Entain CEO Resigns, Betano to Cease Grey Market Operations in Canada – Northern Exposure Update

Each week, Canada Sports Betting summarizes the top sports betting and iGaming news in Canada and highlights upcoming events.

Event of the week – UFC 296
The final UFC pay-per-view event of the year is taking place at T-Mobile Arena in Las Vegas on Saturday night. The main card will feature five bouts, including a pair of title fights. Leon Edwards will be putting his welterweight title on the line against Colby Covington, as well as Alexandre Pantoja putting his flyweight title on the line against Brandon Royval. Be sure to check back with Canada Sports Betting on Saturday for a full betting preview of the event.

Entain CEO steps down
Entain CEO Jette Nygaard-Andersen announced she is stepping down from her role with the international sports betting and gambling company, effective immediately. She’ll be replaced in the interim by non-executive director Stella David. The news comes just a week after Entain agreed to pay a £615 million settlement to resolve an investigation into potential bribery offences at its former Turkish business.

Betano exiting the majority of Canadian markets
Kaizen Gaming’s Betano brand will be shuttering its Canadian grey market operations outside of Ontario starting Dec. 18. As of this date, customers residing outside of Ontario will not be able to make deposits, place sports bets, or play online casino games. The operator is asking all customers to withdraw their funds by Jan. 31, 2024. This executive decision has been made to align Kaizen Gaming with only regulated markets, according to a source.
NorthStar Bets’ new handicapper
Legendary hockey coach and broadcaster Don Cherry is the newest hockey handicapper for NorthStar Bets. He’ll be sharing his ‘Cherry’s Picks’ for select NHL games throughout the season. Bettors who are interested in Don’s NHL betting angles can find them on the operator’s website under sports betting insights.

Gambling reform in Manitoba?
The provincial NDP government in Manitoba is considering lifting a ban on the expansion of gambling. A mandate letter from Glen Simard, the minister responsible for liquor and lotteries in the province, has asked Manitoba Liquor & Lotteries Board Chair Jeff Traegar to conduct a review of the gambling sector. The government plans to lift the “pause” gradually, and that could mean the installation of more VLTs across the province in the future, as well as promoting the sole legal gambling platform, PlayNow.

With an estimated population of only 1.5 million, it’s also questionable whether private operators would even want to invest to set up shop in Manitoba, should the government explore the possibility of an open iGaming market.