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Calgary set to welcome eSports events

Niji Ng

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Calgary set to welcome eSports events
Photo Source: dailyhive.com
Reading Time: 1 minute

 

The Calgary eSports League is teaming up with Telus Spark to bring competitive video-game events to Calgary. If successful, the industry can produce revenues of more than $1-billion next year.

Unlike cities including Toronto and Vancouver, Calgary has yet to establish a firm eSports community beyond a few Facebook groups and clubs.

Wes Nelson, spokesman for the Calgary eSports League, said he sees a market for the sport in Calgary.

“Almost all of the elements are in place for a healthy eSports community in Calgary, they just need to be brought together and given a boost in order to thrive,” Nelson added.

eSports offers a platform for the players to interact with the fans. On YouTube, where games are often streamed, five of the top 10 most popular and top-earning YouTubers make their money from video games.

There is a chance that eSports viewership to surpass the National Football League in total viewership by 2022, the Calgary league said.

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Canada

2018-2019 Fiscal Year – Third Quarter: Loto-Québec set to meet goals

George Miller

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2018-2019 Fiscal Year - Third Quarter: Loto-Québec set to meet goals
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After three quarters of its 2018-2019 fiscal year completed, Loto-Québec reports consolidated revenues of $2.165 B and net income of $1.122 B. These numbers represent respective increases of $156.9 M (+7.8%) and $103.0 M (+10.1%) compared to the same period in the previous fiscal year.*

KEY FIGURES AFTER THREE QUARTERS



2018-2019

2017-2018

Consolidated revenues

$2.165 B

$2.008 B

Net income

$1.122 B

$1.019 B

QUOTE

“In light of these positive results, we can state that we are on track to achieve our annual target for net income set at $1.261 B, and thus pay the government the dividend expected,” said the President and CEO of Loto-Québec, Lynne Roiter.

HIGHLIGHTS

  • Lotteries Autumn saw several exceptionally large Lotto Max jackpots, including a draw in which the total prize money to be won reached a record $116 M. An increase in instant lottery sales and a good performance by Lotto Max are the main reasons for the increase in revenues in this sector (+18.0%).
  • Casinos The holiday period was especially busy in Québec’s casinos, as the Casino de Montréal began its 25th anniversary celebrations. Good results were achieved throughout the sector (+4.2%), supported by themed activities showcasing various forms of entertainment.
  • Gaming establishmentsAn important step in the video lottery terminal (VLT) network action plan has been completed with the final mandatory withdrawal of terminals from targeted areas. The total number of VLTs is now under 10,000. The increase in revenues in this sector (+2.3%) is explained by the six additional days in the period’s calendar as well as a rise in gaming hall activities.
  • Online gamingBoth casino games and lottery products continued to grow. Total revenues from lotoquebec.com increased by 32.0%.

*The first three quarters of 2018-2019 have six more days than the same period in the previous fiscal year.

Note: Due to new accounting methods, prizes paid out are now deducted from lottery, bingo and Kinzo revenues, as was already the case for casinos and video lotteries (more details are available on page 6 of the quarterly report). Figures for 2017-2018 were therefore adjusted. Gross profit and net income were not affected.

The quarterly report is available on Loto-Québec’s website.

 

Source: Loto-Québec

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Canada

The Stars Group Recognized With Industry Honors

George Miller

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The Stars Group Recognized With Industry Honors
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The Stars Group today announced that its flagship poker brand and global online poker leader, PokerStars, and certain of its senior management have been recognized for management, operational excellence and innovation.

PokerStars won Poker Operator of the Year at the Gaming Intelligence Awards and Online Poker Operator of the Year at both the International Gaming Awards and the Global Gaming Awards. The Gaming Intelligence Awards honor operators based on results compiled by the industry media company from a panel of gaming industry experts. The International Gaming Awards are produced by Clever Duck Media, which publishes the iGaming Post online daily newspaper and the annual Women In Gaming Awards. The Global Gaming Awards are powered by Gambling Insider and a panel of 50 expert judges select winners with the process officially adjudicated by KPMG Isle of Man, to ensure fairness and transparency.

