Canada
Victory Square Technologies Provides Corporate Update as at August 17, 2021
Victory Square Technologies Inc., a company that provides investors access to a diverse portfolio of next generation tech companies in key sectors including: the Creator Economy, Digital Health, Gaming, Web 3.0, VR/AR and Green Tech, is pleased to provide a corporate update from June 1, 2021 through to August 16, 2021.
“2021 has been a year of continued growth and new opportunities for Victory Square.” Said Shafin Diamond Tejani, CEO. “We’ve seen the significant growth of FansUnite, the public listing of GameOn Technologies and now the upcoming listing of Immersive Technologies later this month. Our balance sheet has never been stronger and our team is laser focused on unlocking value from the existing portfolio, and building a pipeline of new opportunities thru strategic investment and acquisitions.”
June
- Victory Square reported a record fifth consecutive quarter with positive net income and earnings per share.
- GameOn Entertainment Technologies (CSE:GET) officially began trading on the Canadian Securities Exchange on June 1st.
- Victory Square Technologies Announces Completion of Investment in Renewable Energy Company – Stardust Solar.
- Immersive Tech announced the appointment of Alvin Wang Graylin to its Board of Directors. He currently serves as the China President of HTC Corporation, managing all aspects of HTC’s business in the China Region.
- Game On announced an exclusive partnership with India’s entertainment super app MXPlayer that will introduce cricket prediction games for mobile to their service.
- Cloud Advisors announced the launch of Canada’s first digital employer and employee benefits marketplace.
- VST CEO Shafin Diamond Tejani’s latest Techonomy article is a look at the booming Canadian tech scene of 2021.
- Covalent has closed $10 million in a public sale of its CQT token on the distribution platform CoinList.
- Immersive Tech announces the appointment of Metaverse Leader Cathy Hackl to Its Board of Directors.
- VR/AR Thought Leader and Industry Expert Dan Burgar to Join Immersive Tech Advisory Board
- Next Decentrum Technologies Received $500,000 Investment to launch Momentable.ai, a digital collectables platform that empowers creators to create, manage, and promote NFT-based digital products, experiences, collections, and communities on the flow blockchain.
July
- Victory Square Technologies Portfolio Company Turnium Technology Group Included on the Ready to Rocket list for 2021 of British Columbia-based technology companies set for faster growth.
- FansUnite Entertainment Closed $24,792,390 Public Offering of Units
- GameOn announced a partnership with Blockparty to launch a first-of-its-kind NFT predictor product.
- In his latest piece for Entrepreneur, VST CEO Shafin Diamond Tejani took a look at the rise of Creator Coins and how they’re helping people take back the reins.
- Stardust Solar has become the first and the only coast to coast authorized Canadian dealer of the highly sought-after solar and energy services provider, SunPower.
- Victory Square Technologies portfolio company Turnium Technology Group Inc. (TTGI) is collaborating with IBM to onboard TTGI’s cloud-native SD-WAN solution to the IBM Cloud for Telecommunications.
August
- FansUnite Entertainment Granted UK Gambling Licenses for B2C and B2B Businesses.
- VST CEO Shafin Diamond Tejani’s latest Forbes article is a look at the “Five Lessons From A Dotcom-Bubble Veteran For Today’s Retail Investors.”
- Victory Square Technologies Signs an LOI for a Follow-on Investment in One of the Top 10 Ranked Influencer Platforms – Creator.co.
- Victory Square Portfolio Company, Immersive Technologies Receives Conditional Approval to List Under The Symbol CSE: VRAR.
- Victory Square Technologies Declares a Special Common Share Dividend of Its Interest in Portfolio Company Fantasy 360 Technologies Inc. (dba Immersive Tech).
- Victory Square Portfolio Company Hydreight Signs Strategic Sales and Marketing Agreement With Medline Industries Inc. to provide Hydreight’s telemedicine platform to Medline’s Clients
Outlook
The Company’s primary goals for the next 90 – 120 days are:
- Issue The First Tranche Of a Special Common Share Dividend of its Interest in Portfolio Company Fantasy 360 Technologies Inc. dba Immersive Tech
- Fantasy 360 Technologies Inc. dba Immersive Tech to Start Trading On The CSE Under Symbol (CSE:VRAR)
- Prepare Stardust Solar for a public listing
- Issue The Second Tranche Of a Special Common Share Dividend of its Interest in Portfolio Company Fantasy 360 Technologies Inc. dba Immersive Tech before the end of the current calendar year.
- Expand Hydreight’s strategic Sales and Marketing Agreement with Medline Industries Inc. to provide Hydreight’s full-suite of mobile digital health solutions and telemedicine platform to Medline’s Clients (surgery centres, skilled nursing facilities, home care agencies, nursing homes, hospice care, hospital laundries)
- Work with Creator.co to grow their existing platform, and to complete the development of an add-on feature which will allow creators to launch their own digital currency powered by the blockchain.
- Successfully invest in additional ventures working on the following: EV Solutions, Renewable Energy, Digital Assets Management, FinTech (Rent now, Pay later), Employee Health & Wellness, and The Creator Economy
- Completing the new digital health technology that allows for whitelabling for enterprise brands and customers
- Completing The “Friendly PC” model certifications in the United States.
- Achieve organic growth for the existing portfolio companies; and
- Invest in the team and infrastructure to support further investments and scaling.
Finally, VST integrates a strong ESG (environmental, social and corporate governance) component throughout its operations. Our portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. We are also dedicated to giving back to the communities in which we serve and operate. The Company’s mandate is to assist organizations through its time, talent and treasure. The Company is committed to organizations that provide services in the youth, mental health, special needs, sport, tech, education, marginalized groups, First Nations, and accessibility sectors.
