OLG

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

PALM BEACH,  Fla., Oct. 14, 2021 /PRNewswire/ -- For a long time, the conversation in the gaming world was focused on mobile being the future of the industry. Now, in 2021, the future has officially arrived.  Our society is becoming more dependent on smartphones, with more than 90% of Americans owning a smartphone, and the rest of the developed world is only slightly behind the United States' pace. It is not a surprise that revenue from mobile gaming is rising, but the growth rate is something sportsbooks need to keep an eye on in the future. The more the common gamers pour their money into mobile gaming, the more sportsbooks will need to be ready to pounce. Already more than 40% of smartphone owners are paying at least $50 per month on games, which translates to $600 per year. That isn't a small sum for most people, and a quarter of the users are up to at least $1,000 per year on mobile gaming. Simply put, the future used to be mobile gaming, but it is becoming increasingly apparent that the future is here and the switch from PC gaming to mobile gaming is vital.   A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming. While most users are starting to use mobile gaming more than PC or consoles, the competitive gaming world has not made the switch yet. Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile." Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Skillz (NYSE: SKLZ), Super League Gaming (NASDAQ: SLGG), Elys Game Technology, Corp. (NASDAQ: ELYS), Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG).

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Elys Game Technology and Grand Central Restaurant and Bar Announce Official Opening Date of October 4, 2021

Thursday, September 30, 2021 - 1:00pm

Elys Game Technology, Corp. (Elys or the Company) (Nasdaq:ELYS) (NEO:ELYS), an interactive gaming and sports betting technology company, and Grand Central LLC (Grand Central), an independently owned operator of the Grand Central Restaurant & Bar located in the Adams Morgan area of Washington, D.C., today announced the official opening date of October 4, 2021 for patrons to place real-money sports bets within the restaurant premises.

Key Points: 
  • Elys Game Technology, Corp. (Elys or the Company) (Nasdaq:ELYS) (NEO:ELYS), an interactive gaming and sports betting technology company, and Grand Central LLC (Grand Central), an independently owned operator of the Grand Central Restaurant & Bar located in the Adams Morgan area of Washington, D.C., today announced the official opening date of October 4, 2021 for patrons to place real-money sports bets within the restaurant premises.
  • Grand Central Restaurant & Bar, located at 2447 18th Street, NW, Washington, DC, is an independently owned and operated bar and grill founded in 2007.
  • Additional information is available on the Grand Central website at www.grandcentraldc.com and can be followed on Twitter and Instagram at @grandcentraldc.
  • Elys Game Technology, Corp., is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy.

CloudMD Strengthens Board with New Director Nominations and Announces Change of Auditors

Tuesday, September 28, 2021 - 12:30pm

The new Board of Directors will consist of five directors, including two new nominees for election.

Key Points: 
  • The new Board of Directors will consist of five directors, including two new nominees for election.
  • Ms. Adams is currently President of CloudMD as well as its Global Head, Enterprise Health Solutions.
  • Their experience in governance, advisory, and executive leadership strengthens and complements our incumbent Board of Directors.
  • CloudMD is transforming the delivery of healthcare using technology and by providing a patient-centric approach, with an emphasis on continuity of care.

Elys Game Technology and Grand Central Announce License Approval in Washington, DC

Wednesday, September 1, 2021 - 1:00pm

Elys Game Technology, Corp. (Elys or the Company) (Nasdaq:ELYS) (NEO:ELYS), an interactive gaming and sports betting technology company, and Grand Central LLC (Grand Central), an independently owned operator of the Grand Central Restaurant & Bar located in the Adams Morgan area of Washington, D.C., today announced the grant by the District of Columbias Office of Lottery and Gaming (OLG) of a Class B Operator license to Grand Central to operate a sportsbook within the Grand Central Restaurant & Bar and of a provisional Class B Standard Management Services Provider License to the Company in conjunction with management services to be provided to Grand Central.

Key Points: 
  • Elys Game Technology, Corp. (Elys or the Company) (Nasdaq:ELYS) (NEO:ELYS), an interactive gaming and sports betting technology company, and Grand Central LLC (Grand Central), an independently owned operator of the Grand Central Restaurant & Bar located in the Adams Morgan area of Washington, D.C., today announced the grant by the District of Columbias Office of Lottery and Gaming (OLG) of a Class B Operator license to Grand Central to operate a sportsbook within the Grand Central Restaurant & Bar and of a provisional Class B Standard Management Services Provider License to the Company in conjunction with management services to be provided to Grand Central.
  • We have been a part of the vibrant Adams Morgan neighborhood since Grand Central opened in 2007, stated Grand Central owner Brian Vasile.
  • We are absolutely thrilled to be granted our first U.S. based sports wagering license and are looking forward to launching our Elys Gameboard U.S. platform at Grand Central Restaurant & Bar, in Washington, DC.
  • Elys Game Technology, Corp., is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy.

