Canada
Veteran Gaming Executives Form Assure-Bet, A Consulting & COVID-19 Compliance Group
In an effort to move the industry forward, veteran gaming executives Perry Stasi and David Schugar have launched Assure-Bet, LLC, which will identify, qualify, and deploy products and best practices designed to help keep both players and employees safe from viruses and contagions.
During the industry-wide COVID-19 lockdown, Stasi and Schugar spent several months researching and developing comprehensive operational protocols for the gaming industry that can now be used as an overlay for existing protocols or to address serious gaps in the policies and procedures currently being implemented by operators. Assure-Bet refers to its health protocol set as: BIO-MICS (for Bio-Integrity: Maximum Internal Control Standards).
“The protocols started off as ‘safety first’ list of guidelines for the Table Games Dept. that evolved into a property-wide plan. Our mindset began with the assumption that everyone in the casino could be COVID positive and asymptomatic,” says CEO Perry Stasi. “Adopting this unique philosophy and trying to offset the associated bio-threats with firm guidelines, would serve as a strong confidence builder for both employees and customers returning to the new norms of the gaming industry.”
In making the announcement, COO David Schugar added to the company formation announcement, that Assure-Bet has also been scientifically evaluating virus-killing and sanitizing devices, software programs and apps for employee safety that can incorporate testing as well as for social distancing-ticket sales in entertainment venues and plastic products that can bolster safety while also adding to customer service efforts.
“We consider several factors we feel will be important to operators, such as bio-integrity effectiveness, operational efficiencies, and mitigation of liability, and we will be announcing the endorsement of several products in the very near future,” he said. “Assure-Bet is, in some degree, a response to the lack of clearly defined bio-integrity standards between and within gaming jurisdictions.”
Stasi added, “The great thing about our strategy is if the industry adopts our philosophy and products, we expect casinos may not have to close down again because of an outbreak of any contagion in the future or perhaps a false alarm in the Fall or if someone tests positive within their property.”
About A
ssure-Bet:
Assure-Bet, LLC Principals Perry Stasi and David Schugar started as dealers over 40 years ago and rapidly worked their way up the chain as gaming executives. The former execs have also invented and sold proprietary games including Fire-Bet and Casino War. In addition, they were owners of VisuaLimits, LLC which invented and brought to market dynamic, optical-recognition, smart-terminal-displays for table games. VisuaLimits was sold to NRT in 2017.
SOURCE Assure-Bet LLC
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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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