Canada
BOTISIMO ANNOUNCES ENVY GAMING AS NEW STRATEGIC INVESTOR AND CLIENT
Latest Partnership Strengthens Botisimo’s Position in Esports Industry
Botisimo, provider of the most comprehensive set of tools enabling streamers to better engage their audiences and monetize their efforts, announces that Envy Gaming, one of the most valuable esports and entertainment organizations in the world, has made a strategic investment in Botisimo. As part of the long-term relationship, Adam Rymer, CEO of Envy Gaming, will join Botisimo as a board member, and Envy will also use Botisimo’s technology for its esports players, streamers and content creators.
“To have such a respected esports organization like Envy Gaming invest in our company only continues to validate Botisimo as a leader in our industry,” said Oscar Armstrong, CEO of Botisimo. “Through Envy Gaming’s strategic partnership, we look forward to rolling out new features that will continue to accelerate the growth of the esports and live streaming industry.”
Botisimo offers chatbot, livestream marketing, analytics and audience activation tools that integrate with users’ accounts across multiple streaming platforms, including Twitch, YouTube, Facebook, Discord and Trovo.
“Envy’s investment in Botisimo is an exciting and strategic alignment between two North Texas-based organizations pushing for important advances in entertainment technology,” said Rymer. “As users of Botisimo ourselves, we have greatly benefited from a centralized platform that gives our content team and creators the tools, insights and data to drive better audience engagement for Envy and for our sponsors.”
Envy Gaming joins Mason Bridge, LLC, as an investment partner in Botisimo.
“The live streaming industry has captured an overwhelming majority of the Millennial and Gen Z demographics and is on pace to be valued at nearly $185 billion by 2027,” said Tim Storer, managing director of Mason Bridge. “Esports organizations are among the early adopters taking notice and transforming into content producers that reach into all forms of entertainment beyond just gaming. Botisimo is well positioned as the first livestream marketing tool that serves organized live streaming at scale, and we are excited to welcome Envy Gaming as a strategic investor and partner.”
As one of the most valuable esports organizations in the world, Envy Gaming fields competitive esports teams and includes a growing network of content creators and streamers with global reach. Envy recently announced a $40 million Series C funding round led by Gray Television and has equity stakeholders including recording artist Post Malone, Ken Hersh and esports industry pioneer Mike Rufail.
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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.
Play’n GO, the world’s leading casino entertainment provider, has announced further expansion of its Canadian operations via a partnership with leading operator PointsBet in the province of Ontario.
The Swedish-founded gaming giant’s games will now be available to PointsBet players in the Canadian province, meaning classic titles such as Book of Dead, Rich Wilde and the Tome of Madness, and Reactoonz will now be available on the PointsBet platform.
The province of Ontario regulated online casino gaming in 2022, which saw Play’n GO enter the Canadian market for the first time. The company expanded into the province of Quebec earlier this year, and, as of June 2024, is also a proud member of the Canadian Gaming Association.
Magnus Olsson, Chief Commercial Officer at Play’n GO, commented, “Back in 2022, I said that “North America is right at the top of Play’n GO’s priority list, and Ontario is just the first step we plan to take”. This partnership with PointsBet shows we have yet to take our foot off the gas. We’ve proudly watched our games become instant hits in our two and a half years in the Ontarian region, and we have no plans to slow down any time soon.
“It’s exciting to team up with a fellow Canadian Gaming Association member in PointsBet, and we can confidently say that we are working towards the same goal of a safe, regulated industry that is focused on player entertainment. We’re looking forward to working closely together following this milestone announcement.”
Scott Vanderwel, Chief Executive Officer at PointsBet, shared “Play’n GO has built a strong reputation for delivering high-quality game content, and we’re thrilled to bring their titles to our platform. At PointsBet, our focus is on providing a safe and engaging entertainment experience for our players, and it’s clear that Play’n GO aligns with those values. Canadian casino enthusiasts recognize PointsBet as a trusted leader in iGaming, and this collaboration further enhances the exceptional experience we offer.”
Anthony Novac
VICI Properties Inc. Enters into Agreement with Indigenous Gaming Partners Related to PURE Canadian Gaming
VICI Properties Inc. announced that it has entered into an amendment and consented to the assignment of the master lease agreement with PURE Canadian Gaming Corp. (PURE) to an affiliate of Indigenous Gaming Partners Inc. (IGP), in connection with the acquisition of the operating assets of PURE by an affiliate of IGP.
IGP is a partnership of five institutional First Nations established to acquire gaming assets in North America. IGP has partnered with Sonco Gaming, one of Canada’s most experienced casino developers and managers, who will assist in the sourcing and execution of casino gaming investments, as well as management oversight of IGP’s portfolio.
Danny Valoy, Vice President of Business Development and Acquisitions, said: “This transaction demonstrates VICI’s ability to collaboratively work with existing partners while building new relationships with highly experienced operators and First Nations in international jurisdictions. We are pleased to welcome IGP as a new partner, and we look forward to expanding our relationship with IGP and Sonco as they pursue additional growth opportunities in the future.”
Anthony Novac, CEO of Sonco, said: “We are excited to work with VICI, an established partner in providing financial solutions to the gaming industry. We believe having a partner like VICI will give us a competitive advantage as we seek growth opportunities in the Canadian market.”
In connection with entering into the amendment to the PURE Canadian master lease, VICI received a 5-year right of first offer (ROFO) on future sale-leaseback transactions. Any additional properties acquired pursuant to the ROFO will be added to the master lease.
The annual base rent of C$22.0 million (US$15.5 million based on the CAD:USD exchange rate as of December 9, 2024) and other economic terms of the PURE Canadian master lease will remain unchanged, including a base term of 25-years with four 5-year tenant renewal options, escalation of 1.25% per annum in lease year 3, with escalation equal to the greater of 1.5% and Canadian CPI (capped at 2.5%) starting in lease year 4, and a minimum capital expenditure requirement equal to 1.0% of annual net revenue. The lease, currently in lease year 2 and escalating on February 1 of each year, encompasses the following assets in Alberta, Canada: PURE Casino Edmonton, PURE Casino Yellowhead, PURE Casino Calgary and PURE Casino Lethbridge.
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Anthony Novac7 days agoVICI Properties Inc. Enters into Agreement with Indigenous Gaming Partners Related to PURE Canadian Gaming
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