Karsten Wenzlaff, Advisor
August 26th, 2025
July 9, 2026

Source: Bazoom
The Canadian online gambling sector is largely dominated by foreign brands - but domestic operators, and local companies supplying back-end tech or other services to the big names, are also booming. With the market now worth $9.5 billion a year in revenues, picks and shovels are proving a profitable investment.
This piece will look two key domestic brands in Canada's online gambling space, as well as why they're currently not on the level of international competition. And then analyze the potential state of the market going forward, including a new launch in Alberta.
Canada's online gambling system is currently fragmented. The most populous province of Ontario has it's own regulated and licensed market, with Alberta soon set to follow that model. The other states are served by a mix of provincial-backed operators and offshore operators across the globe.
One of the biggest international operators serving markets across North America is Stake. A look at something like the Stake promo code page at Sportsbook Review tells you there's a lot of interest in this one operator's offers and the comparison sites that break them down for players. If you want to compare the offers, you can find more information here, which also shows how competitive the market is, with customers expecting detailed analysis before making a choice.
Despite being a popular market, the prior state of regulations has limited the capacity for Canadian gambling brands directly serving Canadian players. Before Ontario opened its market in 2022 such an operation would have been illegal in many provinces. But in 2026, this has changed. There are now several large Canadian-based gambling companies that directly supply Canadians and keep revenues and taxes in the local economy.
Examples include theScore Bet, Betty and Bet99 among others. Although these brands can't compete with international giants that dominate the market, they are nevertheless making respectable revenues. TheScore Bet is probably the biggest and most established operator. However, although still based in Toronto it is now a subsidiary of American giant Penn Entertainment.
As well as B2C online gambling, Canadian companies are also big in the B2B gambling space. Bragg Group, based in Toronto, provides back-end gaming services for many international gambling brands including those now licensed in Ontario, while Geocomply, based in Vancouver, is a global provider of geolocation technology used to ringfence online gambling in certain jurisdictions worldwide.
Canada's homegrown gambling operations have done well from the Ontario market. However, with big competition from established US brands and offshore operators elsewhere, expanding the locally-licensed market to Alberta will be seen as a massive opportunity.
All three of the Canadian-based betting platforms mentioned above have applied for a license in Alberta, to launch when the market opens.
With the total custom expected to hit an estimated $400 million operators (before the 22% revenue sharing agreement with province) in just the opening half year. That means even if local operators take a smaller slice of the pie than giants like DraftKings and FanDuel, the revenue potential is still significant.
Provincially owned betting platform PlayAlberta may also remain a significant player. Although it failed to attract enough attention away from the offshore market for the government to be entirely happy with it, the site still has its players. However, rumours are now the government is going to get tax money from private operators it no longer sees the expense of running it as worthwhile and so rumors are it could be for sale to private operators.
Then there are the back-end tech suppliers poised to profit, whoever wins the market share race in Alberta. Among Bragg Gaming's clients are many local and international operators - including both DraftKings and FanDuel.
While the Canadian gambling market is booming, and possibly set to see even further growth when Alberta's market opens, things have not always been straightforward for operators or public opinion.
Politicians and the public are more aware than ever of responsible gambling, and compliance costs for Canadian-based gambling operators are high. They also face advertising restrictions that international offshore operators do not nationally, although regulators in Ontario have been looking to curb both kinds of gambling advertising.
Customer acquisition costs are also high, especially when operators compete on a new market. Alberta will offer another chance for smaller Canadian gambling brands to start on a new playing field against the big operators. However the financial clout of FanDuel, for example, often allows them to offer bigger bonuses. Because they can more easily swallow the cost of a player getting lucky of the bonus and winning big.
Nevertheless, in a competitive market that is new for Albertan customers, a locally-based option may prove well placed. Only time will tell. Certainly many companies are betting on Alberta, with more than 45 operators registered for launch ahead of the July 13 opening day. With Ontario's market posting huge revenues and tax dollars since 2022, few would bet against a similarly successful launch.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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July 8, 2026

PHBingo has earned a lasting place in Filipino entertainment because it succeeds at something many games struggle to achieve: it is easy to understand from the moment a player sees it.
Long before online gaming platforms existed, bingo cards were already appearing at community gatherings, fundraising events, town celebrations, and local peryas.
The format was simple enough for newcomers to follow while remaining engaging enough to keep participants invested until the final number was called.
What has changed over the years is not the game itself but the environment surrounding it.
Number generation, card monitoring, and winner verification happen through automated processes, creating a more streamlined experience without altering the mechanics that define bingo.
