Canada
Sports Betting Bill in North Carolina Clears Another Committee
Legislation to license and tax sports betting in North Carolina cleared another state Senate committee on Monday.
The proposal has drawn support from many Democrats and Republicans, overcoming concerns from others that the measure will increase the number of residents addicted to gambling. Approved by the finance committee last week, the bill still must clear two more Senate panels before heading to the floor for a full vote.
Sen. Jim Perry, a Lenoir County Republican and bill sponsor, said a small share of Americans are susceptible to becoming gambling addicts and that many of those with addictions may transfer their habits to another area. Heâs previously noted itâs already easy for anyone to place an online bet and argues it makes sense to regulate these activities and generate revenue.
The Rev. Mark Creech, executive director of the Christian Action League of North Carolina, opposes the bill, arguing it will create new addicts and cause further harm for those who already suffer.
âThe most predatory industry in the country purposefully targets and exploits the financially desperate and cultivates addition for profits,â Creech told lawmakers during the hearing.
If the bill passes the Senate and House and Democratic Gov. Roy Cooper signs it into law, the North Carolina Education Lottery commission would issue 10 to 12 interactive sports wagering operator licenses.
Powered by WPeMatico
BetConstruct
BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity
Â
BetConstruct, a global pioneer in iGaming and sports betting solutions, has announced a significant milestone in the gaming industry. Through its affiliate entity, BetConstruct has become the first iGaming company authorized to facilitate the issuance of both Business-to-Business (B2B) and Business-to-Consumer (B2C) licenses. This remarkable achievement was made possible by obtaining a direct license authorization from the Tobique First Nation in Canada.
The Tobique First Nation, renowned for its innovative and forward-thinking regulatory approach, has entrusted BetConstructâs affiliate entity with the authority to oversee applications and facilitate the issuance of licenses from its jurisdiction. This partnership underscores shared values of innovation, transparency, and a commitment to responsible gaming practices.
This historic development places BetConstruct at the forefront of the Canadian iGaming market, redefining the opportunities available to gaming operators. By leveraging its affiliate entityâs licensing capabilities, BetConstruct empowers businesses to navigate a streamlined and transparent regulatory environment, unlocking new opportunities for growth and innovation.
âAt BetConstruct, weâve always strived to push the boundaries of whatâs possible in iGaming. This landmark achievement with the Tobique First Nation reflects our unwavering dedication to creating opportunities for our partners while upholding the highest standards of responsibility and integrity in gaming,â said Vigen Badalyan, Co-Founder of BetConstruct.
The issuance of dual licenses under the watchful eye of BetConstructâs affiliate not only highlights BetConstructâs commitment to supporting its partners but also reinforces the companyâs role as a trusted leader in the global iGaming landscape.
This milestone signals a new era for regulated iGaming, as BetConstruct takes bold steps to establish a robust ecosystem for operators and consumers alike. With its direct license authorization from the Tobique First Nation, BetConstruct is setting a new standard for innovation, consumer protection, and sustainable growth in Canada and beyond.
The post BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity appeared first on Gaming and Gambling Industry in the Americas.
Canada
Great Canadian Entertainment and Petroglyph Development Group Announce Closing of the Acquisition of Casino Nanaimo and Elements Casino Victoria
Â
Great Canadian Entertainment and Petroglyph Development Group Ltd. announced that PDG has closed the previously announced acquisitions of Casino Nanaimo and Elements Casino Victoria from Great Canadian, in historic transactions for both parties. PDG is a wholly owned corporation of Snuneymuxw First Nation (the âNationâ) and is dedicated to realizing the economic potential of the Nation.
The transactions, originally announced on June 24, 2024, for Casino Nanaimo and September 10, 2024, for Elements Casino Victoria, have received all required approvals from the regulatory authorities.
âWe are thrilled to have completed these transactions. An incredible amount of work has been undertaken by our corporate team, our on-site teams at both properties, and PDG to achieve this successful closing. I am grateful for their efforts, as well as everyone at the B.C. Lottery Corporation and the Gaming Policy Enforcement Branch, who were thoughtful, diligent, and thorough in facilitating these closings,â said Matt Anfinson, Chief Executive Officer of Great Canadian.
