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VGW pulling plug on Chumba Casino, Global Poker across Canada

Virtual Gaming Worlds (VGW), a leading operator of free-play social gaming and dual-currency sweepstakes gaming in North America, is closing up shop in Canada.

Chumba Casino players received an email informing them that players will no longer be able to access the platform from Canada as of Oct. 23. A VGW spokesperson told Canadian Gaming Business that both Chumba Casino and Global Poker are leaving the Canadian market. The company’s third brand, LuckyLand Slots, does not have a Canadian presence.

VGW will shut down not only its gaming offerings that allow for real-money play, but also all free play.

Generally speaking, sweepstakes gaming operates a dual-currency system wherein players receive allowances of Gold Coins and can choose to pay money to buy more. Those coins can be used for gameplay but have no cash value. Meanwhile, customers also have the opportunity to earn Sweeps Coins, which can be used for gameplay and also exchanged for real money or other prizes.

Effective Aug. 28, Chumba players will no longer be able to purchase Gold Coins, but will be able to continue to use any Gold Coins or Sweeps Coins in their account. As of Sept. 25, they will no longer be able to play any games but will still have the opportunity to redeem Sweeps Coins for prizes. All Canadian access will be blocked on Oct. 23.

‘A strategic, isolated decision’

The VGW spokesperson told CGB that the Canadian shutdown move is a “strategic, isolated” decision reflecting the fact that operations north of the border are no longer seen as a worthwhile endeavour.

“We can confirm that following careful consideration, we’ve informed players of a decision to phase out our brands that offer products in Canada (Chumba Casino and Global Poker),” the spokesperson said. “We understand this is an adjustment after many years and our valued Canadian players may be disappointed. This decision wasn’t taken lightly and our focus is on ensuring players are fully informed about the changes, and that this transition is as smooth as possible.

“Ultimately, this is a difficult but strategic, isolated decision. Our Canadian business is relatively small, as the vast majority of our players reside in the larger U.S. market, where we will concentrate our management focus, resources and investment going forward.”

The sweepstakes model of online gaming is deemed in Canada to be non-real-money gaming and is permitted nationwide without regulatory oversight, including in Ontario, where more typical online casino gaming and sports betting are regulated. Chumba and Global Poker have been available to players across Canada for years, except in Québec, where gaming rules provide more of a barrier to social gaming operators.

US spotlight casts long shadow

Australian company VGW is a leader in the sweepstakes and social gaming sector and operates with a large U.S. presence. It is also a core founding member of the Social Gaming Leadership Alliance (SGLA), an advocacy and action group that includes numerous parties as members, including several other social gaming operators and Montréal-headquartered payments giant Nuvei.

Although there is no suggestion from the company that its Canadian exit comes under any regulatory pressure north of the border, the operator has come under an ever-brightening spotlight in the U.S. as numerous states continue to scrutinize online sweepstakes gaming.

A laundry list of state regulators have sent VGW (and others) a cease-and-desist order, alleging that dual-currency sweeps equate to unapproved forms of real-money gambling. Amid that regulatory enforcement action, as well as states such as New Jersey, Montana and Connecticut explicitly banning online sweepstakes gaming through legislation, VGW has scaled back or scrapped its offerings in around a dozen states. It ended Sweeps Coin play in New York in May amid the Empire State’s push to ban sweeps casinos and did the same in New Jersey in July shortly before the Garden State governor signed a prohibition into law.

All told, VGW has altered its operations in around a dozen states in the last year or so, also including Montana, Washington, Mississippi, Michigan, Louisiana, Connecticut, Delaware and Idaho.

In many of those states, VGW has ceased only its sweepstakes operations and still offers Gold Coins free play. But Canada, it seems, is just not worth its time or resources anymore.

DraftKings scraps credit cards in USA, will keep them in Canada

DraftKings no longer allows credit card deposits in the U.S., but the major change to the sports betting giant’s operations does not affect its business in Canada.

America’s second-largest online sportsbook by handle and revenue told its customers that it will stop accepting credit cards as a method of funding sportsbook and casino accounts as of Monday, Aug. 25.

