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19+ Independent coverage of Canada's regulated gambling market
Gambling news · Canada
BUSINESS August 16, 2026

Caesars Explains Why It Picked Fertitta’s $31 Bid Over Icahn’s Higher $34 Offer

A new SEC filing shows Caesars rejected Carl Icahn’s $34-a-share bid over financing gaps, citing Tilman Fertitta’s $17.6B deal as more certain.

BUSINESS Aug 16
Twenty-eight Chicago alderpersons demand Bally’s honour its host agreement after the operator paused non-gaming work, citing a video terminal dispute.
REGULATION Aug 15
A top New York assemblymember says online casino legalization remains distant, underscoring how slowly U.S. iGaming expansion compares with Ontario’s open market.
ENFORCEMENT Aug 15
Kalshi lost in Connecticut and Washington state courts this week as the CFTC took the unusual step of ordering it to keep operating in New York.
ENFORCEMENT Aug 14
Baltimore alleges Kalshi, Polymarket and partner apps ran unlicensed sports wagering, deepening North America's prediction-market legal fight.
Canadian market data · Q2 2026
Total wagers, Q2 C$25.1B
Gaming revenue C$914M
Live operators 51
Active player accounts 1.4M

Latest

Updated hourly
BUSINESS Aug 14
Ladbrokes owner Entain absorbed a £56M H1 hit from UK's remote gaming tax rise but says rivals' struggles are handing it market share, including gains in Canada.
ENFORCEMENT Aug 13
Prediction market platforms are referring dozens of suspected insider traders to the CFTC, but a gutted enforcement staff has charged just three people.
REGULATION Aug 13
Fliff and Onyx Odds have filed to become federally regulated futures brokers, the latest sign sweepstakes operators are eyeing prediction markets.
REGULATION Aug 12
Gambling firms, the Seminole Tribe and Kalshi have given over $12M to Florida politics, mostly to GOP hopeful Byron Donalds.

By province

13 jurisdictions, 13 rulebooks
ON Open market
51 operators live under iGaming Ontario
AB Launching 2027
First private licences issued this month
BC Crown monopoly
PlayNow keeps exclusive online rights
QC Under review
Loto-Québec consults on opening up
ATL Crown monopoly
Atlantic Lottery online growth flattens

More news

Aug 12
New York City Council has demanded user, revenue and marketing data from four prediction market platforms amid fears youth are being targeted.
Aug 12
US regulator warns Kalshi and rivals that plus/minus odds could mislead traders, as legal fights over prediction markets and gambling law continue.
Aug 12
Michigan and Nevada have cut ties with the NCPG after it took $2 million from prediction-market firm Kalshi, sparking a legitimacy crisis.
Aug 12
A federal judge rejected Kalshi's bid to block Connecticut's gambling law, finding its sports contracts aren't federally regulated swaps.
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