Canada
NGCB: 2021-40 2021-03R: Notice and Agenda Of Public Regulation Workshop Of The NGCB To Solicit Comments For Possible Amendments To NGC Reg 5a Regarding, Without Limitation, Operation Of Interactive Gaming
I. NOTICE OF WORKSHOP
The Nevada Gaming Control Board (Board) will hold a workshop to receive public input on proposed amendments to Nevada Gaming Commission (NGC) Regulation 5A regarding, without limitation, operation of interactive gaming.
The public workshop is scheduled as follows:
May 13, 2021 at 11:00 AM
Gaming Control Board Offices
Grant Sawyer Building
Hearing Room 2450
555 East Washington Avenue
Las Vegas, Nevada 89101
IN COMPLIANCE WITH THE GOVERNOR’S EMERGENCY DIRECTIVE #006, DATED MARCH 22, 2020, THE MAY 13, 2021 PUBLIC REGULATION WORKSHOP WILL BE CONDUCTED BY MEANS OF ELECTRONIC COMMUNICATION. THE PUBLIC MAY ACCESS THE MEETING AT THE TIME NOTICED HEREIN BY LIVE STREAM LINK LOCATED AT: https://gaming.nv.gov/index.aspx?page=145 AND MAY SUBMIT PUBLIC COMMENT AS SET FORTH BELOW IN THE PUBLIC NOTICE SECTION.
ADDITIONALLY, INTERESTED PARTIES CAN PARTICIPATE IN THE WORKSHOP VIA ZOOM OR IN-PERSON. ALL INTERESTED PARTIES THAT WISH TO PARTICIPATE SHOULD CONTACT THE EXECUTIVE SECRETARY AT [email protected] NO LATER THAN 5:00, MAY 7, 2021, WITH THE PARTICIPATING INDIVIDUAL(S) NAME, LICENSEE AFFILIATION (IF APPLICABLE), E-MAIL ADDRESS, AND PREFERENCE TO PARTICIPATE VIA ZOOM OR IN-PERSON. THOSE INTERESTED PARTIES REQUESTING TO PARTICIPATE IN THE WORKSHOP WILL BE NOTIFIED WITH INSTRUCTIONS ON HOW TO ATTEND.
IN-PERSON ATTENDANCE AVAILABILITY IS SUBJECT TO APPLICABLE OCCUPANCY AND SOCIAL DISTANCING RESTRICTIONS. PARTICIPATION REQUESTS WILL BE PROCESSED ON A FIRST-COME BASIS AND THE BOARD CANNOT GUARANTEE THAT PARTICIPANTS WILL BE AFFORDED THEIR PREFERRED METHOD OF PARTICIPATION.
Interested persons may present statements, arguments or contentions in writing. Written comments should be submitted prior to 5:00 p.m., Tuesday, May 11, 2021. Comments should be submitted to the Executive Secretary via e-mail at [email protected].
II. PUBLIC COMMENT
This public comment agenda item is provided in accordance with NRS 241.020(2)(c)(3) which requires an agenda provide for periods devoted to comments by the general public, if any, and discussion of those comments. No action may be taken upon a matter raised under this item of the agenda until the matter itself has been specifically included on an agenda as an item upon which action will be taken.
III. WORKSHOP AGENDA
For Possible Action:
2021-03R: CONSIDERATION OF PROPOSED AMENDMENTS TO NEVADA GAMING COMMISSION REGULATION 5A REGARDING, WITHOUT LIMITATION, OPERATION OF INTERACTIVE GAMING ACCOUNTS.
PURPOSE: In accordance with NRS 463.145, NRS 463.150, and NRS 463.750, to remove provisions limiting interactive gaming to the game of poker and to make related amendments including without limitation: 1) create definitions of “non-peer-to-peer game” and “peer-to-peer game;” 2) remove definition of “poker;” 3) clarify that a licensed operator of interactive gaming must continue to meet the applicable qualifications necessary for licensing set forth in NRS 463.750; 4) delete requirements regarding persons who may access interactive gaming system; 5) amend internal control standards including requirements related to personal information; 6) amend requirements related to the adoption of rules for all games offered on an interactive gaming system; 7) amend authorized player registration requirements; 8) amend requirements related to interactive gaming accounts; 9) amend provisions related to self-exclusion including the creation of a state-wide list of individuals who have self-excluded from participating in interactive gaming; 10) amend provisions related to compensation received by an operator for conducting a game; 11) amend provisions related to the use of celebrity players; 12) create provisions for the adoption and use of a Commission seal; 13) amend provisions related to what operators must display on their website; 14) amend provisions related to gross revenue computation; 15) amend provisions related to the maintenance of records; and to take such additional action as may be necessary and proper to effectuate these stated purposes.
IV. PUBLIC COMMENT
This public comment agenda item is provided in accordance with NRS 241.020(2)(c)(3) which requires an agenda provide for periods devoted to comments by the general public, if any, and discussion of those comments. No action may be taken upon a matter raised under this item of the agenda until the matter itself has been specifically included on an agenda as an item upon which action will be taken.
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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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