In a statement provided to Canadian Gaming Business, a DraftKings spokesperson said the change is a “strategic business decision” intended to help customers avoid cash advance fees and higher interest rates. In many places, including Canada, certain banks charge some kind of fee for using credit cards to pay for online gambling funds.

The spokesperson clarified that, despite the U.S. change, DraftKings will still accept credit cards for deposits in Ontario. The Alcohol and Gaming Commission of Ontario (AGCO) allows credit card funding as one of numerous approved deposit methods.

DraftKings operates online sports betting and online casino gaming in Ontario via its own platform. As of Aug. 19, its Golden Nugget Online Casino brand, which has a strong presence in several states, is also live in Canada’s only regulated commercial iGaming province.

Voluntary change comes amid US regulatory scrutiny

While DraftKings said its decision is not a reaction to any regulatory concerns, the use of credit cards for iGaming is a somewhat contentious issue south of the border.

Numerous states prohibit their use for online gambling, either through legislation or regulations, including ConnecticutIowa, Massachusetts (which recently fined DraftKings US $450,000 for erroneously allowing credit card payments), New Hampshire, Oregon, Rhode Island, Tennessee and Vermont. The Illinois Gaming Board (IGB) updated its regulations to ban them for sports wagering accounts in April.

As well as those states, DraftKings already did not take credit cards in some other jurisdictions, including New York, Pennsylvania and Washington, D.C.

Meanwhile, some other operators, including the currently U.S.-only Fanatics as well as sportsbook and fantasy gaming operator Betr, also limit the use of credit cards.

While a variety of payment options exist, including debit cards, INTERAC and other bank transfer systems, and payment platforms like Apple Pay, credit cards are a relatively popular deposit method in Canada.

A survey from payments company Paysafe late last year suggested that credit cards rank third in the list of Ontario sports bettors’ preferred iGaming deposit options, behind only debit cards and digital wallets. The report also determined that Ontario is far above the global benchmark for credit card usage in online sports betting.

However, some observers have cited concerns over the potential of gamblers overspending and falling into debt by using credit cards for their gaming activity. The National Council of Legislators from Gaming States (NCLGS) drafted model legislation last year for state gaming regulators to use as a blueprint, and recommended outlawing credit cards in the guidelines.

Betty Casino bolsters online slots portfolio with 1X2 Network deal

Betty Canada has added 1X2 Network’s slots portfolio to its online casino in Ontario.

In a deal that strengthens the supplier’s presence in the Canadian iGaming market, 1X2 Network titles will be available on Betty Casino for the first time, including Wolf Strike Hold and Win Extra and 3 Hot Chilli Peppers. Additional upcoming releases will follow.

The integration is the latest step in 1X2 Network’s wider strategy to expand across regulated North American online casino markets. The UK-based supplier and content aggregator offers a portfolio of slots, table games and virtual sports across regulated markets through its aggregation platform, sourced from its in-house studios Iron Dog Studio, AD LUNAM, Prospect Gaming and 1X2gaming, as well as from numerous third-party partners.

“Teaming up with Betty Casino marks a major milestone in our North American reach,” said Christopher Reid, commercial director at 1X2 Network. “We’re excited to partner with a casino that shares our passion for delivering exceptional gaming experiences.”

Betty becomes 1X2 Network’s latest operator partner in Ontario. Early in August, it also teamed up with PointsBet Canada in the Australian operator’s only online casino market, and it also works with brands like SkillOnNet’s quartet of online casinos PlayOJO, SlotsMagic, SpinGenie and KnightsSlots.

The launch also comes shortly after 1X2 Network announced its latest slot, Joker’s Edge, which features the Hold and Win mechanic alongside collector and cash symbols that trigger a feature round designed to enhance gameplay.

Betty has also been expanding its network in Ontario. In July, it announced a deal with Bragg Gaming Group that saw it add content from Bragg’s in-house studios, Atomic Slot Lab and Indigo Magic, as well as its Powered by Bragg partner studios, including BluberiKing Show GamesIncredible Technologies and Sega Sammy Creation.

“Partnering with 1X2 Network means we can bring even more high-quality content to our players,” said Perry Smirnova, Betty Canada’s casino operations manager. “Their diverse portfolio is a great fit for our audience, and we’re confident that it will strongly resonate with our players.”

