SÁB 14 DE DEZEMBRO DE 2019 - 14:48hs.

Canada’s largest province open to online gambling competition

Ontario’s Conservative government has revealed plans to end the current online gambling monopoly and also legalise single event sports betting in the Canadian province. The new market will include both casino-style gaming and sports betting, with the government set to consult with key stakeholders to set out regulations for future operations.

In the 2019 provincial budget, the government has said it intends to establish a competitive market for online legal gambling “that will reflect consumer choice while protecting consumers who play on these websites”.

Ontario currently operates under a monopoly system, with the Ontario Lottery and Gaming Corporation (OLG) the only approved operator to offer igaming via its PlayOGA.ca website.

In the budget, the government also sets out its desire to legalise single event sports wagering in Ontario, quoting a number of leading individuals in the North American professional sports market who have previously backed the motion. Currently only wagering on multiple events and parlay betting is permitted.

The government also used the budget to set out proposed changes for the OLG it said will help to create new jobs, provide opportunities for businesses and improve access to gambling products.

Ontario’s government is also keen to work more closely with professional sports leagues and teams such as NBA franchise the Toronto Raptors to provide players with greater gaming experiences and entertainment.

Source: GMB / iGaming Business