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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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Day 2 of the MPNPT Tallinn Main Event - Day 1b of the MPN Poker Tour 2017 Tallinn Main Event easily surpassed the tournament’s €150,000 guarantee on its own. Yesterday’s 416 entries brought the total number so far up to 522

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Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

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