Betty has operated in Ontario since early 2023 and grew its number of active monthly players eight-fold in 2024.

Now, Betty Canada is the first step in the operators’ move towards a decentralized, franchise-style model. There are plans for other regional franchises across the Americas, and Betty intends to add Alberta to its Betty Canada operations when that market opens, touted to be early 2026. Betty co-founder and Betty Canada CEO Chavdar Dimitrov recently spoke to Canadian Gaming Business in depth about the company’s plans.

Non-profit CNE Casino appeals in federal court after $199K FINTRAC fine

After Canada’s financial intelligence unit and anti-money laundering watchdog fined the Canadian National Exhibition’s (CNE) casino almost $200,000, the temporary non-profit casino has appealed in Federal Court.

The appeal filed by CNE Casino on Aug. 13 and obtained by Canadian Gaming Business following initial reporting by the National Post notes that the temporary, non-profit gambling facility has been part of the CNE since 1991. Licensed by the Alcohol and Gaming Commission of Ontario (AGCO) like standard casinos, it offers a limited range of blackjack, roulette, mini baccarat, poker and other casino games with maximum bet stakes of $300.

The casino is primarily positioned as another form of entertainment at The Ex. It only operates for between 18 and 50 days per year and has two full-time employees.

As detailed in the CNE Casino filing, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) hit the non-profit casino with a $199,000 penalty for alleged violations of the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).

FINTRAC claimed the casino failed to conduct either an adequate risk assessment procedure or a bi-annual review of its compliance program. Each of those two alleged violations carries a maximum fine of $100,000.

CNE Casino baffled at FINTRAC reasoning

In its appeal, CNE Casino denied committing any PCMLTFA violation and criticized FINTRAC CEO and Director Sarah Paquet, calling her justification for finding violations “opaque to the point of unintelligibility.”

Per the court record, FINTRAC’s reasoning for the fine over the risk assessment issue was that procedures had not been kept up to date and that some regulatory requirements were missing. The casino responded that it was not given clarity on which procedures or requirements fell short, and claimed it offered a lengthy description and detailed evidence of its risk-assessment policies and procedures back in April.

On the point of the two-year review, CNE Casino stressed that it explained to FINTRAC that its seasonal business model means it conducts annual compliance program effectiveness reviews.

Noting that Pacquet and FINTRAC determined that the near-maximum fines were “necessary to encourage compliance” and that CNE Casino has the means to pay the full $200,000 penalty, the appeal countered that the punishment is “retrospective and punitive” given that the casino had already complied with PCMLTFA and regulations.

As for how this may proceed, a Federal Court official told Canadian Gaming Business that “it is too early to determine if a hearing will occur [or] where and when it would occur.” Typically, they said, it would take six months for the applicants to submit their requisition for a hearing, and several more months for the court to schedule a date.

Industry frustration with FINTRAC mounts

The situation comes at a time when several leaders in Canada’s gambling industry have voiced frustration with the country’s AML laws and FINTRAC’s operations and how they affect gaming, particularly iGaming. Currently, Ontario’s licensed online gaming operators must file transaction reports manually on a per-incident basis via the FINTRAC portal.

“While online wagering surges and technology reshapes the industry, AML regulations remain stuck in a largely outdated model that creates gaps in the regime and creates unnecessary compliance challenges,” wrote veteran AML compliance expert and Global Head of Advisory Services at Kinectify, Derek Ramm, in a blog in June.

“In Canada, recent enforcement actions in the gaming industry appear to have centered on administrative missteps – such as incomplete internal policies or improperly assessed risk factors – without any indication of actual criminal activity,” he added, a sentiment CNE Casino would likely agree with.

In the biggest recent high-profile incident, Ontario iGaming operators couldn’t use FINTRAC to file any suspicious transaction reports between March 2024 and March 2025 after a hacking incident took the portal offline. iGaming Ontario told Canadian Gaming Business that the conduct-and-manage agency is building its own automated system for filing such reports via a secure data feed, much as other high-volume entities do.

