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Canadian Gaming Association Signs Memorandum of Understanding With International Betting Integrity Association

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Protection of athlete, consumer, sport, and operator integrity is a key priority

TORONTO, March 07, 2022 (GLOBE NEWSWIRE) — The Canadian Gaming Association (CGA) is pleased to announce that it has signed a Memorandum of Understanding (MoU) with the International Betting Integrity Association (IBIA). The purpose of the MoU is to provide a framework for cooperation and coordination between IBIA and the CGA on betting and related integrity issues and to protect the Ontario and wider Canadian market, sports, consumers, and regulated betting operators, from corrupt activities.

IBIA is the leading global voice on integrity for the licensed betting industry and represents many of the largest regulated sports betting operators in the world, with its account-based integrity monitoring system covering over US$137bn in betting transactions per annum globally. The association has recently been accredited by the Alcohol and Gaming Commission of Ontario (AGCO) as an independent integrity monitor; all licensed operators in Ontario will be required to be part of a monitoring system.

Many existing IBIA operators are also members of the CGA, and the two trade associations have agreed to explore and establish cooperative projects and partnership working in areas of mutual interest. The CGA and IBIA will be equal partners in those projects, which may involve a wide range of activities, including promoting the commercial and related integrity interests of the two associations’ betting operator members, and establishing a viable regulated betting market with high consumer channeling rates and related consumer, sports, and operator integrity protection measures.

Khalid Ali, CEO of IBIA, said: “Protecting the integrity of the betting market in Ontario, and indeed the wider Canadian market, is very important to IBIA and its members. We will be seeking to engage with a wide range of key stakeholders on betting and integrity related issues and see the CGA as a pivotal partner in the achievement of that goal. The CGA has been a driving force behind the evolution of regulated betting in Canada and IBIA views it as a valued and critical partner in the continued development of the sector and in placing sporting and betting integrity at the forefront of that.”

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The recent changes to the Federal Criminal Code to permit single-event sports wagering has introduced new sports betting offerings to Canadians while bringing enhanced regulatory oversight to sports betting in Canada.

The gaming industry, professional and amateur sports bodies, and gaming regulators in regulated sports betting markets around the world already cooperate to protect the integrity of sport and sports betting. When working together through an integrity monitor like IBIA, the industry can:

  • Detect and report suspicious activities in betting markets.
  • Use detailed market data to investigate and punish corruption.
  • Develop education activities to protect players and sporting events.
  • Support sports bodies, law enforcement and regulatory authorities in the fight against fraud and manipulation.
  • Channel consumers to the onshore regulated market.

“IBIA will be one of only a handful of sports integrity monitors recognized by the Alcohol and Gaming Commission of Ontario for licensed operators and we believe there is great value in deepening our relationship with the organization,” said Paul Burns, President and CEO, Canadian Gaming Association. “As the CGA looks ahead to the opening of Ontario’s iGaming market and the expansion of sports betting products and services across Canada in 2022, the protection of athletes and integrity of sports betting is a key priority.”

About the Canadian Gaming Association
The Canadian Gaming Association (CGA) is a not-for-profit organization that works to advance the evolution of Canada’s gaming industry. The association’s mandate is to promote the economic value of gaming in Canada; use research, innovation, and best practices to help the industry advance; and create productive dialogue among stakeholders. Visit www.canadiangaming.ca to learn more about the CGA and gaming in Canada.

For further information please contact:
Paul Burns, Canadian Gaming Association
(416) 579-3922
[email protected]

About the International Betting Integrity Association

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The International Betting Integrity Association is the leading global voice on integrity for the regulated betting industry. The association is the largest customer transaction-based betting integrity monitoring system in the world and represents operators with over $137bn in betting handle per annum globally. The association maintains a policy of transparency and publishes quarterly and annual reports covering the integrity alerts reported through its monitoring and alert platform; the 2021 report can be viewed here.

Our members share a common goal of combating betting corruption to protect the integrity of sport and their businesses. Established in 2005 and formerly known as ESSA, we are a not-for-profit association whose members include many of the world’s largest regulated operators, active across six continents. Members undergo a rigorous due diligence process and must adhere to our code of conduct committing them to responsible betting practices.

IBIA’s Monitoring & Alert Platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The bespoke system tracks transactional activity linked to individual consumer accounts, clearly distinguishing it from commercial monitoring systems focused on simple odds movements. The association has longstanding information sharing partnerships with leading sports bodies including FIFA, UEFA, the ITIA and the IOC and many gambling regulators to utilise this data and prosecute corruption.

IBIA can be contacted at [email protected].

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Online Casino Legalization in Illinois: Study Finds Two-Thirds of Voters in Favor

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A recent survey has confirmed that almost two out of three (63%) of Illinois residents support legalizing online casinos.

The survey, created by casino bonus and online casino review site BonusFinder.com, asked 1,000 Illinois residents their take regarding legalizing online casinos. The focus group covered voters across a variety of political backgrounds, age groups, and different geos.

Despite online casinos currently being illegal in Illinois, and the only way to access them is illegally, the survey found that one in four residents (26%) admitted to having played at an online casino.

According to a separate analysis, which delved into how much US States could be missing out on in online casino tax revenue, it revealed that Illinois could be missing out on up to $788m. Instead of going to the State, this potential tax money is being funneled to unregulated offshore gambling platforms.

