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Kalshi, Wealthsimple launching prediction markets in Canada, but no sports

Kalshi is bringing its prediction markets to Canada, but the offering will not include sports event contracts.

The prediction markets-focused company announced on Thursday, June 18, that it partnered with Toronto-based financial services and technology firm Wealthsimple to offer event contracts on certain categories in Canada.

The Canadian Investment Regulatory Organization (CIRO), the federal self-regulatory authority that oversees all investment dealers, mutual fund dealers and trading activity, authorized Wealthsimple in March to offer event contracts trading. As of April, Wealthsimple and Interactive Brokers Canada are the only two CIRO members granted such permission.

A new Wealthsimple Predict platform, scheduled to launch this summer, will host approximately 4,000 of Kalshi’s binary event contracts.

Customers will be able to bet on yes/no outcomes by buying a contract for an initial price determined by the implied probability of the event happening. If they get it right, the contract settles at $1; if they’re wrong, it settles at $0.

Canadian Gaming Business reached out to Kalshi and Wealthsimple to clarify whether the new app and its full offering will be available in all provinces and territories, but did not receive a response to that particular question.

Why won’t Kalshi sports markets be available in Canada?

While sports trading has fast become the most popular prediction markets category in the U.S. on platforms like Kalshi, Polymarket, Crypto.com, FanDuel Predicts, and DraftKings Predictions, it will not be on offer on Wealthsimple Predict.

A press release noted that, at least in the initial launch, users will be able to trade only on “categories Wealthsimple is authorized to offer in the Canadian market,” specifically:

  • Climate
  • Financial markets
  • Economic indicators

As alluded to in the press release, that is owed to Canada’s strict regulatory requirements on financial contracts.

CIRO’s rules, as outlined in a bulletin published on March 26, specify that economic forecasts, environmental forecasts, and financial indicators are the only categories that can be traded on through event contracts. It specifically mentions political events like elections as a forbidden category, and trading on sports events is also not allowed.

CIRO also mandates that all event contracts must have a settlement period of 30 days or longer, so they cannot be based on markets that would resolve in a few days.

More broadly, a CIRO spokesperson confirmed to Canadian Gaming Business that the only event contracts allowed to be offered under CIRO’s rules must be traded on and cleared through certain U.S. Commodity Futures Trading Commission-regulated exchanges and clearing houses. That’s where Kalshi comes in.

Compliance burden rests with Wealthsimple, not Kalshi

The CIRO representative told Canadian Gaming Business that ongoing compliance with prediction market-related terms and conditions, as with all applicable CIRO requirements, rests with the dealer member (Wealthsimple) under CIRO’s oversight.

“CIRO’s regulatory relationship is with its dealer members, not with the foreign exchanges on which event contracts trade.”

Wealthsimple co-founder and Chief Product Officer Brett Huneycutt wrote in a blog post that his company worked with CIRO on its prediction markets approval to ensure that the contracts its new platform will offer “are subjected to the same scrutiny and controls as other listed derivatives.”

Image: Wealthsimple

The Wealthsimple co-founder also shed some light on why the firm chose Kalshi as its prediction markets partner.

“It was important that we work with another regulated partner to build this product,” Huneycutt added. “One of the biggest reasons is insider trading, which has been a problem in prediction markets. Insider trading is illegal and Kalshi follows U.S. regulations and maintains surveillance across all markets and participants to identify it. And, as with all our trading products, we have controls in place to monitor, detect and report potential insider trading activity.

“We also needed to work with an exchange that would let us control what contracts are available to trade. Other platforms allow investors to profit from violence, terrorism, or death. Those markets have no place in our app, and we’ll never offer them.”

Canadian regulators watching prediction markets closely

Canadian regulators have held prediction market operators to account in the past for breaking the rules on event contracts.

Most notably, Polymarket reached a settlement with the Ontario Securities Commission (OSC) last year after the company admitted it violated Ontario’s version of the Binary Options Ban, which prohibits the advertising, offering, selling or trading of short-term yes/no event contracts. Polymarket was banned from operating in Ontario for two years as part of the settlement, although it is active in other parts of Canada.

In early April, a few days after publishing its bulletin and announcing Wealthsimple’s approval, CIRO issued a joint press release with the Canadian Securities Administrators (CSA) in which the regulators warned that “failure to comply with applicable requirements under Canadian securities and derivatives laws may lead to enforcement action.”

CIRO and the CSA also stressed that while Wealthsimple, Interactive Brokers Canada, and any other CIRO members that might be approved in the future (Questrade is reportedly keen) may facilitate Canadian access to event contracts traded on non-Canadian markets, no prediction market has been recognized as an exchange, registered as a dealer or exempted from those requirements by the CSA.

That means Kalshi can offer limited prediction markets trading on Wealthsimple’s platform, but cannot allow Canadians to trade on its own platform directly.

“CIRO’s position is clear: prediction-market products are not entitled to enter Canadian markets simply because they exist elsewhere,” CIRO’s spokesperson told Canadian Gaming Business. “Any firm seeking to offer or facilitate these products in Canada must meet Canadian regulatory requirements.”

CIRO and the CSA said in their April press release that they each continue to monitor developments involving prediction markets and event contracts and intend to issue further guidance. They also signaled that they could take further regulatory action if they deem it to be required, including changes to CIRO’s terms and conditions or the imposition of further restrictions.

As of Thursday, CIRO told Canadian Gaming Business, there was nothing further to announce on that front.

Betway signs Vladimir Guerrero Jr. as responsible gambling ambassador

Betway has swung for the fences with its newest athlete partnership in Canada, signing up Vladimir Guerrero Jr.

The Super Group-owned sportsbook announced last week that Toronto Blue Jays favourite Vladdy has joined Betway as its global baseball ambassador. Guerrero Jr. joins other superstar athletes as Betway representatives, including retired French soccer icon Thierry Henry.

Vladdy will be RG-only in Ontario…

In Ontario, where Betway is one of several Super Group brands licensed to offer iGaming, the five-time MLB All-Star will be used to highlight Betway’s responsible gambling tools.

