Canada
Sightline Appoints Shannon Nadeau and Larry Whelan to Lead Compliance and Risk Teams
Sightline Payments has announced the appointments of Shannon Nadeau and Larry Whelan to lead Sightline’s compliance and risk departments, respectively.
Both Shannon and Larry bring decades of experience from some of the most respected gaming companies and institutions, including the Nevada Gaming Control Board, Wynn Resorts, Shuffle Master, MGM Resorts International, and Penn National Gaming.
Shannon Nadeau joins Sightline as the Director of Regulatory and Licensing Compliance, where she will oversee licensing as Sightline continues to expand into new markets. Shannon will also help advance Sightline’s responsible gaming initiatives and work with regulators to advance payments innovation across the gaming industry. Shannon most recently served as the Executive Director of Global Compliance for Wynn Resorts, Ltd. She began her career in the gaming industry more than two decades ago with the Nevada Gaming Control Board and has served in compliance roles with IGT and Shuffle Master. Shannon attended the University of Nevada, Las Vegas, where she earned Bachelor of Arts degrees in Communications and Criminal Justice. She is a Certified Compliance & Ethical Professional (CCEP) as issued by the Society of Corporate Compliance & Ethics.
Larry Whelan joins Sightline as the Director of Risk, where he will oversee the company’s risk management division, anti-money laundering efforts, and fraud prevention activities. Larry will be responsible for monitoring the millions of transactions that occur annually across Sightline’s more than 1.5 million cardholders. Larry will also manage Sightline’s risk team, which continuously monitors transactions across Sightline’s partners. Larry most recently served as Vice President of Compliance for Interblock Gaming. During his nearly 30-year career in gaming, Larry has served in leadership roles at Wynn Resorts, Penn National Gaming, Station Casinos, Caesars, and MGM Resorts International. Larry holds a Bachelor of Science degree in Accounting from UNLV.
“The additions of Shannon Nadeau and Larry Whelan further bolster Sightline’s best-in-class efforts across risk, compliance, and licensing. Their decades of gaming compliance enhances Sightline’s continued ability to offer payments innovations safely and securely,” Jennifer Carleton, Chief Legal Officer at Sightline, said.
“I’ve seen firsthand how Sightline’s innovations have modernized payments within the gaming industry, and I’m thrilled to play an integral role in helping the company grow. I now enjoy a 360 degree view of risk and anti-money laundering in gaming, from the operator through the platform to the supplier,” Larry Whelan, Sightline’s new Director of Risk, said.
“As digital payment options become more prevalent in U.S. casinos, we must ensure regulators understand how payments fit within the broader gaming industry. I’m excited to join the Sightline team and their expanding team of experts from across the gaming and payments industries,” Shannon Nadeau, Sightline’s new Director of Regulatory and Licensing Compliance, said.
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Canada
Gaming Corps goes live with OLG iCasino in Ontario
Gaming Corps has launched its casino game portfolio with Ontario Lottery and Gaming Corporation (OLG) in Ontario, bringing a selection of the Swedish studio’s titles to OLG’s digital casino audience.
The rollout includes football-themed games timed to the summer football calendar. Titles going live with OLG include Goals to Glory: Football Fever, Penalty Champion: Goals to Glory, and Goals to Glory: Instant Blitz, part of Gaming Corps’ Instant Blitz series.
OLG is a provincial crown agency that has operated in Ontario since 1975, with responsibilities spanning land-based gaming facilities, province-wide lottery games, internet gaming, bingo, and electronic gaming products at Charitable Gaming Centres.
Graham Greensmith, Chief Commercial Officer at Gaming Corps, said: “Launching with OLG gives Gaming Corps outstanding visibility in one of the most exciting regulated markets in North America. The timing could not be better. As global football moves into focus, we are bringing OLG a fantastic line-up that speaks directly to the moment, while also introducing some of our most recognisable titles, mechanics and characters.”
