Canada
The Canadian gaming industry Gold Rush has started, here are some regulatory aspects to consider
Gambling Regulations in Canada
Online gambling is a great way to have some fun. However, the trade is a regulated industry. Different countries have different laws and regulations that govern all forms of gambling. Being aware of the regulations can make you safe. In this article, we take an expert look at gambling regulations in Canada.
Any Unregistered Gambling Company is Unlawful
In Canada, any form of gambling not licensed by the Canadian government is illegal. This law applies mostly to physical location-based casinos as well as raffles and bingos. Even so, online gambling is still a grey area. Gambling legislation in Canada doesn’t necessarily prohibit betting through online casinos. However, the betting company must be owned by a provincial administration or be licensed to operate.
Even so, Canadians still access hundreds of offshore betting companies. Such companies are available on the World Wide Web, hence accessible via the Internet. In this case, they are not answerable to the Canadian government. Therefore, they operate freely on the Internet.
Anyone above 19 years in Canada (or above 18 in Alberta and Quebec) can gamble. However, the user should conduct due diligence on the betting company to ascertain its registration and regulation. This is important to avoid losing money on fake sites that trick people. A fully registered online casino comparison website such as Stashbird, is free to operate in Canada. Hence, it is a safe place to begin your search for a lawful gambling site.
Different Provinces Have Own Gambling Laws
Even though gambling is mainly legal in Canada, different provinces and territories have their own gambling regulations. Here is a quick look at some regions and their gambling laws.
Ontario
This province has some of the most relaxed gambling laws in Canada. Here you can play at the regulated Pro-Line or PlayOLG, which are government-managed. Gambling using offshore online casinos remains unregulated.
Quebec
Quebec is also a relatively liberal province. Users can bet using offshore platforms. One can also bet using Espacejeux, which is government-run.
British Columbia
Here, there are 15 physical, legally regulated casinos. In addition, one can bet using PlayNow, the only Canadian sports and betting site available in British Columbia.
Manitoba
Manitoba’s Liquor and Gaming Authority regulates all betting casinos (offline and online) in the province. PlayNow is also the only government-licensed online platform available in the region. Users are also limited to a maximum spend of C$250 per day.
Yukon Territory
Operating a physical casino in Yukon Territory is prohibited. However, various venues can access temporary licenses, but only for three days maximum. In addition, online licensed casinos are unavailable, but offshore betting remains largely unregulated.
Newfoundland and Labrador
Here, the law prohibits physical casinos from operating. Regulated gambling sites are also unavailable. However, one can place bets to a maximum of C$250 per day using the Pro-Line government service.
New Brunswick
Land-based casinos can operate, but only one venue is available in the entire province. The only regulated betting site is Pro-Line.
Nova Scotia
There are two government-owned casinos in Nova Scotia. Pro-Line service is also available for parley gaming.
Saskatchewan
There is a strict regulation against online casinos in Saskatchewan. However, it is possible to play using offshore platforms.
Northwest Territories
No land-based betting halls exist here. Online casinos are also non-existent, even if allowed by the law. The only legal gambling service is Sport Select.
The Take-Away
Gambling in Canada seems like a complex affair, especially when you are new to the country’s gaming laws. However, some legit betting sites have a customer care expert who can answer some of your questions. When you visit any online casinos, ask questions from their experts before betting with them. In this way, together with your background checks, you will be sure that you are betting on a regulated site. There you go! You now have an idea of the gambling regulations in Canada. Always remember to gamble responsibly.
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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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