The Canadian Gaming Association has made AML modernization a core part of its advocacy, noting that it intends to “actively participate” in a parliamentary review of PCMLTFA.

MIXI close to closing the book on PointsBet takeover

Every saga must come to an end. Well, given modern movie studios’ affinity for sequels and spin-offs, perhaps that’s not always true. But we may finally be nearing the end of the back-and-forth chronicles of the battle to buy online sportsbook and casino PointsBet.

PointsBet stated this week that all of its directors have now accepted the all-cash offer from the Australian offshoot of Japanese entertainment company MIXI. It unanimously recommends that its shareholders accept the offer.

MIXI filed its self-described “best and final” bid of AU$1.25 (approx. C$1.11) per share earlier this month. MIXI needs to secure 50.1% of PointsBet shares for the takeover to go through.

Final offer, part two

Despite MIXI labeling that offer its last, it increased its proposal on Aug. 21, to a value of AU$1.30 (C$1.16) per share. The newest bid is contingent on MIXI acquiring at least 90% of the total PointsBet holding. If it doesn’t meet that threshold, the AU$1.25-per-share offer with 50.1% approval will apply. To allow shareholders time to consider the new alternative proposal, MIXI has extended the acceptance deadline from Aug. 25 to Aug. 29.

But MIXI’s rival in the race to buy PointsBet, Australian sportsbook Betr, will vote its 19% holding against MIXI’s proposals, meaning that the 90%-threshold alternative offer is destined to fail.

Still, the stars seem to be aligning for MIXI to complete the takeover one way or another. It has already secured all required gaming regulatory approvals for the mooted takeover, including from the Alcohol and Gaming Commission of Ontario (AGCO). PointsBet operates online sports betting and online casino.

MIXI has also quietly built up its existing stake in PointsBet in recent weeks and now holds 37.12% acceptance as of Aug. 21.

Per the Australian Financial Review, EasyGo Holdings, the parent company of Stake.com, has provided its 5% stake in PointsBet in support of the MIXI bid. Several PointsBet directors have also pledged shares towards the MIXI deal. For example, this week, director Becky Kay Harris disposed of all of her 29,020 shares, “resulting from acceptance of MIXI’s off-market takeover offer following MIXI’s offer being declared unconditional.”

Betr to just leave it alone?

MIXI is closing in on sealing the deal despite Betr formally opening its own off-market, all-stock takeover offer for all shares in PointsBet that it does not already own.

Betr has offered 4.219 Betr shares for each outstanding PointsBet share, a deal it says values PointsBet at up to AU$1.35 (C$1.20) per share. As part of its proposal, Betr announced an intention to sell PointsBet Canada to Hard Rock Digital for US$29.6 million (C$41 million as of Aug. 20).

Betr pointed in its replacement bidder statement to potential annual cost savings of around AU$45 million (C$40.1 million). Betr also argues that a combined Betr-PointsBet business would give it over 10% market share in the sector. However, PointsBet previously voiced serious concerns about Betr’s takeover attempts and questioned the potential upside of a deal. After appealing to Australia’s Takeovers Panel, Betr resubmitted its bid with clearer disclosures and risk statements.

Betr’s offer is scheduled to close on Sept. 25 unless extended or withdrawn, but the point may well be moot by then.

PointsBet’s preference for the MIXI deal remains strong, and we could get a resolution as soon as next week. It is unclear what, if anything, about PointsBet Canada’s operations would change if the MIXI takeover goes through.

DraftKings goes multi-brand in Ontario with Golden Nugget launch

The initial gold rush in Ontario’s regulated online gaming market may be over, but a significant new entrant has just stepped through the door.

DraftKings announced on Wednesday, Aug. 20, that its Golden Nugget Online Gaming (GNOG) brand has launched online and mobile casino gaming in Canada’s only commercial iGaming province, joining DraftKings’ flagship sportsbook and casino offering.

Golden Nugget Online Gaming split off from Landry’s, Inc., the owner of the Golden Nugget casinos chain, in 2020 and was acquired by DraftKings in a deal struck in 2021 and completed in 2022. Plans have been in the works for GNOG to enter Ontario since before the market even opened in April 2022. It received its license from the Alcohol and Gaming Commission of Ontario (AGCO) on June 12 of this year and finally officially launched on Aug. 19.

