Canada
GROVER GAMING BETS BIG ON OHIO CHARITIES
Grover Gaming announced that it is officially seeking licensure from the Ohio Attorney General’s Office to both manufacture and distribute Electronic Instant Bingo devices to charities, fraternals, and other nonprofit organizations in Ohio.
Grover has made sizable investments already in Ohio. According to Wil Riesgard, Vice President of Operations for Grover Gaming, “We have had a large distribution center here in Columbus for a while and are currently adding another office/warehouse in the northeast part of the state. We will very soon have over fifty employees just in the State of Ohio including a dedicated marketing team.”
“We are already licensed as a Bingo Supply Manufacturer in Ohio, but we have also applied for the separate Distributor license and the Electronic Instant Bingo endorsement to each of those licenses,” said Dorwin “DL” Howard, Compliance and Licensing Specialist at Grover Gaming. “The Ohio Attorney General’s Office, by law, cannot issue any of those licenses until April 1, 2022, but we hope to receive our endorsements on that date or soon after. We do anticipate that they will issue licenses to every manufacturer and distributor entitled to a license at the same time to avoid giving an advantage to one or the other.”
“We cannot offer any proposals to any potential customers in Ohio until we receive those endorsements,” stated Marc Downing, Chief Counsel and Director of Compliance for Grover. “But we do have a plan.”
“We intend to bring the same industry leading software and hardware that has been so successful for our charitable customers in states like Virginia, North Dakota, New Hampshire, and Kentucky,” stated Garrett Blackwelder, President and owner of Grover Gaming. “We are fortunate to be the leader in all those markets by a large margin, and in Virginia and New Hampshire we distribute our products directly to our customers. By distributing our own product, we are able to deal directly with the charities which streamlines our customer service and takes it to an even higher level. This will allow us to further our mission of providing entertaining gaming experiences through a team committed to growth and progress.”
Not only will Grover distribute its own product, but they also intend to place Electronic Instant Bingo equipment and supply Electronic Instant Bingo tickets without requiring any long-term commitments from the charities and fraternals in Ohio. “We will not be requiring contracts of any kind from the charities,” stated Jimmy Forrest, Vice President of Sales for Grover. “We want to earn your business by providing the best performing games and world class service, not because we lock you down with a piece of paper.”
Forrest continued, “another market changing innovation is the integration of our redemption kiosks. With this kiosk a player can just insert their ticket and get cash without having to see an attendant to redeem their winnings. In Virginia, not only has security drastically increased, but we have also seen an increase in net revenue to the charities of over 15% in some locations.” Grover plans to offer those kiosks free of charge along with the biggest selection of custom game terminals.
Grover Gaming develops software, game content, and gaming systems for lotteries and charitable gaming jurisdictions, and is licensed in Ohio, New Hampshire, Kentucky, North Dakota, South Dakota, Montana, Wyoming, Washington, Ontario Canada, and Virginia. Based in Greenville, NC, Grover Gaming has over 360 employees across nine states including a design studio in Wilmington, NC and a Software Development Center in Chicago, IL.
The company is also a 3-year Inc 5000 award recipient, recognizing the fastest-growing privately held companies in the United States and was recently honored with a Glassdoor Employees’ Choice Award. Glassdoor ranked Grover Gaming Number 2 in its Best Places to Work list in 2022 among companies across the US with less than 1,000 employees.
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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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