Canada
“We have a lot to offer the market’s local players” – Evoplay CEO sits down to discuss the company’s approach to LatAm
Latin America has continued to open up at a steady rate and is widely seen as a market that is stacked full of potential, but there’s still plenty to be learned about capturing the attention of modern players in the region.
Vladimir Malakchi, CEO at leading game development studio Evoplay, sits down with Gaming Americas to discuss the success that the company has seen this past year and what its growth strategy will be for Latin America and other key regions in 2023 and beyond.
As one of the industry’s leading development studios, Evoplay has had some outstanding success this year, amounting with an award win for Innovation of the Year at the SBC Awards – what was the driving force behind that win?
As a company filled with iGaming enthusiasts, we’ve always been recognised for our prioritisation of innovation, something which sits at the very core of our game development strategy. Based on the research we conduct, we’ve noticed a clear trend emerging – that modern players seek exciting products which deliver unique experiences, especially when speaking about the next-generation of gamblers.
The development of new technologies and their immediate adoption by the wider entertainment industry, means that developers must stay on top of current trends, at Evoplay, we successfully meet this challenge by delivering products that not only meet the ever-changing preferences of modern players, but exceed their increasingly high expectations.
Looking to the LatAm market, what key differentiators is Evoplay bringing to the table, and how are you able to make your games as exciting as they are?
Thanks to the diversity of our product portfolio, we have a lot to offer the market’s local players. Our unique titles are topped up with the latest gamification tools, as well as tried and tested features, mechanics and modes that allow them to stand out, providing players with exclusive gaming experience they won’t find anywhere else.
LatAm is well-known for its passion for football, and we are able to facilitate this phenomenon thanks to our collection of football-inspired products which combine elements from traditional casino and harmonise this with the thrill and unpredictability of sports betting. The package consists of 4 betting-fuelled games: Football Bet, Penalty Shoot-out, Penalty Series and Football Manager.
Having analysed and identified the key factors that make wagering on live sports so attractive to casual bettors, the collection of titles provides the same level of excitement to players but from the comfort of their smartphones, without being limited to any real-life event schedule, ushering in a new era for sports fans and casino enthusiasts.
Do you have anything you would you like to share with your audience ahead of SBC Summit Latinoamerica about how Evoplay is going to make an impact?
We will continue doing what we do best and what we are recognised for in the industry, which is delivering bespoke iGaming content that wins the audience’s attention and earns their respect from the very first click. Evoplay’s varied portfolio and pioneering approach to game creation already sets us apart from our competitors, and we look forward to sharing our insights at the event with industry colleagues and prospective clients.
Evoplay enjoyed a strong year of product development with some exciting additions to its award-winning portfolio. When it comes to the prevalence of mobile over desktop in LatAm, how are you looking to cater to the market’s unique conditions and does that change your game development strategy?
The mobile sector has always been at the forefront of our priorities, as the data shows that LatAm is one of its biggest adopters, with roughly 75% of customers engaging with our products via smartphones. This breaks down to approximately 150 million mobile gamers in the region, which suggests that our mobile-first ideology is totally in tune with the audience there.
In addition to this, our in-house game engine Spinential provides a vital service, accelerating loading speed by up to 10x while saving digital storage space, opening the doors to far more players by allowing them to use our products on a multitude of devices across varying qualities of internet connections.
As we look beyond the upcoming World Cup and into the New Year, could you tell us more about your company’s growth strategy and vision for the LatAm market and other key regions?
As a leading development studio to the industry, we never stop looking to expand our reach and have already announced our plans for European expansion, with Portuguese and Swiss markets at the face of our short-term plans. That said, we are actively working on signing deals with operators in the markets where we have established our presence.
LatAm is most definitely on our radar for the coming months, and we will be ready to discuss this in more detail as we approach the end of the year. In the meantime, our research departments will continue to conduct analysis and collect data that helps us identify the region’s niches and player preferences, so that we can be more prepared for entering the market and fulfilling the requirements of its users.
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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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