Kalshi's Canadian Expansion and World Cup Shockers
Kalshi's expansion into Canada coincides with surprising World Cup outcomes. Wealthsimple's new app offers users thousands of event contracts, while traders face dramatic shifts in fortune.
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Kalshi's expansion into Canada coincides with surprising World Cup outcomes. Wealthsimple's new app offers users thousands of event contracts, while traders face dramatic shifts in fortune.
Indigenous Gaming Partners has received approval to acquire Gamehost, significantly expanding its casino and hotel footprint in Alberta. This move adds three more casinos and two hotels to IGP's existing operations, which include four casinos acquired last year. The acquisition will see IGP pay $13.65 per share in cash for Gamehost's assets, enhancing its presence in the region.
Playtech has officially launched its online poker network in North America through a partnership with FanDuel's PokerStars. This move extends its reach into regulated markets like Michigan, New Jersey, Pennsylvania, and Ontario, marking a significant milestone in its growth strategy.
ADI Predictstreet has launched its new prediction market platform for football fans, allowing real-time forecasts ahead of the FIFA World Cup 2026. The service is now live in 23 US states and aims to enhance fan engagement through innovative technology. Users can fund accounts with fiat and digital currencies, benefiting from a secure and regulated environment.
The River Cree Resort and Casino has successfully completed its exterior renovations, marking a significant step in its expansion project. With the addition of a new 20th floor to its hotel, the venue aims to enhance its offerings significantly. The Enoch Cree Nation, which owns the property, is optimistic about meeting its target opening date in July 2027, as the next phase of construction focuses on the interior.
Alberta's iGaming market is set to launch by mid-July, with numerous applications from leading companies like BetMGM and FanDuel. Excitement builds as the province prepares for this new venture.
The recent SBC Summit Canada in Toronto highlighted the evolving landscape of the gaming industry, focusing on regulation, responsible gambling, and market expansion. With Alberta's market launch approaching, discussions were rich and diverse, reflecting the sector's urgency to adapt and innovate. Industry leaders gathered to forge connections and share insights, marking a pivotal moment for the Canadian gaming sector.
As the 2026 World Cup approaches, Brazil's betting industry is set to showcase its maturity and readiness. With over 180 licensed operators, the country anticipates a surge in activity, targeting more than BRL19 billion in wagers. A significant percentage of Brazilians plan to engage with betting platforms during the tournament, prompting operators to enhance user experiences and ensure responsible gambling practices.