This shift has made the game more accessible than ever. Players no longer need to wait for a scheduled community event or gather enough people to fill a venue.
Sessions can take place online, allowing participation from virtually anywhere with an internet connection.
GameZone embraces this accessibility while introducing players to a much broader entertainment ecosystem. While many users arrive looking specifically for PHBingo, they often discover a collection of games inspired by familiar Filipino experiences.
The platform serves as a bridge between traditional recreational activities and modern digital systems, preserving recognizable concepts while making them easier to access.
In that sense, bingo functions as more than a standalone game. It acts as an entry point into a wider world of Filipino-inspired entertainment that continues to evolve alongside technology.
The connection between bingo and peryagames is easy to understand once their shared qualities become apparent. Both rely on straightforward participation, visible outcomes, and rules that can be learned quickly through observation.
These characteristics helped make them popular in traditional carnival settings and continue to support their relevance in digital environments today.
GameZone extends this spirit through several peryagame-inspired titles that retain the accessibility associated with local fairs and fiestas.
Among the most recognizable is Color Game, a digital adaptation of a classic carnival attraction.
Players select colors before the outcome is determined through a dice-based process. The concept requires little explanation, making it approachable even for first-time participants.
Another example is Pinoy Drop Ball, which revolves around a visible ball-drop mechanic. Players watch the ball move through a structured course before arriving at a final position that determines the result.
Because every stage of the process can be followed visually, the game remains easy to understand while maintaining anticipation throughout each round.
What makes these titles noteworthy is their ability to preserve familiar entertainment concepts while benefiting from the convenience of digital infrastructure.
The games remain approachable, but the surrounding systems offer improved organization and efficiency compared to traditional physical setups.
For players who begin with PHBingo, these games often feel like a natural next step. They maintain the straightforward participation that many users appreciate while introducing different formats and presentations.
By bringing these experiences together under one platform, GameZone creates an environment where traditional Filipino gaming culture can continue thriving in a format suited for modern audiences.
One of the more interesting aspects of GameZone's catalog is its willingness to experiment with presentation styles while maintaining consistent operational standards.
Beyond traditional bingo and carnival-inspired titles, the platform includes several branded experiences that introduce recognizable personalities and alternative gameplay formats.
A notable example can be found in PacMan's Bingo Boom and PacMan's Color Game.
Unlike conventional game sessions, these titles feature livestream-style presentations with real hosts guiding players throughout the experience. The hosts contribute energy and interaction, creating a format that feels more dynamic and communal.
Despite the live presentation, the platform maintains a clear separation between entertainment and outcome determination.
Results continue to depend on certified randomization systems and established verification procedures rather than host involvement.
GameZone also highlights one of the country's most celebrated sports figures through Manny Punch and Pacquiao Fortune. Manny Punch introduces gameplay conditions that allow users to navigate different levels of risk and reward.
Pacquiao Fortune, meanwhile, adopts reel-based mechanics that provide an alternative style of play compared to traditional bingo formats.
Together, these games demonstrate how online gaming libraries can expand without losing structure. Each title offers something distinct, yet all remain connected through the same operational framework.
For players exploring beyond PHBingo, these additions reveal how diverse the platform has become.
The variety is not simply about offering more games but about presenting different experiences while maintaining consistency, oversight, and verified gameplay systems.
The value of a gaming platform extends beyond the games themselves. While engaging titles attract players initially, long-term participation often depends on the systems that support the overall experience.
GameZone places significant emphasis on organization and operational reliability. Before participating, users complete registration and verification procedures designed to help maintain account security and platform integrity. These requirements create a more structured environment while supporting responsible platform management.
Financial transactions are also supported through widely recognized payment channels. Players can make deposits and withdrawals using services such as GCash, Maya, and QRPH-supported options, allowing convenient access to account funding and payouts.
Equally important are the systems responsible for gameplay administration. Automated card tracking, verified results, and certified randomization processes help maintain consistency across the platform's various titles.
Whether a player joins PHBingo, Color Game, Pinoy Drop Ball, Manny Punch, or Pacquiao Fortune, the same commitment to operational standards remains in place.
New players can easily learn the games, while returning users benefit from structured systems designed to support a reliable experience.
PHBingo may be what introduces many players to the platform, but it rarely tells the whole story.
Once users begin exploring, they encounter a collection of games inspired by Filipino traditions, modern presentation styles, and regulated digital operations.
Together, these elements create an environment where familiar entertainment concepts continue finding new audiences online.