“We’re thrilled to team up with Vladimir Guerrero Jr. to promote responsible gambling,” said Super Group CEO Neal Menashe. “His influence, integrity, and connection with fans make him an ideal figure to help amplify the importance of safe and responsible play. This collaboration supports our global commitment to ensuring that customer protection is embedded in everything we do.”

Guerrero Jr. added in a statement that he’s proud to be a part of a partnership that he and the operator say is aimed at helping people understand how to enjoy betting safely.

…because those are the rules

The focus on responsible gambling messaging is in line with the Alcohol and Gaming Commission of Ontario’s regulations, which were changed in 2024 to stipulate that active or retired athletes can only be used to directly promote RG tools, rather than any products or offers or the operator at large.

Other licensed operators in Ontario have utilized high-profile local and Canadian athletes for this purpose, with some of the notable partnerships including:

Vladimir Guerrero Jr. is listed as a “global baseball ambassador” for Betway. In some jurisdictions, where the RG stipulation is not part of the rules, he could feasibly be used much more broadly to promote Betway.

Image: Erman Gunes / Shutterstock.com

More Canadianism is part of Betway’s Alberta prep

Speaking of other jurisdictions, Super Group sites, also including Jackpot City and Spin, are operational around Canada, where iGaming is not regulated outside of Ontario.

However, once Alberta opens its own commercial regulated iGaming market on July 13, Betway and other Super Group brands will transition from their long-held status as grey-market platforms to licensed sites in the province.

While Ontario only implemented its athlete advertising change in March 2024, almost two years after its regulated market launched, Alberta will have that rule in place from the start.

Alberta Gaming, Liquor and Cannabis’ government-run platform Play Alberta recently signed two NHL players as responsible gambling and social responsibility ambassadors: McDavid’s Oilers teammate Leon Draisaitl and Calgary Flames goaltender Dustin Wolf.

Once Alberta’s market opens, the likes of Betway and BetMGM will likely lean heavily on their sports stars to promote their brands via responsible gambling messaging.

How Kambi is stepping up to the plate as OLG’s sportsbook provider

A version of this story first appeared in the Summer 2026 issue of Canadian Gaming Business magazine.

For Ontario Lottery and Gaming Corporation (OLG), it was time for a change. Enter Kambi.

At the end of January, OLG launched the new version of its sportsbook after Kambi took over as the crown corporation’s omnichannel sports betting platform provider from La Française des Jeux’s FDJ Gaming Solutions.

The new PROLINE and digital PROLINE+ product launched online and across 10,000 retail locations in the province using Kambi’s turnkey sportsbook, in what the company’s CEO Werner Becher called “a major undertaking and a fantastic achievement by everyone involved.”

It gives Kambi a firmer strategic foothold in one of the world’s most competitive regulated markets, and it’s also a clear signal of how Ontario’s governmental operator is evolving to compete in an increasingly crowded digital sports betting landscape.

OLG and Kambi felt like natural teammates

As both parties tell Canadian Gaming Business, it feels like a perfect fit.

“It created a natural opportunity for us to align with an operator whose ambitions and strengths closely match our own,” says Kambi’s Chief Commercial Officer Sarah Robertson. “OLG operates one of the largest retail sportsbook networks on the continent, and the ability to support both retail and online channels is a core area of Kambi’s expertise.”

Kambi’s Sarah Robertson

Though it is Swedish by heritage and maintains a strong European focus in regulated markets much older than Ontario’s, Kambi also has a long‑established presence in North America, where it powers many leading operators with its turnkey sportsbook or its OddsFeed+ betting odds technology.

The chance to do the same for Ontario’s longest-running regulated online sportsbook was too good to pass up.

“Ontario is clearly a very competitive market, but OLG’s unique ability to seamlessly integrate digital and retail experiences gives players a cohesive environment that few competitors can match,” adds Robertson. “We saw an organization ready to elevate its sportsbook with greater choice, more flexibility and a smoother, more intuitive experience across both retail and online. That’s exactly where Kambi shines.”

A whole new ballgame for PROLINE

With great business comes great responsibility. Kambi is now contracted to work with OLG until 2032, and the partners will push to maintain and build upon a leading position in the province.

On the digital side of things, PROLINE+ competes with dozens of licensed online sportsbooks in Ontario. Giving bettors what they want is vital, and the move to Kambi’s flagship turnkey solution made an immediate difference, says OLG.

“It gives players more of what they asked for – a better playing experience with more choice and more ways to play,” explains OLG’s Senior Director of iSports Greg Sindall. “We heard the feedback of our player base and all the work was guided by our player feedback.”

That comprises a more intuitive user experience across all platforms and a major expansion of the betting options, including more leagues and many more markets in categories such as player props and same game-parlay options.

OLG’s Greg Sindall

Sindall described Kambi’s approach as flexible, noting that the company worked with the lottery to tailor its offering to the preferences of PROLINE players.

“Our learnings re-emphasized our customers’ desire for a personalized, localized offering and nothing made that clearer than the fandom around the Toronto Blue Jays during their World Series run,” he adds. “Kambi’s flexible platform is going to help us lean into that further in the future.”

Robertson, too, says this is only the beginning, as Kambi will continue working closely with OLG “to continue enhancing their sportsbook offering with additional market depth, expanded personalization and further localization.”

In addition to the expanded offering, she sees the omnichannel nature of the product as a decisive edge in Ontario’s competitive landscape.

“Kambi’s technology strengthens OLG’s retail advantage by creating a cohesive, integrated experience across in‑store and online channels,” Robertson adds. “Players can move seamlessly between both environments, with consistent markets, pricing and user experience.”

A power hitter in Ontario’s lineup — and across Canada?

Sindall said that the enhanced Kambi-powered product “repositions PROLINE in the competitive landscape”. That echoes comments made by representatives from both companies last year. The hope is that the move to Kambi’s technology can improve PROLINE’s standing in the crowded Ontario market.

