Canadian Chambers Of Commerce Support Bill C-290

The Windsor-Essex Regional Chamber of Commerce issued a press release today in favour of the single game sportsbetting bill before Parliament, known as Bill C-290.  The press release was written jointly with the Atlantic Chamber of Commerce and the Fédération des chambres de commerce du Québec (FCCQ), and is part of a pro-sportsbetting reformist campaign […]
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BC Election Threatens Paragon Casino Deal

Paragon Gaming was negotiating the rights to develop a mega casino on the grounds next to BC Place, but that arrangement eventually fell apart.  The company continued negotiating on a new deal to build a smaller casino on the same grounds, which was approved by the BCLC last week.  However, the outcome of the provincial […]
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Borgata Casino Hopes To Be First Into New Jersey Online Gambling Market

Online gambling operators are negotiating licensing agreements with New Jersey regulators to enter the state’s newly legalized internet betting market.  The terms of the law stipulate that operators must reach agreements with Atlantic City casinos as Governor Chris Christie clarified online gaming servers must be housed within the boardwalk casinos. The managers of the Borgata […]
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Senator Raymond Lesniak Weighs Into PokerStars Atlantic Club Purchase

Raymond Lesniak was one of the most vocal supporters of New Jersey Governor Chris Christie when he legalized online gambling within the Garden State.  Lesniak believes online gambling will help save the Atlantic City casinos, which struggled to remain competitive over the last few years. The Atlantic Club casino opened its doors only a year […]
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Woodbine Diversifies To Remain Relevant

Ontario’s horseracing industry faces an uphill battle to remain relevant as gambling in Canada becomes more digitalized.  The OLG is modernizing its own gambling strategy by shifting its operations away from racetracks, and towards urban casinos and online gambling.  Woodbine Entertainment Group, the largest horseracing company in Ontario, is incorporating its own modernization strategies to […]
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Toronto Casino Questioned By First Capital Realty

The Toronto casino proposal goes before city council in May to finally approve or reject the OLG’s plans to partner with a gambling firm, and operate the gaming facility.  Councilors argue that if they do approve the proposal, they deserve the opportunity to make amendments to the proposal with conditions that favour the city.  But […]
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Betfair Rejects CVC Holdings Purchase Bid

The board of Betfair, the world’s largest online gambling domain, was approached by private equity firm CVC Holdings in an aggressive takeover bid.  But Betfair shareholders ultimately rejected the proposal, arguing that CVC undervalued the Betfair brand “and its attractive prospects.” CVC once owned the UK’s largest bookmaker William Hill in 1999, before selling their […]
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Canada’s Sportsbetting Bill Will Die On Paper

Canadians are losing faith that the country’s outdated sportsbetting laws will be amended in the near future.  The sportsbetting bill known as Bill C-290, which would legalize single game bets, is expected to expire in the Senate after the Parliamentary session runs out. The sportsbetting bill was introduced into the House of Commons, and passed […]
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Caesars Submits New Jersey Online Poker Application

Gambling firms are getting their feet wet in the newly regulated New Jersey online gambling market.  The state’s gambling regulators are reviewing casino license applications from numerous operators, both domestic and international.  As of this week, Caesars Entertainment announced it will apply for an online poker license to correlate with its own branded casino in […]
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Ontario Auditor General Will Review OLG Casino Expansion Plans

The OLG is a very political issue in Ontario, and all parties are taking positions for or against the organization’s gambling modernization strategy.  The issue became more political when a public accounts committee consented to the Auditor General reviewing the OLG’s new strategy, which was first introduced by the PC party.  Tory MPP Lisa MacLeod, […]
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