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Torstar to launch online casino to help fund its journalism quote: Torstar Corp., owner of the Toronto Star, the Hamilton Spectator and other papers, announced on Monday it plans to launch an online casino betting brand in Ontario this year. We are excited at the prospect of participating in a regulated online Ontario gaming market with a made-in-Ontario product, said Corey Goodman, Torstar s chief corporate development officer, in a news release. After decades of being controlled by a trust owned by the families who founded the Toronto Star in 1892, Torstar was recently bought by an investment company called Nordstar, which promised to maintain the company s focus on producing world-class journalism befitting the Star s storied history. ....
A Toronto Star newspaper box is seen here in front of the newspaper s Toronto offices. Torstar, the newspaper s owner, says it plans to enter the online gaming business to support its journalism. Mark Blinch / Reuters Toronto Star is betting on it. Torstar Corporation announced Tuesday that it would launch an online casino brand later this year, pending approval by the Alcohol and Gaming Commission of Ontario. As an Ontario-based media business and trusted brand for more than 128 years, we believe Torstar will provide a unique and responsible gaming brand that creates new jobs, offers growth for the Ontario economy and generates new tax revenue to help support important programs in our province, Torstar Chief Corporate Development Officer Corey Goodman said in a statement. ....
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