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Canadian platforms shouldn't offer sports or entertainment prediction market bets, regulators say

Published

27 August 2026

Topic

regulatory

Sectors

Fintech

Geography

Canada

Source

Read at betakit.com

Verified

Fusion42 · 27 August 2026 · Fusion42 review

Canadian securities regulators have decided that sports and entertainment prediction market contracts should not be regulated as securities or derivatives and that CIRO members cannot offer these contracts, while economic, climate, and financial event contracts remain regulated.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

You face a new regulatory boundary where sports and entertainment bets are barred within regulated platforms in Canada, pushing these markets outside formal securities frameworks and potentially into unregulated spaces.

Coverage

1 source · 27 Aug 2026

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Topics

Fintechprediction-marketsregulationsecurities-lawgaming-lawCIROWealthsimple