Canada
Sweepstakes Casinos Are A Top-Tier Choice
Online casino gaming has always been a big deal in the U.S., but the industry’s popularity has seen a massive resurgence over the past few years. This becomes increasingly evident as more and more states open their doors to virtual casinos. But what do you do if you live in a state that doesn’t have online casino gaming on its horizon for the distant future? The perfect solution is sweepstakes casinos.
If you haven’t heard of them before, sweepstakes casinos are an alternative to traditional, real-money online casinos. In fact, many iCasino enthusiasts would say that they aren’t merely an alternative but a bona fide casino gaming option in their own right.
These kinds of online casino platforms can provide countless hours of entertainment and net you tidy sums of winnings. But here are the two best things about sweepstakes casinos: they offer free gameplay, and you can still play sweepstakes online for money.
How Do Sweepstakes Casinos Work?
Sweepstakes Casinos utilize two different types of virtual currencies for their games: Gold Coins and Sweeps Coins. Gold Coins are for free gameplay. They are given freely through site promotions and giveaways, and they can also be purchased through the sweepstakes casino’s online store.
The other virtual currency, Sweeps Coins, cannot be purchased and can only be obtained through giveaways and promotions. They are also given as a bonus when players purchase a Gold Coin package.
For example, if you were to purchase a $10 Gold Coin package, you would be given a large number of Gold Coins; the specific amount depends on the sweepstakes casino at which you are playing. In addition to the Gold Coins, you would also receive 10 Sweeps Coins that can be used to play any of the sweepstakes casino’s numerous games.
So what sets these precious Sweeps Coins apart from Gold Coins? Sweeps Coins won through casino gameplay can be exchanged for some fabulous prizes, such as gift cards and cash prizes. They are typically redeemed at a rate of $1 USD per 1 Sweeps Coin.
Because Sweeps Coins themselves cannot be purchased and can only be received through gameplay, giveaways, and promotions, they are treated as sweepstakes entries. In fact, like actual mail-in sweepstakes contests that have been popular for decades, players at many sweepstakes casinos can mail handwritten requests for more Sweeps Coins entries, and they will be added to the player’s account freely.
Where Can You Play Sweepstakes Casinos?
Everywhere! Well, nearly everywhere. While traditional, real-money online casino legislation is moving at a snail’s pace, sweepstakes casinos are legal in 48 states across the U.S. The only states that do not permit sweepstakes casino gaming are Washington and Idaho.
Players in other states, however, can enjoy slot games and table games designed by some of the most respected software developers in the industry. Developers like NetEnt, Spinomenal, Microgaming, and Playtech design games for wildly popular online casino brands such as Caesars and BetMGM, and many of their most popular slot titles are available across a number of sweepstakes casino sites.
So, whether real-money online casinos are available or not, give sweepstakes casinos a spin. You’ll get the same great gameplay you’re used to from traditional casinos, you can still win cash prizes, and best of all, it’s free.
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Canada
IAGR announces Toronto as host city for 2025 conference
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
Bombee Global Entertainment Ltd
ESE Entertainment Completes Acquisition of Gaming Production Company, Bombee Americas
ESE Entertainment Inc., a gaming company that provides a range of services to leading video game developers and publishers, has announced that it has acquired Bombee Global Entertainment Ltd. (Bombee Americas), the North American arm of Bombee Event Production AB, (Bombee), a global production company specialized in live production, special effects, broadcast, and event management for the gaming sector.
Bombee has successfully collaborated with ESE to bring its premier event production services and world class customer service to North America and beyond. The North American arm of Bombee, Bombee Americas, will continue to grow and scale in this new organizational structure under ESE, while maintaining its entire team and global support.
Konrad Wasiela, CEO of ESE, said: “Today marks the next stage of ESE—a 2.0 version of our company. With the acquisition of Bombee Americas, we are not only solidifying our presence in North America but also paving the way for growth and innovation in the gaming industry. This is a major step, positioning us to deliver even greater value to our partners and elevate the gaming experience for our clients globally. We’re thrilled about the opportunities ahead and the exceptional talent joining our team.”
