Ontario Gives Bingo a Boost
The government of Ontario has decided to invest over $645,000 into two digital economy programs in a bid to support local business ventures. The move is also intended to help to generate more innovation when it comes to gaming in the North.
At the end of the day, the money will assist in advancing online bingo gaming operations, hopefully propelling Ontario and its industry leaders to star status in the sector. Commenting on the move, Sault MPP Ross Romano noted that it sends a ‘clear message’ to Northern Ontario that the local industry is ready to sweep the nation off its feet.
Canada Banknote Co. will be receiving around $500,000 of the money, which has been granted by the Northern Ontario Heritage Fund Corporation. The financial assistance will enable the firm to develop a market-leading virtual bingo management system that will set Canada Banknote apart from the fierce competition currently at play in the country.
Bingo Management System in Progress
To elaborate further, an iGaming management system is an IT-based solution that manages and delivers gaming opportunities through a dedicated charity gaming center. The games on offer include sessions of the title mentioned above, along with various side game options and third party titles as well.
Canada Banknote’s system will assist in managing prizes and sales, tracking inventory, showing key details to players using advanced audio-visual features, managing punters’ accounts, and handling financial management and reporting from behind the scenes. Romano says that with the funding for the new Ontario project, the company will be able to expand its charitable gaming operations out of the province as well.
The program is expected to create 5 new jobs for locals, and will also retain an existing 20 work positions in Sault Ste. Marie.
Insight Works to Receive $145,920
The other recipient of the remainder of the funds will be Insight Works Learning and Development. The company will receive $145,920 that will go towards creating training and development software to translate into mobile apps, web browsers, web-based apps and desktop computer programs. The aim of the software is to assist organizations to recruit, develop, train and retain new staff members through ground-breaking interaction and the latest 3D learning innovations.
Of this development, Romano noted that it will help companies to reach brand new markets, not to mention creating four new full-time positions in Sault Ste. Marie. Insight Works engineers customized training and development service apps using their own proprietary range of interactive 3D technologies, which Romano says will help to strengthen the virtual economy sector and create vibrant new communities throughout the Northern Ontario area.