On April 4, 2022, Ontario will launch its new iGaming market. As of August 27, 2021, the government-run PROLINE+ website offers single-game online sports betting in Ontario. However, the biggest news is that private operators will also offer online sports betting on April 4. Five sportsbooks plus seven online gaming operators registered in Ontario as of Wednesday, March 9.
Despite not knowing the number of sports betting sites arriving in Ontario, it is the first province in Canada to welcome the industry’s largest players. These include PointsBet Ontario, BetRegal, DraftKings Ontario, and BetRivers.
Currently, the only regulated sportsbook operating in Ontario is PROLINE+ (read Proline review), run by the OLG (Ontario Lottery and Gaming Corporation). However, the application process for a new license in Ontario is still missing certain important information. This includes tax rates, according to the senior adviser with the CG, Amanda Brewer. In the meantime, we can only speculate about how competitive the market will be.
So, you will find an overview of the major developments which paved the way for this below.
MP Kevin Waugh introduced the Safe and Regulated Sports Betting Act from Saskatoon-Grasswood. It repeals the ban on single-game betting in the Criminal Code of Canada. In accordance with the new legislation, each province has the authority to decide if sports betting is allowed within its borders.
NBA, MLB, NHL, MLS, and NFL, the biggest sports leagues in North America, signed a letter supporting Canada’s legalization of and expansion of sports betting. Moreover, they said the objective is to encourage Canadians to gamble legally and safely.
The Canadian House of Commons passes the C-218 bill after three readings. It forwards the bill to the Senate. The Waugh bill, pending for more than a year, has survived this major obstacle.
The Banking, Trade and Commerce Standing Committee accepts C-218. Then, the bill proceeds to Senate deliberations and debates, where it later passes 57-20. Near the end of June 2021, it formally becomes law.
Canada’s Attorney General and Minister of Justice, David Lametti, has announced that Bill C-218 will take effect on Aug. 27. A variety of sports betting options should be available to Canadians on that date. The Canadian government officially approves sports betting on individual games.
The Ontario government accepts PROLINE+. Via the provincial regulator AGCO and iGaming Ontario, it begins establishing a transparent and regulated sports wagering sector.
The Alcohol and Gaming Commission of Ontario invited developers and operators of Ontario online casinos to register for regulated gaming.
A competitive online gaming market is available in Ontario to brands who have entered into agreements with iGaming ON.
The government of Ontario has set an April 4 launch date for commercial gaming and online sports betting in the province. Thus, all operators who signed an agreement with iGaming Ontario and registered with the Alcohol and Gaming Commission of Ontario can launch on that same day.
OLGC announced retail products for sports betting in Ontario. Also, the Ontario government has approved PointsBet’s application as a licensed sportsbook, effective April 4. The NFL is partnering with PROLINE+ for its first official sportsbook partnership in Canada, announced by Ontario Lottery and Gaming.