Canada
Skrill USA Enhances Digital Wallet for iGaming
Skrill USA, the digital wallet from leading specialized payments platform Paysafe, unveiled a major product revamp to make it easier and faster than ever to wager online with iGaming brands. The first of several planned upgrades equips the Skrill wallet, which is specifically tailored for iGaming, with all the features that players want – from instantly funding deposits and receiving payouts to an effortless and intuitive user experience (UX).
With Paysafe’s Q4 2020 research revealing that U.S. sports bettors consider fast and frictionless payments the top factor when choosing an online sportsbook (and more important than brand reputation, odds, sports markets, and bonuses), Skrill USA has responded to better support operators and their customers. For the NFL football season, it now takes seconds for new and existing Skrill customers to register or log-in, fund their player account and start wagering. Through Skrill, players can fund a wager direct from their bank account via instant online bank transfer, and also load funds to the wallet balance using a credit or debit card, and paysafecard or Paysafecash eCash solutions.
The iOS, Android, and desktop Skrill applications have been enhanced with a state-of-the-art “look and feel” and streamlined UX developed to meet the needs of the casual or VIP player on-the-go in 2021. The all-new “tiled” display centralizes the vital info a player needs to deposit, ensuring the payments experience is quicker and uninterrupted.
Following a frictionless registration process for first-time Skrill users, their bank accounts are rapidly yet securely linked to their Skrill accounts to allow instant deposits, and with funds fully guaranteed to gaming operators by Skrill. Alternatively, Skrill customers can simply enter their credit or debit card info or use either paysafecard or Paysafecash, which are both available at thousands of U.S. in-store retailers, to seamlessly fund their Skrill accounts, and then deposit to wager with iGaming brands.
For returning players, the depositing process is even simpler. The log-in page’s “remember me” functionality allows customers to skip straight to funding their deposit, now taking a single click, streamlining the ability of customers to rapidly repeat a deposit.
Receiving payouts is just as simple, with winnings accessible to players in their Skrill account in real time. Payouts can be spent online and offline using the Skrill Visa Prepaid Card1, withdrawn directly as cash at an ATM or transferred into players’ linked bank accounts. Customers can even decide to invest their winnings directly into cryptocurrency through Skrill’s integrated crypto exchange feature.
“We’re excited to roll-out a major product upgrade for our digital wallet. Players using Skrill USA to wager with U.S. iGaming brands will enjoy the wallet’s sophisticated user experience and find it’s faster than ever before to make a deposit and to receive payouts of their winnings,” Paul Jardon, CEO and CFO of Skrill USA, said.
“Payments are one of the main pillars of customer conversion for U.S. iGaming brands. With an unparalleled payments experience, the new Skrill USA digital wallet will give operators an edge when it comes to customer acquisition and retention – we feel it’s a game changer for the increasingly competitive U.S. market,” Zak Cutler, CEO of North America iGaming at Paysafe, said.
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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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