Connect with us

Canada

Exclusive Q&A with Chris Nikolopoulos, Commercial Director at BETBY

Published

on

 

Is Latin America a market that BETBY is interested in, and do you think that the bettors have different preferences to those in other regions across the globe?

Yes, Latin America is definitely a region we are paying close attention too and I believe that it will be one of the main territories for us over the next couple of years. Emerging markets are usually receptive to innovation and that’s one of the main reasons that make me think that our product is perfectly suited to Latin America. Bettors are always craving for better and more unique experiences and products and LatAm is no different. We closely monitor markets and listen to our partner’s requirements to accommodate their needs and with experience of operators within the region, we can create exciting betting opportunities.

After the explosion of sports betting in the US after the repeal of PASPA, do you expect any LatAm countries to be the next big thing?

Markets such as Colombia, Brazil, Argentina, Mexico, Peru which are already either regulated or on the cusp of being regulated look very exciting. Those countries have a combined GDP of approximately 4 trillion EUR and a huge appetite for sports betting. Whilst there are obviously a number of factors which can affect this, the appetite and market size is there, so these markets are poised to be incredible opportunities.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

How have Esports and Virtual sports taken off during the recent postponement of Live Sport, and do you expect this to continue?

With such a limited amount of live sport to sate public appetite over the last couple of months, it was inevitable that interest would turn to any other sporting products available, such as virtual sports, esports and fantasy sports, among others. While these verticals do not necessarily appeal to all sports fans, obviously the industry at large saw an uptick in revenue from these verticals, despite turnover dropping as a whole for sports betting. I think that those verticals were able to convert some traditional sportsbook traffic and it is very likely they will be able to keep the trend over the coming months, with only a gradual return of sport.

Has offering more products, such as virtuals, esports, and live games, allowed Betby to reach even more players than ever before in a region that traditionally is heavily sport-focused?

Our aim was to provide the widest possible coverage of sports, including a big selection of virtual sports and an enhanced esports experience and I am proud to say that we were able to move quickly and efficiently and accomplish that. I’m sure the whole industry would agree that the last couple of months have been tough, but we came out of the period stronger. The ace in our sleeve were our in-house Betby. Games products, a combination of esports and virtual sports titles, with unique, realistic mechanics and proven, ultra-high conversion and retention rates of traditional sportsbook players. We continue to expand the product and add more and more sports and leagues, with lots in the pipeline, so stay tuned!

Powered by WPeMatico

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading
Advertisement

Canada

Hard Rock Hotel & Casino Ottawa Opens with Legendary Guitar Smash and Star-Studded Celebration

Published

on

hard-rock-hotel-&-casino-ottawa-opens-with-legendary-guitar-smash-and-star-studded-celebration

 

Hard Rock Hotel & Casino Ottawa officially opened its doors with a signature guitar smash, marking the arrival of Canada’s first fully integrated Hard Rock resort, a bold new destination where entertainment, hospitality, and music take center stage.

The $350 million resort brings the brand’s unmistakable energy to Canada’s capital, offering locals and visitors an immersive Hard Rock experience blending iconic music history with world-class entertainment, hospitality, dining, and gaming.

In true Hard Rock fashion, the opening festivities kicked off with the Canadian Tenors’ electrifying rendition of O Canada followed by the brand’s signature Guitar Smash, a modern take on the traditional ribbon-cutting ceremony. Executives, dignitaries, and community leaders took the stage to ceremoniously smash guitars, signaling the official opening of the state-of-the-art entertainment destination.

A special moment included the presentation of a $100,000 donation to Ottawa Food Bank, reinforcing Hard Rock’s commitment to giving back to the communities it serves.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“Bringing Hard Rock to Canada’s capital is an iconic milestone for our brand. We’re proud to expand our global footprint and create a destination where locals and visitors can experience world-class gaming, hospitality, and entertainment all in one place,” said Jim Allen, Chief Executive Officer of Hard Rock International.

