Canada
Launch Announcement: U.S. Rugby Sevens Major League Brings Back the World’s best teams to Las Vegas to Compete for Record $1M Prize
The Rugby Football League (RFL), a newly formed US company, has launched the first ever U.S. Rugby Sevens Major League, which will see the world’s best international male players battle it out against the best US players for record breaking prize money.
With a kick off, October 2022 in Las Vegas, the RFL aspires to create a truly new fan experience combining the energy of Rugby Sevens events with the excitement of the Kentucky Derby experience by using live gaming to engage fans – #racetrackrugby. The inaugural RFL event will feature the top 12 international teams pitted against 4 US Team Franchises to win their share of the $1,000,000 prize money. From 2023, the RFL will expand to up to 17 tournaments in major US cities and will feature up to 16 US Team Franchises playing with top international teams.
The RFL is sanctioned and supported by USA Rugby and USA Rugby CEO, Ross Young said: “We are excited to announce this sanctioning agreement with RFL and their plans to expand the rugby sevens landscape in the US. The inaugural event in October 2022 is one for all rugby and general sports fans to look forward to as we welcome more first-class international rugby with a focus on US qualified athletes and competition.”
The RFL will break new ground for US Major Leagues by offering fans the unique opportunity to own a share of the RFL when buying a ticket for the Las Vegas Sevens 2022 via an Online Public Offer (OPO). The OPO also provides a unique 100% return on investment opportunity for investors who decide to resell their ticket via the RFL ticket office. It will start in January 2022 and will be hosted on the innovative crowd funding platform wefunder.
The RFL has assembled a team of expert professionals lead by former World Rugby Competition General Manager Philippe Bourdarias (RFL CEO) who commented: “The RFL is an amazing development for the game of Rugby in the US. There is a huge appetite for Rugby Sevens events in the US, as shown by the record breaking RWC Sevens 2018 in San Francisco and the success of the Las Vegas Sevens over the years. We feel that there is a huge growth opportunity for the RFL and Franchises with an innovative model whereby the League centralises all expenses and rights, leaving the fun side of the League (managing the teams) to the Franchisees.”
Philippe is supported by former Las Vegas Sevens organizer Rob Cornelius (COO) and former European Rugby Cup (Heineken Cup), Paddy Power and Racing Post executive Eugene Delaney (Gaming and Commercial adviser), to build and deliver this ambitious project. Backed by a US-based financial consortium, the League will be a game changing breakthrough for the development of the game in the US.
RFL COO, Rob Cornelius said: “Having led the development of the Las Vegas Sevens until 2019, it is truly exciting to see the best of international Rugby Sevens teams coming back to Las Vegas. There is huge support from key stakeholders who supported the Las Vegas Sevens in the past such as our Rhino Rugby the Official Ball and Equipment of the RFL and from the local community. From my experience, there is a huge opportunity to replicate the Las Vegas success to other major cities and I look forward to developing the League over the next few years.”
RFL Gaming and Commercial Advisor, Eugene Delaney states, “The RFL delivers a truly innovative concept with fan engagement front and foremost. We want to provide a new and unique experience for fans at the stadium and at home by working with Sportsbooks to create dynamic betting offering, something not available in any of the other US Sports leagues. Our Race Track Rugby concept will enable us to leverage the fast-growing live betting market, providing Sportsbooks with a fantastic opportunity for customer acquisition and engagement. Given our unique positioning, we are already in partnership talks with US and European operators.”
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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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