Canada
Governor Christie: States should not see sports betting as a ‘cash cow’
Former New Jersey Governor and presidential candidate Chris Christie, who initiated the legal battle that led to the repeal of PASPA in 2018, has warned some US states are misunderstanding the value of legal sports betting.
In an interview with ICE365.com, Clarion Gaming’s new insight, data and analysis platform for the international gaming industry, Governor Christie said states legalising in the hope of generating tax revenue may ultimately be disappointed. “I don’t think sports gaming brings in that much revenue, in terms of tax revenue,” he told ICE365.com. “It’s a relatively low margin business. I think states doing it just for revenue will be disappointed.”
Instead, he says the true value comes through the economic activity it creates: “For us in New Jersey, it has increased volumes in Atlantic City, and the igaming part of it has been extraordinarily helpful to the business in our state.”
Governor Christie said online casino, for which regulation has tended to progress at a slower pace, will only accelerate in the coming years. He added that legislation had to avoid stunting the growth of new verticals and channels with onerous regulations, picking out Pennsylvania and Illinois as two he described as having put up a lot of barriers to doing business. He stated: “I think those states should be able to see that those are big mistakes based on the amount of business they’ve gotten, compared to what we’ve shown is possible here in New Jersey.”
Robin Harrison, B2B editor for Clarion Gaming, commented: “He was very candid in his responses and avoided any of the sugar-coating that we might have expected. Governor Christie also paints a very positive picture of the industry’s future; he’s confident that the backlash experienced by the European igaming industry won’t happen in the US.”
Harrison added: “It’s important to note that he does not see legal betting as distinct from the brick-and-mortar industry. Whether it’s as a licensing partner or as an active participant, the sector can benefit from sports betting regulation through the economic activity it creates – provided regulations create the right conditions for them to thrive.”
The full interview with Chris Christie will appear on ICE365.com part of Clarion Gaming’s £1m digital investment programme to help the international industry explore commercial opportunities 365-days a year. Launching June 28, ICE365.com will provide insights, reports, unique data, live discussions and exclusive interviews with leadership figures.
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Canada
St8 launches in Ontario through partnership with Tonybet
Casino games aggregator and full-service technology provider, St8 has officially gone live in Ontario’s regulated market through a new partnership with international brand Tonybet.
Through the partnership, Tonybet gains access to St8’s casino games aggregation platform, offering a wide range of premium titles from leading providers through a single API, alongside bonusing and promotional tools, compliance and licensing solutions, advanced reporting and data capabilities.
Built as a single scalable platform, St8’s products are designed to help operators launch and grow across regulated markets with fast, flexible technology solutions while maintaining full compliance.
The agreement marks a further step in St8’s global growth strategy as the company continues to expand its presence across regulated jurisdictions.
Vladimir Negine, CEO at St8, said: “Going live in Ontario is an important milestone for St8 and reflects our continued commitment to growth in regulated markets. Since receiving our Ontario licence, we have focused on building strong local partnerships and delivering a platform that combines scalability, speed and compliance.
“As a respected international brand, Tonybet shares our commitment to building reliable solutions for regulated markets, and we look forward to working closely together as we continue to expand our presence in regulated jurisdictions worldwide.”
Kiryl Liudvikevich, Head of Product at Tonybet, added: “As we expand our presence in Ontario, it is important for us to work with technology partners that support continued growth while meeting the highest regulatory standards.
“St8’s platform gives us the flexibility to integrate a wide range of content and tools through a single connection, helping us scale smoothly while maintaining a strong focus on player experience.”
St8 continues to lead the way as a partner of choice for regulated markets. In addition to its Ontario licence, the company holds licences in key regulated jurisdictions like the United Kingdom, Sweden and Romania, among others.
The post St8 launches in Ontario through partnership with Tonybet appeared first on Americas iGaming & Sports Betting News.
Canada
Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives
Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.
The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.
Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.
The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.
Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.
The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.
Alex Malchenko
Evoplay Strengthens Canadian Presence with BetMGM Partnership
Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.
The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:
• Hot Triple Sevens
• Hot Volcano
• Gold of Sirens Bonus Buy
• Inner Fire Bonus Buy.
These are games that have already demonstrated strong results across multiple regulated markets.
This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.
Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.
Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”
The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.
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