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Threat of crackdown looms over online gambling industry in Canada

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The Canadian government’s friendly attitude towards online gambling is fading fast.

A new bill titled “Quebec’s Bill 74,” which is awaiting a court decision, could prevent foreign online gambling operators from taking too much of the revenue generated by the Canadian online gambling industry.

Canada’s existing online gambling laws allow for betting on an online gambling site, provided the operator does not have any offline gambling establishments in Canada. This is a big hit for the provincial casinos that operate their own websites like Espacejeux and PlayNow.com. Legislators are also concerned that a significant number of Canadians are playing an offshore websites and all that revenue is not being taxed.

Estimates show that the Canadian online gambling industry generated CAD$17.3 billion for 2017.

Bill 74 which was passed by the Quebec legislature in 2016 looks to address all of these issues. The bill also looks to get local Internet Service Providers (ISPs) to block foreign online casino sites and prevent gaming revenue from going out of the country. Quebec already blocked access to illegal poker sites in 2015 due to revenues being eaten up.

Loto-Quebec Pushing Hard For Bill To Take Effect

The bill has not gained as much momentum as Loto-Quebec would have expected but things are changing quickly. Loto-Quebec which operates EspaceJeux.com is the gambling body in Quebec that passes on all of the profits from EspaceJeux.com to the government. The operator has pointed out in the past that their profits have dropped while profits for foreign operators have increased. Loto-Quebec was willing to allow foreign operators to offer services in Quebec provided they were willing to share a percentage of their profits with them.

Loto-Quebec has a list of 2000 gambling websites that they have handed over to ISPs so that they could be blocked. However, several ISPs did not want the burden of handling the job. So they, along with civil rights activists who did not like the idea of the government handing down restrictions, formally filed a complaint against it. The court case has been delayed until March 2018 and is still awaiting resolution. Many legal scholars believe though that the case will end up going all the way to Canada’s Supreme Court.

If the court does agree in favour of Bill74, it would set a precedent that Canadian provincial governments would be able to restrict Internet access – and may lead to other provinces following Quebec’s lead.

Source: top10pokersites.net

Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Week 29 slot games releases

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weekly-slot-releases-1-2 Week 29 slot games releasesReading Time: 4 minutes

 

Introducing Sherlock of London2122-96 Week 29 slot games releases, the latest online slot from award-winning entertainment provider Microgaming. Developed exclusively by Rabcat, the creators of Castle Builder II2122-97 Week 29 slot games releases and Crystal Rift2122-98 Week 29 slot games releases, Sherlock of London2122-99 Week 29 slot games releases brings the excitement and intriguing adventures to life in the form of a thrilling five-by-three reel, 25-payline online slot. Through the sinister smog of old London, a legendary sleuth and his trusty companion are hot on the trail of big wins.

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Twin Casino is proud to announce the release of their first online slot game, Banana Odyssey, created in partnership with Slingshot Studios exclusively for Microgaming. For the next 7 weeks you will be able to play Banana Odyssey exclusively at twin.com. Staring two Astro-chimps, Chip and Buck, this intergalactic adventure will take you to the Banana Planet, a faraway place packed with enormous riches and big wins.

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The highly anticipated new game title from Wazdan, Larry the Leprechaun, has officially been released – just in time for iGB Live! – offering players a little Irish luck as they journey through an enchanted forest in search of a pot full of gold. Larry the Leprechaun transports players into the enchanted forest where they can spin the reels in their search for the ancient Irish legend, the ultimate pot of gold. Full of exciting twists and turns, Larry the Leprechaun offers players a wide variety of special features that charm each spin. The game has 16 reels and no paylines, meaning that symbols pay on any position on the reels. What is more, players can block any symbols and re-spin the reels for a chance to get a winning combination.

