Canada
“We’re delivering exactly what LatAm wants” – Exclusive interview with Evoplay CEO on LatAm casino
While Latin America is steadily opening up and is full of potential, there’s still plenty to be learned when it comes to appealing, and indeed capturing the interest of LatAm’s millennials.
Ivan Kravchuk, CEO at highly innovative games supplier sits down with Gaming Americas to talk about what it takes to be a success in one of the world’s most exciting growth regions.
Six months into 2021 – what’s the latest for Evoplay across LatAm? How popular are your next-gen games proving to be there?
The last six months have been a productive period for our game development pipeline. Almost our entire games portfolio is now live in LatAm, including top titles from our classic games collection and 20 games that we developed this year. One example of this – Ellen’s Fortune – is now among the continent’s ten most popular real money titles, and we expect plenty more success to follow in its footsteps.
There’s a real surge of interest in LatAm for our games, such as Forest Dreams and Surf Zone, demonstrating the value of disruption and experimentation on a continent where retro themes traditionally perform best.
How much of a change have we seen in playing behaviour compared to this time last year? What patterns are there to analyse and how has that shifted your creative plans?
Having developed an effective strategy that has brought us tremendous success over the past year, we will not be looking to change too much. Our operator partners know what we’re all about, and we do our best to keep excelling at just that. Players are responding well to our offering, so we’ll be continuing with the current roadmap in the coming period.
What’s part of that? Gamification definitely remains high on our priority list, driving engagement by ramping up the entertainment factor to attract the new generation of players. Even our classically-themed slots, therefore, are elevated with high-tech mechanics to provide a cutting-edge experience.
The integration of sporting themes, particularly on a sport-obsessed continent such as Latin America, has also proved to be an effective strategy for retention and acquisition. We’ve got a top marketing team, and a key part of their work is data-driven insights that can identify exactly what we believe players are looking for.
What kind of games do you believe LatAm players are looking for right now? Are there any games in your portfolio you’ve developed with the region in mind?
Players across the globe are looking for entertainment that goes beyond the themes and effects that have become most ubiquitous in our industry – and Latin America is no different. Innovation needs to be more than just a buzzword, even when it comes to the retro slots that perform well time and again.
We’re delivering exactly what LatAm wants – experience on the continent has taught us that players want high-quality, visual designs that can truly stand out. As an Irish-themed game, Ellen’s Fortune may not be the first title that springs to mind when you think of Latin American gambling, but it has performed well on the continent because of its stunning animations.
Evoplay launched its in-house casino engine Spinential last year – how key are products such as these to mitigating regional connectivity issues?
Our branded Spinential game engine has been a key factor driving our success in Latin American markets, where low broadband speeds mean that technical accessibility and speed are essential.
Accelerating loading and download speeds by x10, it saves time and digital storage space, allowing us to make high-quality products which are accessible to the full spectrum of player devices and internet connections.
We are always looking to enhance our proprietary tools and technology, and Spinential is no different. We are currently making improvements to the game engine and will be soon providing our players and partners with a number of exciting updates on its latest technical upgrades.
We’re also planning on incorporating a significant multiplayer element to make our games even more popular with the new generation of players, who have grown up in constant communication with their peers and demand a more social gaming experience.
Looking at a five-year vision for the future – how do you see LatAm developing and what key milestones should we be keeping an eye on?
Latin America is undoubtedly a region that is full of potential. By opening up their gambling markets to legal operators, governments can generate significant taxation revenues and protect local players more effectively. Doing so is therefore the next logical step for those that haven’t already.
In terms of technological trends, multi-channel flexibility, speed and visual designs are the most important determinants of an iGaming supplier’s success in the region. Get that right, and you could be onto a winner.
Last but not least, any exciting launches coming up for Evoplay that we should look forward to?
We’ve got a big announcement pencilled in for the second half of 2021, with a flagship game set to be launched this Autumn along with new iterations of our ever-popular retro title, Fruit Super Nova, which will be enhanced with the addition of even more paylines.
From the first day of its release, the game has been a firm favourite with our fans, including those based in Latin America. So much so, we’ve started to unveil a collection of fruit titles that follow on from the original smash-hit, including the recently launched Fruit Super Nova 40. We’re also preparing to enhance it with a progressive jackpot to ramp up players’ anticipation – so stay tuned for further updates!
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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.
Canada
MediaTroopers Makes Preparations for Upcoming Alberta Launch with Eight Premium Operator Partners
MediaTroopers, the leading digital marketing and customer acquisition firm, has announced that preparations are underway for its upcoming launch in Alberta’s regulated gaming market, scheduled to go live on July 13. As part of those preparations, MediaTroopers will enter the province with eight of its premium operator clients, who are already preparing for their own entries.
With the launch of Canada’s second regulated commercial gaming market, Alberta has quickly become one of the most anticipated market opportunities for operators looking to expand. MediaTroopers has already cemented itself as a reliable partner in Ontario’s regulated market, supporting operators in one of North America’s most competitive markets, and it will bring that same expertise as it enters Alberta.
Much like Ontario, MediaTroopers will continue to support operators in Alberta with localized acquisition strategies, compliance-focused marketing, regional player education, and market-tailored performance-driven campaigns.
MediaTroopers has already seen strong interest from Alberta players through pre-registration activity. With eight of its premium clients also preparing to go live, the company expects to play a pivotal role in helping other licensed operators to build up brand visibility and recognition among players in the region from day one.
With its launch in Alberta, MediaTroopers remains committed to supporting sustainable, responsible, and compliant growth across Canada’s regulated market.
“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 Makes Preparations for Upcoming Alberta Launch with Eight Premium Operator Partners appeared first on Americas iGaming & Sports Betting News.
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