{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/631b6aaf0e34f50011b0b234/6a765a8cd410c251180bc01a?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Can Wealthsimple Disrupt Canadian Gaming Through Prediction Markets?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/631b6aaf0e34f50011b0b234/1786141245696-224b1ec7-7e96-411b-9725-24008bd60d22.jpeg?height=200","description":"<p>On the latest episode of the Gaming News Canada Show presented by Bede Gaming, host Steve McAllister caught up with Paul Burns. The Canadian Gaming Association president and CEO was in Calgary to meet with representatives from Gibraltar – including the country’s finance minister – who were in Alberta last week for a trade mission.</p><p>&nbsp;</p><p>Burns spoke with McAllister about the one-month-old, regulated sports betting and online gaming market in the western Canada province, and the feedback he’s received on the process leading to the July 13 launch. The arrival last week of Bally Bet gives the new regulated jurisdiction <a href=\"https://www.abigaming.ca/players/registered-igaming-sites/\" rel=\"noopener noreferrer\" target=\"_blank\">some 26 websites</a> and Burns expects more operators will join the market before Labour Day weekend.</p><p>&nbsp;</p><p>McAllister also asked Burns about the CGA’s position on prediction markets as companies such as Wealthsimple are <a href=\"https://newsroom.wealthsimple.com/prediction-markets-in-canada-a-principled-regulatory-framework\" rel=\"noopener noreferrer\" target=\"_blank\">making their case</a> to do business in Canada with oversight from provincial securities regulators and no interference by gambling regulators.</p><p>&nbsp;</p><p>Layoffs at Better Collective and Catena Media last week are the latest to take place in a year that’s seen job cuts across the industry, so we asked Burns for his thoughts.</p><p><br></p><p>The CGA’s head honcho also looked ahead to a busy fall when the association will release a series of white papers on the industry and is also watching bills being debated on Parliament Hill around sports betting advertising and amending the Criminal Code and Indian Act with <a href=\"https://www.parl.ca/DocumentViewer/en/45-1/bill/S-241/first-reading\" rel=\"noopener noreferrer\" target=\"_blank\">regards to gambling</a>. Burns said the association is also continuing to advocate for changes to the rules and regulations around anti-money laundering in our home and native land.</p>","author_name":"Steve McAllister"}