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Rivalry Launches Ontario Online Casino Five Months After Authorization
Ontario online casino gambling launched on April 4, and Rivalry was among the operators with approval to go live on day one. Primarily an esports operator, the Isle of Man-based company became a regulated online casino and sports betting entity. However, Rivalry is just entering the “traditional” online casino space now. On Tuesday, Rivalry announced […]
US Online Casino Leader BetMGM’s Parent, MGM, Buys Into International Markets
US online casino dominance isn’t enough for BetMGM‘s parent company, MGM Resorts International. Las Vegas-based MGM wants to go into international online casino markets. It looks like that will happen by next week, now that Stockholm-headquartered LeoVegas Group‘s shareholders have approved the $604 million acquisition offer. BetMGM, jointly owned by MGM and Isle of Man-based […]
Ontario Releases Online Gambling Revenue Figures, Mulls Regulatory Changes
Better late than never? After many months of delays, iGaming Ontario (iGO) has finally released preliminary revenue figures for the province’s newly-privatized online gambling market. Having launched on April 4, the market is less than a week from entering its fifth month. However, iGO’s revenue numbers only cover the first three months, up to June 30. During […]
WSOP/GGPoker Collaboration Inches Closer to Ontario Launch
Ontario poker players may soon get a fifth regulated option. In the process, though, they’ll lose access to the last major international site still serving the province in a gray market capacity. The Ontario online gambling market is now almost five months old. Shortly before it launched on April 4, the Alcohol and Gaming Commission of Ontario […]
Economist Says Some People Gamble Because They Can’t Borrow Or Save
Why do people gamble? Some people do it more than others, but it exists across all cultures. The reason for it can be tough to pin down, both psychologically and economically. As World Bank economist Sylvan Herskowitz puts it: The broad and persistent popularity of gambles with negative expected returns has presented a long-standing puzzle for […]
BetMGM Reputation to Stay Linked with Entain, LeoVegas
Online gambling operator BetMGM‘s parent company, MGM Resorts International, doesn’t seem troubled by pending legal issues relating to Entain and LeoVegas. Both organizations are closely associated with the BetMGM reputation at the moment. Jersey City, NJ-based BetMGM is the US online casino market leader. MGM wants to expand on that online gambling reach by entering […]
Canadian Provincial Lotteries Team Up, Call On Government to Fight Offshore Gambling
Five provincial lottery corporations have created a new pan-Canadian coalition to protect Canadians from unregulated online gambling. The Coalition of Provincial Lottery Corporations (CPLC) is calling on the Canadian federal government to help. Its goal is to take action against misleading online gambling advertisements, prevent offshore gaming websites from serving their residents, and keep lottery […]
MGM Still Plans to Buy iGaming Competitor LeoVegas, Despite Its Legal Issues
MGM Resorts International says it still plans to buy online casino and sports betting company LeoVegas Group, despite the latter’s legal troubles. Las Vegas-based MGM has been seeking to acquire LeoVegas for $607 million in order to establish an international online gambling presence. The land-based gambling giant’s leaders said so repeatedly during the gambling organization’s […]
Canada’s Long and Winding Path to Privatized Online Gambling
As part of a recent academic article, I dug into the path that sports betting took to legalization across Canada. Online casino gaming has emerged on a track that’s largely parallel to online sports betting. For much of Canada’s history, gambling policy emerged rather uniformly, and gambling remotely with computers was the stuff of science […]
Unifor Casino Strike Ends in Ontario, Details Emerge About Worker Injured on Picket Line
Pickering Casino Resort and Casino Ajax workers have ended their strike after ratifying a new agreement on Friday with their employer, Great Canadian Entertainment (GCE). GCE is the same company referred to as Great Canadian Gaming Corporation in previous articles. It has recently rebranded itself. The two parties reached a tentative agreement on Aug 4. […]
