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Penn Entertainment appoints Aaron LaBerge as Chief Technology Officer

Penn Entertainment has announced that Disney Entertainment‘s Chief Technology Officer Aaron LaBerge is leaving the company to take up the same role at the gaming and entertainment company.

LaBerge will begin work on July 1 and report directly to Penn CEO and President Jay Snowden.

In his new role, LaBerge will be charged with driving Penn’s technology strategy and execution, says a release. He will also lead the multinational team of technologists and serve as the key business leader for the company’s Interactive division.

LaBerge spent more than 20 years at the Walt Disney Company across two separate spells. He was most recently President & Chief Technology Officer for Disney Entertainment and ESPN. In that position, he was responsible for driving all technology and product development in support of Disney’s two media divisions. Penn says he “helped set the vision and strategic leadership for how Disney uses technology to enable storytelling and innovation, drive its business, and create unparalleled consumer experiences with entertainment and sports content.”

Snowden said there was “no better candidate” to lead Penn’s interactive division.

“Having overseen a global organization of thousands of engineers, product developers, designers, technologists, and data scientists that created some of the largest scale and most successful media properties in the world, there is no better candidate to lead our Technology and Interactive division into its future… to continue growing our position as a leader in online gaming, sports betting, and digital sports media.”

LaBerge said he is excited to join the team at Penn, a company “at the forefront of the fast-changing gaming and sports media industry.”

He replaces former Score Media and Gaming executive Benjie Levy, who joined when Penn acquired theScore in 2021 for $2 billion USD. The entire Levy family left Penn this year.

LaBerge looks to make ESPN Bet an ‘essential’ platform

A primary goal in LaBerge’s mandate will be to lead ESPN Bet, which ESPN and Penn rebranded from its previous life as Barstool Sportsbook, to greater market success in the U.S.

In particular, Snowden wants Penn to deepen ESPN Bet’s parlay product, which he calls “the gap” between ESPN Bet and sports betting leaders DraftKings and FanDuel, in time for NFL betting season to help ESPN Bet grow its wallet share out of users, Snowden said.

Snowden added that the app has captured mid- to high-teens percentage of weekly active users. It recently struck a deal to launch in New York by acquiring Wynn Interactive Holding’s online sports betting licenses in the Empire State for $25 million.

LaBerge said in Monday’s release that he plans to use his experience from Disney and ESPN “to help make ESPN Bet an essential piece of the sports fan experience.”

“Together, we’ll push the limits and redefine how fans interact with sports and gaming,” said the incoming CTO.

Penn Entertainment is a leading provider of integrated entertainment, sports content, and casino gaming experiences in North America, operating 43 properties in 20 states, online sports betting in 19 jurisdictions and iCasino in five jurisdictions. It has both sports betting and iGaming offerings live in Ontario under brands including theScore Bet.

The company says its “ability to leverage the leading sports media brands in the United States (ESPN) and Canada (theScore) is central to our highly differentiated strategy to expand our digital footprint and efficiently grow our customer ecosystem.”

Bragg Gaming signs international distribution deal with Light & Wonder

Bragg Gaming Group has announced that it has signed an international online casino content distribution agreement with industry giant Light & Wonder.

The Toronto-based B2B gaming technology and content provider’s games will now be available on Light & Wonder’s platforms. Top-performing titles from Bragg’s leading in-house brands such as Atomic Slot Lab, Indigo Magic, Wild Streak Gaming and Spin Games will be on the slate.

Bragg confirmed that exclusive content, including localized titles, from its Powered by Bragg partners will also be integrated.

The deal spans Canada, the U.S., and several European regulated markets.

“Light & Wonder is a world-leading platform and games provider and this distribution deal will be hugely beneficial for us, as our content will be in front of new audiences through its large operator network boosting exposure of our games,” said Matevž Mazij, Bragg CEO. “We have focused on strengthening our content portfolio over the last year and this partnership is a testament to the popularity and appeal of our games which have been proven successful in markets globally.”

