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FIRST SASKATCHEWAN ONLINE GAMBLING SITE FOLDS
09th October, 2014 at 17:33:39
Saskatchewan-based Northern Bear Casino suspended its operations this week, two years after its controversial launch.
Bernie Shepherd, a former chief of the Canadian White Bear tribe in the Saskatchewan province, launched the online casino in partnership with Geobet in November 2012 despite Provincial Government objections, Shepherd said at the time that he was exercising his treaty rights as a First Nation operator, and that there are no obstacles to his doing so.
Economic hardships have been put forward as an explanation for the closure, the online gambling world is very competitive and costs are high, a company statement said.
Related News Tags: Canada
NEKTAN IN DISTRIBUTION DEAL WITH HIGH 5 GAMES
29th March, 2017 at 15:16:22
Significant development for Nektan.
BAAZOV SELLS A THIRD OF HIS DOMINANT STAKE IN AMAYA ONLINE GAMBLING GROUP
08th March, 2017 at 11:38:44
Former CEO sells off 7 million shares worth a total of Cdn 133 million...and still has plenty more at home.
GOOD FULL YEAR PERFORMANCE FROM CHURCHILL DOWNS ONLINE
01st March, 2017 at 14:29:38
But impacted by decline in social casino bookings.
CANADIAN PROVINCE WRITES OFF DEBT INCURRED IN INFAMOUS ONLINE GAMBLING VENTURE (Update)
19th January, 2017 at 08:52:03
Cost to the taxpayer at least Cdn1.5 million, says Auditor General.
WILLIAM HILL OPERATING PROFITS DOWN GBP 30 MILLION IN LATEST FULL YEAR REPORT
09th January, 2017 at 08:59:45
Unfavourable football and horse racing results mar the balance sheet.