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Ontario regulator halts trading in NorthStar Gaming securities

Enforcement & compliance

The Ontario Securities Commission issued a failure-to-file cease trade order against NorthStar Gaming after it failed to file audited 2025 financial statements, related management discussion and analysis, and executive certifications. NorthStar said its auditor withdrew its report over concerns about controls for a vendor’s player account management software; the company’s annual meeting was postponed, while NorthStar Bets continued operating.

The order suspends trading in NorthStar securities but does not affect its Ontario betting operations.

End-of-day close NorthStar Gaming (BET), CAD, to 26 June 2026
Story date30 March 202626 June 2026

Latest reported results

NorthStar Gaming TSXV: BET

Financial year ended 31 December 2024

Revenue
CAD 29.6m
Operating income
−CAD 19.2m

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Enforcement & compliance

Telegram betting channels continue promotions despite Brazil ban

A media investigation found 87 domains offering betting and withdrawals across six Telegram channels, a month after Brazil’s provisional measure prohibited betting platforms. The channels had more than 43 mil subscriptions, and none of the domains ended in .bet.br; the Finance Ministry’s Secretariat of Prizes and Betting said it had blocked more than 47 mil illegal sites since the measure was issued.

Betting channels on Telegram are still advertising games and referral bonuses in Brazil, a month after President Luiz Inácio Lula da Silva signed a provisional measure banning betting platforms, Metrópoles reported. Its investigation found 87 distinct domains advertised in six channels with more than 43 mil subscriptions combined. None of the 87 domains had the ending that had identified federally authorised platforms before the ban.

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