“We are thrilled to be working closely with Bragg, and are looking forward to offering their content across our network,” added Steve Mayes, Senior Director of Digital Partnerships at Light & Wonder. “This deal is a great showcase for the power of our aggregation platform and global scale. We already have a number of key operators lined up to launch Bragg games and [are] excited to further expand our portfolio of games partners.”

Bragg Gaming currently offers more than 9,000 games through the Bragg HUB content delivery platform. Its remote gaming server (RGS) is authorized to deliver casino games to more than 25 global regulated gaming markets. In North America, as well as Ontario, Bragg has operations in the states of New Jersey, Pennsylvania and Michigan. It also recently received a license to operate in Peru.

Bragg undertaking strategic review

While Bragg continues to strike partnerships, the company announced late last month that it is undertaking a strategic review after an underwhelming Q4 financial report.

The company has formed a new ad hoc special committee to determine its best path forward after it reported Q4 dips in both revenue and profit. Potential actions could include the sale of the company or its assets, a merger, financing, further acquisitions, or other strategic alternatives.

Looking ahead to 2024, Bragg projected that it expects to report midpoint growth of 12.8% in revenue and 10.9% in adjusted EBITDA.

Meanwhile, on April 8, it was announced that Ronen Kannor has resigned as Chief Financial Officer effective June 3 in order to pursue other career opportunities.

Unregistered gaming site fraudulently used Casino Rama name in advert

The Ontario Provincial Police (OPP) have warned that an unregistered gaming site is fraudulently using the Casino Rama name in social media advertising to draw unsuspecting players to its own site.

In a joint advisory, the OPP and the Alcohol and Gaming Commission of Ontario (AGCO) said that online gambling adverts that have been promoting gaming offerings allegedly provided by Casino Rama actually have no association with the Gateway Casinos & Entertainment-operated casino. In reality, the ads direct the public to a website belonging to WinSpirit Casino, which operates as an unregistered gaming platform. The site’s registered address is in Curaçao.

The OPP’s Investigation and Enforcement Bureau (IEB) was notified of the suspected fraudulent marketing on April 11.

“Residents of Ontario who opt for online gambling are urged to exercise caution when encountering such advertisements and to verify that the gaming site they intend to use is registered with the AGCO,” the OPP said in a statement.

Police stress that Casino Rama has no affiliation with any unregistered online casinos.

The IEB and AGCO jointly reminded the public to exercise caution when choosing to access online casino gaming sites found through social media advertisements.

Canadian Gaming Association calls on Meta to do more

The fraudulent advertising was criticized by the Canadian Gaming Association, as was the social media and technology giant Meta, which the CGA said needs to do more to prevent this kind of fraud.

“Social media platforms are happy to take advertising dollars from licensed, regulated gaming operators but Meta allowing this fraud to carry on for months is intolerable,” said CGA President Paul Burns in a post on LinkedIn. “Virtually every land-based casino brand in the country has had its brand highjacked to promote fraudulent online sites in the past several months.”

“Why doesn’t Meta ask for a proof of license (like other online businesses do) before allowing fraudulent sponsored posts to show up on their platforms?” added the CGA’s Senior Advisor Amanda Brewer. “I’ve seen these ads pop up on both Instagram and Facebook this week and it’s downright maddening. This is fraud, full stop. Meta needs to come to the table with solutions as people will be taken advantage of and there’s no excuse for allowing this to happen.”

NHL Alumni Association suing PointsBet Canada for breach of contract

The NHL Alumni Association (NHLAA) is reportedly suing PointsBet Canada for $1.1 million, alleging that the gaming provider cut short a multi-year sponsorship agreement after the Ontario government changed its sports betting advertising rules last year.

Rick Westhead for TSN reports that the NHLAA filed a lawsuit on Jan. 18 in the Ontario Superior Court. The suit asserts that PointsBet is obligated to continue paying the fees detailed in its sponsorship agreement until Jan. 1, 2026, regardless of the changes in Ontario’s marketing restrictions.

