Canada

PlayIt: Ontario – A New Legally Authorized City for Online Betting

Published

3 years ago

May 24, 2022

PlayIt: Ontario – A New Legally Authorized City for Online Betting

Ontario opens a legal online gambling market. The provincial government of the province of Canada-Ontario, after a deep analysis, introduces legislation allowing online gambling to be legal and lawful. The rights were passed in September last year when the provincial government decided to allow online betting. After a keen analysis of the global situation, the provincial government introduces the rules and rights for online gaming. By banning auto play, the provincial government standardizes rules and regulations for playing. A slot of 2.5 seconds is the minimum time for the spin speed.

According to Playit.ca, iGaming Ontario, the subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO), holds the rights and responsibility for regulating the new online market. The Alcohol and Gaming Commission of Ontario (AGCO) is in charge of issuing licenses to operators and suppliers. Since the news broke out in the market, AGCO has received a ton of applications from brands and gaming lovers for the approval of online gaming betting. A lot of big names in the town accredited the approval from AGCO, such as Inspired Entertainment, Play ’n Go, and High 5 Games, Points Bet, the Score, Rivalry, Rush Street Interactive, Bet365, Fan Duel, and 888 are on the list of brands to enjoy online gambling in Ontario. Points Bet Canada was one of the first private sportsbooks to take legal wagers.

Where the AGCO — Alcohol and Gaming Commission — regulates and legalizes the brands for online gaming and betting, at the same time, the AGCO holds the rights to ban any of the gaming brands. AGCO has a very strict policy of taking strong action to address any remaining unregulated Ontario market activity in partnership with law enforcement.

Play it The opening ceremony kicked off in Ontario. Brand owners such as Flutter Entertainment-owned Fan Duel Group, High 5 Games, and the Gambling.com Group participated in the opening ceremony. With the initiation of legalizing online gaming and betting, it opens new gates for the world of casinos and sports betting to come to Ontario.

Stake - Best Online Casino & Sports Betting Platform

Play it In anticipation of the gaming enthusiasts, a free-to-use site, Bets.com, has also been launched in the province to compare legal online sportsbooks and casinos. The purpose of this site is to bring on board all the gaming hubs, brands, and gaming lovers to make the most of online betting through the proper channel. The launch of regulated online sports betting and iGaming is a major milestone and achievement for Ontario’s gaming industry.

This revolutionary step allows a huge variety of operators to enter the market through the right and beneficial approach of the province. This contemporary step fosters competition and ultimately benefits consumers as the operators with the best products rise to the top.

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

Published

2 weeks ago

November 8, 2024

George Miller

ComeOn Group adds sportsbook to its offering in Ontario

ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

Canada

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

Published

2 weeks ago

November 7, 2024

Niji Narayan

INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

Canada

IAGR announces Toronto as host city for 2025 conference

Published

3 weeks ago

October 30, 2024

Adrienn Sarkany

Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.

The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.

‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.

‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’

AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’

Stay tuned for registration details early next year.