Study Reveals Ontario's Huge iGaming Potential
Study Reveals Ontario's Huge iGaming Potential. New report suggests that Ontario could become the largest regulated online jurisdiction in the whole of North America. The new and competitive market is on schedule to be launched in Q1 of 2022.
Study predicts that Ontario will become the largest online casino and sports betting market on the continent once it launches its iGaming regime in Q2 2022. More than 70 casino brands will be looking for a license to join the province's new i gaming regime. New Jersey recently published a betting handle of US$1.3 billion for October.
The Alcohol and Gaming Commission of Ontario launched a new gaming subsidiary entity named iGaming Ontario. The division has its own Board of Directors and is tasked with regulating all legal online gambling activities in the province.
Paul Burns, President and CEO of the Canadian Gaming Association, provided an update on Ontario's new iGaming initiative. The launch is expected in Q1 of 2022.