Canada
NZ Challenging For Hemisphere Dominance
Regardless of the industry being discussed, there’s always going to be an emerging market to talk about. South America has been playing this role in gambling circles since the growth of the Colombian market post-2016. Costa Rica, Chile, and The Dominican Republic, among others, have their gambling sectors too, albeit in different phases of construction. There’s a feeling that this area is still a long way off global dominance though.
Colombia reportedly boasted gaming revenue of $300m in 2021. This marks it out as one of the three biggest contributors to South American gambling, alongside Mexico and, based on what happens over the coming months, Brazil. As a whole, the continent looks like it could post a growth rate of 18.4% to 2028 – but how does it compare to its distant compatriots in the Southern Hemisphere, namely, New Zealand?
Pokie Machines
New Zealand has a surprising amount in common with the rest of the world, as far as games are concerned, proving that the appetite for slots and blackjack (etc.) is roughly consistent around the world. In 2020, the average spend on wagering hit a record level of $252m per quarter. This included gambling types, including casino games, lottery games, and what Antipodean gamblers refer to as “the TAB” and “pokies”, i.e. betting shops and slots.
There were reportedly nearly 15,000 pokie machines in New Zealand at the turn of the decade. In comparison, Colombia has an estimated 65,000. This does make sense given the vast difference in population between these two nations (51m to NZ’s 5m) but it still means that New Zealand has a higher proportion of slot machines per person, around 0.003 to 0.001 in Colombia.
Using these figures, it’s actually possible to see just how Kiwi players like to spend their gaming money. NZ’s Department of Internal Affairs claimed that when averaged out across every New Zealander, 2020’s figures were the equivalent of every adult spending $572 on betting. Broken down even further, that’s $128 at physical casinos, $80 at betting stores, $160 on lottery games, and $204 on slots.
The distinction between slots and casino games is likely because pokies are more likely to be found and played at locations other than a brick-and-mortar casino in New Zealand, like a bar. So, the $128 spent at casinos is likely representative of table game spend. As for lotteries, the industry actually saw a 13% increase in popularity during 2020, reinforcing the fact that it’s one of New Zealand’s favorite pastimes.
Charitable Grants
Closer to the present, figures from 2022 suggest that online gambling in NZ is now a $332m industry. All these numbers raise an interesting question, specifically, why is New Zealand such an attractive place to gamble? Approximately 80% of Kiwis are involved in gambling of some description according to the Department of Internal Affairs.
One obvious answer to the previous is tax. The NZ BonusFinder website notes that New Zealand makes a distinction between playing professionally and playing just for fun. Anybody who falls into the latter bracket is not taxed on their winnings at all, “no matter how big”. Professionals are treated just like regular workers, however, which means that they are liable for income tax payments.
Oddly enough, a large amount of gaming cash – around $300m – is redistributed into the community each year through charitable grants, a process that the Gaming Machine Association has previously described as an “enormous advantage to New Zealand”. It’s perhaps this kind of positive attitude toward gambling and casino gaming that has made it almost a universal hobby in the country.
Overall, the average Kiwi gamer is likely to prefer lotteries over table games but a soft spot for pokies keeps the gambling economy ticking over.
Play’n GO, the world’s leading casino entertainment provider, has today announced a partnership with Canadian operator Loto-Québec, launching the Swedish gaming giant’s games into another Canadian province.
Already active in another Canadian province , this partnership sees Play’n GO’s content available in the province of Québec exclusively with Loto-Québec, a state-owned corporation, where online players now have access to titles such as Tome of Madness.
Magnus Olsson, Chief Commercial Officer, Play’n GO said: “At Play’n GO, we have always been clear in our vision to be active in every regulated market in the world, and this partnership with Loto-Québec is the next step on that journey.
“Our past success in Canada gives us confidence that players in Québec will enjoy the best Play’n GO content, and we look forward to many years of success with Loto-Québec in the province.”
Stéphane Martel, Head of Product and Innovation at Loto-Québec added: “As the sole iGaming operator in Québec, we pride ourselves on offering titles that truly add value to our platform, lotoquebec.com. We are happy to bring Play’n GO games to our players.”
iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontario’s model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.
“We have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,” said Martha Otton, Executive Director of iGaming Ontario.
“Ontario’s model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,” Otton added.
In dismissing the application brought forward by the Mohawk Council of Kahnawà:ke (MCK), the Superior Court found that iGaming Ontario is the “operating mind” behind Ontario’s competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.
iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.
Bragg Gaming Group
Bragg Gaming Appoints Renowned iGaming Executive Neill Whyte as Chief Commercial Officer
Bragg Gaming Group, a global iGaming technology and content provider, announced that Neill Whyte has been appointed as Chief Commercial Officer (CCO), effective 1st May 2024, establishing a new global commercial structure at the Company and bolstering its leadership team.
Whyte brings over 18 years of experience in the iGaming sector, most recently in the role of Chief Commercial Officer at Digital Gaming Corporation’s (DGC), B2B iGaming Division. After joining DGC in early 2020, he was responsible for the commercially successful launch and growth of its content distribution business in the US.
Prior to joining DGC, Whyte held multiple positions in the gaming industry including as Head of Business Development at Isle of Man-based iGaming specialist Apricot Investments, as Board Member at Swedish iGaming product and Lottery content distributor Genera Networks, and in various senior roles over eleven years at leading iGaming content supplier Microgaming, including as Head of Product Channels.
In his new role with Bragg, Whyte will be tasked with leading the Company’s global commercial teams to drive growth across all of the Company’s product verticals which include proprietary online casino content from its Atomic Slot Lab, Indigo Magic and Wild Streak Gaming studios, exclusive content from content partners, HUB a leading casino content aggregation platform, Fuze player engagement, as well as its award-winning player account management (PAM) platform and turnkey solutions.
Matevž Mazij, Chief Executive Officer at Bragg, said: “I am very pleased to be announcing today the appointment of Neill Whyte as Chief Commercial Officer at Bragg. His iGaming product and market knowledge, together with his record in driving growth from developing successful and mutually beneficial commercial partnerships are exceptional.
“As we leverage our broad content and product portfolio to grow in existing and new markets, including in the United States, Canada, Latin America and Europe, Neill’s unique combination of knowledge, skills and experience in this sector are a perfect fit for our ambitions at Bragg.”
Neill Whyte, Chief Commercial Officer at Bragg, said: “It’s an honor to join Matevž and the wider teams at Bragg already in place across North America, Europe and in India. I have been impressed with the depth and quality of the content, product and technology offerings at Bragg, and its ability to rapidly adapt, certify and deploy this content and technology in newly regulated markets is a distinct advantage.
“We also have a huge opportunity to grow our footprint with our existing customers in markets in which we are already established. Our content and product roadmaps are second to none, and I’m planning to get on the road in the coming weeks and months to meet the team and our customers and to start building for the next stage of mutual growth. I can’t wait to get going.”
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