The awards ceremonies took place during the annual ICE Totally Gaming conference, which is considered the online gaming industry’s most important week with industry executives and regulators gathering in London for conferences, gala events and multiple industry award presentations.

Members of The Stars Group’s senior management were also selected by an independent panel of industry experts for inclusion into the Gaming Intelligence Hot 50, a list that recognizes some of the most innovative and inspiring individuals in the online gaming industry. The Stars Group’s Chief Executive Officer, Rafi Ashkenazi, Sky Betting & Gaming’s Chief Executive Officer, Ian Proctor, PokerStars Casino’s Director of Product, Innovation and Operations, Asaf Noifeld, and The Stars Group’s Senior Vice President of Strategy and Operations, USA, Matt Primeaux, were each selected to the annual list.

“I am extremely proud to see the industry recognize our company again this year. Each award we win is credit to our products but more importantly the people behind them,” said, Mr. Ashkenazi.

 

About The Stars Group:

The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings. The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, BetEasy, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, and Sky Poker, as well as live poker tour and event brands, including the PokerStars Players No Limit Holdem Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world’s most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 21 jurisdictions throughout the world, including in Europe, Australia, and the Americas. The Stars Group’s vision is to become the world’s favorite iGaming destination and its mission is to provide its customers with winning moments.

Cautionary Note Regarding Forward Looking Statements and Other Information

This news release may contain forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements can, but may not always, be identified by the use of words such as “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “intend”, “could”, “might”, “would”, “should”, “believe”, and similar references to future periods or the negatives of these words and expressions. These statements are based on management’s current expectations and are subject to a number of risks, uncertainties, and assumptions. There can be no assurance that actual results will not differ materially from those expressed or implied in forward-looking statements. Undue reliance should not be placed on forward-looking statements. Please refer to The Stars Group’s most recent annual information form and annual and interim financial statements and management’s discussion and analysis for more information about the factors, assumptions and risks that may apply to The Star’s Group’s forward-looking statements. Each forward-looking statement speaks only as of the date hereof, and The Stars Group undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

 

Source: The Stars Group

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Canada

Great Canadian Gaming to Report Fourth Quarter and Annual 2018 Results on March 5

George Miller

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Great Canadian Gaming to Report Fourth Quarter and Annual 2018 Results on March 5
Reading Time: 2 minutes

 

Great Canadian Gaming Corporation announced that it will release its financial results for the three month period (the “quarter”) and twelve month period (“2018”) ended December 31, 2018 after market close on March 5, 2019.  The Company will also host a conference call on that date at 2:00 PM Pacific, at which time management will both review the financial results and discuss the progress of the business.  The following senior management will be available to answer questions from analysts and institutional investors:

  • Mr. Rod N. Baker, President & Chief Executive Officer
  • Mr. Terrance Doyle, Chief Operating Officer

The fourth quarter and annual 2018 results press release, consolidated financial statements, management’s discussion and analysis, and annual information form will be available on the Company’s website, www.gcgaming.com, on March 5, 2019 after 1:10 PM Pacific.  This information will also be available on www.sedar.com shortly afterwards.

The conference call may be accessed via the Investor Relations section of the Company’s website, www.gcgaming.com.  The conference call may also be accessed by dialing 416-764-8688, 778-383-7413 or toll free at 1-888-390-0546.  Questions will be reserved for analysts and institutional investors.

Following completion of the call, a replay will be available via the Company’s website, www.gcgaming.com.

 

ABOUT GREAT CANADIAN GAMING CORPORATION:

Founded in 1982, Great Canadian Gaming Corporation is a BC based company that operates 28 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, Nova Scotia, and Washington State. Fundamental to the Company’s culture is its commitment to social responsibility. “PROUD of our people, our business, our community” is Great Canadian’s brand that unifies the Company’s community, volunteering and social responsibility efforts. Under the PROUD program, Great Canadian annually invests over $2.5 million in our communities, and in 2017, over 1,900 charitable organizations were supported by Great Canadian. In each Canadian gaming jurisdiction, a significant portion of gross gaming revenue from gaming facilities is retained by our crown partners on behalf of their provincial government for the purpose of supporting programs like healthcare, education and social services.

 

Source: Great Canadian Gaming Corporation

 

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