Q: What is a peryagame?
A: A peryagame is a carnival-style game commonly associated with Filipino fiestas, fairs, and community celebrations.
Q: How does GameZone operate Bingo?
A: GameZone presents bingo through livestream sessions with real hosts while maintaining automated verification systems.
Q: Who is Manny Pacquiao?
A: Manny Pacquiao is a world-renowned Filipino boxing champion and former welterweight titleholder.
Q: How do I make a GameZone account?
A: You need a valid government-issued ID and an active mobile phone number.
Q: How do I deposit and withdraw earnings from my wins?
A: Through trusted online payment services such as GCash, Maya, GrabPay, and QRPH-supported channels.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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July 8, 2026

Adopt a consistent staking strategy. Establish a clear plan regarding how much to wager on each round. For instance, consider starting with a small portion of your balance and gradually adjusting your bet size based on your winnings or losses. This method helps in preserving funds while allowing for potential growth.
Optimize your timing for adjustments. It’s critical to recognize patterns in previous outcomes, not for predictions but to inform your next move. For example, if you notice a series of low multipliers, increasing your bet size slightly on the next roll might yield better returns. Monitor rounds closely for any potential trends that can guide your decisions.
Manage your emotions effectively. Maintaining composure during both winning and losing streaks is essential. Establish a fixed profit goal and a loss limit to avoid risky behavior. By sticking to predetermined limits, you ensure that your approach remains disciplined, preventing impulsive decisions that could lead to significant losses.
Engage in community discussions focused on techniques and experiences. Connecting with fellow participants can provide valuable insights and enhance your understanding of various tactics. Sharing knowledge can help refine your own methods and highlight effective practices that might not be immediately obvious.
To excel in the environment of this platform, mastering the mechanics is crucial. The primary aspect of play revolves around multiplying your bet amount before a specific point is reached. Pay close attention to the multiplier that increases throughout the round, which affects potential winnings. Observing previous rounds can provide insights on patterns, helping to devise a betting strategy that minimizes risks in crash games.
Each round presents a varying multiplier, influenced by complex algorithms. The multipliers can exponentially rise; hence, understanding the peak points from past statistics can guide decisions. Players often choose to cash out at a particular multiplier based on calculated risk tolerance. Regularly tracking the averages can result in informed choices regarding when to retrieve funds or increase stakes.
Another significant element is the volatility factor. Some sessions may exhibit moderate increases while others may be erratic. Analyzing this variability aids in setting expectations and adjusting gameplay accordingly. Balancing risk and reward within your limit is imperative; setting boundaries protects you from substantial losses during streaks of unpredictability.
Establishing a clear bankroll management strategy is advisable. Adequate planning involves determining the total available funds and dividing them into sessions, ensuring sustainable play. This approach minimizes the risk of depleting your resources quickly and allows players to engage consistently over time, creating more opportunities for favorable outcomes.
Lastly, players should consider the psychological aspect of gameplay. Remaining calm and making rational decisions amidst rising multipliers is fundamental. Emotional choices can lead to impulsive betting behavior, which often culminates in losses. Adopting a disciplined mindset aids in maintaining focus and sticking to your predefined strategies for a more successful experience.
Set a clear budget before participating. Determine the maximum amount you are willing to risk for a session and stick to it. This clearly defined limit will help you avoid impulsive decisions that could lead to excessive losses.
Consider adopting a staking plan that aligns with your risk tolerance. For instance, the flat betting approach, where you bet the same amount each round, can provide stability. Alternatively, a percentage-based method allows you to adjust your bets according to your bankroll fluctuations, ensuring a more flexible strategy.
Monitor your performance closely. Keep track of wins and losses to analyze trends in your betting patterns. This data can provide insights into your decision-making process, helping you make adjustments to your approach for better results.
Set specific time limits for your gaming sessions. Limiting the duration can protect you from losing track of your bankroll. Regular breaks can also refresh your mind, enabling clearer decision-making during gameplay.
Refrain from chasing losses. If you experience a downturn, avoid the temptation to increase your bets in hopes of recovering quickly. Such behavior often leads to more significant losses and can derail your budget.
Finally, know when to withdraw. If you've reached a notable profit, consider cashing out a portion of your winnings. This tactic can help secure gains and prevent the entirety of your bankroll from being at risk in subsequent rounds.
Monitor history closely to identify patterns. Data from active sessions reveals fluctuations in multipliers; consistent peaks often indicate optimal cash-out moments. Tracking these trends assists in determining the best times for withdrawal, significantly enhancing profit potential.
