August 13, 2022

The expected effects of the legalization of online gambling in Ontario

As the first Canadian province to legalize online casino gambling and sports betting, Ontario’s attitude towards gambling is changing. What are the expected effects?

Online gambling legalized in Ontario

Placing bets in online casinos and sports betting sites has never been so popular due to the rapid development of the global online gambling industry over the past 10 years. With the industry generating record revenue in 2021, more new legal online gambling markets are opening up than ever before, especially in countries like South Africa and Canada that relied previously on offshore (rather than domestic) operators. In particular, the Canadian province of Ontario opened its first legal online gambling market in April 2022, which had a tremendous effect on the country’s gambling culture and infrastructure, as well as a positive influence. on the economy at large. Let’s take a closer look
to the regulation of legalized online gambling in Ontario, including some of the ripple effects that Canadian gamblers are likely to see in the near future.

More visible iGaming regulators

Dedicated online gambling regulators such as iGames Ontario work with the Canadian government (as a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO)) to provide domestic players with a safe and reliable online gambling culture, ensuring that casino operators and sports betting in the region respect their legal obligations. iGaming Ontario provides a comprehensive list of approved iGaming sites and offers in-depth support and assistance to new operators wishing to establish themselves in Ontario. If you are a Canadian player or considering starting a business as an online casino operator, iGaming Ontario can provide you with all the help and information you may need to play or operate safely and legally. . iGames
Ontario is responsible for regulating operators and issuing operating permits. Highly visible and accessible regulatory bodies like iGaming Ontario can help ease the transition to legalized gambling in the country, with gambling among Canadians likely to increase due to new legislation.

Legislation more focused on technology

In recent years, Canadian provinces have undergone quite monumental changes related to the passage of new laws such as the French Model Bill 27: Labor Act 2021 for Workers. Essentially, this law allows workers to “disconnect” from work technology outside of working hours. In theory, Bill 27 should increase productivity in the workplace and give staff a much-needed break from technology when they’re not at work. The passing of increasingly technology-focused laws like this act is a sure indicator of Canada’s open and liberal attitude toward technology, legislation, and welfare. It seems highly likely that the legalization of online gambling in Ontario will encourage
the adoption of equally innovative laws in the provinces of the country.

More sports betting options

Prior to the passage of Bill C-218, Canadian players were only legally permitted to use sports betting sites using parlays, which are essentially spread bets in which the player chooses multiple outcomes, which must all succeed to warrant a win or cashout. While Canadian sports fans could previously only bet or legally bet on horse racing, the launch of Ontario’s first regulated sports betting market changed everything. The old federal ban on generic sports betting has now been lifted, with Ontario-based players able to place a wider range of bets, such as future bets and single match bets.

Ontario is a densely populated Canadian province, with approximately 14.57 million people living and working in the region. Due to the new abundance of sports betting sites available in the province, Ontario is expected to generate approximately $800 million in gross revenue from sports betting over the next year. The evidence changes to sports betting legislation in Ontario have led to a much more diverse selection of operators to choose from.

Whether you are looking for a safe and legal local bookmaker or an offshore betting site, it is now easier than ever to place bets on your favorite sports in the Canadian province of Ontario.

A wider selection of iGaming sites

Players can now access an incredible selection of reputable sites, fully tested canadian casino sites that have been given the green light by iGaming Ontario. The new national regulator has already granted legal market access to a wide range of international online casino and sports betting platforms such as PointsBet, Rivalry, theScore, 888 Casino and Bet365. This means Ontario-based players can now enjoy some of the most popular online casinos in the international market and enjoy the same perks and bonuses as many of their European and North American peers.

A wider selection of online casino games

Of course, the growing number of new legal gambling sites in Canada has led to a marked improvement in the variety and quality of casino games on offer. Where players in Ontario were previously limited to betting with wagers, gambling on horse races or playing basic casino games, they are now inundated with casino game options including roulette, blackjack, baccarat, video poker, craps and online slot machines. Canadian players can also enjoy a greater selection of live casino games and live dealer games in the country today, experiencing the authentic taste of a land-based casino from the comfort of your own home on mobile. .

More mobile games available

The increasing availability of high-speed internet and relatively inexpensive smartphones (used smartphone models are much more affordable than new first-generation devices) has led to a revolution in the world of online casino gambling. While many gaming sites were previously only accessible via desktop browsers such as Goggle Chrome, the vast majority of iGaming platforms now offer mobile-optimized versions of their sites, including a range of games specially designed to be enjoyed on a mobile phone screen. Due to the legalization of online gambling in Ontario, gamers in the province will now be able to choose from a more plentiful selection of mobile games that can be easily enjoyed while away and
on. This is great news for Canadian gamers who like to play on the go, like on their morning commute or during their afternoon break.

More crypto-accessible platforms

Widely referred to as the payment system of the future, cryptocurrencies are powered by blockchain technology and can essentially be described as virtual currencies that are quickly and easily transmitted over digital networks. Due to the rapid emergence of blockchain and an international trend towards cashless economies, cryptocurrencies such as Bitcoin are now an extremely popular choice for countless online casinos and their members. Due to its relative security and ease of use, cryptocurrency is now the preferred method of making deposits and withdrawals for countless players around the world. In Canada, we have already seen several crypto-casinos pop up since the legislation was put in place, and the number of new crypto-friendly sites will only grow.


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