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Relax Gaming, has boosted its proprietary offering with the localised and high energy game Powerspin, adding another title to its Jackpot Stars series. With 5 fixed paylines, the 3×3 video slot offers a modern twist on the classic fruit theme and is packed with bonus features that promise powerful and frequent wins. Multipliers and symbol upgrades can be won when the same symbol lands on all 9 positions thanks to the Bonus Wheel feature, while players can also choose to place a side bet to trigger the jackpot.

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Playson transports players to a place of mysticism and beauty with its latest slot, Solar Queen. The Egyptian-themed 4×5 slot with 20 lines slot features the progressive accumulation of Wild symbols and winning multipliers to pique the interest of even the most seasoned adventurers. Sun symbols trigger the Flaming Frames feature and increase multipliers, and with every tenth spin each frame is transformed into Wild symbols.

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Blueprint Gaming is inviting players to beat the banker once again in the latest addition to its popular Pub Fruit Series – Deal or No Deal: Double Action2122-100 Week 29 slot games releases. Following the success of last year’s debut release, The Perfect Play, the next incarnation of the slot game using the Deal or No Deal2122-101 Week 29 slot games releases licence, inspired by the world-renowned gameshow, delivers even more features from the classic pub fruit gaming format. Collect five or more telephone symbols to trigger the Double Action feature, where players can experience two games at the same time and double their chances of picking a box filled with top prizes.

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Microgaming has launched its latest online slot “Magic of Sahara” developed by All41 Studios. Following the release of Le Kaffee Bar, Magic of Sahara is the second game developed by All41 Studios. Conjured up with lavish art and music, the game’s enchanting atmosphere invites players into a desert wonderland filled with stacked wilds, free spins and a Token Chain feature. Casting a spell during the base game are valuable super stacked wilds, which can materialise on reels three and four, invoking magical rewards.

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Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Week 29 slot games releases

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DouYu International Holdings Ltd Raises $775 Million in U.S. IPO

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9-13 DouYu International Holdings Ltd Raises $775 Million in U.S. IPOReading Time: 1 minute

 

DouYu International Holdings Ltd, a Chinese video-streaming service which is backed by the Tencent Holdings Ltd, has raised $775 million through an initial public offering in the U.S.

DouYu sold 67.39 million American depositary shares at $11.50 apiece, at the bottom of an indicative price range of $11.50 to $14 a share. The IPO values the company at nearly $4 billion, including restricted shares issued to employees under a share-based compensation program.

In 2018, around 683 million people or roughly half the country’s population, played games on phones, computers or game consoles. The market-research firm forecasts that number will reach 878 million or nearly a third of videogamers globally in 2023.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: DouYu International Holdings Ltd Raises 5 Million in U.S. IPO

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Fortuna Becomes the Official Sponsor of Stomil Olsztyn in Poland

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8-14 Fortuna Becomes the Official Sponsor of Stomil Olsztyn in PolandReading Time: 1 minute

 

Bookmaker Fortuna has signed a deal with the Polish football club Stomil Olsztyn and become the official sponsor of the club. The contract will be valid at least until the end of the 2019/2020 season.

The joint marketing plans of Stomil and Fortuna assume activations directed to supporters and the presence of a bookmaker in the club’s social media channels.

“Involvement of the club and players in the struggle for survival of Stomil at the level of Fortuna 1st League in the spring round of the previous season made a huge impression on the whole football environment,” Leszek Haba, Member of the Board, Marketing Director of Fortuna Online Zakłady Bukmacherskie said.

“I am convinced that better days are coming for the Pride of Warmia, therefore, as Fortuna, we want to accompany the team from Olsztyn in the fight for higher and higher sporting and organizational goals. I hope that thanks to cooperation with Stomil we will strengthen our presence in the region, and the club, with our support, will soon refer to the times when, as an equal, it competed with the best teams in the country,” Leszek Haba added.

“We are very pleased that such a company recognized on the Polish market, which undoubtedly is Fortuna joined the group supporting the Club and together we will build #NowyStomil. I believe that this cooperation will bring benefits for both parties,” Robert Jurga, President of Stomil said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Fortuna Becomes the Official Sponsor of Stomil Olsztyn in Poland

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