The operator and the NHLAA signed a four-year deal in January 2022 that gave PointsBet exclusive North American marketing rights to retired NHL players to use the former athletes in their advertising and promotions.

However, the Alcohol and Gaming Commission of Ontario (AGCO) announced in November 2023 that gambling companies could no longer use active or retired athletes to advertise their platforms and offerings except when such advertising focused on the promotion of responsible gambling. That change came into effect on Feb. 28 this year.

The lawsuit reportedly claims that when that change was announced, PointsBet wrote to NHLAA President Glenn Healy on Nov. 10, 2023, to inform him that the company would terminate the agreement.

Allegedly, PointsBet argued that the government’s rule change constituted “a force majeure event.” The operator wrote in a statement of defence filed on March 22, 2024, that the agreement hinged on PointsBet paying for retired players to drive its gaming business “by actively participating in the advertising and marketing of PointsBet’s brands.” The statement argues that the new government rules mean the current marketing opportunities to use retired NHL players are “radically different from what was bargained for by the parties.”

In response, the alumni association alleges that its contract with PointsBet is explicitly binding for as long as PointsBet has a licence to operate in Canada or the U.S. Per Westhead, PointsBet is scheduled to pay an annual license fee of $160,000 that would increase to $170,000 and also allegedly agreed to contribute towards remunerating players for their participation in marketing. The lawsuit states that payment was $275,000 in the first year and $150,000 in subsequent years.

Canadian Gaming Business reached out to PointsBet, who declined to comment on the report or the allegations.

NHLAA one of several PointsBet partners in Ontario

At the time that PointsBet signed the NHLAA deal, then-Chief Commercial Officer Nic Sulsky, who is departing the company to join the new Curling Group, wrote that the partnership would allow the brand to deliver “the authentically Canadian gaming experience that we want to bring sports fans.”

The deal with the NHLAA was one of a number of partnerships that PointsBet Canada struck in the lead-up to and the wake of its launch in the Ontario regulated market which hit two years old earlier this month.

PointsBet is an official sports betting partner of Major League Sports & Entertainment‘s teams, which include the Toronto Maple Leafs NHL team as well as former NBA champions the Toronto Raptors. It also has agreements with the likes of the Ottawa Redblacks Canadian Football League franchise and Dailyfaceoff.com & The Nation Network.

The company has fallen afoul of AGCO regulations on more than one occasion since launching in the Ontario market, being hit with fines in May 2022 for breaching advertising standards and in November 2023 for responsible gambling violations.

Other companies pivot advertising

While the NHLAA’s lawsuit alleges that PointsBet sought to exit their marketing agreement after the AGCO changed its rules around using athletes in advertising, other sportsbooks have gone in other directions.

A notable example is BetMGM, who pivoted their advertising to ensure they could continue using Edmonton Oilers superstar Connor McDavid in their marketing. McDavid appears in adverts for the sportsbook advocating for responsible gaming rather than promoting the company’s product and offerings directly.

Matt Prevost, BetMGM’s chief revenue officer, said earlier this year that McDavid was “part of our efforts to promote responsible gambling” since the start of his relationship with BetMGM as it was “something he expressed as a personal priority.” The AGCO told CBC News in an email last month that it sees athletes as having a useful role in spreading the message of responsible gambling and stated that it is “pleased” to see gambling companies “making the necessary adjustments to align their advertising practices with the updated standards.”

Bet365 expands iGaming offering with wheel-based live game

Bet365 has expanded its iGaming offering in Ontario with a new wheel-based live game.

Developed in collaboration with Playtech, the operator has launched Super Mega Ultra which features a three-tier base game across two wheels.

According to Playtech, the new game is inspired by one of bet365’s most popular slots and it aims to provide players with an immersive live entertainment experience.