Stats Perform, the global leader in sports AI, data and technology, has announced an official data partnership with the Northern Super League (NSL). The partnership will allow world-leading Opta data to be collected live from every NSL league game for the next three years.
Beginning this month, the Northern Super League (NSL) establishes a new era in Canadian sport as the country’s first professional domestic women’s soccer league — an ambitious and transformative initiative co-founded by former Canadian international and Olympic medallist Diana Matheson. Its inaugural season kicks off on April 16 and will feature six teams who have assembled multinational player rosters with extensive club and international experience, including 100-cap Canadian internationals Desiree Scott and Quinn.
Once the action begins, detailed data from every on-ball event, including advanced AI-powered Opta Analytics metrics such as Expected Goals (xG) and Expected Assists (xA), will be captured and distributed via feeds and Stats Perform products, including OptaAI Studio. This will enable various broadcasters, publishers and rights holders to generate stories and insights throughout the NSL season and provide them straight to the league’s fans in real time.
As part of the agreement, the NSL’s League Office and every NSL club will also have access to Opta Search, part of OptaAI Studio. This will allow their content creators to leverage all Opta data collected during the NSL season in the creation of data-led stories on the stand-out performers, and will help them generate key talking points for publication on official league and club platforms. Opta Search will also empower the NSL’s media team to create a range of data visualizations, including player shot maps and touch maps, to visually illustrate the impact of different players’ on-field performances.
Christina Litz, NSL President, said: “We are thrilled to have Stats Perform on board as our official data partner. When we talk about detailed performance data in soccer, Opta is the gold standard, so we are delighted to have it powering each of our official digital channels. As the season progresses, we want to put the spotlight on all the on-field heroes who emerge and having access to world-class data will help us tell their stories and inspire a new generation of Canadian soccer fans.”
Steve Xeller, Chief Revenue Officer at Stats Perform, said: “Stats Perform has been a huge supporter of expansion leagues around the world, so we are very pleased to be partnering with NSL in the lead-up to their first domestic campaign. Seeing a fully professional women’s soccer league launch in Canada is an incredibly exciting development for the sport in North America and we see considerable potential in working proactively with the League’s Head Office to help the competition grow, using the power of AI and data-led storytelling to build fan communities across the continent.”
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Africa
INCENTIVE GAMES SIGNS EXCLUSIVE DISTRIBUTION DEAL FOR NORTH AMERICA, EUROPE, SOUTH AFRICA AND UK WITH LIGHT & WONDER
Leading B2B games provider, Incentive Games, today announced its new agreement with premium gaming company and content provider Light & Wonder, Inc.
Through this agreement, Incentive Games will distribute its premium pay-to-play games – including new arcade-style titles – to key global regulated markets including the USA, Canada, South Africa, UK, and within Europe via Light & Wonder’s extensive operator network. Additionally, Incentive Games’ popular free-to-play content will be made available to a wider audience through Light & Wonder’s content marketplace.
The agreement brings together two industry leaders in iGaming and the strengths of both companies to deliver exceptional player experiences and elevate customer engagement.
Ahmed Baker, Chief Commercial Officer at Incentive Games said, “This agreement is a landmark moment in our company’s history. Previously, we’ve worked directly with major operators such as bet365, FanDuel, and Sky Bet. Now, we can distribute our games via Light & Wonder, an exceptional aggregator that we trust will handle our games with care.”
Steve Mayes, Senior Director of Partners at Light & Wonder, said: “We are excited to work with Incentive Games, a leader in gamification solutions. We look forward to leveraging their innovative platform and bringing their customisable crash and fast game content to all major regulated markets.”
The post INCENTIVE GAMES SIGNS EXCLUSIVE DISTRIBUTION DEAL FOR NORTH AMERICA, EUROPE, SOUTH AFRICA AND UK WITH LIGHT & WONDER appeared first on European Gaming Industry News.
PENN Entertainment announced that it has launched theScore Casino, a new stand-alone iCasino app in Ontario. The dedicated online casino experience leverages the popular theScore brand, which has been a mainstay in the Ontario market for decades. Now available on Android, iOS, and desktop, customers can login using their existing theScore Bet credentials, allowing for a seamless experience across online gaming platforms.
theScore Casino operates on the same cutting-edge proprietary technology platform as PENN’s online Hollywood Casino, which launched as a standalone product in the US in December. The product was recently ranked by Eilers & Krejcik as the #2 overall iCasino product in the US.
theScore Casino, also available within theScore Bet app, offers a variety of online slots, table games, and live dealer content, including original titles from PENN Game Studios, the company’s in-house game development studio. theScore Casino also includes bespoke live dealer tables and exclusive games such as Blue Jays Blackjack, an original title leveraging theScore Bet’s partnership with the Toronto Blue Jays.
“We’re excited to introduce our dedicated iCasino product in Ontario under the well-known and trusted theScore brand. We’ve built a strong online gaming foothold in the Ontario market and are primed to deliver an even better casino experience with our proven stand-alone app. Our customer-friendly platform features more than 1200 games, dozens of original titles and intuitive game play that distinguishes our product and positions us for even greater success,” said Aaron LaBerge, Chief Technology Officer and Head of Interactive at PENN Entertainment.
The post PENN Entertainment Launches Stand-alone iCasino App, theScore Casino, in Ontario appeared first on Gaming and Gambling Industry in the Americas.
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