Canada
PointsBet Online and Mobile Sports Betting Live in State of Illinois; Flagship Hawthorne Race Course Retail Location and Three Premium Off-Track Betting Sites to Follow Soon
PointsBet, a premier global sportsbook operator, announced that it is now providing its mobile app and digital sports betting product in Illinois. Illinois marks the fourth operational state for PointsBet’s premium sports betting product, following successful launches in New Jersey, Iowa, and Indiana.
In addition to launching the PointsBet mobile app and digital product, PointsBet’s convenient retail presence in Chicago will soon debut at four sites that flank every corner of Chicagoland. Hawthorne Race Course (Stickney, IL) represents the flagship retail location, and additional off-track betting (OTB) premium sportsbooks will debut in Prospect Heights, Oakbrook Terrace, and Crestwood.
“The PointsBet team is excited to share that we are now officially live in Illinois, our fourth state of operation in the US,” said Johnny Aitken, PointsBet USA CEO. “The passionate sports fans in the state can now experience our leading online sports betting product and see for themselves why we’ve long stated that the best product experience will win. PointsBet possesses competitive advantages by owning our technology environment from end to end, such as unrivaled speed and ease of use on a personalized platform. We, together with our partner Hawthorne Race Course, are thrilled to provide the Illinois consumer with exactly what they’ve been craving.”
Hawthorne received approval from the Illinois Gaming Board in July to move forward with a $400 million redevelopment of “Chicago’s Hometown Track” to create a multi-dimensional gaming entertainment destination inclusive of a casino and sportsbook. The first-of-its-kind business in Illinois will feature slots, table games, enhanced parimutuel wagering, dining concepts created in partnership with well-known Chicago culinary leaders, and a connected multi-story parking garage. Hawthorne Casino & Race Course is expected to open in late 2021 pending final licensing approvals.
“There are a lot of good reasons why we chose to partner with PointsBet, but most importantly it’s their commitment to innovation and customer excitement,” said Tim Carey, President and CEO of Hawthorne. “They truly know the passion and needs of the player and that has always been our focus in horseracing, just as it will be in the casino that we’re developing. Illinois gamblers are going to quickly realize PointsBet provides the best sports betting experience by far.”
As a nod to Illinois sports fans, PointsBet USA CEO Johnny Aitken confirmed that PointsBet will offer the best price in market for all Chicago Bears games this season across both the pregame spreadline and moneyline bet types. Additionally, PointsBet will unveil their innovative “Crowd Booster” promotion for sports bettors in the state of Illinois for the Chicago Bears’ first three games of the 2020 NFL season. The Bears spread will be boosted five points for every 200 bets placed, resulting in an extremely favorable spread for clients. Best of all, all clients will be able to take advantage of the final spread number, regardless of where they got their bet down!
In conjunction with the official launch of PointsBet’s Illinois sports betting product, the operator also recently announced its partnership with future NFL Hall-of-Famer, Devin Hester. A symbiotic element to the partnership, a primary point of differentiation for the PointsBet mobile product is unmatched speed and ease of use. The fastest way to get down a bet in Chicago, PointsBet owns their technology end-to-end and places an emphasis on an in-house development approach, allowing PointsBet to offer clients a faster and more streamlined digital experience, exclusive product features, bet types that cannot be found anywhere else, deep Spanish language functionality, the ability to incorporate regulatory approved changes seamlessly, and so much more. In a recent interview on the partnership, Hester commented: “With the technology that these guys have, it just makes things so easy and fast. And that’s why I partnered up with PointsBet, just thinking about myself being fast, and then coming in and joining with these guys, it just makes life so easy when you want to get in bets.”
As the official, exclusive sports betting partner of NBC Sports, PointsBet will utilize the media giant’s premium television and digital assets to promote the PointsBet brand across Illinois. As part of the agreement, NBC Sports provides PointsBet with year-round, multi-platform media and marketing opportunities across its unmatched portfolio of events, including exclusive multiplatform gameday integrations across NBC Sports Chicago, regional broadcast home to the Chicago Blackhawks, Bulls, and White Sox. PointsBet’s full Spanish-language functionality will reach Hispanic sports fans via Telemundo Deportes and Telemundo broadcast stations.
About PointsBet
PointsBet is one of the fastest growing sportsbooks in the country and is rapidly expanding its U.S. footprint, now bringing its best-in-market proprietary technology, modernized and premium brand mentality, expert trading practices and proven growth marketing strategies to both the Illinois sports betting market and the notoriously passionate Chicago-area sports fans. Originally founded in Australia, PointsBet is a cutting-edge bookmaker that prides itself on having the quickest and most user-friendly app (iOS and Android) while also providing the best content and experience for sports bettors. PointsBet is the only U.S. online bookmaker to offer PointsBetting – a unique and innovative way to bet – and has also introduced a slew of well-received, bettor-first initiatives. PointsBet offers the most markets on all four major U.S. sports (NFL, NBA, MLB, NHL) and PointsBetting in the world, including up to 1,000 markets per NBA game.
About Hawthorne Race Course
Founded in 1891, Hawthorne Race Course is the oldest sporting venue in Illinois for America’s original sport: horseracing. For more than a century, the 4th generation family-owned and operated business has hosted racing on the border of the City as “Chicago’s hometown track,” which features traditional dirt racing and the 2nd longest homestretch in North America. Currently, Hawthorne is the only race course in the nation to host both Thoroughbred (Spring, Fall, Winter) and Standardbred racing (Summer), and operates Illinois’ largest network of off-track betting parlors. On July 30, 2020, the Illinois Gaming Board approved Hawthorne to move forward with development of the State’s first race track casino and sportsbook. For more information visit HawthorneRaceCourse.com.
SOURCE PointsBet
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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.
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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