“We are excited to collaborate with bet365 to launch their bespoke Live game show, Super Mega Ultra to their player base. It is fantastic to see one of our most trusted partners taking the opportunity to continuously build bespoke content and utilize the knowledge and experience that the Playtech Live team has to offer,” said Playtech Live Chief Product Innovation Officer Kevin Kilminster. “The debut of the three-tier base live game across two wheels is a new industry standard and reflects our joint dedication to crafting innovative, high-quality, and captivating gaming experiences for players.”

The game features three payout levels, Super, Mega,and Ultra, which offer maximum multipliers of x300, x500, and x2,500 respectively.

A bet365 spokesperson said that Playtech’s expertise and collaboration were “instrumental” in developing the new game and the partnership between the pair “continues to drive success” and “create groundbreaking gaming experiences” for players.

“We’re thrilled to unveil this new game to our global community, marking a significant milestone for us. It is a valuable addition to our Live Casino portfolio, taking our in-house game production to new heights,” added the spokesperson. ”With the introduction of the three-tier base live game spanning two wheels, we’re setting a new industry standard.”

As well as Ontario, bet365 has launched the game in several other territories including the U.K. and Mexico.

April marks Ontario’s second iGaming anniversary

On April 4 Ontario celebrated the second anniversary of regulated iGaming following the passing of Bill C-218 in summer 2021.

Since the market opened in April 2022, it has grown from 12 private online gaming and betting sites to 47 registered operators offering 77 regulated sites today.

Two years on Ontario bettors have wagered $17.2 billion up until the end of 2023 and the government projects that iGaming will generate $423 million in net revenue through the first three years of the market, far exceeding the predicted three-year revenue total of around $75 million.

AGCO orders Ontario sportsbooks to hang up the gloves on WBA events

The Alcohol and Gaming Commission of Ontario (AGCO) is requiring licensed operators to adhere to new restrictions.

The AGCO has ordered all Ontario-registered sportsbooks to stop offering betting markets and accepting wagers on all World Boxing Association (WBA) events. The restriction, effective immediately, follows concerns regarding the integrity of WBA-sanctioned matches.

The AGCO believes the WBA is vulnerable to insider betting and match-fixing.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body,” said AGCO CEO and Registrar Dr. Karin Schnarr. “Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed.”

The AGCO has been conducting an investigation of suspicious wagering activity within the WBA following a December 2023 fight in Florida between Yoenis Tellez and Livan Navarro.

The match saw suspicious betting patterns on its total rounds market, which were flagged by two unnamed independent integrity monitors. An AGCO-registered iGaming operator also reported suspicious wagering activity on the super welterweight title bout.

According to media reports, Tellez’s manager placed a $110,000 wager at a retail casino on the fight to go over 5.5 rounds. The match ended with a Tellez knockout in the 10th round.

Following its months-long probe, the AGCO has determined that wagers on WBA-sanctioned events fail to meet the Registrar’s Standards for Internet Gaming.

Potential remedies for the WBA in Ontario

The WBA must effectively showcase an ability to supervise its events and comply with the Registrar’s Standards for reinstatement of wagering with Ontario-licensed sportsbooks.

Not all hope is lost for the WBA as the UFC faced similar challenges.

In 2022, the AGCO required sportsbooks to stop accepting wagers on the mixed martial arts promotion for insider betting infractions. The UFC would change its policies while implementing new protocols and within a month the AGCO lifted its wagering restrictions.

Second year of Ontario gaming produces $2.4B in revenue

New numbers from iGaming Ontario confirm that the second full year of expanded online gaming in the province far exceeded the performance of Year 1.

From April 1, 2023-March 31,2024, Ontario online gambling sites generated $2.4 billion in revenue off $63 billion in wagers. That is a year-over-year jump of 71.4% for revenue and 78% for wagers.

In addition to providing the latest numbers for Q1, iGO has also gone back and retroactively filled in some blanks on revenue categories that were missing from previous reports.

