New Ontario gambling market officially opens

New Ontario gambling market officially opens

Today has been a long awaited date on the gambling calendar in North America as the new Ontario gambling market officially opens for business.

Since the start of 2022, Ontario has been the topic of conversation in the sports betting and iGaming industries as operators and providers gathered to get in on the action when the market was to officially open on 4th April 2022.

The Alcohol and Gaming Commission of Ontario has had a busy quarter certifying and approving online gambling operators and providers for legal, regulated activities in the Canadian province.

Some of the operator brands that enthusiasts can expect to see making an instant impact on the newly regulated market include 888, BetMGM, BetRivers, FanDuel, LeoVegas and Unibet among others.

On the provider side of things, a number of iGaming software developers have been keen to strike new partnerships with operators in Ontario over the past few weeks, including Oryx Gaming, Relax Gaming, Blueprint Gaming, Nolimit City, Play’n Go and Gaming Realms among others.

With a huge adult population and a keen interest in sports betting and gaming, the new gambling jurisdiction is set to be one of the fastest growing in 2022 and promises to deliver a fair a trusted online gambling experience, from live dealer gaming through to live sports betting.

Not only has the market opened up to a new realm of sports betting and iGaming, but authorities in the province have the structure and tools in place to deal with gambling operators that are attempting to operate within the jurisdiction illegally.

Martha Otton of iGaming Ontario commented on the market launch:

This is a monumental day that establishes Ontario as an international leader in online gaming.

After years of anticipation culminating in historic legislation followed by months of hard work by all stakeholders, we have reached today’s launch of a legal internet gaming market out from under its previous grey market standing.

Paul Burns of Canadian Gaming Association also commented on the news:

We support the government’s objectives for Ontario’s iGaming model: to establish a competitive iGaming market that fosters an exciting gaming experience while protecting consumers and keeping Ontarians safe.

As of today, there is no more grey market in Ontario, only black. With the regulations in place, the province finally has the tools to deal with unlicensed operators.

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