The Golden Nugget Online Gaming casino app is powered by DraftKings’ technology platform and features more than 2,000 slot titles and a wide selection of classic table games. As well as popular land-based slot titles such as Huff N’ More Puff, Cleopatra and Hypernova Megaways and a range of mass-market games from leading studios and suppliers, Golden Nugget also offers DraftKings Exclusive games. DraftKings and GNOG also share a loyalty program for their users.

Ontario is Golden Nugget’s fifth market, as it is already operational in four regulated online casino states: Michigan, New Jersey, Pennsylvania and West Virginia. In the U.S., Golden Nugget Online Casino works with suppliers including EveryMatrix and Canadian company Bragg Gaming.

It also offers sports betting in all of those states except Pennsylvania, as well as in Arizona, where online casino is not legal, but will not do so in Ontario.

“Golden Nugget is one of the most iconic brands in gaming, and we are thrilled to be live in Ontario with its robust mobile casino offering,” said Matt Kalish, president of DraftKings North America. “The Golden Nugget Online Gaming casino app offers hundreds of popular casino games, exclusive content, smooth navigation, premium support and a dynamic loyalty program — all backed by DraftKings’ cutting-edge technology.”

DraftKings moves to two-pronged approach

Eilers and Krejcik Gaming (EKG) ranks DraftKings’ online casino app as No. 1 in the market in its 1H25 Online Casino App Testing Report. Number two? Golden Nugget.

It means that after three years of operating sports betting and casino in Ontario since launching there in May 2022, DraftKings now has two of the very best online casino platforms at its disposal in a hugely lucrative iCasino market.

Before regulation, DraftKings offered daily fantasy sports in the province until the AGCO’s prohibition on multi-jurisdictional play saw DraftKings and other operators such as FanDuel pull their DFS products from the province. Traditionally a sports and fantasy operator, it has continued to build out its iCasino offering in recent months, adding new content such as bespoke online blackjack tables and signing up new supplier partners like Playson.

Now, with the launch of Golden Nugget, DraftKings joins the select group of Ontario’s 50 licensed iGaming operators who have multiple online casino brands live in a market in which around 80% of total wagering handle and aggregated operator revenue derives from the iCasino vertical.

Other notable examples include Caesars, which runs Caesars Sportsbook & Casino, Caesars Palace Online Casino and Horseshoe Online Casino in the market. BetMGM also has its Wheel of Fortune Casino platform as well as its flagship brand, Bally’s recently added Monopoly Online Casino alongside its Bally Bet platform, and online casino-only SkillOnNet offers four brands including PlayOjo and SpinGenie.

Meanwhile, cross-Canada operator Super Group has found success with a five-brand slate in Ontario, consisting of the Betway sportsbook and casino and four online casinos including Jackpot City and Spin.

 

BET99 CEO Jared Beber on why Canadian pride matters in gaming

Just because SBC Summit 2025 is heading back to Lisbon in September doesn’t mean that Canada and North America won’t be on the agenda.

At this year’s event, BET99 CEO Jared Beber will be speaking on a panel with others including Canadian Gaming Association President and CEO Paul Burns about the rise of alternative gaming in North America and beyond in recent times.

The North America Leaders Panel, “Sweeping the states – the rise of alternative betting,” will look at political and regulatory factors around alternative betting arenas such as sweepstakes and prediction markets as the industry tries to assess where things are now and where they may be headed.

Ahead of the event, Canadian Gaming Business sat down with Beber to talk about the industry, BET99’s status as a Canadian operator in a deep Ontario pool, what makes a compelling online gaming experience in 2025, and more.

CGB: Ontario is one of North America’s largest iGaming markets, and arguably the most competitive of all. Three-and-a-half years in, how has it stacked up vs. your expectations?

Beber: Ontario has absolutely lived up to expectations. It’s one of the most dynamic and competitive gaming markets in the world. What excites us is not just the size of the market, but the sophistication of Ontario players. They know what they want: a safe, responsible, localized experience that feels built for them, not imported from somewhere else.