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When questioned, hypothetically, how residents would prefer the tax revenue to be spent they prioritized: public education (61.4%), mental health and addiction services (54.8%) and improvements in infrastructure (44%).

Other services that were still important, but less of a priority, to those questioned in the survey were: affordable housing (38%), crime prevention (33.1%), community programs (26.2%) and environmental initiatives (22.7%).

“These findings show that Illinoisans are ready for online casinos, as long as it’s done responsibly,” commented Luciano Passavanti, Vice President at BonusFinder.com.

“The message from voters is clear – they want safe, transparent platforms and strict oversight.

“They also want to know that tax revenue from online casinos will directly benefit their communities; whether that’s through education, healthcare, or local infrastructure.

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“Illinois is already a major gaming market. Legalizing online casinos is the next logical step.”

While the majority of voters were in favor (63%), 19% were against legalization and 17.5% remained unsure.

The largest age group supporters of legalizing online casinos was the 45-54 age group, with 68.8% being in favor. However, the age group whose least in favor of legalization remained to be those aged 65 and over – with 51.2% being in favor of legalizing online casinos in Illinois.

The second-largest age group in favor of legalizing iCasinos are those aged 35-44 (64.1%), the third-largest group stood to be those in the 18-34 age bracket with 63.7% of voters supporting legalization.

When it comes to the battle of the sexes, men were found to be significantly more open to the idea of legalization, with 70.5% of men in support. However, in comparison, just 58.3% of women were found to be in support of legalizing online casinos in the State.

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Furthermore, a variety of correspondents across different political views were also questioned; with findings revealing that Republican voters were slightly more in favor (65.4%) of legalization compared to Democrat voters (63.3%).

The post Online Casino Legalization in Illinois: Study Finds Two-Thirds of Voters in Favor appeared first on European Gaming Industry News.

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FBM® installs Jin Qián Link™ at Solaire Entertainment City

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FBM® is set to elevate the gaming experience at Solaire Entertainment City with the launch of the highly anticipated Jin Qián Link™ slot themes on the cutting-edge Auria casino cabinet. Being the leading e-bingo games provider in the Philippines, FBM® continues delivering innovation with four captivating slot titles inspired by Asian mystique, featuring stunning graphics and exciting gameplay, at one of the country’s premier gaming destinations.

Jin Qián Link comprises four distinct slot themes – Eternal Fènghuáng™, Golden Lóng™, Great Bái Hǔ™, and Lucky Guī™ – each transporting players to a mystical universe. Players will be attracted and engaged by captivating visuals and an immersive soundscape, while Jin Qián Link also offers a rewarding and strategic gaming experience.

Players can chase Mini, Minor, Major, and Grand jackpots within the Jin Qián Link bonus, accessed by incrementing the pagoda. The bonus mode culminates in a double prize when all positions on the five reels are covered. The attractive feature set of this product line includes Luck Has Arrived as a shared feature, anticipating a rewarding round. Triple Wild, available on Golden Lóng and Lucky Guī, and Wild Multiplier, running on Great Bái Hǔ and Eternal Fènghuáng, are the game features completing the features roll of this game series.

Pepe Costa, Country Manager of FBM Philippines, highlighted the relevance of this installation for the brand’s operation in the country. “FBM is committed to delivering exceptional gaming experiences that resonate with players. Jin Qián Link is a testament to this commitment, combining compelling themes with innovative features and the quality and excellence that FBM is known for.”, stated the FBM representative.

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About the expectations around the game and FBM’s intents for the short-term future, Pepe Costa shared: “We are confident that Jin Qián Link will be a major success at Solaire Entertainment City. It’s also important to note that Jin Qian Link is just the first in a series of new slot games that FBM will be launching for the Philippine market”. With a legacy dating back to 2001, FBM has established itself as a trusted provider of high-quality gaming solutions. The leadership obtained in the Philippines e-bingo segment placed FBM among the references in the national industry, boosting the operation expansion for new product categories. The Jin Qián Link launch at Solaire Entertainment City further solidifies FBM Philippines’ position in the market and provides Solaire Entertainment City patrons with a new and exciting gaming adventure.

The post FBM® installs Jin Qián Link™ at Solaire Entertainment City appeared first on European Gaming Industry News.

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Kambi Group plc repurchase of shares during 30 April – 6 May 2025

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Kambi Group plc (“Kambi”) has during the period 30 April to 6 May 2025 (the “Buyback Period”) repurchased a total of 8,000 ordinary shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi’s shareholders and to give the Board increased flexibility with Kambi’s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 8,000 ordinary shares at a volume-weighted average price of 108.53 SEK. From the beginning of the Programme, which started on 6 November 2024, until and including 6 May 2025, Kambi has repurchased a total of 1,270,000 ordinary shares at a volume-weighted average price of 108.89 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

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Date Aggregated daily
volume (number of
ordinary shares)
Weighted average
share price
per day (SEK)
Total daily
transaction
value (SEK)
30 April 2025 2,000 103.97 207,939
2 May 2025 2,000 109.48 218,950
5 May 2025 2,000 110.70 221,401
6 May 2025 2,000 109.98 219,969

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 6 May 2025, Kambi’s holding of its own shares amounted to 1,270,000 and the total number of issued shares in Kambi is 29,903,619 ordinary shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary shares, up to a maximum amount of €12.0 million.

The post Kambi Group plc repurchase of shares during 30 April – 6 May 2025 appeared first on European Gaming Industry News.

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