“With a sportsbook of Kambi’s quality, combined with OLG’s local market knowledge and reputation, OLG can grow its online market share,” Becher said on an earnings call in early 2025, after the collaboration was first announced.

While OLG looks to not only keep pace with the commercial brand-name competitors, Kambi is still looking for more growth opportunities. Robertson, a Canadian herself, describes Canada as an exciting market for the company.

“With 98% of our revenue coming from regulated jurisdictions, we’ve long had a strategic focus on markets where compliance and integrity are front and centre,” she adds. “As our success with OLG shows, Kambi is well‑positioned to support other provincial lotteries as and when the opportunity arises with a proven, scalable compliance‑ready sportsbook solution.”

Indeed, three months after the Kambi version of PROLINE hit the Ontario market, it was announced that the Atlantic Lottery Corporation (ALC) and British Columbia Lottery Corporation (BCLC) jointly selected Kambi’s bid to power a new multi-province sportsbook that will be used by the provincial lottery corporations in seven provinces:

  • B.C.
  • Manitoba (via BCLC)
  • New Brunswick (via ALC)
  • Newfoundland and Labrador (via ALC)
  • Nova Scotia (via ALC)
  • Prince Edward Island (via ALC)
  • Saskatchewan (via BCLC)

OLG’s PROLINE will remain separate from the ALC/BCLC shared sportsbook.

A sign for OLG's PROLINE sportsbook in a neon walkway
Image: Dean Rossiter/SBC

Ultimately, in Ontario, the Kambi-OLG partnership is indicative of where the provincial market sits right now, early in its fifth year of business. OLG has managed its transition from regulated market monopolist to one option in a sea of choices for Ontarians. As regulated markets mature, competition intensifies, and innovations continue, all operators must continue to evolve to remain relevant.

OLG is seeking to do more than keep pace; with Kambi on board, it may have redefined what a crown corporation-run sportsbook can achieve in a modern, omnichannel environment. Can it lead to OLG capturing greater market share in one of the world’s most dynamic betting landscapes?

Find much more Canadian gaming content in the full digital Summer 2026 issue of Canadian Gaming Business magazine.

SBC Summit to spotlight Canadian gaming regulation in Lisbon

From market launches and regulatory reviews to political battles, gambling markets across the globe are facing pivotal moments in their evolution. SBC Summit 2026’s dedicated Global Regulations track will use Canada as one of several case studies.

Taking place on Tuesday, Sept. 29, the track will bring together operators, regulators, policymakers, legal experts, and compliance leaders to examine the latest regulatory developments across established and emerging markets.

The track forms part of the Regulation & Compliance Stage, one of six dedicated conference stages at SBC Summit, alongside technology, global and emerging markets, Payment Expert Summit, product innovation showcase, and the Super Stage located at Lisbon’s MEO Arena.

“Every market operates under its own unique set of rules, challenges and opportunities. That’s what makes this industry so fascinating and dynamic, but it also makes navigating the global regulatory landscape increasingly complex,” said SBC Founder and CEO Rasmus Sojmark.

“With delegates joining us from every major gaming jurisdiction, SBC Summit provides a unique platform for meaningful regulatory dialogue. Attendees won’t just hear from experts who understand these markets; they’ll engage with the policymakers, regulators and industry leaders actively shaping their future.”

Will Alberta’s opening reshape Canadian gaming’s future?

The focus will then turn to Canada’s fragmented regulatory landscape with the session ‘Canada: Province by Province Progress,’ which explores how regulatory reviews in Alberta and Ontario could shape the next phase of Canadian gaming.

Experts Jared Beber (CEO, Bet99), Ohad Narkis (CEO, PlayOJO), Paul Burns (President and CEO, Canadian Gaming Association), and Martin Lycka (Vice President of Institutional Affairs, Oddin.gg) will debate what these reviews are trying to achieve and how they could influence the future direction of the country’s gaming sector.

Calgary's downtown at night with the Scotiabank Saddledome in the foreground. The dome is home to the Calgary Flames NHL team
Calgary, Alberta. Image: Gelu Popa / Shutterstock.com

European gaming a heavy focus

Elsewhere, ‘Can Poland’s Economic Surge Unlock Gambling Reform?’ will examine whether economic growth and mounting industry pressure can lead to meaningful regulatory change in Poland. Experts Justyna Grusza-Głębicka (Director, Institute for Gambling Regulation Foundation in Poland), Adam Lamentowicz (Chief Commercial Officer, Superbet), Ed Birkin (Managing Director, H2 Gambling Capital), Maarten Haijer (Secretary General, EGBA), and Marek Plota (Attorney-at-Law, RM Legal Firm) will debate whether concerns over illegal gambling and market restrictions could finally push policymakers toward reform in 2026.

In ‘Finland’s Waiting: The Start of a New European Market‘, panelists Jaakko Soininen (Managing Director, Finnplay), Antii Koivula (Chief Compliance Officer, Hippos ATG), Sverker Skogberg (Senior Vice President, Public Affairs, PAF), Ivana Pejiic (Head of Compliance, Betsson Europe), and Jari Vahanen (Co-Founder & Partner, Finnish Gambling Consultants) will discuss the early challenges emerging from Finland’s transition to a new licensing regime and how regulators are responding.

Sessions across the day will also explore Romania’s ongoing debate around gambling reform, Estonia’s efforts to maintain long-term competitiveness within a mature regulated market, and how the 2026 FIFA World Cup has heightened regulatory scrutiny of betting markets and sports integrity.

Regulatory Meet-ups with IAGR and IMGL

Attendees looking to dive deeper into the regulatory issues discussed on stage can also take part in the Regulatory Meet-ups, a new networking initiative for 2026 organized in partnership with the International Association of Gaming Regulators (IAGR) and the International Masters of Gaming Law (IMGL).

Covering regions including Asia, Africa, LatAm, Eurasia, and the Balkans, alongside market-specific sessions focused on the UK, UAE, Finland, Curaçao, Italy, Greece, and Portugal, these meet-ups allow delegates to connect directly with the regulators, legal experts, and industry leaders shaping gaming markets worldwide.


