Jumbo Interactive Gets British Columbia License

Gaming group Jumbo Interactive has announced that it has been granted a gaming license in the province of British Columbia, letting it provide its lottery services moving forward.

The company is a subsidiary of Stride Management Corp, and it has said that its goal is to expand within its native Canadian market, and is eyeing that expansion in Ontario and British Columbia. The company has stated that they've also applied for a license with Ontario's Alcohol and Gaming Commission to get the right to provide services there.

In addition to the licensing news, Jumbo announced that company president Dean Faithfull will be retiring at the end of the year and will be replaced with Stride veteran Shane Simmons.

Regarding the licensing Jumbo Interactive CEO Mike Veverka said, "With over three times the population of Alberta and Saskatchewan, Ontario and British Columbia represent a compelling growth opportunity for Stride to expand its client base.

"I would like to thank Dean for his leadership and significant contribution to Stride over the last two decades.

"I am also very pleased to announce the appointment of Shane to replace Dean. He brings a deep understanding of the Canadian charity lottery market and will facilitate a smooth transition which has already been in progress for some time."