearing promissory notes dated April 25, 2024, September 13, 2024 and December 16, 2024; (ii) to fund an interest reserve account in respect of the Credit Facility in an amount equal to $7,000,000 CAD; (iii) for working capital and general corporate purposes; and (iv) to pay transaction costs in connection with the Credit Facility.
The post NorthStar Gaming Announces $43.4 Million Long-Term Debt Financing appeared first on Gaming and Gambling Industry in the Americas.
Blanka Homor Sales Director at Playson
Playson strengthens Canadian footprint with Titanplay partnership
Playson, the established digital entertainment supplier, has secured its latest partnership in Canada after launching its games portfolio with rising iGaming operator Titanplay.
After obtaining its Ontario licence and going live in June earlier last year, Titanplay has made impressive strides in a short space of time with its online casino offering resonating with players across the province.
The agreement sees Playson support Titanplay’s ongoing expansion across Ontario with the supplier’s industry-renowned Hold and Win portfolio now available on the operator’s website, integrated via Relax Gaming’s aggregation platform.
Titles including Coin Strike: Hold and Win, Diamonds Power: Hold and Win and Pink Joker: Hold and Win will enable players to enjoy a feature-led, captivating gameplay experience and expand Titanplay’s rapidly expanding portfolio.
Playson’s latest tie-up underlines its intent of further establishing its brand within Ontario after successfully entering the Canadian province back in 2022. The provider’s industry-renowned portfolio continues to drive long-term value for operators worldwide.
Blanka Homor, Sales Director at Playson, said: “We are proud of the footprint we have established in Ontario with local players truly appreciating the Playson experience. Partnering with an exciting name in the region like Titanplay allows us to accelerate our progress and bring our premium offering to an increased pool of players.
“We look forward to gauging the response from Titanplay enthusiasts and watching this partnership grow from strength to strength.”
Titanplay management commented: “At Titanplay, we pride ourselves with working with industry-renowned names and partnering with Playson seamlessly fits into our plans of becoming a household name in Ontario and across Canada.
“Our portfolio will undoubtedly be elevated by Playson’s Hold and Win collection, offering players a dynamic offering of feature-filled, graphically advanced titles.”
The post Playson strengthens Canadian footprint with Titanplay partnership appeared first on Gaming and Gambling Industry in the Americas.
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