Taking place Sept. 29 to Oct. 1, SBC Summit will welcome 40,000 industry professionals to the Feira Internacional de Lisboa & MEO Arena for three days of networking, exhibition, and education.

Access to SBC Summit’s conference is included with Conference, Business, and VIP Passes.

Delegates wishing to attend conference sessions and the Regulatory Meet-ups will require a Business or VIP Pass.

Pragmatic Play and Games Global dominate bet365’s list of Canada’s top online slots

As bet365 prepares to launch its online casino and sportsbook in Alberta’s new iGaming market this summer, the British operator has released its latest breakdown of which online slots are most popular with Canadian players.

Each month, the bet365 online casino report assesses more than 7,500 games across 20 jurisdictions to highlight some performance trends in its various operational markets worldwide. It measures slots’ popularity using an algorithm taking into account several metrics such as revenue, stakes, sessions and engagement.

bet365 looks at several key territories, including both the regulated Ontario market and bet365’s operations in the rest of Canada. Only slots are reviewed, not table games or live casino. May 2026 saw a debutant top the online slots charts in Ontario, while two new entries made their mark in the rest of Canada.

Pragmatic Play dominates Ontario online slots

In Ontario, bet365 reported that Pragmatic Play’s Big Bass Halloween 3 took first place in its very first month on the market in May.

The latest entry in the Big Bass series finished ahead of Games Global’s Area Link Phoenix Firestorm at No. 1, while the same developer’s Area Link Bank Boss fell eight places from first in April to ninth among Ontario online slots in May.

Big Bass Halloween was one of several Pragmatic Play online slots that were highly popular with bet365 players in Ontario last month. The supplier’s Gates of Olympus Super Scatter held its spot from April to complete the podium positions, Sugar Rush Super Scatter rose eight places to finish fourth, and Sugar Rush 1000 was eighth.

The exclusive bet365 High Flyer rounded out the top five bet365 online slots in Ontario in May, while 5 Lions Megaways — yet another Pragmatic Play title — was the biggest monthly climber, surging 22 places up to seventh.

Games Global takes 1, 2, 3 on bet365 Canada

Games Global’s Area Link Phoenix Firestorm may have had to settle for silver in Ontario in May, but it secured top spot in the rest of Canada, jumping from third on the bet365 casino platform.

That headlined a stellar month for the online slots supplier outside Ontario: its Amazing Link Zeus and Area Link Bank Boss finished in second and third in the province, respectively.

Pragmatic Play’s Bigger Bass Splash and Big Bass Vegas Double Down Deluxe ended May in fourth and fifth, respectively, after the latter of those two games jumped 23 positions.

Two new entries made it into the top 10: Pragmatic’s Sweet Bonanza 2500 in seventh and Relax Gaming’s Temple Tumble at No. 9.

bet365 ready for regulated Alberta iGaming

bet365 has operated across Canada for years. A longtime grey-market operator, it transitioned to regulated online gambling in Ontario when that province became the first to begin licensing and taxing iGaming in April 2022.

The company is currently undergoing a similar process in Alberta, which is launching its own regulated iGaming market on July 13. As in Ontario, bet365 will continue offering both casino and sports betting under Alberta’s new provincial regulations.

“When we enter any new market, our priority is ensuring that we enter the right way, fully aligned with provincial/state requirements,” bet365 Assistant Vice President of Business Development and Government Affairs Andrew Moreno told Canadian Gaming Business last month. “Having already launched in Ontario and being one of the top betting platforms, we have a strong foundation in the Canadian regulatory landscape.”

Unlike Ontario, which offered operators a grace period to move from unregulated to licensed gaming, Alberta requires all registrants to cease any unregulated activity when the market launches on July 13, as a condition of their approval. Some exceptions may be made in certain circumstances, said Alberta Gaming, Liquor, and Cannabis (AGLC).

As of June 12, bet365 is one of around 50 iGaming brands approved to do business in Alberta.

theScore Bet to sponsor CFL app and fantasy product in Ontario and Alberta

theScore Bet has secured another Canadian sports sponsorship deal, this time with the Canadian Football League (CFL).

The sportsbook and casino recently signed a deal with the CFL to present the league’s all-new CFL Fantasy game, a free-to-play offering that allows fans to draft rosters of CFL stars and compete in season-long contests in public or private leagues.

theScore Bet will also be the presenting sponsor of the CFL App, which will launch later this year with cross-branding, custom promotions and, notably, a betting odds integration that allows users of the CFL app (as well as theScore media app) to view and engage with the operator’s CFL betting markets and odds.

CFL deal gives theScore Bet more Alberta penetration

The CFL noted in a press release that its partnership with theScore Bet, which makes the operator an official sports betting and casino partner of the league, will face not only Ontario, where the historical Canadian sports brand has offered online sports betting and casino for four years, but also Alberta.

Alberta is due to become the second province to launch commercial regulated iGaming on July 13 and theScore’s American parent company, PENN Entertainment, has high hopes for the province.

“We feel really good about our launch there,” said PENN Chief Technology Officer Aaron LaBerge on a company earnings call in late April, shortly after theScore Bet was approved for an operator’s license in Alberta.

“Obviously, theScore brand in Canada is very strong. It’s the number one media sports brand in market … We enjoy a very nice market share in Ontario today. It’s a big part of our gaming business, and we expect to see similar market share [in Alberta] based on the investments we’re going to make.”

Alberta has a fervent CFL fandom and is one of just two provinces (along with Ontario) that have more than one team in the league: the Calgary Stampeders and the Edmonton Elks.

theScore adds to Canadian sports partners

The CFL adds to theScore Bet’s list of sports partners in Canada.

Most notably, the operator has a 10-year exclusive deal with the Toronto Blue Jays that has yielded broadcast visibility, signage at Toronto’s Rogers Centre, and exclusive games such as Blue Jays Blackjack on theScore Bet and theScore Casino apps.

Image: Toronto Blue Jays

theScore Bet also has a commercial agreement with Golf Canada that makes it the organization’s exclusive official gaming partner. The partnership includes sponsorship of Canada’s marquee national golf championships, the RBC Canadian Open and CPKC Women’s Open.