Transaction Terms
The Acquisition was completed by way of a share purchase agreement (the SPA) among the Company, Bombee Americas, and the shareholders of Bombee Americas (the Vendors). Pursuant to the SPA, ESE acquired all of the outstanding shares of Bombee Americas in exchange for: (i) $750,000 in cash paid on closing, (ii) $375,000 in cash to be paid six (6) months following closing, subject to customary adjustments based on the working capital of Bombee Americas on closing, (iii) $375,000 in cash to be paid twelve (12) months following closing, and (iv) 30,000,000 common shares of ESE (the Consideration Shares), issued at a deemed issue price of $0.10 per share.
In connection with the Acquisition, the founders of Bombee Americas have signed three-year service agreements and will continue to run the business following the closing, along with the rest of the personnel of Bombee Americas who will remain in place, ensuring a smooth transition of operations. As part of the Acquisition, the Company has acquired the liabilities of Bombee Americas, mainly consisting of customary current obligations incurred in the ordinary course of business for Bombee Americas, which are not expected to have a material impact on the Company’s operations or financial position.
No finder’s fees were paid or payable in conjunction with the Acquisition.
The Acquisition was an arm’s length transaction within the meaning of the policies of the TSX Venture Exchange (the Exchange) and constituted an “Expedited Acquisition” in accordance with Exchange Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets. The Acquisition remains subject to the final approval of the Exchange.
Canada
Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis
In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with nearly 5.74% of all attempted digital transactions where the consumer was located in Canada involving suspected Digital Fraud, revealed a new TransUnion® (NYSE: TRU) analysis. This is nearly an 11% year-over-year (YoY) rate increase from H1 2023, and TransUnion also documented an 11% increase in the volume of suspected Digital Fraud from Canada during this period, despite a less than a one percent (0.7%) YoY increase in the volume of transactions.
According to a recent TransUnion survey,1 more than half (54%) of Canadians said they were recently targeted by email, phone call or text message fraud attempts. Phishing was the most common scheme type (45%), followed by smishing (42%) and vishing (39%).
The increasing use of digital transactions, combined with rising suspected Digital Fraud attempts are also impacting businesses as they potentially face revenue losses and increased operational costs due to fraud. According to a TransUnion business survey for the H2 2024 Update to the State of Omnichannel Fraud report, 200 Canadian business leaders said their companies lost approximately 6% of equivalent revenue – representing $78 billion – over the past year due to fraud. The most prominent causes of fraud loss cited by them were:
- Scam/Authorized fraud (31%): Dishonest scheme intended to trick a person into giving up something of value (e.g., account access, money, information)
- Account takeover (19%): Unauthorized individuals taking over someone’s online account (e.g., bank, social media, email) without their permission
- Synthetic identity fraud (18%): Use of a combination of personal information to fabricate a person or entity to commit a dishonest act for financial or personal gain
TransUnion also found that suspected Digital Fraud attempts – where the consumer was transacting in Canada and targeted businesses globally – increased on average by 10.5% YoY in H1 2024 compared to H1 2023 and impacted all industries.
Top Three Industries Globally with Highest Rate of Suspected Digital Fraud Attempts Coming from Canada in H1 2024
- Gambling (online sports betting, poker, etc.) – 9.6%
- Retail – 9.2%
- Government – 7.7%
Top Three Industries Globally with Highest YoY Increase (H1 2024 vs H1 2023) in the Rate of Suspected Digital Fraud Attempts Coming from Canada
- Logistics – 172.9%
- Gambling – 79.3%
- Video gaming – 67.8%
“Protecting customers and their businesses from fraud is essential to enabling safe and tailored consumer experiences. These findings reveal that despite the good-faith efforts that are being undertaken by companies to identify and prevent fraud to date, fraudsters continue to evolve and it’s vital that fraud prevention methods keep up with the changing times,” said Patrick Boudreau, head of identity management and fraud solutions at TransUnion Canada.
“Businesses that aren’t already doing so should ensure that they are taking advantage of fraud prevention technologies such as identity verification, IP intelligence, device reputation and synthetic identity detection as critical components of their fraud prevention programs,” he added.
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