Utilize a mathematical approach by calculating average multipliers over several periods. A table outlining these averages can help clarify key cash-out points. For example:
| Time Interval | Average Multiplier |
| Last 30 Minutes | 1.75 |
| Last 1 Hour | 1.85 |
| Last 3 Hours | 2.00 |
| Last 6 Hours | 1.90 |
Consider the volatility index; a higher index suggests that you should adjust cash-out timing to avoid risky scenarios. Aim for consistent multipliers over a period of time to secure better returns. Early cash-outs during unstable spikes can minimize losses.
Evaluate player statistics. Observing withdrawals of other users can inform individual strategies. A rise in communal cash-outs often precedes downturns, thereby indicating a better time for personal withdrawals.
Incorporate psychological factors into decision-making. Emotional responses to rapid changes can lead to poor choices; maintaining a rational approach is key. Establish preset limits for cashing out to adhere strictly to your strategy during gameplay.
Finally, consider external influences such as player activity during peak hours. Busy periods often lead to increased volatility and risk, while quieter times may present safer opportunities for cashing out. Balancing these elements leads to more calculated financial choices.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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July 3, 2026 | NCFA Fintech Market Activity | Capital Markets And Market Infrastructure, Capital Formation, Digital Securities, Private Markets, Fintech And Innovation

On July 2, 2026, a Vancouver private investment platform listed on the TSX Venture Exchange Parvis signed a binding agreement to acquire Atlas One Digital Securities, a registered exempt market dealer operating across Canada.
The deal hasn’t closed. Completion still requires customary closing conditions, regulatory approvals, and TSX Venture Exchange approval.
Atlas One was founded in Vancouver in 2020 and received EMD registration through the CSA Regulatory Sandbox in January 2021. It has helped more than 40 issuers raise over $115 million across real estate, private equity, and alternative assets.
This acquisition isn't mainly about Parvis getting a dealer licence, since it already has exempt market dealer capability through Parvis Investment Services. The stronger motivation is scale. Atlas One adds issuer relationships, investor reach, operating history, and another Canadian private markets team.
Parvis CEO David Michaud said Atlas One brings “a strong issuer network and a national investor base.” Atlas One CEO George Nast pointed to “greater product breadth, stronger compliance capabilities, and scale.”
This transaction is about combining two regulated private market operators so the business can serve more issuers and investors with fewer disconnected handoffs.
Private investment platforms can launch websites, investor portals, and digital onboarding, but private placement distribution remains the hard part.
A raise can still involve separate issuer outreach, dealer relationships, KYC, suitability checks, subscription documents, payment handling, investor updates, and reporting. Dealers need enough volume to justify diligence, supervision, and compliance work. Smaller issuers can struggle when the economics don’t work for intermediaries.
Technology can help, but only when it works with regulation rather than around it. EMD selling group rules show how dealer coordination, settlement, and distribution mechanics can affect exempt market fundraising.
The Parvis and Atlas One agreement belongs in that conversation. The challenge is whether regulated private market distribution can become easier to run at scale.
The Atlas One agreement follows Parvis’s planned U.S. expansion.
In May 2026, Parvis signed a binding letter of intent to acquire FavorPoint Capital, a FINRA registered broker dealer. Parvis said that deal was intended to help Canadian issuers access U.S. private capital markets.
Together, the Atlas One and FavorPoint deals suggest Parvis is trying to build regulated private market distribution across Canada and the U.S.
That strategy depends on more than adding companies. It requires issuer supply, investor reach, dealer permissions, compliance processes, reporting, and enough operating scale to make private raises easier to run.
While the transaction still needs approvals. Parvis also has to integrate people, issuer relationships, investor records, compliance processes, and technology. It's important work because private market platforms can’t scale on marketing alone. They need clean operations behind the investor experience.
Watch for:
The proposed deal fits areas mapped in NCFA’s Financial Innovation Map, such as capital formation, private market access, digital securities, exempt market distribution, alternative assets, and investor onboarding.
Parvis and Atlas One won’t fix Canada’s private capital market on their own. If approved however, it could show whether a Canadian platform can combine issuer access, regulated distribution, onboarding, reporting, and investor reach without adding more complexity for investors.
If Canadian private market platforms combine issuer networks, investor access, regulated distribution, and reporting in one place, will more companies raise capital outside traditional venture and public markets?
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer to peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: [www.ncfacanada.org](http://www.ncfacanada.org)
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