“Our government is thrilled that Hard Rock chose Ontario for its first fully integrated hotel and casino venue in Canada. This new entertainment and hospitality destination will draw visitors from near and far to Ottawa, create and sustain hundreds of local jobs, and provide millions of dollars for local infrastructure and community programs,” said Stan Cho, Minister of Tourism, Culture and Gaming.

The post Hard Rock Hotel & Casino Ottawa Opens with Legendary Guitar Smash and Star-Studded Celebration appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

AGCO

MIXI Receives AGCO Approval for PointsBet Acquisition

Published

on

mixi-receives-agco-approval-for-pointsbet-acquisition

 

PointsBet Holdings Limited announced that MIXI has received written confirmation that AGCO has no concerns with the proposed acquisition by MIXI of the shares in PointsBet Holdings Limited.

PointsBet has also received written confirmation from iGaming Ontario (iGO) in relation to MIXI’s proposed acquisition of shares in PointsBet.

Accordingly, the condition precedent to MIXI’s proposed PointsBet-Board recommended Takeover Bid relating to Ontario approvals in paragraph 4.5 of Schedule 1 of the Bid Implementation Deed dated 16 June 2025 (BID) has been satisfied.

MIXI’s proposed Takeover Bid remains subject to the satisfaction of certain other limited conditions as previously announced, including a 50.1% minimum acceptance of the proposed MIXI Offer (as defined in the BID).

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The Northern Territory Racing and Wagering Commission provided its approval on 24 March 2025 for MIXI to acquire PointsBet. PointsBet confirmed that MIXI’s proposed Takeover Bid is no longer subject to any gaming regulatory approvals.

The post MIXI Receives AGCO Approval for PointsBet Acquisition appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

AGCO

AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor

Published

on

agco-fines-great-canadian-casino-resort-toronto-$350,000-for-serious-regulatory-violations-linked-to-impromptu-after-party-on-gaming-floor

 

The Alcohol and Gaming Commission of Ontario (AGCO) has issued monetary penalties totaling $350,000 against Great Canadian Casino Resort Toronto for multiple violations of provincial gaming standards. The penalties follow an impromptu after-party that was permitted to take place in the pre-dawn hours directly on the casino’s gaming floor.

On September 27, 2024, an electronic dance music event attended by thousands of people was hosted in the theatre adjacent to the casino at Great Canadian Casino Resort Toronto. The event was marked by widespread intoxication, disorderly behavior, and numerous criminal and medical incidents – both inside and outside the venue – including alleged assaults, drug overdoses, and acts of public indecency. Although paid duty officers were present, additional police and emergency services were required to manage the situation.

In the midst of this high-risk environment, casino management approved an unscheduled request by the performing artist to host an after-party on the active gaming floor. The artist and more than 400 guests were permitted onto the gaming floor where the artist was allowed to perform amidst operational table games and gaming machines – without any prior risk assessment or planning.

As a result, security personnel were unable to effectively control the casino floor, including witness reports that an attendee was seen climbing onto slot machines. Failure to maintain appropriate control compromises the security, safety, and integrity of the casino floor. Following the conclusion of the event, the operator failed to promptly report these incidents to the AGCO as required.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Based on the findings of its review, the AGCO’s Registrar has issued an Order of Monetary Penalty (OMP) totaling $350,000 against Great Canadian Casino Resort Toronto. These penalties address critical failures in their operations, incident reporting, employee training, and the management of disturbances.

A gaming operator served with an OMP has 15 days to appeal the Registrar’s decision to the Licence Appeal Tribunal (LAT), an adjudicative tribunal that is part of Tribunals Ontario and independent of the AGCO.

“Casino operators have a fundamental duty to control their gaming environment. Great Canadian Casino Resort Toronto’s lapses in this incident compromised the safety of patrons and the security and integrity of the gaming floor,” Dr. Karin Schnarr, Chief Executive Officer and Registrar of AGCO, said.

The post AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor appeared first on Gaming and Gambling Industry in the Americas.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania