Canada
Underdog Chooses GeoComply as Exclusive Geolocation Provider Across North America
Fantasy sports and online sports gaming operator Underdog has chosen fraud and risk solutions provider GeoComply as its geolocation provider for North America.
Underdog will utilize a combination of GeoComply’s Core suite and its Solus product for Underdog’s fantasy sports operations and future sports betting products.
“We are thrilled to be working with Underdog,” the Business Development and Licensing Vice-President for GeoComply, Sam Basile, said. “With its customer focus and commitment to product innovation and compliance, it has quickly become one of the market leaders in the daily fantasy sports market.”
Underdog Fantasy is one of the fastest-growing sports gaming companies ever, with a valuation of $485 million after a Series B fundraising round last year. Underdog has finalized market access agreements in several legalized online sports betting states and is positioned to expand into sports betting in the near future.
“We are proud to work with partners like GeoComply to meet our commitments to our customers and regulators,” the Senior Operations Director for Underdog, Matt Garrigan, said. “This partnership is a key component of ensuring that our customers benefit from a safe, compliant and frictionless experience.”
GeoComply Core is the most reliable, robust and accurate geolocation, device and user technology available in the gaming market today. Over 80 percent of users go through a geolocation check within three seconds. It delivers geolocation pass rates of up to 98 percent with an IP spoofing detection rate of 99.6 percent. In addition, all Core customers can access GeoComply’s fraud prevention tools to protect against bonus abuse, identity theft, chargeback fraud and more.
GeoComply’s Solus solution removes friction for web-based daily fantasy players. This solution runs seamlessly on HTML5 browsers so users do not have to download any additional apps or plug-ins in order geolocate themselves.
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Canada
Rivalry to Report First Quarter 2024 Results on May 30
Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Gen Z, today announced details of its planned release of first quarter 2024 financial results.
The Company expects to file its Q1 2024 results the morning of Thursday, May 30, 2024 prior to the commencement of TSXV trading. Management plans to host an investor conference call that same day at 10:00 am EDT to discuss the results.
Conference Call Details |
|
Timing: | Thursday, May 30, 2024 at 10:00 am EDT |
Dial-in: | 1-800-717-1738 (toll free) or (+1) 289-514-5100 (local or international calls) |
Webcast: | A live webcast can be accessed from the Events section of the Company’s website at rivalrycorp.com |
A replay of the webcast will be archived on the Company’s website for one year. | |
Canada
Play’n GO announces partnership with Canadian operator Loto-Québec
Play’n GO, the world’s leading casino entertainment provider, has today announced a partnership with Canadian operator Loto-Québec, launching the Swedish gaming giant’s games into another Canadian province.
Already active in another Canadian province , this partnership sees Play’n GO’s content available in the province of Québec exclusively with Loto-Québec, a state-owned corporation, where online players now have access to titles such as Tome of Madness.
Magnus Olsson, Chief Commercial Officer, Play’n GO said: “At Play’n GO, we have always been clear in our vision to be active in every regulated market in the world, and this partnership with Loto-Québec is the next step on that journey.
“Our past success in Canada gives us confidence that players in Québec will enjoy the best Play’n GO content, and we look forward to many years of success with Loto-Québec in the province.”
Stéphane Martel, Head of Product and Innovation at Loto-Québec added: “As the sole iGaming operator in Québec, we pride ourselves on offering titles that truly add value to our platform, lotoquebec.com. We are happy to bring Play’n GO games to our players.”
Canada
Court Decision Upholds iGaming Ontario’s Model
iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontario’s model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.
“We have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,” said Martha Otton, Executive Director of iGaming Ontario.
“Ontario’s model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,” Otton added.
In dismissing the application brought forward by the Mohawk Council of Kahnawà:ke (MCK), the Superior Court found that iGaming Ontario is the “operating mind” behind Ontario’s competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.
iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.
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