Tuesday, March 2, 2021

WHEN GAMBLING REVENUE SUPPORTS JOURNALISM

 Torstar Corp. is making a gamble of its own with plans to start an online casino betting business in 2021 once it goes through a consultation and approval process with the Ontario government, the publishing company announced Monday.

The Toronto-based company, which publishes the Toronto Star and numerous other print and online publications in Ontario, has made a number of diversification announcements in recent months.

Torstar in January formed a partnership with retailer Golf Town to buy ScoreGolf Magazine and related content.  In February, Torstar announced a partnership with Onlia, an online home and auto insurance provider.

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