That validated our approach early on, leaning into being proudly Canadian, creating partnerships with national and local sports organizations and building engagement that feels personal. Ontario has set the standard for how regulated markets should be run, and it’s raised the bar for every operator in terms of product, marketing and player trust.

CGB: With a name like BET99 and a host of Canadian sports partners, sports have been a clear focus. How do you ensure you stand out from the competitive crowd?

Beber: We’ve never tried to be “just another sportsbook.” BET99 is part of the Canadian sports fabric, from the NHL to grassroots community activations, and that gives us authenticity. We’re not shouting at fans from the sidelines; we’re sitting in the stands with them.

We pair that with deep personalization. Canadians don’t want a cookie-cutter experience; they want platforms that recognize their preferences and deliver content, offers and experiences that feel tailored. That’s why we’ve invested so much in engagement tools, localized storytelling and creating moments where the brand feels more like a lifestyle than a transaction.

CGB: Ontario’s market is 80% iCasino-heavy. Has that been a learning curve? What makes a compelling iCasino experience in today’s gaming world?

Beber: It’s been an evolution, but also an opportunity. Sports may be the front door to BET99, but iCasino is where players spend the most time. We’ve learned that a compelling iCasino experience isn’t just about having the largest library of games; it’s about presentation, personalization and trust.

That’s why responsible gaming sits at the core of how we design the experience. Deep personalization is about building genuine relationships with players as much as delivering relevant content. That means better servicing them with tailored experiences that reflect their unique preferences, while also ensuring we can step in with the right tools and support if concerns arise. It comes back to Canadian values: serving players with integrity, pride and transparency. Ontarians deserve an iCasino experience that reflects who we are as people.

CGB: How popular is live dealer at BET99, and what is the company doing to innovate in that vertical?

Beber: Live dealer is one of our fastest-growing categories, and it’s no surprise. Canadians love the combination of real-time interaction and entertainment. It blends the social aspect of a night out with the convenience of playing from home. We’re focused on elevating that experience: localizing environments so they feel more familiar to Canadian players, working with providers on unique activations and ensuring mobile-first design, since that’s how the majority of our players engage. Live dealer’s only going to get bigger, and we want to lead in making it not just a game but an entertainment experience.

CGB: You’ve said before that BET99 aims to be a one-stop shop for entertainment, not just gambling. Why is that so important in 2025?

Beber: The iGaming space is no longer about betting apps, it’s about building ecosystems. In 2025, players want platforms that bring together sports, casino, content and community in one place. That’s why we position BET99 as a one-stop shop for entertainment. We aren’t simply in the business of online betting and gaming. At our core, we’re about building community through entertainment. Our lifestyle flywheel connects sports, iCasino, content, streaming and events into an experience that is localized, culturally connected and player-first and reflects the identity, passion and pride of Canadian fans.

To be part of the BET99 lifestyle, you don’t need to bet a single dollar to engage. Whether it’s consuming our content, joining our digital community, attending an event or simply connecting with fellow fans, we want Canadians to feel part of something bigger: a community that is safe, entertaining and proudly our own. And for those who do choose to wager, we deliver a world-class experience – Vegas in your hand, Canada in your heart.

CGB: How are you seeing gambling changing in real time, and what do you expect to come down the road?

Beber: The industry is shifting. Traditional sportsbook and casino products will always be the core, but players, especially younger demographics, want more variety, more social interaction and more ways to engage beyond the standard bet slip.

We’re seeing crossover between gaming, social media and entertainment. Alternative formats like prediction markets, fantasy, sweepstakes and skill-based contests are carving out space because they meet that demand. Looking ahead, the challenge will be balancing innovation with regulation, ensuring these new formats are safe and responsible while still delivering excitement. I expect the next two years to bring a wave of creativity in how we define “gaming.”

CGB: Your SBC Summit panel should be fascinating. What else are you looking forward to seeing and hearing about in Lisbon this year?

Beber: I’m looking forward to the conversations around player engagement and retention and the continued convergence of gaming and entertainment. Ontario has proven that competition raises the bar, and SBC is where you see the best ideas being debated and tested. I’m also eager to hear more about the international perspective, how lessons from Ontario can apply elsewhere and how operators globally are adapting to changing player expectations. And it’s always so great to connect with peers, partners and innovators who are pushing our industry forward.

