Ontario Sports Betting Bet99 Deal Depends on Provincial iGaming License
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BET99 Becomes IBIA Member To Support Betting Integrity
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A deal that could let more investors gain exposure to the business of Bet99 depends on the regulator of sports betting in Ontario giving a thumbsup to the gambling website
Kings Entertainment merging with Bet99 parent
Kings Entertainment secures SEC approval for Bet99 combination
Should the deal complete current Bet99 chief executive Jared Beber would serve as CEO of the merged business with Kings CEO Steve Budin to lead the groups LottoKings operations and act in an advisory role In addition Adam Arviv the founder and former CEO of Bragg Gaming Group will become executive chair of the combined entity
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Kings Entertainment secures SEC approval for Bet99 combination
Updated May 31 Kings Entertainment Group and Sports Venture Holdings SVH the parent company of the Bet99 online sports and casino betting brand have agreed to combine their operations into one sports betting and gamingfocused company SVH is a holding company of subsidiaries that operate Bet99 a former greymarket operator in the province and one of several brands going through the
The announcement comes shortly after Bet99 secured approval from the Alcohol and Gaming Commission of Ontario and iGaming Ontario to offer online gambling services in the Canadian province Membership of an integrity body such as IBIA is a requirement for Ontario licenceholders
Kings Entertainment Group has received conditional approval from the Canadian Securities Exchange CSE to proceed with its proposed business combination with Sports Venture Holdings SVH the parent of Canadian online sports betting and casino brand Bet99
BET99 has become the latest sports betting platform to join the membership list of the International Betting Integrity Association IBIA The online sports betting and casino platform joins the IBIA not long after being approved by the Alcohol and Gaming Commission of Ontario and iGaming Ontario to provide its offerings in the province of Ontario
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Genius Sports and the National Football League NFL have entered to a Canadian video streaming licensing agreement with three sportsbook operators Bet365 Canadafacing Bet99
Bet99 a brand which has long been operating in Ontarios grey market is set to join the provinces regulated online gaming and betting market in the near future Kings Entertainment Group and Sports Venture Holdings SVH which announced a merger in May 2022 are the combined parent company of Bet99 A condition of that merger was that
Bet99 receives license to begin regulated operations in Ontario
Bet99 signs up to IBIA
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