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ODDS ON COMPLIANCE UNVEILS GAMBLING AND TECHNOLOGY INDUSTRY ALL-STAR ADVISORY BOARD

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Odds On Compliance, the industry-leading technology and consultancy firm specializing in sports betting, iGaming, and gambling compliance and regulatory frameworks in the US and abroad, has unveiled Tom Auriemma, Michelle Chatigny, Robin Chhabra and Sanjay Chopra as the industry experts who comprise the company’s newly formed Advisory Board.

Tom Auriemma was a pioneer of the New Jersey gaming industry and spent 28 years as a casino regulator in that State culminating in his appointment as the Director of the New Jersey Division of Gaming Enforcement. Auriemma now currently serves as the Chairman of the Compliance Committees for MGM Resorts International, Penn National Gaming and Mohegan Gaming & Entertainment. Joining Auriemma on the Odds On Compliance advisory board is Michelle Chatigny, a 20-year veteran of IGT where she was Vice President, Global Regulatory and Product Compliance, before joining Wynn Resorts, Limited’s Compliance Committee, a position she has held since August 2018. Robin Chhabra is the third expert lending his experience and knowledge to Odds On Compliance. Chhabra is President of Tekkorp Digital Acquisition Corp., and has previous experience including being CEO and Special Advisor to FOXBet, Chief Corporate Development Officer of The Stars Group, and Group Director of Strategy and Corporate Development at William Hill. Sanjay Chopra completes the Advisory Board. Chopra is Co-Founder and CEO of Cognistx, the AI specialists with whom Odds On already has a previously announced partnership.

“I am extremely proud and honored to welcome such a distinguished group of experts to Odds On Compliance as our advisory board,” said Odds On Compliance CEO and Co-Founder Eric Frank. “In our initial group of four we have some of the smartest, most experienced people in their respective industries worldwide, and they will play a strong role in helping us shape the future of our business as we grow and expand in 2022 and beyond. At our core, Odds On Compliance is a technology business, so having the experience that Sanjay brings from Cognistx is invaluable for our whole team, but we are a tech business which specializes in regulatory compliance in the sports betting, iGaming, and gambling industries, in the US and abroad, so Michelle, Tom and Robin very neatly complement Sanjay, giving us the benefit of their combined knowledge, leadership, and experience. We are excited to welcome them all to our team and look forward to working with them in an exciting 2022 and beyond.”

Tom Auriemma is one of the casino industry’s leading gaming attorneys and consultants and is the 2019 recipient of the Lifetime Achievement Award from the International Association of Gaming Advisors for his many contributions to the gaming industry. He is the Chairman of three Compliance Committees: Penn National Gaming, Inc., MGM Resorts International, and Mohegan Gaming and Entertainment. Previously, he was Vice President of Regulatory Affairs and Chief Compliance Officer for Penn National Gaming, Inc. Auriemma was a pioneer of the New Jersey gaming industry, and spent 28 years as a casino regulator in that State before culminating in his appointment as the Director of the Division of Gaming Enforcement. Auriemma received his Juris Doctor degree from Seton Hall University School of Law where he graduated second in his class.

Michelle Chatigny was previously with the Nevada Gaming Control Board. After her departure she joined IGT, one of the world’s largest gaming suppliers that was licensed and conducting business in every jurisdiction in the world where gaming was legal. As acknowledged by regulators, IGT set the “gold standard” for compliance in the gaming industry. Michelle remained with IGT for just over 20 years and was responsible for its global compliance efforts, including but not limited to licensing, product approvals, suitability determinations, corporate security, the IGT Compliance Committee, as well as the Company’s Code of Conduct, and internal integrity reporting matters. Michelle previously served on The Stars Group Compliance and Political Activities Committees, and currently serves on the Wynn Resorts, Limited Compliance Committee, a position she has held since August 2018. She was also elected to the Wynn Resorts, Limited Special Litigation Committee in October 2018. Michelle is currently a member of the International Masters of Gaming Law and the International Association of Gaming Advisors.

Robin Chhabra is President of Tekkorp Digital Acquisition Corp and has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group and William Hill, and a leading supplier, Inspired Gaming Group. At The Stars Group, Robin was Chief Corporate Development Officer, and served as the CEO of FOX Bet, the leading U.S. online gaming business which is the product of a landmark partnership between The Stars Group and FOX Sports, a transaction which he led. While with The Stars Group, Robin led several transactions which transformed The Stars Group into the largest publicly listed online gambling operator in the world with revenues of over $2.5 billion. Previously, he was Group Director of Strategy and Corporate Development at William Hill, where he led transactions which transformed the company from a land-based gambling operator in the United Kingdom to a leading online-led international business. This included William Hill’s entry into the U.S. sports betting and online lottery markets via the acquisition of four businesses.

Sanjay Chopra is the Co-Founder and CEO of Cognistx, a six-year-old applied AI company with several high impact AI applications for retail, cybersecurity, supply chain, logistics, and manufacturing. Chopra is also the Co-Founder and CEO of Intellions, a pricing software company. He has over 28 years of expertise in AI, e-commerce strategy, business development and technology and is the winner of the E&Y Entrepreneur of the Year 2000 award for OnlineChoice. He actively participates in promoting entrepreneurship in Pittsburgh and was the Founding Chair of Pittsburgh Social Venture Partners, and a founding charter member of the TiE Pittsburgh. He has also consulted for Goldman Sachs in various strategy and e-commerce projects, and has worked as a software engineer/manager at Federated Investors, Carnegie Group, and Allegheny Management Company. He is an Adjunct Professor of e-Commerce at Carnegie Mellon University and holds an MBA from Carnegie Mellon University (GSIA – Tepper Business School), a Master of Science degree in Computer Science from Virginia Polytechnic Institute and State University (Virginia Tech) and Bachelors in Computer Technology from Maulana Azad National Institute of Technology (MANIT – REC), Bhopal, India.

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Gaming Corps goes live with OLG iCasino in Ontario

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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.

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Alex Cuoci

Wealthsimple and Kalshi Partner to Bring Prediction Markets to Canada

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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.

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Alberta

MediaTroopers lines up eight operator partners ahead of Alberta launch

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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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