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Government to Establish a Competitive Market for Online Gambling Industry in Ontario

Niji Narayan

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Government to Establish a Competitive Market for Online Gambling Industry in Ontario
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Ontario’s conservative government has presented its 2019 provincial budget, which details the plans to end the current online gambling monopoly. The budget includes the government’s wish to establish a competitive market for the online gambling industry which includes casino-style gaming and sports betting. The Ontario Lottery and Gaming Corporation (OLGC) is currently the only operator that can offer iGaming through the playOGA.ca website.

Gary Bettman, commissioner of the National Hockey League (NHL), said that he supports the government’s initiative. “There are two NHL franchises in Ontario and two right on the border with the US. [Therefore] Ontario is a very important market for the NHL,” Bettman said. “Accordingly, the NHL does not object to the Province of Ontario’s initiative to offer single event wagering when it is permitted.”

Niji Narayan 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. He reports gaming industry headlines from all around the globe.

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Canada

SIGA Reports US$262 Million Revenue for 2018–2019

Niji Narayan

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SIGA Reports US$262 Million Revenue for 2018–2019
Photo Source: paintedhandcasino.ca
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The Saskatchewan Indian Gaming Authority (SIGA) has reported a profit for its casinos in 2018–2019. The seven casinos operated by SIGA had profits of US$82.5 million last year and revenues of US$262 million.

SIGA’s CEO Zane Hansen said: This performance is credited to the frequent and loyal patrons and “hard work” from employees for the successful year.

SIGA operates the Bear Claw Casino near Carlyle, Dakota Dunes Casino near Saskatoon, Gold Horse Casino in Lloydminster, Gold Eagle Casino in North Battleford, Living Sky Casino in Swift Current, Northern Lights Casino in Prince Albert and the Painted Hand Casino in Yorkton.

Half of the profits go into the First Nations Trust fund, which then goes to bands in the province, 25% of the profits go into the Saskatchewan General Revenue Fund and the remaining 25% guest a regional Community Development Corporation.

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Canada

Bojoko heads to Canada…

George Miller

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Bojoko heads to Canada
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The hugely popular online casino comparison site launches in Canada with a completely localised offering

 

Bojoko, the hugely popular online casino comparison site, has launched in Canada for the very first time after enjoying massive success in the UK market.

Bojoko is the Airbnb of the online casino world and allows operators and game developers to upload their own listings which players then rate and review.

Good Game Limited, the company behind Bojoko, has been preparing to launch in Canada for more than two years and enters the market with a completely localised offering.

This includes partnering with licensed online casinos that offer dedicated promotions and bonuses to Canadian players and that offer localised payment options.

All content on the Bojoko website has also been re-written in Canadian English, and all currencies are in Canadian dollars, too.

Bojoko is now calling on online casino operators that accept players from Canada to post their listings and allow players to start rating and reviewing their sites.

Players that sign up to Bojoko can take advantage of exclusive offers and promotions, be notified of any news and updates and “follow” their favourite casinos and game developers.

Joonas Karhu, Chief Business Officer at Bojoko, said: “Bojoko is just what online casino players in Canada need. It is a place where they can find reputable brands and discover the best bonuses and promotions available to them.

“Bojoko has proved to be very successful in the UK by allowing operators to upload their own profiles which are then rated and reviewed by players. We believe this formula will be just as popular in Canada and look forward to welcoming Canadian players to our growing community.”

Bojoko’s Canada launch kick-starts the brand’s expansion into international markets, with plans to go live in additional online casino jurisdictions later this year.

 

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Canada

Canada Amends the Criminal Code Offence of Money Laundering

Niji Narayan

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Canada Amends the Criminal Code Offence of Money Laundering
Photo Source: theguardian.pe.ca
Reading Time: 1 minute

 

The Government of Canada has amended the Criminal Code offence of money laundering. The regulation changes criminalise moving money on behalf of someone despite money laundering suspicions.

“This change modernises Canada’s money laundering criminal offences to be consistent with key allies (e.g. U.K. and Australia) and provides an additional tool to disrupt and more effectively investigate and prosecute money laundering, particularly when dealing with sophisticated actors such as professional launderers,” Finance Department spokesman Greg Sommerville said.

Canada also considers other recommendations produced in the past 18 months. 120 recommendations were filed, but only 19 have been approved so far.

“Canada has fallen so far behind for so many years, we’re playing catch-up,” James Cohen, executive director of Transparency International Canada said.

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