Evoplay debuts in Ontario with Rivalry launch

European-centred game development studio Evoplay has debuted its content in Ontario by launching a selection of its slots games with Canadian sports betting, casino and esports operator Rivalry.

The partnership marks Evoplay’s first launch in Canada’s only regulated commercial iGaming market, five months after it was granted a license to supply to provincial operators by the Alcohol and Gaming Commission of Ontario (AGCO) in March.

Evoplay’s portfolio of games consists of more than 250 slots, table, crash and e-instant games. Now, 20 of its high-performing titles are available to Ontario players for the first time.

The studio and Rivalry will continue to introduce Evoplay games in the coming months, and the two companies said in a release that the collaboration lays the foundation for the studio to further expand in the province.

“Going live in Ontario is a fantastic achievement for us. Integrating our portfolio with Rivalry is an important step in our commercial trajectory, and we are excited to introduce our content to their customers,” said Evoplay’s Head of Sales Alex Malchenko. “We have high expectations on Ontario and this is the first step into this exciting and fast-moving market. We are confident that our diverse games offering will resonate with local players.”

“Our goal is to deliver the most entertaining and differentiated casino experience in Ontario,” added Rivalry CEO Steven Salz. “Partnering with Evoplay allows us to introduce high-quality, innovative content, that will resonate with our players and keep them coming back. We feel honoured to be the first operator to offer Evoplay’s titles in Ontario and look forward to a successful partnership.”

Rivalry considering next steps after overhaul

Rivalry executives said recently that the company is still actively exploring strategic alternatives aimed at maximizing shareholder value, including evaluating “non-dilutive capital options” as part of broader strategic initiatives to accelerate growth.

In July, the Toronto-headquartered esports and sports betting operator posted net revenue of $13.6 million for FY 2024, a decrease of nearly $3 million (16.0%) year-over-year. However, it trimmed its net loss by 6% from $23.8 million in 2023 to $22.4 million in 2024 and cut operating expenses by 17% to $32.2 million.

In the latter half of 2024 and early 2025, Rivalry overhauled its product, player strategy and operational structure. It expanded its casino output, revamped its sportsbook, implemented a comprehensive VIP rewards program and increased its focus on crypto-native gaming and catering to high-value players.

As it conducted those changes, it implemented several rounds of layoffs and executives took pay cuts.

“We made hard decisions last year — rebuilding the product, cutting costs, and refining our approach to players — and those changes are beginning to show signs of positive impact,” said Salz. “The latter half of 2024 set the stage, and we’re encouraged by the progress seen so far in 2025.

“We’ve rebuilt the foundation of the business around high-efficiency acquisition, high-value users, and a proprietary product – and we’re already seeing the impact. Rivalry today is not just a leaner version of itself – it’s a fundamentally different company built for scalability.”

July also saw the Ontario Securities Commission (OSC) revoke the management cease trade order that it granted to the online gaming operator in May.

Rest-of-Canada growth fuels NorthStar Gaming revenue gains

Canadian online gaming and media company NorthStar Gaming continued to grow in the second quarter of 2025, posting yet another double-digit revenue increase.

Revenue for the three months ended June 30 was $8.5 million, 15% higher than it was in Q2 2024. That revenue includes money made from gaming and managed services, minus bonuses, promotional costs and free bets. In particular, managed services revenue more than doubled year over year.

Gross margin was at $3.5 million, up 25% year over year from $2.8 million. Marketing spend fell 16% from last year and represented 35.8% of revenue compared to almost half of revenue in Q2 2024.

NorthStar’s revenue growth is even better when looking at the first half of the year rather than just the most recent quarter. After a huge surge in Q1, the company’s total January-to-June revenue is up 23% YOY to $16.4 million, while gross margin of $6.5 million represents a 39% increase from $4.7 million in YTD 2024.

CEO and Chair Michael Moskowitz said the latest results continue “our pattern of solid year-over-year growth.”

