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Canada Becoming an Online Gambling PowerHouse

Saturday October 18,2014 : CANADA BECOMING AN ONLINE GAMBLING POWERHOUSE
 
Three major companies in the Great White North that are shaping the industry's future.
 
Content agency Accesswire reports from Canada that the country is rapidly becoming a key player in the online gambling industry, enjoying growth of 7 to 10 percent annually and generating market value of around C$30 billion.
 
The fact that confusion remains over the legality of online gambling in Canada makes the impressive development of Canadian companies in the sector even more remarkable.
 
The publication points to three relatively new major movers and shakers in Amaya Gaming, Imperus Technologies and the Intertain Group, summarising the attributes of each as:
 
Amaya Gaming Group Inc.
 
Listed in Toronto since January 2004 and based in Pointe-Claire, Quebec
 
Market cap: $3.2 billion
 
Shares currently trading at $25.00.
 
The company, which has a number of online gambling subsidiaries, recently scored its biggest coup in the $4.9 billion acquisition of the Oldford Group, parent of Rational, Pokertsars and Full Tilt Poker.
 
Imperus Technologies Corp. (formerly ISIS Labs)
 
Listed in Toronto and incorporated February 2011; based in Mississauga, Ontario.
 
Market cap: $29.28 million
 
Shares currently trading at $0.53
 
The recent major acquisition of Israeli social games developer DiWip for a reported potentially $100 million ($50 million upfront) gives Imperus access to 24 million players in 200 countries. In August the company inked a deal to provide South African telecomms giant MTN with its Casina app pre-loaded on smartphones to access at least a million users.
 
The Intertain Group Limited
 
Toronto listed and based in that Canadian city.
 
Incorporated November 2010
 
Market cap: $161 million
 
Shares currently trading at $11.83
 
The Intertain Group offers online games through subsidiary CryptoLogic Operations Limited, which it acquired last year, under two brand names; InterCasino and InterPoker. It claims 9,000 daily users on just one of its websites, and 3 million registered users who have wagered a total of US$25 billion over the years, with Intercasino an industry pioneer.
 
In September this year shares spiked on the news that the company would be added to the S&P/TSX SmallCap Index – Standard and Poor’s Canadian Index Operations.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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