CFL also renews with FanDuel

Meanwhile, the CFL has also extended its existing collaboration with FanDuel Canada, a partnership that first began back in 2023. The league has also enlisted other Canadian sports betting partners, including Soft2Bet’s ToonieBet brand.

Last month, sports streaming giant DAZN announced that it will become the exclusive Canadian broadcaster of CFL Saturday Night Football games starting in 2027, and will stream every CFL game in its worldwide markets outside North America.

Incidentally, DAZN Bet, the company’s online sports betting arm, has been approved to launch iGaming in both Ontario and Alberta.

Alberta regulator lays out rules for how casinos can promote iGaming

As multiple Alberta casinos prepare to expand into iGaming when the province’s market opens next month, the province’s regulator has clarified where it stands on brick-and-mortar casinos advertising online gambling.

In an AGLC bulletin issued on Tuesday, June 9, Alberta Gaming, Liquor, and Cannabis (AGLC) confirmed that it has updated its Casino Terms & Conditions and Operating Guidelines (CTCOG) to state that casino facility licensees “must not advertise or offer inducements on behalf of a registered iGaming operator”.

In essence, that serves as confirmation that land-based casinos in the province will be held to the same standards as commercial iGaming operators who enter the new market, which is due to launch on July 13.

Alberta borrows Ontario’s approach

AGLC’s iGaming regulations ban advertising for inducements such as sign-up bonuses, no-sweat bets, and other promotional credits, unless they are advertised on an operator’s site or sent directly to players who have opted in to receive such marketing.

That rule, which was borrowed from Ontario’s four-year-old online gambling market, means that bettors must visit an operator’s site or app if they want to see any sign-up offers or promotions, unless they opt in for further promotional and marketing communications.

The AGLC standards update also now stipulates that casinos will not be able to tie the province’s ‘Winner’s Edge‘ retail casino rewards program to separate sportsbook operations or iGaming offers or promotions.

Welcome to Alberta sign, the kind that might greet gaming operators when the enter the upcoming market
Image: oasisamuel / Shutterstock.com

Alberta wants land-based casinos to dive into iGaming

Currently, AGLC’s own Play Alberta is the only government-approved online gambling site in the province. Land-based casinos can offer slots, table games, and more in their brick-and-mortar venues through agreements with AGLC, but iGaming is strictly AGLC’s own domain.

Not for much longer, as the province is opening its doors to dozens of commercial online casinos and sportsbooks on July 13.

Alberta’s iGaming regulations allow for brick-and-mortar casinos to partner with registered iGaming operators on things such as retail sportsbooks at their land-based locations. In those instances, casino licensees will get to keep 75% of the net gaming revenue from their sportsbook operations, and AGLC confirmed to Canadian Gaming Business that the province’s regular advertising policies for casinos will apply to partner retail sportsbooks.

Alberta’s minister responsible for iGaming, Dale Nally, said recently that he hopes to see “as many land-based operators in Alberta participating in the online space [as possible].” However, he stressed that Alberta gaming authorities did not want to mandate that online casinos must be tied to a land-based casino through a revenue-sharing partnership.

That kind of approach is utilized in some U.S. states — particularly where tribal gaming interests are prominent, as is the case in Alberta — but does not marry well with Alberta’s open-market iGaming model. More than 40 Alberta iGaming operator sites are registered with AGLC already.

Alberta minister Dale Nally. Image: SBC

“It’s up to [land-based casinos] to decide how they participate,” Nally said during a fireside chat at SBC Summit Canada 2026 in Toronto last month. “Do they have a partnership with an online casino? Do they form their own that will sort of evolve organically?

“Our approach will always be individual personal choice and individual responsibility, and that is best defined by an open market, and you don’t have an open market if you force online operators to tie themselves to land-based casinos. So we didn’t want to go that approach.

“But we are certainly encouraging land-based operators to participate in the space, and we also want to see First Nations in Alberta participating in the online gaming space.”

Multiple First Nations casinos register for iGaming

Some First Nations-run casinos have already signaled their intent.

Alongside big names of online gambling like FanDuel, DraftKings, bet365, BetMGM, and theScore Bet, multiple Indigenous-owned brick-and-mortar casino operators in Alberta have registered to offer their own iGaming brands.

Pure Casino Entertainment, which owns four Alberta casinos and also recently announced a deal to acquire Gamehost Inc.‘s portfolio of three casinos and multiple hotels, is listed as an iGaming licensee. Another approved operator is River Cree iGaming, the upcoming online gambling arm of River Cree Resort and Casino in the Greater Edmonton Area.

Image: SBC

Pure has begun sending out broad-spectrum email blasts in recent weeks to tease the upcoming launch of its iGaming arm.

Casinos can send out marketing like this for their online gambling operations; they just can’t bombard existing or would-be users with direct incentives to gamble like sign-up offers.

Alberta continues to tweak gaming rules

The June 9 casino advertising update is not the first time AGLC has tweaked its regulations in the lead-up to Alberta’s iGaming launch.

In February, AGLC updated its casino rules to stipulate that all brick-and-mortar casinos must be able to electronically connect to the province’s centralized self-exclusion platform. It also announced in March that it will not allow election betting or wagering on other political events.

In March, AGLC made a further substantial update to its casino operating guidelines, laying out numerous rules for how land-based venues can offer retail sports betting in Alberta, including capping an individual in-person sports or event bet at a maximum of $1,000.

SBC Awards Americas 2026 honour BetMGM, Nuvei, Soft2Bet’s ToonieBet

BetMGM, Betano parent Kaizen Gaming, Sportradar, and Soft2Bet were the standout performers at SBC Awards Americas 2026, as all four companies picked up two awards at Wednesday night’s ceremony at Pier Sixty Six in Fort Lauderdale, Florida.

The ceremony, part of SBC Summit Americas 2026, celebrated excellence across North America and Latin America, recognizing the operators, affiliates, suppliers, and individuals driving innovation across the betting and gaming industry. Broadcaster and TV personality Andrea Ocampo hosted the ceremony, where 34 accolades were handed out in front of an audience of 600 industry leaders.

