OSC Stops NorthStar Gaming Shares From Trading Following Audit Issue

NorthStar Gaming has run into trouble after its auditor pulled back a key financial filing, prompting regulators to step in. The company’s shares are now frozen from trading while the situation gets addressed.

The order from the Ontario Securities Commission means NorthStar Gaming, the company behind NorthStar Bets, can’t trade its shares on the TSX Venture Exchange for now. The betting platform itself is still operating normally in Canada. You can find more updates in our Canada news section, the development may raise concerns for players and anyone considering investing in the company.

Why regulators stepped in

NorthStar Gaming wasn’t able to submit its audited financial statements for the year ending 31 December 2025, which it is required to file with the Ontario Securities Commission. The delay stems from an issue raised by the company’s independent auditor, although NorthStar has disagreed with the auditor’s concerns.

On 6 May 2026, the auditor formally withdrew its previous report from 14 May 2025, which covered the 2024 financial year. By withdrawing that report, the auditor indicated that the earlier statements should no longer be relied on and that it no longer had confidence in the company’s 2025 figures either.

Without the auditor’s approval, NorthStar couldn’t complete the filings it needed to submit. The company attempted to secure a Management Cease Trade Order to buy more time, but the OSC did not believe the statements would be ready within the required two‑month window and rejected the request.