GameOn Entertainment Technologies is now a member of the Canadian Gaming Association.
“We are pleased to join the prestigious Canadian Gaming Association, said Matt Bailey, GameOn’s CEO of the national industry association.
“The recent passing of Bill C-218 positions our company to capture market share and create new relationships, synergies and partnerships with fellow CGA members and operators across Canada. By joining the CGA, we will be able to strengthen our position in the Canadian market.”
The association greeted GameOn, which went public on the Canadian Stock Exchange on June 1, with a warm reception.
“We are delighted to welcome GameOn as the newest member of the CGA,” said Paul Burns, president and CEO. “We are impressed with the state-of-the-art technology platform that GameOn provides to operators in the newly regulated single-bet sports wagering market in Canada.”
Legalization of single-event betting an early win for CGA
On June 29, Bill C-218, the Safe and Regulated Sports Betting Act, which legalizes single-event wagering, received Royal Assent. Before legalization, Canadian law restricted sports betting to parlay-style bets. The change in the Criminal Code extends power to the provinces to conduct and manage single-event wagers.
While what this will look like is still largely unknown, we know it will look different in each province. On the one hand, British Columbia Lottery Corporation intends to expand its current offerings with single-event sports betting. Our most populous province, on the other, is preparing to launch a re-imagined open market. The change will bring legal online casinos to Ontario.
One thing is for sure, though; many companies are looking for a share of the wealth. And the anticipation of a booming Canadian market seems to have led to a membership boost for CGA.
In recent months, fintech provider Nuvei, Real Luck Group, Segev LLP, and Fandom Sports have also joined the association.
“Fandom Sports is proud to join Canadian industry leaders in preparation for the regulated sports betting market,” said David Vinokurov, CEO and President of Fandom.
“As a Canadian-based company with a suite of Made-in-Canada technologies, we feel that by being at the table with fellow members of the CGA, Fandom Sports will have a strong presence in the domestic Canadian market and will benefit from the promotion of Canadian solutions for the global market.”
GameOn appoints strategic advisor
GameOn’s recent announcement also named Howard A. Blank to their Advisory Board as a strategic advisor.
Blank brings a lot to the table with more than 30 years of experience in the Canadian gaming space.
As president & CEO of Point Blank Entertainment Ltd., he consults with industry and works with non-profits. A past board member of the Canadian Gaming Association, Blank has received their prestigious Display of Excellence and Philanthropic Award.
Currently, Blank serves as Director of Victory Square Technologies, acting as Audit Chair and media spokesperson.
“I am delighted to be joining Matt Bailey and his impressive team of colleagues as an advisor to the organization. GameOn is poised to be a big disruptor in the gaming and entertainment sectors,” said Blank.
“I am excited to be working alongside such talented and dedicated team members at GameOn.”