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Everything You Need to Know About Legal Sports Betting in Ontario

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As one of the top world economies, Canada has several industries that help prop up its economy. Digital gambling is the latest sector that has netted the country millions of dollars’ worth of tax. But how exactly does it work?

With different provinces and districts having varying rules, it can be a confusing business. Today, we will give you a rundown of how digital casinos rose to prominence in Canada and what the current legislation encompasses. We will home in on Ontario and how the province is looking to put into place a solid framework that will satisfy gamblers and the operators that provide digital gambling platforms throughout the province.

The Path to Legal Sports Betting in Canada

Gambling in Canada is only legal when overseen by one of the ten provincial governing bodies. As the most populated province, it should be no surprise that Ontario has the highest number of gambling establishments. However, if you prefer to do your gambling online from the comfort of your home, you can find a list of legal sports betting sites in Ontario that can cater to your needs.

We will take a closer look at Ontario a little bit later in this article. Canada takes a looser approach to legislation than certain places in the neighbouring nation of the United States. While it bears some similarities, in that each area has its laws as Nevada does overall, Canadian legislation is more liberal when it comes to citizens placing wagers.

Suppose you’re looking for laws specific to your province. In that case, it might be a good idea to look at some legislation from government websites to ensure that you are operating within the confines of the legislation.

Throughout the early to mid-19th Century, gambling was controlled and facilitated by illicit organized crime groups. This has been the case throughout many countries and was also the case south of the border. As the 19th Century progressed, the Government revised the laws and legislation, and the power was placed into the hands of the provinces.

Date of Implementation

The two critical years for gambling in Canada were 1970 and 1985. In 1970, legislation was passed to allow specific types of gaming, and this took some of the power away from organized crime groups. In 1985, this power was devolved, allowing provinces to make much more robust decisions and set their legislative framework.

Crucially, this provided a framework for sportsbooks to operate in the country. In 2021, legislation was passed in several provinces, allowing sports betting on individual games online, which was a massive step for several of these territories.

There remains a bit of a grey area with digital gambling, given that it is such a new industry. However, the consensus is that as long as the provider is registered in the province it operates in and adheres to the laws set by the legislative bodies, it can operate within that vicinity.

The passing of specific legislation regarding online sports betting may indicate that more legislation may be on its way to provide clarity for companies that want to set up sports betting shops online that operate within Canada. In April 2022, Ontario passed legislation allowing legal sports betting online, opening up a market to over 10 million potential customers.

Ontario Sports Betting History

As discussed, you can visit various legal sports betting sites in Ontario province. It is the largest province, including Toronto the capital and other sizeable city areas, such as Ottawa. It is also eyeing up inventive ways to entice corporations to set up in the area.

However, similar to many other provinces, the legality of sports betting and its legislation has been ambiguous and confusing for both gamblers and gaming providers.

That was until last year, as we discussed at the end of our previous section. Until 2021, the legality of sports betting fell into a no man’s land. Some companies were fined for operating without a license in specific provinces, but the most sensible thing, robust legislation, seemed like the last thing to occur.

The Internet ripped up the old rulebook and had governing bodies scrambling to devise a new one. There isn’t a single industry out there that hasn’t had to adapt to the seismic changes that the disruptive innovation of the Internet caused. Plenty of industries went out of business due to the rise of the Internet. However, some only exist, and can only exist, because of the Internet.

In the middle, some corporations took on the technology and used it to create a whole new business subdivision. This is the category that the gambling industry falls into. Criticizing legislative bodies for not clarifying these sectors sooner is easy.

However, it is a complex process and involves governmental figures, lawmakers, and lawyers who must write these watertight pieces of legislation to ensure they are not ambiguous. This isn’t an easy or fast process, but Canada is finally starting to catch up with online gambling regulation, and Ontario is one of the leading provinces in that regard.

AGCO and Ontario Sports Betting

The Alcohol and Gaming Commission Ontario (AGCO) ensures that gambling legislation is robust, understandable, and well-regulated. Providing legislative clarity to alcohol and gambling companies can be a tricky business. Many believe it infringes on the rights of people, who should have free choice to do what they want with their money.

That is undoubtedly true, and it’s not up for debate. It’s relatively obvious that this is what the Canadian lawmakers believe, too. However, ultimately, the legislation isn’t in place to stop people from doing anything; it’s to protect gamblers and ensure they get a fair shake when they play a casino game online.

The AGCO proactively ensures that large gambling companies online stick to the legislation they have set out for them. They do this by issuing audits and site visits and ensuring compliance is met with the utmost respect. For these companies to operate in Canada, it is a privilege, not a right, and even though they bring in a lot of money via tax, they must adhere to the laws of the land.

The legislation introduced in 2022, which we discussed earlier, was devised by AGCO and they released the information as a press release in April 2022.

It’s challenging to oversell just how vital AGCO is to developing a culture of fair sports betting in Ontario. If they can get this legislation right and get it to work, while providing an appropriate playing field for providers and players, it could be a very lucrative stream of income for the province.

Ontario Sports Betting Best Legal Sportsbooks March 2023

Knowing which digital casino to use can be a conundrum, especially with so many websites out there. However, as we touched on at the beginning of our article today, some legal sports betting companies in Ontario have a better reputation and provide a better service than some of the other websites we have sampled. This isn’t an exhaustive list, but the ones we have narrowed it down to include

● Royal Panda Sports
● BetVictor Sports
● BetRivers Sports
● BetMGM Sports
● Leo Vegas Sports

All these companies are licensed and registered to operate digitally in Ontario. There are plenty of others to choose from, but we have already done a lot of the research and leg work, so you don’t have to; you can just sign up and take advantage of the multitude of promotional offers they have available.