Alcohol and Gaming Commission of Ontario leads inter-agency task force to monitor cash transactions as casinos reopen

Thursday, July 15, 2021 - 6:45pm

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- As casinos begin to welcome back guests in accordance with the provinces Roadmap to Reopen plan, the Alcohol and Gaming Commission of Ontario (AGCO) has established an inter-agency task force to monitor cash transactions.

Key Points: 
  • TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- As casinos begin to welcome back guests in accordance with the provinces Roadmap to Reopen plan, the Alcohol and Gaming Commission of Ontario (AGCO) has established an inter-agency task force to monitor cash transactions.
  • The task force consists of representatives from the AGCO, the Ontario Provincial Police (OPP) and Ontario Lottery and Gaming (OLG).
  • The task force will be closely watching cash transactions at casinos and member agencies can take appropriate action within their legislative mandate if any unusual patterns or transactions of concern are identified.
  • - Chief Superintendent Alison Jevons, Ontario Provincial Police
    OLG maintains strong relationships with our task force partners and looks forward to continuing our collaboration to monitor and detect potential money laundering.

AGS Launches Into Canada's Real Money Online Gaming Market With Ontario Lottery And Gaming Corporation

Thursday, June 17, 2021 - 2:05pm

LAS VEGAS, June 17, 2021 /PRNewswire/ --AGS (or the "Company")(NYSE: AGS) today announced its first launch into the Canadian real money online gaming market with Ontario Lottery & Gaming Corporation ("OLG").

Key Points: 
  • LAS VEGAS, June 17, 2021 /PRNewswire/ --AGS (or the "Company")(NYSE: AGS) today announced its first launch into the Canadian real money online gaming market with Ontario Lottery & Gaming Corporation ("OLG").
  • The Company's fan-favorite Golden Wins game is now live and available to play through OLG's internet gaming site , OLG.ca .
  • AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player.
  • Each year proceeds from OLG's operations also support host communities, Ontario First Nations, lottery retailers and local charities across the province.

IGT Enters Electronic Bingo Market in Canada

Wednesday, November 14, 2018 - 9:31pm

LONDON, Nov. 14, 2018 /PRNewswire/ --International Game Technology PLC ("IGT") (NYSE: IGT) today announced that the Company recently launched first-of-its-kind electronic bingo content for the Canadian market.

Key Points: 
  • LONDON, Nov. 14, 2018 /PRNewswire/ --International Game Technology PLC ("IGT") (NYSE: IGT) today announced that the Company recently launched first-of-its-kind electronic bingo content for the Canadian market.
  • The Ontario Lottery and Gaming Corporation ("OLG") is the first Lottery in Canada to feature a range of IGT's electronic bingo games through a pilot at twelve of OLG's charitable gaming centers.
  • "Launching electronic bingo content in Canada represents a meaningful growth opportunity for IGT and our customers," said David Flinn, IGT Regional Vice President Canada.
  • Following a successful launch with OLG, we look forward to extending our electronic bingo installed base to additional provinces throughout Canada."

Hard Rock International Names Paul Pellizzari Vice President of Global Social Responsibility

Tuesday, October 9, 2018 - 3:03pm

HOLLYWOOD, Fla., Oct. 9, 2018 /PRNewswire/ -- Hard Rock International announces the appointment of Paul Pellizzari as vice president of global social responsibility.

Key Points: 
  • HOLLYWOOD, Fla., Oct. 9, 2018 /PRNewswire/ -- Hard Rock International announces the appointment of Paul Pellizzari as vice president of global social responsibility.
  • In his previous role, Pellizzari led social responsibility for Ontario Lottery and Gaming Corporation (OLG) and developed a global leadership position for the corporation.
  • "It is a pleasure to welcome Paul to our Hard Rock family," said Jeff Hook, executive vice president of development and marketing, Hard Rock International.
  • In 2015, Pellizzari was named "World's Top 50 Social Responsibility Leadership Talents" by Global Corporate Social Responsibility Day.

After privatization Gateway Casinos lays off workers

Monday, June 11, 2018 - 2:16pm

SUDBURY, ON, June 11, 2018 /CNW/ -Gateway Casinos Sudbury announced Monday that seven of 40 workers will be laid off, and Unifor said the job loss is the direct result of privatization in Ontario gaming operations.

Key Points: 
  • SUDBURY, ON, June 11, 2018 /CNW/ -Gateway Casinos Sudbury announced Monday that seven of 40 workers will be laid off, and Unifor said the job loss is the direct result of privatization in Ontario gaming operations.
  • "Unifor stated all along that the sale of a crown corporation and its operations will negatively affect workers and good jobs in Ontario, and Gateway is doing just that."
  • After the OLG outsourced gaming operations and sold off assets the British Columbia-based Gateway Casinos and Entertainment enterprise purchased several facilities across Ontario.
  • As a result of the privatization scheme and weak requirements, workers livelihoods have been left to the whim of corporate profits.