“Operating leverage driven by continued growth of the business has led to gross margin continuing to outpace revenue growth, with Q2 2025 gross margin percentage reaching an all-time high of 40.8%, advancing our path to profitability. Ongoing innovation and efficiency in our marketing program is enabling us to drive growth while at the same time reducing operating expenses as a percentage of revenue.”

NorthStar sustained record levels of customer retention in both Q1 and Q2 2025, which it said was driven by repeat engagement of recent first-time depositors. It also launched numerous product enhancements, including increasing its number of casino games by 27% to 2,000 games, expanding its integrated Insights content vertical with more casino content, and beginning a comprehensive upgrade of its casino UI/UX.

Cross-Canada presence brings growth opportunity

NorthStar owns and operates NorthStar Bets, a Toronto-based casino and sportsbook platform. It is increasing its Ontario revenue faster than the overall market’s rate of growth, meaning that it is gaining market share, said Moskowitz.

Outside of Canada’s only regulated commercial iGaming province, NorthStar owns a NorthStarBets.com site owned and operated by the Conseil des Abénakis de Wôlinak and licensed by the Kahnawake Gaming Commission and provides managed services to partners.

NorthStar estimates that by the end of this year, its total addressable market (TAM) across Canada will be around $9.5 billion. It projects that Alberta, which is expected to launch regulated iGaming in early 2026, will have a TAM worth $1 billion, which would make it the eighth-largest regulated commercial online gambling jurisdiction in North America. NorthStar noted that Alberta has an adult population of 3.3 million with the youngest average adult age in Canada (39 years old) and a nationwide-high per-capita GDP of around $100,000, roughly 50% higher than the Canadian average, offering significant advantages for operators like NorthStar who intend to seek a license.

Moskowitz estimates that a 3% market share in Canada would equate to around $280 million in revenue.

“Alberta is a very exciting opportunity,” he said on an earnings call on Aug. 14. “As we look at the next opportunity outside of the rest of Canada piece, the regulated Alberta market for us is the key attribute. The healthier our business becomes in Ontario and the rest of Canada, the more fuel we have for launching and creating demand in the exciting market of Alberta.

“We’ve always made it clear that NorthStar is a Canadian brand, starting from the name itself, and we believe we have greater knowledge of local markets compared to many international competitors. Being a made-in-Canada option also fits neatly with the recent surge in many people’s desire to buy goods and services from Canadian suppliers.”

Moskowitz concluded that, after more than three years of operating in Ontario, NorthStar Gaming is trending well towards reaching break-even.

Alberta casinos caught up in million-dollar ATM fraud

The Royal Canadian Mounted Police (RCMP) have laid criminal charges against four men after a “coordinated” fraud scheme targeted ATMs at multiple casinos in Alberta.

In a statement, the RCMP said that an investigation uncovered suspicious activity at casino-based cash machines across the Edmonton area, involving a string of high-value withdrawals. Police said the activity caused service disruptions to similar machines across western Canada and resulted in more than $1 million in net losses.

The Mounties and the Edmonton Police Service together executed six search warrants, which found evidence of fraud and money laundering. Investigators allege that the accused withdrew large sums of money as part of a planned attempt to evade detection and exploit banks.

Three of the four men involved in the ATM scheme were charged with fraud with a value of over $5,000 and possession of property obtained by crime, while a fourth participant was also charged with laundering the proceeds of crime. The discovery of cocaine resulted in an additional drug trafficking charge against a fifth individual, for whom a province-wide arrest warrant was issued.

The RCMP noted that the investigation and subsequent arrests were made possible thanks to the collaborative efforts of federal and provincial police services, banks, Alberta Gaming, Liquor and Cannabis (AGLC) and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

“This investigation demonstrates how effective collaboration between public and private agencies can play a vital role in investigating the evolving financial crime landscape,” said an RCMP spokesperson.

The police did not name the casinos affected, nor disclose how many were affected. Edmonton has numerous casinos within and close to the city, including multiple under the Century Casino and PURE Canadian Gaming brands.

Canadian Gaming Business reached out to the RCMP for more information on the casinos involved and any updates in the case, but as the matter is before the courts, the police could not provide any further comment. AGLC directed Canadian Gaming Business to the RCMP when asked for comment.