What You Need To Know About iGaming & Gambling In Canada
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Online gambling is popular in various places in the world. The regulation across the country can be confusing. We take a look at iGaming & gambling regulations for the people who want to play at new online casinos in Canada.
In April of 2022, Ontario legalized online casinos. The Liquor and Gaming Commission issued a licence to operate in the province. Canada has previously had a strict approach to gambling regulation. Now, each province has its own licensing body that regulates everything gambling related within the confines of its jurisdiction.
The government of Ontario plans to create a fully regulated iGaming and internet gambling sector. Online casinos can be registered with the AGCO and apply for a licence from i gaming Ontario. Some of the biggest names in the gambling industry are jumping on the opportunity to offer their sites to this new and potentially lucrative market.
Alberta is the only province that allows third-party and overseas gambling companies. Most of the other provinces have strict regulations on gambling. Sports betting is restricted to single-event bets. There is only one place to play gambling in the rest of Canada.
The future of online casinos and betting lies with Canada. Canada has a strict gambling law. Ontario alone is set to almost double its gambling revenue from $1.6 billion to $2.3 billion in a year. It's possible that the rest of Canada will open up its doors to online gambling.