“One of the most rewarding parts of these ceremonies is having the opportunity to recognize the people and companies making a real impact,” said SBC Founder and CEO Rasmus Sojmark. “The standard of this year’s entries was incredibly high, which makes these achievements even more impressive.”

Hard Rock and FanDuel named operators of the year

In the North American operator categories, FanDuel Sportsbook retained the Sportsbook Operator of the Year title that it won in 2025, while Hard Rock Bet Casino (soon to arrive in Ontario) was named Casino Operator of the Year.

Meanwhile, BetMGM and Sportradar each won a pair of awards. BetMGM was commended as Employer of the Year and also picked up the Marketing & Sponsorship Campaign of the Year title, while Sportradar won both the Sports Data Product and Live Betting & Gaming Product awards for a second consecutive year.

In Latin America, Kaizen Gaming enjoyed a dominant night again, retaining both Sportsbook Operator of the Year – Latin America and Casino Operator of the Year – Latin America.

Altenar named best sportsbook supplier

Among the supplier categories, Altenar was named Sportsbook Supplier of the Year.

White Hat Studios secured the Casino Supplier of the Year – North American title, while Pragmatic Play retained the Latin American version of that award. Meanwhile, Spribe’s Aviator claimed the coveted Game of the Year award.

Elsewhere on the supplier side:

  • Digitain won Platform Provider of the Year
  • Xtremepush successfully defended its Acquisition & Retention Partner title
  • OpenBet secured Compliance Solution of the Year
  • BetConstruct won Land-Based Betting & Gaming Product

Betsson and Rush Street win social awards

Two other Ontario-licensed operators were recognized with awards recognizing their commitment to social governance.

Honouring the industry’s dedication to safer gambling, Betsson Group was awarded the Socially Responsible Initiative of the Year award, while BetRivers parent Rush Street Interactive was named Social Gaming Operator of the Year.

In the affiliate categories, Betting Hero is the Affiliate of the Year – North America and Flashscore won the award in Latin America. On the payments front, Nuvei claimed Payment Solution of the Year – Latin America, with the North American edition going to WorldPay.

Soft2Bet’s innovation recognized

Innovation was also celebrated across both regions, with Soft2Bet winning Industry Innovation of the Year – North America and INSIGHTPLAY.AI taking the Latin American equivalent.

Soft2Bet also won an award for its Canadian-facing brand ToonieBet, which was given the prestigious Rising Star of the Year prize.

SBC Awards Americas also spotlighted emerging talent in online sports betting and casino specifically, as Octoplay won Rising Star in Casino and OpticOdds picked up the award for Rising Star in Sports Betting.

MGM Resorts VP Shrestha named Leader of the Year

The individual categories highlighted some of the industry’s leading figures.

MGM Resorts International VP of Online Gaming Vik Shrestha is this year’s Leader of the Year – North America award, and Pay4Fun CEO Leonardo Baptista was named Leader of the Year – Latin America.

In the Tribal categories, Choctaw Casinos & Resorts was named Tribal Gaming Operator of the Year and Heidi Grant, Senior Executive Officer for the Division of Commerce of the Choctaw Nation of Oklahoma, secured the Tribal Leader of the Year award.

“Congratulations to all of our winners and finalists on their well-deserved success,” added Sojmark. “It was a fantastic evening and a fitting celebration of the talent, innovation, and ambition that exists across North and Latin America.

“I’d like to congratulate all of our winners once again and extend my thanks to Betsson Group, our Headline Sponsor, as well as all of our supporting sponsors for helping make this year’s SBC Awards Americas possible.”

Here’s the full list of SBC Awards Americas 2026 winners.

The awards ceremony came on the night of Day 1 at SBC Summit Americas 2026, which you can recap on SBC Americas.

SBC Americas will also keep you up to date with what happens on Thursday in its rolling live coverage of Day 2.

How are Canadian sportsbooks capitalizing on 2026 FIFA World Cup betting?

This summer is primed to be one of the biggest sports betting events in history, with a flurry of FIFA World Cup betting expected across Canada.

With 104 games across 39 days and three countries, betting-friendly kickoff times in North America, 13 matches hosted in Toronto or Vancouver, and widespread interest from coast to coast in a multicultural country, Canadian sportsbooks are preparing for one of the busiest periods they’ve ever seen. That’s particularly true in Ontario’s maturing regulated market, where dozens of online sportsbooks compete for customers’ time and money.

Gambling market data firm H2 Gambling Capital estimates that more than $400m will be bet on FIFA World Cup 2026 via regulated sportsbooks in Canada.

Canadian Gaming Business reached out to licensed sportsbooks in Ontario, as well as the British Columbia Lottery Corporation (BCLC), to find out more about their plans ahead of the World Cup kickoff on June 11, as well as some insights into what they’re seeing from bettors so far.


Team Canada is Caesars’ biggest potential liability

Caesars Sportsbook is offering more than 10 times the number of futures markets that it offered for the last men’s FIFA World Cup in 2022, the biggest menu it has ever offered for a soccer event. It also launched several new engagement features in the lead-up to the tournament, including:

  • Spin2Win — A daily three-reel, three-spin slot that offers players the chance to lock selections of specific World Cup outcomes to earn rewards like bonus bets or profit boosts
  • Parlay Your Bracket — A bracket game that lets users map out the entire tournament from the group stage all the way to the final
  • Flex Parlay — A new parlay option that pays out as a win even if one or two picks lose

Caesars is also offering tournament Same Game Parlays that allow fans to build customized bets across markets like tournament winner, which team(s) will reach the final and who will win their group.

“That flexibility is something we expect will really drive engagement throughout the World Cup,” Caesars Sportsbook’s Head of Soccer Mark Bickerdike told Canadian Gaming Business. “We’ve seen significant parlay activity, especially on favourites to win their respective groups, so we’ll certainly be rooting for one or two early upsets.”

