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GAME PLAY NETWORK EXPANDS LEADERSHIP TEAM WITH FOUR INDUSTRY INNOVATORS

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Game Play Network, Inc.  –  which offers iGaming to 40% more of the population than any other provider – announced four additions to its leadership team: Aaron Fischer, CFO and Chief Strategy Officer; Sam Kiki, Chief Commercial Officer; Bryan Lindsey, SVP of Gaming Operations; and Tod Lower, Chief Operating Officer. This seasoned team of gambling industry veterans will help take GPN’s first-of-its-kind iGaming platform into its next stage of growth and accelerate the company’s footprint as it opens up unrivaled access to iGaming beyond the 22 states in which it operates today.

“We’re committed to investing in great talent to continue our long history of pioneering the iGaming marketplace,” said David Marshall, co-founder, and CEO of Game Play Network. “The additional expertise Aaron, Sam, Bryan, and Tod add to our team is second to none. Bryan has a long history of building and running entertainment and gambling venues. And the reunion of the Aaron and Sam duo, who together took MGM Resorts to the leading edge of digital wagering with BetMGM, will undoubtedly be a rocket booster to the company.”

Added Russell Fine, President and Chief Technology Officer, “Tod is a proven change management leader, with a track record of driving operational excellence and high growth on both the top and bottom lines.”

“I am excited to join a leading innovator in the gaming industry,” shared Aaron Fischer. “We are accelerating the strategic execution and implementation of our iGaming B2B business model, which expands the TAM and profitability for our strategic partners, while building substantial enterprise value for GPN stakeholders.”

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Aaron Fischer joins Game Play Network as its Chief Financial Officer and Chief Strategy Officer. He will be responsible for GPN’s corporate strategy, business development, investor relations and capital markets strategies. Before joining GPN, Aaron served as the Chief Strategy Officer for MGM Resorts International, where he led corporate strategy across the brand’s global portfolio, including online sports betting and iGaming. Previously, he spent twelve years at CLSA as the Head of Consumer and Gaming Research. Aaron also worked for five years at Goldman Sachs as an equity research analyst specializing in luxury goods. He started his career as an accountant at Arthur Andersen in Australia.

As the company’s new Chief Commercial Officer, Sam Kiki will be instrumental in driving the B2B growth engine and further commercializing the company’s unique platform. In his new role, Sam will oversee all B2B partnerships with online gaming companies, game developers, technology providers and social game companies. He will also co-direct capital market activities with Aaron Fischer. Sam currently sits on the Board of SuperDraft, Inc., Caesars Entertainments’ daily fantasy platform. Previously, he was the Head of Strategy at Caesars Entertainment where he orchestrated the brand’s online sportsbook and iGaming strategy, which led to the $4B acquisition of William Hill as well as the strategic investment into SuperDraft. Sam also co-led many other social gaming, live dealer and business development projects at Caesars including its unified wallet project. He was also instrumental in Caesars PR and media presence in the online wagering industry and assisted in separate transactions with ESPN and the NFL, deepening both partnerships in the process. Before Caesars, Sam advised a U.S.-based private equity firm and was responsible for due diligence on interactive investments for one of its publicly listed vehicles. He also held an operational role at MGM focusing on interactive gaming, sports betting, corporate strategy and investor relations. Sam graduated with a B.A. in neuroscience from Amherst.

Bryan Lindsey joins GPN as its Senior Vice President of Gaming Operations. With more than 25 years of experience building successful companies both domestically and internationally, Bryan will leverage his expertise in gaming operations, integrated resort strategy and casino marketing. With his depth of knowledge in brick and mortar gaming operations, he will lead GPN”s expansion into retail deployments nationwide. He began his career in food & beverage operations, joining Robert Earl running many of his international-themed restaurant brands. Bryan then joined Las Vegas-based billionaire brothers Frank and Lorenzo Fertitta at the Gordon Biersch Brewing Company, which grew to become the largest brewery restaurant group in the U.S. He continued his successful run with the Fertitta brothers, making his way to Station Casinos in the early stages and was instrumental in their explosive local and national growth. Station Casinos / Red Rock Resorts, the publicly traded casino empire that dominates the Las Vegas locals market, is where he cut his teeth in gaming and resort operations. Bryan was President and General Manager of Red Rock Resort before he joined Wynn

Resorts as a Senior Level Consultant. He worked closely with CEO Matt Maddox and President & CFO Craig Billings on operations, gaming strategy, loyalty programs, marketing and data science.

As GPN’s new Chief Operating Officer, Tod Lower is responsible for its day-to-day business operations, such as supporting strategic initiatives and accelerating revenue growth and profitability. He brings over twenty years of operational experience across complex, competitive business environments. Early in his career, Tod served as a Vice President at Bank of America with responsibility for creating innovative analyses of business strategies, models and performance metrics. This led to Tod becoming the Chief Operating Officer of GC Aesthetics, an emerging company in the global medical industry, where he was responsible for building the operations of the company which led to its growth and success. Most recently, Tod spent seven years leading the LVNV Group, a highly specialized boutique firm focused on the strategic transformation of global organizations seeking demonstrative change and transformative results. While there, he worked with MGM Resorts to implement development, collaboration and cultural changes to increase synergies across a number of departments. As the company’s COO, Tod will leverage his extensive experience in the global gaming, entertainment, hospitality and banking industries.

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AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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The Alcohol and Gaming Commission of Ontario (AGCO) has mandated all Ontario-registered sportsbook operators to halt offering and accepting wagers on World Boxing Association (WBA) events immediately. This measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against match-fixing and insider betting.