Ian Shelswell, Director, iCasino Product, Partnerships & Development at OLG, added: “OLG is always looking to bring high-quality content to our players, and Gaming Corps’ portfolio adds further variety to our iCasino offering at an exciting time in the sporting calendar. The combination of football-themed releases, instant win content, recognisable slot franchises and engaging game mechanics makes this a strong addition to our casino catalogue. We are pleased to welcome Gaming Corps to OLG and look forward to developing the partnership.”
The post Gaming Corps goes live with OLG iCasino in Ontario appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
Alex Cuoci
Wealthsimple and Kalshi Partner to Bring Prediction Markets to Canada
Wealthsimple announced the release of Wealthsimple Predict, providing retail investors the ability to trade event contracts on Kalshi. The standalone application is scheduled to launch this summer. Through the app, users will have access to approximately 4000 Kalshi event-based contracts in categories Wealthsimple is authorized to offer in the Canadian market, specifically climate, financial markets, and economic indicators.
“Prediction markets are the fastest-growing segment of global financial markets, letting traders turn an opinion into a position on the factors that shape our world – where inflation is headed, what happens to rates, or how the year unfolds. Until now, Canadians have had limited access. Wealthsimple Predict gives Canadians a clean, well-designed way to access these markets, with education and guardrails built in from day one,” said Brett Huneycutt, co-founder and Chief Product Officer, Wealthsimple.
“Kalshi was founded on a simple belief: views on the future should have markets, and those markets should be available to everyone. That’s why we’re partnering with Wealthsimple, Canada’s leading financial innovator – to give everyday investors in Canada access to fair, secure, and regulated prediction markets,” said Alex Cuoci, Kalshi.
In March, the Canadian Investment Regulatory Organization (CIRO) authorized Wealthsimple to offer event and forecast contract trading, also known as prediction markets. These contracts are regulated as futures contracts (derivatives). The approval covers contracts with a 30-day settlement period or longer, within the categories of economic indicators, financial markets, and climate. Wealthsimple is the second investment dealer to receive regulatory approval from CIRO for prediction markets.
To access trading through Wealthsimple Predict, new clients must complete a standard Know Your Client (KYC) process. Education is built into every stage of the experience, including a guided orientation of a client’s first trade. The app also shows users key disclosures and definitions, including trading risk reminders, contract resolution information, notices that positions can be sold at any time, and liquidity risk warnings on lower-activity markets. Wealthsimple Predict will only be available to Canadian residents.
Kalshi is authorized to operate in the US as an event contracts exchange, with federal authority from the Commodity Futures Trading Commission (CFTC), the regulatory authority for the U.S. derivatives market. Prediction markets follow the same regulatory framework applied to other financial assets traded in the US, such as equities, bonds, and traditional derivatives, with clear rules for price formation, settlement, and governance.
The post Wealthsimple and Kalshi Partner to Bring Prediction Markets to Canada appeared first on Americas iGaming & Sports Betting News.
Alberta
MediaTroopers lines up eight operator partners ahead of Alberta launch
MediaTroopers said it is preparing to launch in Alberta’s regulated gaming market on July 13, as Canada’s next regulated commercial gaming market opens.
The digital marketing and customer acquisition firm said it plans to enter Alberta alongside eight “premium operator” clients, which it said are also preparing for their own market entries. MediaTroopers did not name the operators.
The company said its Alberta offering will mirror its work in Ontario, including localized acquisition strategies, compliance-focused marketing, regional player education, and market-tailored performance campaigns.
MediaTroopers also said it has seen “strong interest” from Alberta players through pre-registration activity, without providing figures.
“Alberta represents an exciting next step for regulated iGaming in Canada, and Media Troopers is ready to support operators from day one,” said Shmulik Segal, CEO of Media Troopers. “Our experience in Ontario has given us a strong understanding of what it takes to enter a new Canadian market successfully, from compliance and localization to scalable player acquisition. With eight of our premium clients already preparing for launch and early pre-registration traction underway, we see Alberta as a market with tremendous potential.”
The post MediaTroopers lines up eight operator partners ahead of Alberta launch appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
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