Q1 2024 sets record for Ontario online gaming wagers

The period from January-March 2024 generated the highest amount of wagers so far in the province at $14.6 billion. Revenue for the period was down slightly from October-December, 2023 at $2.7 billion compared to $3.1 billion.

When broken down by vertical, it was clear that online casinos are fueling the growth in the market. Here is a look at the past year, per iGO:

Ontario betting revenue for Year 2

Image: iGaming Ontario

 

Online casino fueling growth in Year 2

Over the course of the year, online casino revenue grew by nearly 30% and outperformed Year 1 by 88%. By comparison, poker grew 26.7% over the course of the year and was up 64% over Year 1. Given the seasonality of sports betting, it is problematic to use quarter-by-quarter growth. Per iGO, the sports betting industry was up 39% year-over-year.

“With $63 billion in wagering and $2.4 billion in gaming revenue, the second year of Ontario’s igaming market is more than 70% bigger than the first,” says iGaming Ontario Executive Director Martha Otton. “As the market matures into its third year, I look forward to building on this foundation of success with operators and other partners as they invest in Ontario so that Ontarians can continue to play with confidence.”

The total number of active players continued to tick up as well, with 1.3 million active player accounts during Q1 compared to 1.2 million in Q4 2023. With so many more accounts, it more than made up for the decline in average monthly spend, which declined for the second quarter in a row. After peaking at $300 in Q3, spending dropped to $276 in Q4 and then to $263 for the first quarter of 2024.

Growth extends beyond revenue and handle

Per data from the Alcohol and Gaming Commission of Ontario (AGCO), there are currently 47 operators operating 77 sites in the market. By comparison, the Year 1 revenue report listed 49 operators and 72 different sites.

With the substantial growth in the market, Ontario online gaming continues to outpace tax revenue projections for the province. As iGO Ontario Board Chair Heidi Reinhart noted when celebrating the anniversary earlier this month, the numbers are only part of the story when discussing the growth of the market.

“When talking about Ontario’s iGaming market, the numbers tell us a lot, but what I’m most proud of are the countless ways that our government partners, operators, responsible gambling experts, players and employees have worked together to help us create a world-class market that is Ontario-made for Ontarians.”

Raptors forward Jontay Porter receives permanent NBA ban for gambling

Toronto Raptors forward Jontay Porter has received a lifetime ban from the NBA for betting on league games and providing insider information to other bettors.

The permanent ban marks the first for a North American professional sports team in the post-PAPSA era, setting a new precedent for gambling-related infractions in the NBA. Porter’s banishment follows an investigation by the NBA that was initiated after DraftKings reported betting irregulates on two separate occasions for Porter’s player prop markets.

The NBA’s investigation found that Porter provided a known NBA bettor with information regarding his health status, which led the bettor to wager $80,000 on a Porter-centric same-game parlay that paid out $1.1 million. The league’s probe also found that Porter used an unnamed associate’s sportsbook account to place 13 wagers on NBA contests.

The bets, which were all placed this NBA season, ranged from $15 to $22,000. Collectively, Porter wagered $54,094 on NBA games with winnings reaching $21,965. The 24-year-old even placed a parlay wager that included a leg that had the Raptors losing a game.

“The AGCO is aware of the NBA’s announcement regarding Jontay Porter and is pleased the league has addressed the matter promptly and decisively,” said the Alcohol and Gaming Commission of Ontario (AGCO) in a statement. “This serious case of alleged insider betting and match-fixing was identified because regulated markets, like Ontario’s, require online gaming companies and independent integrity monitors to actively monitor and report suspicious betting, which then allows sports leagues, regulators, and law enforcement to respond appropriately. The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have – and enforce – codes of conduct that prohibit betting by insiders. The NBA’s action on this matter speaks well of the integrity safeguards and oversight they have in place related to insider betting and match-fixing.”

Silver and the NBA will be cooperating with federal prosecutors in America amid the league’s investigation. The AGCO will be conducting a probe of its own through the Investigation and Enforcement Bureau of the Ontario Provincial Police, an embedded division of the commission.

