Canada
Insider Knowledge at Canadian Gaming Summit: ‘Leaders’ Track Showcases Top Operators and Regulators
Apart from a vibrant exhibition showcasing various products and services and numerous networking opportunities, the Canadian Gaming Summit, the country’s premier gaming and betting event, will host a conference with an unrivaled line-up of first-rate speakers hand-picked by event organizer SBC.
The ‘Leaders’ conference track, which will take place on June 14 at the Metro Toronto Convention Centre, is an undisputed highlight of the event’s 26th edition, as it spotlights the most influential decision-makers, thought leaders and innovators in the Canadian gaming industry.
Attendees will gain unparalleled insights from Canada’s most successful operators, including representatives from PointsBet, BetMGM, Kindred and FanDuel. Furthermore, event visitors will have the opportunity to hear directly from regulators and exchange ideas with their peers in the gaming industry.
The opening panel of the ‘Leaders’ conference track will delve into Canada’s potential to become an international hub for iGaming innovation. Esteemed industry executives Scott Vanderwel (CEO, PointsBet Canada), Amanda Brewer (Country Manager Canada, Kindred), Dale Hooper (General Manager Canada, FanDuel) and Scott Woodgate (VP Canada, BetMGM) will explore how Canada can leverage its status as a well-established tech hub and center for global investments to emerge as a worldwide center for iGaming innovation.
Drawing upon their experiences as established operators who were among the first to obtain legal operator titles in the Canadian market, the panelists will compare Canada’s situation with that of US states and discuss how local operators can compete with larger organizations for market share. In addition, the speakers will discuss the prospects of regulatory collaboration across jurisdictions and examine the potential of other provinces outside Ontario to chart a course.
The second panel is dedicated to regulators, who will reflect on the key takeaways from the opening of the province of Ontario and explore how these lessons can be applied to other provinces and Canadian territories. The panel will feature Martha Otton, Executive Director of iGaming Ontario, a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO) that was established to regulate the new market, and Tom Mungham, Chief Executive Officer of the AGCO.
The panelists will examine how various provinces across Canada can collaborate and align on best practices and expansion tactics. They will also analyze the accuracy of the predictions that were made when the market opened in Ontario. With their first-hand experience in the regulation of the industry, the speakers will provide invaluable insights into how Canada’s gaming sector can continue to thrive in the years to come.
The closing keynote fireside chat will feature Ray Pineault (CEO, Mohegan Gaming & Entertainment) and Ilkim Hincer (EVP & Chief Legal Officer, Hard Rock International). The experts will explore the convergence of iGaming, land-based gaming and provincial lotteries and elaborate on how the established land-based businesses and lotteries can capitalize on their knowledge by translating their core values to digital platforms. The speakers will also discuss the importance of partnerships with regulators and First Nations and the potential of simultaneously fulfilling the needs of various audience clusters through omnichannel experiences.
“There’s a lot to learn in Canada, especially since Ontario became the first province in Canada to regulate online gambling, legalizing what was previously a grey market,” Rasmus Sojmark, CEO & Founder of SBC, said. “Ontario’s regulation of online gambling has set the stage for the Canadian gaming industry’s growth and has already provided valuable insights that could be applicable to other provinces and territories in Canada.
“There are no better candidates to educate the industry on the potential and the lessons learned than industry leaders representing some of the biggest players in the region and the regulatory bodies who hold registered operators to high standards of responsible gambling, player protection and game integrity. We’re excited to host some industry titans who will share their insights with the audience.”
There will be three conference stages running simultaneously at the Canadian Gaming Summit. The first stage will host the following tracks: ‘Leaders’ and ‘Land-based’ on June 14 and ‘Growth and Leadership’ on June 15. The second stage will host the ‘Sports Betting’ track on June 14 and the ‘Affiliates and Advertising’ track on June 15 while the third stage will focus on ‘iGaming’ on June 14 and ‘Payments & Compliance’ on June 15.
Visit the Canadian Gaming Summit website to access the conference agenda and purchase your tickets at the Early Bird discount of CA$795, a CA$200 saving from the regular full event ticket price. The Early bird deal expires on April 14, 2023. Operators and affiliates with an interest in the Canadian gambling market can register for free. To qualify, operators must fill in this form while affiliates need to fill in their information at the following link.
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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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