The Expected Effects of Ontario Legalizing Online Gambling – Todayville.com

As the first Canadian province to legalize online casino gaming andsports betting, Ontarios attitude to gambling is changing. What are the expected effects?

Legalized Online Gambling in Ontario

Placing bets at online casinos and sportsbook sites has never been more popular due to theglobal online gambling industry undergoing rapid development over the last 10 years. Withthe industry generating a record-breaking turnover in 2021, more new legal online gamblingmarkets are opening up than ever before, especially in countries such as South Africa andCanada which have previously relied on offshore (rather than domestic) operators. Inparticular, the Canadian province of Ontario opened its first legal online gambling market inApril 2022, which has had a huge effect on the gambling culture and infrastructure in thecountry, as well as having a positive influence on the wider economy. Lets take a closer lookat the regulation of legalized online gambling in Ontario, including some of the knock-oneffects that Canadian gamers are likely to see in the near future.

More Visible iGaming Regulators

Dedicated online gambling regulators such as iGaming Ontario work with the Canadiangovernment (as a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO)) toprovide domestic gamers with a safe and reliable iGaming culture, ensuring that casino andsportsbook operators in the area honor their legal obligations. iGaming Ontario provides acomprehensive list of approved iGaming sites and offers in-depth support and assistance tonew operators hoping to set up in Ontario. If youre a Canadian gamer or youre thinking ofsetting up a business as an online casino operator, iGaming Ontario can provide you with allthe help and information you may need to play or operate safely and legally. iGamingOntario is responsible for regulating operators and granting operating licenses. Highly visibleand accessible regulators like iGaming Ontario can help to ease the transition into legalizedgambling in the country, with gambling amongst Canadians likely to increase due to the newlegislation.

More Tech-Focused Legislation

In recent years, the Canadian provinces have undergone some pretty monumental changesrelated to the passing of new legislation such as the French-modelled Bill 27: Working forWorkers Act 2021. Essentially, this Act enables workers to disconnect from worktechnology outside of business hours. In theory, Bill 27 should increase productivity in theworkplace and provide staff with a much-needed break from technology when theyre not onthe job. The passing of increasingly tech-savvy legislation like this Act is a sure indicator ofCanadas open-minded and liberal attitude towards technology, legislation, and wellbeing. Itseems highly likely that the legalization of online gambling in Ontario will encourage thepassing of similarly groundbreaking legislation in provinces across the country.

More Sportbook Betting Options

Before the C-218 Bill was passed, Canadian gamblers were only legally allowed to usesports betting sites using parlays, which are essentially spread bets in which the gamblerchooses multiple results, which must all be successful to warrant a win or cashout. WhileCanadian sports lovers could previously only make parlays or gamble on horse racinglegally, the launch of Ontarios first regulated sports betting market has changed everything.The previous federal ban on generic sports betting has now been lifted, with Ontario-basedgamblers able to place a wider range of bets such as future bets and single-game betting.

Ontario is a densely populated Canadian province, with approximately 14.57 million peopleliving and working in the area. Due to the new abundance of sportsbook betting sitesavailable in the province, Ontario is expected to generate around $800 million in grossrevenue from sports gambling in the next year. The obvious changes to sports bettinglegislation in Ontario have led to a much more diverse selection of operators to choose from.

Whether youre looking for a safe and legal homegrown sportsbook or offshore betting site,its now easier than ever before to place bets on your favourite sports in the Canadianprovince of Ontario.

A Wider Selection of iGaming Sites

Players are now able to access an incredible selection of reputable, fully tested Canadiancasino sites that have been given the green light by iGaming Ontario. The new nationalregulator has already granted legal market access to a wide range of top international onlinecasino and sportsbook platforms such as PointsBet, Rivalry, theScore, 888 Casino, andBet365. This means that players based in Ontario can now enjoy some of the most popularonline casinos on the international market and benefit from the same perks and bonuses asmany of their European and North American peers.

A Wider Selection of Online Casino Games

Of course, the rising number of new legal gambling sites in Canada has resulted in a markedimprovement in the diversity and quality of casino games on offer. Whereas players inOntario were previously limited to betting with parlays, gambling on horse racing, or playingstaple casino games, they are now inundated with casino gaming options including roulette,blackjack, baccarat, video poker, craps, and online slot machines. Canadian players canalso enjoy a wider selection of live casino and live dealer games in the country today,experiencing an authentic taste of a land-based casino from the comfort of your own homeon mobile.

More Mobile Games Available

The increasing availability of high-speed internet and relatively cheap smartphones (second-hand smartphone models are much more affordable than new first-generation devices), hasled to a revolution in online casino gaming worldwide. Whereas many gambling sites werepreviously only accessible via desktop browsers such as Goggle Chrome, the vast majorityof iGaming platforms today provide mobile-optimized versions of their sites including a rangeof games specially designed to be enjoyed on a mobile phone screen. Due to thelegalization of online gambling in Ontario, players in the province will now be able to choosefrom a more plentiful selection of mobile games that can be easily enjoyed when out andabout. This is great news for those Canadian gamers who enjoy gambling on the move, suchas on their morning commute or during their afternoon break.

More Crypto-Accessible Platforms

Widely tipped as the payment system of the future, cryptocurrencies are powered byblockchain technology and can be basically described as virtual currencies that are quicklyand easily transmitted across digital networks. Due to the rapid onset of blockchain and aninternational drive towards cashless economies, cryptocurrencies such as Bitcoin are nowan extremely popular choice for countless online casinos and their members. Due to itsrelative safety and ease of use, cryptocurrency is now the favored method of makingdeposits and withdrawals for countless players across the world. In Canada, we havealready seen multiple crypto-casinos popping up since the legislation was put into place, andthe number of new crypto-enabled sites will only continue to grow.

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