The market drew a lot of attention due to many opportunities such as population in the province, game activities, and single-round matches last summer. 파워볼사이트
iGaming Ontario, a division created to manage all online gaming services in the region, announced that April 4, 2022 will be the official launch date for the new market. If everything goes according to plan, private operators will be able to offer their online game products to local residents from that day on.
Ontario's iGaming Market was announced in 2010, and the Ontario Lottery and gaming company said local betters spend more than $400 million annually on unregulated online sites. But Martha Orton, managing director of IGaming Ontario, shared that to date, most Ontarioians continue to make online bets on overseas websites.
Mr Orton assured gamblers that companies set to join the newly regulated market in the province would comply with strict gaming and operator integrity standards. By providing the player protection and social responsibility you need, we create a safe gambling environment for all online betters who choose new markets and operators.
She added that licensed operators will also ensure that everything is prepared to prevent underage gambling, as well as comply with applicable laws such as anti-money laundering regulations and rules. Mr Orton said these measures and protection were just samples of what would come to the newly regulated market on April 4, 2022.
I'm looking forward to the release
Competitor CEO Steven Salz said the company is looking forward to the official launch of the new market in April this year and is eager to put the service on its home turf. Last October, the company applied for a license to become a sports betting operator in the province. The CEO also said that the iGaming market is the right path for the province.
Potential Impact on the Land Industry
However, a study called the Ontario Gaming Market Assessment prepared for the Great Canadian Gaming Corporation suggests that new markets may incur costs. A study by HLT Advisory Inc. predicts that expansion will lead to a massive shift in players to digital gambling options, thus hurting offline casino assets in the province.