The most popular markets so far on Caesars have been major futures such as the outright winner. While France and Spain are rated as the favourites, Portugal has been the most popular selection in Ontario in terms of total wagers placed, while England has attracted the highest overall handle.

“Interestingly, Ontarians are not showing strong patriotic bias, with Canada only the fifth most wagered-on team,” added Bickerdike. “However, they do represent our largest potential liability in the Ontario market. Of particular interest locally are our player-focused futures markets. For example, Jonathan David’s total tournament goals line is currently set at 1.5, giving Ontarian customers a clear opportunity to back one of their most prominent national players.”

Image: ACHPF / Shutterstock.com

BetMGM: 16X more bets on Canada’s opener than any other game

BetMGM Chief Revenue Officer Matt Prevost told Canadian Gaming Business that Canada’s opening game against Bosnia and Herzegovina in Toronto is by far the most bet-on game on BetMGM Sportsbook in Ontario.

That match on Friday, June 12, is one of the most popular FIFA World Cup betting markets of any kind on the platform, along with the tournament winner futures market. As of the time of writing, there had been 16 times more bets on the Canada opener than on any other individual game.

“BetMGM is built around delivering legendary moments, and there is no bigger stage in soccer than the World Cup,” added Prevost. “With Canada hosting matches on home soil, this is a defining moment for the sport and a unique opportunity for Canadian fans to connect directly to the action.”

The Canadianism is strong with BetMGM Ontario bettors; the sportsbook noted that Canada is the ninth most-picked team to win the tournament, there are twice as many wagers on Canada than any other team to win Group B, and there have been 10 times more bets on Canada’s moneyline than on any other team to win their first match of the tournament.

Meanwhile, Portugal are also a favourite of BetMGM bettors in the province: Cristiano Ronaldo’s team have both the most wagers and the highest betting handle on them to lift the trophy.

BetMGM also has a range of special offers and markets, including:

  • Goal Rush — Bettors who place a $5 bet can win a share of $100,000 in bonus bets for every goal scored by Canada in the World Cup
  • GoalFest — Users have a chance to win $50,000 through the BetMGM GoalFest Sweepstakes by participating in BetMGM’s virtual penalty kick activation in downtown Toronto near the official FIFA Fan Festival site

BCLC hosting Vancouver pop-ups and watchalongs

Over on the west coast, BCLC has teamed up with the Vancouver pub The Butcher & Bullock to host a series of PROLINE House Pop-Ups.

The events will offer free activations for residents and visitors, a 17-foot sportsbook screen delivering every match, live PROLINE sportsbook betting terminals, and prize giveaways. GameSense Advisors will be on-site to provide healthy play support and education.

Image: AlbertArt / Shutterstock.com

Online, the lottery corporation’s PlayNow iGaming platform is giving away a total of $250,000 in prizes, with five weekly $20,000 draws and a $150,000 grand prize, with only a $5 bet required to enter. Other offers include up to $25 in bonus bets for every goal scored by Canada during the tournament for players who place a qualifying Same Game Parlay on Canada games, as well as daily specials and super boosts throughout the tournament.

“With the world’s biggest tournament in our backyard, we wanted to go big for both B.C.-based and visiting international fans,” BCLC Chief Operating Officer Dan Beebe told Canadian Gaming Business. “Our PROLINE House Pop-Ups are sure to deliver the energy of match day, while PlayNow is offering some of the biggest prizes we’ve ever given away. This is our chance to help make the tournament unforgettable for fans across the province through exciting and engaging experiences.”


Sportsbooks lean into World Cup novelty betting

Meanwhile, as well as the widest range of FIFA World Cup betting markets ever on offer, some operators are giving users the chance to bet on some unique novelty markets around the tournament.

Super Group’s Betway brand, for example, has markets on whether U.S. President Donald Trump will turn up at the World Cup this summer after his appearance during the NBA Finals on Monday night, including:

  • Will President Trump appear at USA’s opening game against Paraguay?
  • Will President Trump appear at the 2026 World Cup final?
Image: Informa Plus / Shutterstock.com

Meanwhile, FanDuel Canada offers Ontario users the chance to choose from a selection of World Cup novelty betting markets, including:

  • The total number of games Toronto Mayor Olivia Chow would attend in the city
  • What Michael Bublé or Alessia Cara’s first song would be at the pre-game opening ceremony on June 12
  • Which special musical guests may appear during a half-time show during the tournament

FanDuel also rolled out one of the most striking bonus offers: a “No Brainer” boost on the chances of there being at least one shot on target in the game that raised the odds of either Canada or Bosnia and Herzegovina registering a shot on target from -10,000 to +101, effectively offering customers a double-your-money wager.

Just like Team Canada this summer, sportsbooks are shooting their shot.

CGA’s Brewer: Meta must do better on online gambling advertising

Canadian Gaming Association Senior Vice President of Policy & Communications Amanda Brewer asks whether revenue or player protection is more important to Meta when it comes to gambling advertising.

A version of this story first appeared in the Summer 2026 issue of Canadian Gaming Business magazine.


Canada has historically operated as a grey market for offshore online gaming. Conservative estimates indicate that Canadians have participated in online gambling for nearly two decades. While the exact amount of money exiting the country in this manner remains under debate, it is widely acknowledged as substantial — in the millions of dollars.

Ontario pioneered the introduction of regulatory standards to license and oversee this activity. Recognizing the importance of provider and consumer choice, the Alcohol and Gaming Commission of Ontario (AGCO) understood that it could not feasibly restrict products that had been available without limitation for many years. As a result, Ontario established an open, multi-product market.

Equally vital, however, was the prioritization of player protection measures.

Amanda Brewer speaking at SBC Summit Canada 2026. Image: SBC

Prior to regulation, there was no assurance that operators were effectively screening customers to prevent underage or vulnerable individuals from opening accounts. Game integrity was not guaranteed, nor was the security of funds, and responsible gaming tools were probably unavailable.