Since December 2023, the AGCO has been conducting a comprehensive review of suspicious wagering activity on a WBA-sanctioned title fight between Yoenis Tellez and Livan Navarro that was held in Orlando, Florida. Suspicious betting patterns on the bout lasting over 5.5 rounds were reported to the AGCO by two registered independent integrity monitors and detected in Ontario by a registered igaming operator. Media reports also alleged that Tellez’s Manager placed $110,000 on the match lasting longer than 5.5 rounds at a Florida casino. The bout ended with Tellez knocking out Navarro in the 10th round.

Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.

The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have and enforce codes of conduct that prohibit betting by insiders.

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Registered gaming operators were unable to demonstrate to the AGCO that the WBA prohibits betting from insiders, which could include an athlete’s coaches, managers, handlers, athletic trainers, medical professionals, or others with access to non-public information. Further, registered gaming operators were unable to demonstrate that the WBA took any action to investigate or enforce the allegations of potential match-fixing and insider wagering.

The AGCO has indicated to registered operators that in order for WBA betting products to be reinstated in Ontario, operators must demonstrate that the WBA effectively supervises its events, thus bringing them into compliance with the Registrar’s Standards. In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards. Within a month, UFC amended its policies and implemented new protocols that allowed the AGCO to reinstate betting on UFC events in the province.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body. Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed,” Dr. Karin Schnarr, Registrar and CEO of AGCO, said.

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Andrew Cochrane Chief Business Officer of GiG

GiG increases Ontario market presence, powering the launch of Casino Time

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Gaming Innovation Group Inc. (GiG), has announced the launch of Casino Time, powered by its award winning iGaming platform and pioneering real-time rules engine LogicX, with revolutionary sportsbook, SportX soon to follow, to further extend its footprint in the regulated Canadian province of Ontario.

The launch of Casino Time carries extra significance, marking only the second time that on-demand, regulated online Bingo has been made available in Ontario. The new Bingo product vertical, launched alongside a strong Casino offering, will be boosted by GiG’s new sportsbook, SportX, as part of a planned release later this year.

GiG has focused its solutions on driving exponential growth in revenue for operators with its highly scalable iGaming platform, offering localised third party content and leading suppliers for the Ontarian market. GiGs peerless gamification layer creates an optimised and immersive casino experience tailored to regional preferences, swelling client retention and player engagement.

Canadian owned and operated, Casino Time is a joint venture amongst leading retail operators in Ontario’s Charitable Gaming sector, delivering Bingo, Slots and Live Dealer Casino Games. Promising a personalised service and community experience, Casino Time is continuing its long-standing partnership with local charities, introducing its joint fundraising model into the iGaming space for the first time.

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Now coming towards the end of its second year of licensed operations, Ontario has emerged as one of the largest iGaming markets in North America, second only to New Jersey according to data supplied by Vixio. The first and as yet only Canadian province to launch a regulated market, Ontario boasts more than 1.6 million active player accounts spread over 40 plus operators, generating €1.3 billion in Gross Gaming Revenue (GGR) in its first year of trading, with this data supplied by iGaming Ontario.

Andrew Cochrane, Chief Business Officer of GiG, said: GiG continues to set the pace with a strong cadence of brand launches in 2024, and I’m pleased that when operators are seeking platform solutions in regulated markets, GiG is leading the pack. Our partnership with Casino Time, will help deliver something new and exciting to the Ontarian market, and further helps to demonstrate the flexibility of our solutions, adapting to match the regional aspirations of our partners to deliver growth.

D’Arcy Stuart, CEO of Casino Time, said: “We are thrilled to partner with GiG as the core technology provider of our iGaming platform. Their powerful suite of player engagement tools, as well as diverse content and regulatory integrations, underpin our ability to serve and delight our player community. Our hybrid online and offline customer network, as well as unique bingo offerings, will drive exciting opportunities as the platform and the marketplace continues to grow.”

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Glitnor Group expands IBIA’s betting integrity presence in Ontario

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Glitnor Group, operating under the LCKY Group in Ontario, has joined the International Betting Integrity Association (IBIA). Glitnor Group’s luckycasino.ca brand sportsbook will feed into IBIA’s world leading betting integrity monitoring platform. The operator joins over 50 companies and 125 leading sports betting brands in IBIA and further cements the association’s position as the leading sports betting integrity monitoring body in Ontario and globally.

David Schwieler LCKY Group CEO, said: “At Glitnor Group, we’re dead serious about keeping our betting games fair and square. That’s why teaming up with IBIA is a big deal for us. We know how crucial it is to protect the spirit of sports, and we’re ready to roll up our sleeves and work closely with the IBIA to make sure sports betting stays exciting, speedy, and above all, fair.”

Khalid Ali, CEO of IBIA, said: “I am delighted to welcome Glitnor Group as IBIA’s latest member in Ontario. Glitnor and IBIA share a common goal to maintain the integrity of the sports betting marketplace and to protecting consumers and sports from match-fixing. Ensuring product integrity is paramount to our approach and we look forward to integrating Glitnor within our leading global sports betting integrity monitoring system.”

IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.

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Through the IBIA global monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members have over $300bn per annum in betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.

IBIA recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports betting of 92% in 2024 forecast to rise to 97% in 2028. IBIA currently represents over 60% of the private sports betting operators licensed in the province. All online sports betting operators licensed in Ontario are required to be part of a betting integrity monitoring body.

IBIA’s 2023 annual integrity report detailed 184 alerts reported in the year, which represents a decrease of 101 (or 35%) on the revised 2022 figure of 285 alerts. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023, an increase on the 15 sanctioned in 2022.

The post Glitnor Group expands IBIA’s betting integrity presence in Ontario appeared first on European Gaming Industry News.

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