Canada
A Message From Peter Meredith, Chairman of the Board of Great Canadian Gaming Corporation
Great Canadian Gaming Corporation today issued the following statement from Peter Meredith, Chairman of the Board of the Company.
“Given the rapidly escalating COVID-19 pandemic and the significant global uncertainty that has ensued, on behalf of the entire Board of Directors of the Company, we extend our heartfelt thoughts to our shareholders and stakeholders, as well as their families and friends during this unprecedented period. The effects of this emergency may be felt for some time, and thus, good corporate governance is crucial in these extraordinary circumstances. You can trust that our Board is dedicated to timely yet prudent decisions, transparent communication and resilient measures to ensure the long-term stability of the Company.
Under the strong leadership of Rod Baker, the Company’s CEO, our caring, diligent and experienced management team is working with our Board to actively monitor the implications that COVID-19 has had- and may have- on the future of our business. We would also like to acknowledge the incredible efforts that have been undertaken, and continue, across the Company by our operating teams who have been working tirelessly throughout this period to ensure the health and safety of our team members and guests.
This unprecedented situation has no playbook, but our team is well prepared and well-equipped, and making thoughtful decisions on a day-by-day or even hour-by-hour basis. We are making vital strategic and operating decisions to ensure that the Company is in the best possible position to withstand the ongoing volatility.
In our effort to contain the spread of the COVID-19 virus and to protect the health of our team members and guests, we worked closely with the respective lottery corporations to suspend operations at the Company’s 25 facilities across Canada. Unfortunately, these closures have impacted a significant number of our team members in Ontario, British Columbia, New Brunswick and Nova Scotia. We are hopeful that the suspension of our operations is for a short duration and we look forward to welcoming back our valued team members and guests with the reopening of our facilities.
Recognizing the collective efforts being adopted nationally to contain the spread of the COVID-19 virus, the Company will be holding its annual general meeting (“AGM”) entirely virtually at the advice of our Board of Directors and guidance from the Canadian Securities Administrators. The Company remains committed to providing a safe environment for all its constituents and is thankful for the opportunity to utilize modern technology that will allow our shareholders to be safe while having the opportunity to participate and engage in our upcoming AGM. Full details regarding the AGM, voting and attendance on a virtual basis will be available in the Company’s information circular and proxy materials to be filed on SEDAR (www.sedar.com) in the coming week.
More than ever, we are grateful for the continued support of our dedicated shareholders. As we are sure all investors can appreciate, this is a rapidly evolving situation, and we will endeavour to continue to keep you informed of material developments as they occur.”
ABOUT GREAT CANADIAN GAMING CORPORATION
Founded in 1982, Great Canadian Gaming Corporation is an Ontario based company that operates 25 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, and Nova Scotia. Fundamental to the Company’s culture is its commitment to social responsibility. “PROUD of our people, our business, our community” is Great Canadian’s brand that unifies the Company’s community, volunteering and social responsibility efforts. Under the PROUD program, Great Canadian annually supports over 1,400 charitable and non-profit organizations across Canada. In each Canadian gaming jurisdiction, a significant portion of gross gaming revenue from gaming facilities is retained by our crown partners on behalf of their provincial government for the purpose of supporting programs like healthcare, education and social services.
SOURCE: Great Canadian Gaming Corporation
Bally Bet Sportsbook & Casino app
Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario
Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, has launched the all-new Bally Bet Sportsbook & Casino app in Ontario, Canada. This latest release marks another significant milestone for the company, following the recent app update in New Jersey and a series of successful app launches in the past year, including the introduction of Bally Bet Sportsbook across multiple states and Bally Casino in Rhode Island.
The updated Bally Bet Sportsbook & Casino app represents a major step forward, as it combines the functionalities of the existing Bally Casino app and Bally Bet Sportsbook app into one comprehensive platform. Powered by White Hat Gaming, this new app allows players residing in or traveling to Ontario to conveniently place wagers on both sports and casino games using a single app, account, and universal wallet.
“We are thrilled to introduce the new Bally Bet Sportsbook & Casino app, marking a significant milestone for Bally’s. This integrated platform merges the features of our previous apps, providing players in Ontario with a seamless experience for both sports and casino betting. Our commitment to enhancing the player experience remains at the forefront as we strive to personalize the enjoyment of playing Bally Bet,” said Robeson Reeves, CEO of Bally’s Corporation.
BCLC reminds adults to gift responsibly this holiday season
With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.
“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”
While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.
“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”
In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.
“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:
- Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
- Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
- Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
Jackpot Digital Inc., a leading provider of innovative dealerless electronic poker gaming solutions, has announced that the Alcohol and Gaming Commission of Ontario (AGCO) has approved the Company to be licensed as a registered Gaming Related-Supplier (the “Supplier License”) under the Gaming Control Act in the Province of Ontario.
This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America. The Supplier License authorizes Jackpot Digital to supply its electronic table games to Ontario’s gaming venues, including casinos and other regulated gaming facilities.
Jackpot Digital’s flagship product, the Jackpot Blitz electronic table game system, offers a modern, dealerless, player-friendly solution that integrates traditional multiplayer poker games with cutting-edge digital technology. The Supplier License will enable the Company to offer its innovative gaming solutions to operators throughout Ontario, driving new revenue opportunities and enhancing player experiences.
“Receiving AGCO’s approval is a major milestone. This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences,” said Jake Kalpakian, CEO of Jackpot Digital.
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