Canada
TheLines.com: Scheffler, Rahm the oddsmakers’ favorites at PGA Championship
Masters champion Scottie Scheffler and Spaniard Jon Rahm are the oddsmakers’ consensus favorites to win the PGA Championship this week at Southern Hills Country Club in Tulsa, Okla., according to TheLines, which tracks odds in the U.S. regulated sports betting market.
Scheffler, who entered 2022 without a PGA Tour win in his career, has now won four times and ascended to the No. 1 world ranking. Both Scheffler and Rahm are listed at +1100, according to a consensus of the nation’s largest legal online sportsbooks — including DraftKings, FanDuel, BetMGM, BetRivers, Caesars, and PointsBet. That means a bettor will win $1,100 for every $100 wagered should Scheffler or Rahm claim the Wanamaker Trophy.
Rahm won last year’s U.S. Open in June to claim his first major title, but was winless until three weeks ago at the Mexico Open. Rory McIlroy is next at +1400, followed by Justin Thomas (+1500), Collin Morikawa (+1800), and Patrick Cantlay (+1800).
Also at +1800 is Jordan Speith, who needs a PGA Championship to complete the career Grand Slam. Spieth missed the cut at The Masters but rebounded to win the following week, and he finished second over the weekend at the Byron Nelson Championship.
Tiger Woods, who shocked many by not only playing at The Masters, but also making the cut, is +6000 at this week’s PGA. This will be just his second start since the devastating car accident 16 months ago.
The PGA Championship will not have a back-to-back winner after Phil Mickelson — who stunned many last year with a win at Kiawah Island, South Carolina — withdrew from this year’s event. Mickelson has not played a PGA Tour event or major championship since his controversial comments about the Saudi Arabian government and his connection to LIV Golf, the Saudi-backed rival to the PGA Tour.
“There will be a lot of talk this week about who is not playing, and the fact that Tiger Woods is playing,” said Brett Collson, lead analyst for TheLines. “While the PGA has had its share of longshot winners in the past, golf hasn’t really had a surprise major champion since Gary Woodland won the 2019 U.S. Open. There is value down the board, but bettors will likely focus on the top of the board when picking a winner this week.”
As for the course, Southern Hills should prove to be a strong test, playing at more than 7,500 yards this week.
“As it relates to Southern Hills, the 2022 PGA Championship is a perfect amalgamation of the characteristics of each of the other three Majors,” said John Haslbauer, who writes about golf wagering and advanced golf metrics for TheLines. “It has the expansive undulating fairways and around-the-green premiums of Augusta National, it has the tight greenside runoffs and exposure to high winds which we’re accustomed to seeing at The Open, and it’s been lengthened to a point where distance will provide a distinct advantage, just like the U.S. Open.”
The consensus odds for the favorites to win the 2022 PGA Championship as of May 16:
- Jon Rahm, +1100
- Scottie Scheffler, +1100
- Rory McIlroy, +1400
- Justin Thomas, +1500
- Collin Morikawa, +1800
- Patrick Cantlay, +1800
- Jordan Spieth, +1800
- Dustin Johnson, +2000
- Cam Smith, +2000
- Viktor Hovland, +2200
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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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