Given the prevalence of online gambling, Ontario’s decision to regulate was prudent and responsible. The advent of regulation brought with it increased gambling advertising; for the first time in four decades, residents were exposed to advertisements beyond those from lottery corporations. Advertising is a privilege afforded by licensing and serves as the primary means by which the public identifies regulated operators.

Channelization is a key metric, representing the migration of players from unregulated websites to legal, regulated platforms. By 2025, Ontario had achieved a channelization rate of approximately 84%, effectively transitioning most users to a safe and taxable environment. Before regulation, up to 70% of online gambling occurred on unregulated sites.

Nonetheless, a notable portion of participants still use platforms lacking Ontario’s comprehensive player protections. This is exacerbated by Meta’s lackadaisical approach to enforcement.

Where’s the logic on gambling advertising?

iGaming Ontario provides a current list of all licensed operators. Ideally, prospective players would consult this list before creating an account. However, many are persuaded by sponsored posts on Meta channels Instagram and Facebook.

As a result, numerous Ontarians struggle to differentiate between regulated operators and unlicensed platforms.

Meta allows users to select categories of interest to them. Included alongside books and cosmetics is a category called “real money gaming”. You might assume that category would geolocate advertisements and require proof of licensing or IP ownership before publishing posts. That seems logical, doesn’t it?

But that’s not the case.

For the past four years, land-based casinos across Canada have been targeted by scammers who use images of their venues to direct users to offshore online platforms. As a result, my Instagram feed is now flooded with sponsored ads for real money operators based offshore, none of whom hold licenses in Ontario.

Even the Canadian Gaming Association is being fraudulently represented (with a micro adjustment as “Canada Gaming Association”) as a platform for Pickering Resort & Casino, a land-based venue operated by Great Canadian Entertainment that, in reality, has no online presence.

With these operators, there are no Know Your Customer (KYC) requirements, which typically involve verification of identity, employment, salary, location, and source of funds. Additionally, some operators utilize virtual private networks (VPNs) to bypass geolocation protocols.

Investigations and leaked internal documents in 2026 revealed the extent of Meta’s earnings from “high-risk” or illegal advertising. Although Meta does not specifically track illegal gambling as a separate revenue stream, its internal evaluations present a clear depiction of the issue.

Leaked reports from 2024-25 indicate that Meta estimated that around 10% of its yearly revenue, equating to about $16bn, is generated by advertisements for scams and banned products such as illegal online casinos.

On average, Meta’s platforms are said to display roughly 15 billion suspicious ads each day.

Image: Koshiro K / Shutterstock.com

Inability or unwillingness?

Meanwhile, the gaming industry is under scrutiny from senators and several federal ministers who have expressed regret over their prior support for Bill C-218, legislation that enabled single-event sports betting across provinces. Bill S-211, which is now awaiting House of Commons committee discussion after passing the Senate, aims to reintroduce federal oversight of provincial gaming rights — potentially duplicating regulatory efforts seen in jurisdictions such as Ontario and, soon, Alberta.

Organizations are already engaged in robust regulatory activities, including:

  • Ad Standards Canada
  • thinkTV
  • The Responsible Gambling Council

Even some lawmakers who generally support gaming initiatives feel obliged to endorse Bill S-211, viewing it as a necessary step. Media commentary remains critical of industry practices, with increasing calls for a comprehensive gambling advertising ban akin to those imposed on alcohol and cannabis products.

But consumer protections are effective only if individuals participate on regulated platforms, and advertising plays a crucial role in informing consumers about which operators are officially regulated.

Dr. Kahlil Simeon-Rose, drawing on his recent research into channelization and online gambling regulation, contends that licensed operators should be permitted to advertise through mainstream channels. This provides a competitive advantage over offshore operators, who continue to risk enforcement actions.

Prohibiting gambling advertising would likely eliminate this advantage without curbing the visibility of offshore operators, who maintain exposure through affiliates, social media, and search engines.

With advertising facing multiple threats, including malicious offshore operators, each broadcaster must remain alert, and Meta should address its own issues.

During a speech at ICE in January 2026, Tim Miller, Executive Director of the United Kingdom’s Gambling Commission (UKGC), accused Meta of ignoring illegal gambling sites that advertise on Facebook and Instagram.

Miller described Meta’s platforms as “effectively a window into criminality”. Although Meta’s rules require gambling companies to be licensed in the countries where they advertise, Miller alleges the tech giant isn’t enforcing these requirements. “If we can find them, then so can Meta: they simply choose not to look.”

The UKGC is intensifying its crackdown on illegal gambling operators who target local consumers but evade regulations. The UK has removed hundreds of thousands of websites linked to unlicensed operators and issued cease-and-desist notices, yet the challenge persists as operators constantly change tactics.

Ads for illegal gambling impact vulnerable individuals and benefit “criminals and con artists,” Miller stated. Unlicensed operators do not pay taxes, and consumers are at greater risk of fraud. According to Miller, Meta suggested the UKGC use artificial intelligence tools to identify and report illegal ads, promising to remove them once notified.

Image: Tada Images / Shutterstock.com

But Miller questioned Meta’s willingness to act.

“I would be very surprised if Meta, as one of the world’s largest tech companies, is incapable of proactively using their own keyword facility to prevent the advertising of illegal gambling,” he said. “It could leave you with the impression they are quite happy to turn a blind eye and continue taking money from criminals and scammers until someone shouts about it.”

Meta: A failed partner?

In Ontario, there is currently no indication that Meta is actively enforcing its proof-of-license requirements for gambling advertising.

By transferring responsibility to regulators or individuals to report fraudulent accounts, Meta avoids direct accountability and permits scammers and other bad actors to target unsuspecting customers, including vulnerable groups who should not be exposed to these advertisements.

This underscores the necessity for reforming the Criminal Code to enhance protections for participants and to further safeguard the markets that provincial governments have sought to make more secure.

In 2026, technology is available to geolocate ads and block operators lacking valid licenses or IP verification. Ontario has worked diligently to establish standards and create a safety net for responsible gambling. Meta’s efforts fall short, earning them a failing grade as a partner in this industry.

We have a problem with Meta. And we invite them to do better.