âWe look forward to working closely with PDG during the transition period to support the continued successful operation of Casino Nanaimo and Elements Casino Victoria,â Anfinson added.
âWe celebrate the closing of our two casino acquisitions and our continued progress toward building a strong Snuneymuxw economy. For decades, Snuneymuxw leadership has worked tirelessly toward this moment, recognizing the connection between a strong economy, self-determination, and the foundation of nationhood. Today, we honour the achievements of those who came before us by securing businesses that will strengthen our Nation for generations to come. Thank you to the PDG and Great Canadian teams for your exceptional work. We look forward to a rewarding partnership with the B.C. Lottery Corporation, driving economic growth for the Nation and Province,â said Chief Mike Wyse.
Erralyn Joseph, President of PDG, said: âThis measured acquisition marks an important milestone for PDG as we continue growing a corporate enterprise that reinvests directly into the prosperity of our Nation. With a strong operating plan focused on risk mitigation and yielding sizable returns, PDG continues to generate sustainable wealth for Snuneymuxw. With every step we are realizing our socio-economic potential and influence at a local, national, and global level. On behalf of the Board of Directors, we are pleased to share this news and remain committed to advancing economic growth in support of all residents connected to Snuneymuxw territory.â
âAcquiring these assets marks a pivotal shift for Snuneymuxw and Vancouver Island. This transition will fuel the Islandâs economy, strengthening the Snuneymuxw Nation and ensuring the benefits stay local,â said Ian Simpson, Chief Executive Officer of PDG.
The post Great Canadian Entertainment and Petroglyph Development Group Announce Closing of the Acquisition of Casino Nanaimo and Elements Casino Victoria appeared first on Gaming and Gambling Industry in the Americas.
Canada
Ottawa Black Bears Announce Partnership Deal with PowerPlay
Â
The Ottawa Black Bears announced an extensive partnership agreement with PowerPlay Online Sportsbook and Casino that will see the companyâs logo featured on the clubâs home and away jerseys.
In addition to the jersey partnership, PowerPlay will also have branding elements inside the goal crease, behind the bench, on the LED display ring, and along the rinkboards for Black Bears home games at Canadian Tire Centre. As part of the deal, PowerPlay also becomes the exclusive sportsbook and online casino partner for the Ottawa Black Bears.
âWe are thrilled to have PowerPlay on board for our inaugural season with such a comprehensive partnership agreement. Their investment with the Black Bears represents a foundational agreement for our lacrosse club. And weâre proud to wear their logo alongside ours as we launch our franchise,â said Chelsea McDermott, Vice President of Business Operations for the Ottawa Black Bears.
âWe are excited to bring PowerPlayâs bold, community-driven spirit to Ottawa-Gatineau, partnering with the Black Bears as they establish themselves as a force in lacrosse. This partnership celebrates a sport deeply tied to Canadaâs heritage and competitive energy. Together, weâll ignite passion, energize fans, and deliver excitement all season long,â said Thomas Vermeulen, Marketing Director for PowerPlay.
The post Ottawa Black Bears Announce Partnership Deal with PowerPlay appeared first on Gaming and Gambling Industry in the Americas.
-
Australia6 days ago
Regulating the Game Announced New Money Laundering, Terrorism Financing Masterclass at 2025 Conference
-
Africa6 days ago
Soft2Bet takes its first steps into Africa with a multi-year Turnkey deal with media leader Channels TV
-
Eastern Europe6 days ago
Conquering Challenges: TotoGaming in Romania â 1 Year in the Market
-
Compliance Updates6 days ago
IGT Maintains Responsible Gaming Leadership with World Lottery Association Recertification
-
Brazil6 days ago
INSPIRED TO LAUNCH 16 SLOT GAMES IN BRAZIL, IGNITING THE iGAMING MARKET IN JANUARY 2025
-
Latest News6 days ago
ELA Games Unveils Mythical New Game, Cash of Egypt
-
Latest News6 days ago
SwinttStudiosâ Twin Win Games cracks the code for massive wins in Ruby Robbery
-
Latest News6 days ago
Pythia Sports partners with Betmaster to deliver comprehensive managed trading services for horse racing and greyhounds