Menu

House of Cards®

Blog

Everything You Need To Know About The Launch Of Ontario’s Regulated IGaming Market from US Bets' Greg Warren

The wait is finally over, as the launch of Ontario’s regulated iGaming and sports betting market is set for Monday, April 4.

Up to 30 private operators Monday morning may be able to launch their respective online gaming platforms — which can include sports betting, iCasino, and eSports — in the province. These operators are required to be licensed by two government-appointed regulators: the Alcohol and Gaming Commission of Ontario and iGaming Ontario.

 

Watch MLB Live on the MLB Network on FuboTV in Canada

 

As of Friday, 19 operators had been granted licenses with the AGCO and were authorized to launch their respective products early Monday after having also secured an operating agreement with iGO.

Operators wishing to do business in Ontario are required to pay a $100,000 licensing fee and a 20% tax on all revenue, a far cry from the 50% tax that land-based casinos currently pay the Ontario government.

Legal online gambling has existed solely under Ontario Lottery and Gaming (OLG) in the province. OLG launched its online sports betting product, PROLINE +, after single-game wagering was legalized across Canada on Aug. 27 with the passing of Bill-218.

CONTINUE READING

Go Back

Comment

Blog Search

Blog Archive

Comments

There are currently no blog comments.