Canadian Lottery Coalition seeks tighter prediction market controls in Canada
Prediction markets face calls for stronger restrictions after financial regulators stated sports event contracts should not qualify as securities.
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Prediction markets face calls for stronger restrictions after financial regulators stated sports event contracts should not qualify as securities.
Failures to report suspicious transactions resulted in anti-money laundering penalties that both gaming corporations paid in full.
Atlantic Lottery will not contest the compliance penalty.
Atlantic Lottery will pay the penalty without contesting FINTRAC’s ruling.
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