Wealth of gambling experience for Porter

According to an Action Network report, Porter has a long history of sports betting that excludes NBA contests.

Between 2021 and 2023, Porter operated a VIP account at FanDuel in Colorado that was registered in his name. Porter placed more than 1,000 bets with the sportsbook but did not place wagers on NBA games during that span. NBA gambling rules allow players to bet on sports and other markets but not league contests.

Porter finished the 2023-24 NBA season averaging 4.4 points, 3.2 rebounds, and 2.3 assists in 26 games. The Missouri native also spent time with NBA G League team, Raptors 905.

Inspired Entertainment given green light to add 720 VLTs in Saskatchewan

Inspired Entertainment has expanded its reach in Saskatchewan after the Western Canada Lottery Corporation (WCLC) awarded the company an additional 720 Valor video lottery terminals (VLTs).

This latest agreement will increase the number of Inspired Entertainment Valor VLTs in Saskatchewan to over 1,500.

The B2B gaming supplier expects to deliver the additional Valor VLTs by the end of 2024, with new games to be released at the end of 2025.

“We are thrilled to announce the deployment of an additional 720 VLT cabinets in Canada through our partnership with WCLC. This expansion underscores Inspired’s commitment to enhancing the success of the Saskatchewan VLT program, and we are honored to support WCLC and the Canadian market with our player-popular cabinets and content,” said Inspired President and CEO Brooks Pierce.

The WCLC has selected Inspired for VLT contracts in the past, and this latest deal is the third award in four years.

According to Inspired, backing from the WCLC demonstrates its continued success in delivering top-quality gaming solutions.

“We are committed to providing our VLT players in Saskatchewan with high-quality content and hardware to enhance their gaming experience,” added WCLC Vice President of VLT Gaming and Operations Eric Karmark. “Inspired’s Valor VLT has impressed us, and their ongoing success in launching new games in the market is commendable.”

Ontario celebrates second iGaming anniversary

Elsewhere in Canada, April marked the second anniversary of the regulated iGaming market in Ontario following the passing of Bill C-218 in Summer 2021.

Since the market opened in April 2022, it has grown from 12 private online gaming and betting sites to 47 registered operators offering 77 regulated sites today.

Two years on Ontario bettors have wagered $17.2 billion up until the end of 2023 and the government projects that iGaming will generate $423 million in net revenue through the first three years of the market, far exceeding the predicted three-year revenue total of around $75 million.

Relax Gaming appoints Martin Stålros as new CEO

Relax Gaming is undergoing a leadership change.

The iGaming content supplier announced that it has appointed Martin Stålros as CEO, an industry veteran with more than 15 years of experience in the gaming. Stålros, who has been at Relax Gaming since 2015, is replacing Simon Hammon as CEO. Hammon will remain in his position until October 2024 and will assist in the transition process.

“I am delighted to see Martin Stålros stepping up to the CEO role at Relax Gaming,” said Relax Gaming Chairman Patrik Osteraker. “Martin has been involved with Relax from the very early days and has had a material impact on the success of the company. As the business and organization continues to mature and grow we feel that Martin has the ideal profile needed to support and guide us on our ambitious growth trajectory.”

Relax Gaming, which has a portfolio of over 700 operator brands, became one of the first iGaming suppliers to enter the Ontario gaming market. In 2022, the company was awarded a supplier license from the Alcohol and Gaming Commission of Ontario (AGCO). Relax Gaming debuted in the market with over 120 games delivered across multiple operators.

Relax Gaming building portfolio

Stålros’ appointment as CEO adds to a busy start to the year for Relax Gaming.

The company secured a deal in March with Light & Wonder to provide its proprietary content to various markets in the U.S., Europe, and Canada. That same month, Relax Gaming solidified its presence in Italy through a pact with gambling operator SKS365.

Relax Gaming has also expanded its reach in Europe through a partnership in Hungary with gambling operator LVC Diamond Kft and its brand Vegas.hu.