You should only ever gamble as a form of entertainment or as a way to unwind. However, if you start spending more time gambling than you originally planned or you begin to spend more money than you wanted to, these are ominous signs. Speaking to a family member or friend about your issue could stop it from spiralling into something harder to control.

Conclusion

As you can see, this legislation is continuing to evolve. Not only has the Internet changed the way sports betting in Ontario operates, but it has provided a vehicle to ensure that any developments in the industry take place at a rapid pace.

Due to the Internet, there is a non-stop stream of information and communication. Therefore, any movement to legislate needs to move fast enough to keep up with the speed at which these digital casino providers seek to provide services.

Providing robust and lucid legislation is paramount because the industry is ultra-competitive and has billions of dollars at stake. It is also moving at breakneck speed due to the level of advancements and technological accessibility that fuels the growth.

However, any legislation invariably takes time to implement to ensure no ambiguity is involved. Overall, the sports betting industry now has a solid parameter within which it can operate and provide sportsbook services.

The most crucial factor to take away from today is that last year’s law passed by AGCO is by far the most comprehensive and transparent. It has opened the door for sports betting companies to enter the province digitally and legally to provide their services.

Todayville Content Team works with a wide variety of clients to develop compelling content solutions. Our experienced team develops strategic campaigns that use video and storytelling, digital advertising and social media to help our clients position and distinguish themselves in the market.

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Alberta’s Sports Betting Industry

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The limited nature of sports betting opportunities in Alberta makes it difficult to judge just how successful a full launch will be, with only single-game sports betting allowed since Bill C-218 was passed in 2021. 

However, projected legislative changes that look set to take place in 2025 should provide the regulatory framework required for a more comprehensive betting market, with a focus on online operations.

To get a better idea of betting in Alberta, we asked Lewis Mitchell who explained that offshore betting sites have been able to cater to the needs of consumers. The convenience offered by online sports betting is something that the retail industry can’t compete with, and the wide range of betting markets, enticing bonuses, and selection of payment methods make it a popular option.

At present, the only online sports betting operator licensed to run in Alberta is PlayAlberta, a government-run operator that is regulated by the Alberta Gaming, Liquor, and Cannabis Commission (AGLC).

The new regulatory framework was set to be implemented at the end of 2024, but the project was delayed. The popularity of Ontario’s online sports betting market, which has seen significant growth, has encouraged other provinces to look at ways they can enjoy the revenue it would create and the improved protections they could offer their citizens.

Albertans have Canada’s highest spending on gaming per capita, and this statistic has led experts to believe that it would welcome a more open online sports betting industry.

The province is home to one of Canada’s youngest adult populations, and a legal betting age of 18 would be conducive to a successful online sports betting market. Another benefit for the 4.9 million inhabitants of Alberta is that Canadians don’t pay tax on winnings.

The wide selection of pro-sports teams in Alberta would also help with a launch, with the Calgary Flames, Edmonton Oilers, Calgary Wranglers, Calgary Stampeders, Edmonton Elks, Calgary Roughnecks, and Calvary FC just some of the options for local sports fans to get behind.

Alberta is in pole position to become the second province to allow commercial online betting operations and will benefit from insights available from Ontario, helping to avoid potential pitfalls. The industry would provide a welcome boost to provincial finances via tax revenue and improved employment.

The opportunity to allow other sports book operations will alert existing live-betting operations including Enoch’s River Cree Resort and Casino and Eagle River Resort, as well as the Stony Nakoda Resort and Casino in Morley, Starlight Casino in Edmonton, Calgary’s The Grey Eagle Resort and Casino, and the Casino Lethbridge.

The province will likely follow the lead of other regions that allow online betting markets by implementing application and license fees, with license fees requiring annual updates.

The limited nature of the existing sports betting market in Alberta leaves significant room for growth. The wide variety of sports and betting markets available for locals to explore will provide great competition for potential new betting apps.

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From coins to wagers: The expanding crypto gambling market

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The world of gambling is changing fast with the rise of crypto. More people are turning to it as their preference for online betting as it is safe and offers new  options. You can now use digital coins like BTC to place bets in a whole new market.

Many online casinos are beginning to accept crypto, making it easier for players to join in. With an increasing number of people interested in digital money, the crypto market is expanding rapidly. Learn more about crypto gambling here.

Benefits of crypto gambling

Crypto gambling offers many benefits that make it appealing to players. With the use of digital currencies, Bitcoin gambling is faster, safer, and more private.

The following benefits can help you see why using crypto in a casino is popular:

Transparency

One of the best things about crypto gambling is transparency. Blockchain technology records every game and transaction, making it easy to see what happened. This gives you peace of mind that the games are fair and the outcomes are legitimate.

Anonymity

You don’t need to share personal data when using crypto, which means you can enjoy games without worrying about your privacy being exposed.

Faster transactions

Speed is a major advantage of using crypto for gambling, as transactions happen quickly. You can deposit and withdraw your money almost instantly, rather than waiting days for banks to process payments.

International access

Crypto gambling allows players worldwide the world to join in. Traditional gambling sites may limit access based on location, and while crypto also has that, it is often accessible. This opens up chances for everyone, no matter where they are.

Lower fees

Using crypto often means lower fees for players. Traditional banking methods can charge high fees for transactions, but crypto usually has much smaller costs. This means more money can stay with the player, leading to bigger winnings.

Rise of crypto casinos: The new era

Many players are excited about using crypto to bet and play games. This shift marks the start of a new era in online gambling.

Increased interest

There has been a notable increase in interest in Bitcoin casinos. More people are searching for places to gamble using Bitcoin than ever before, showing that more players are curious about using digital currencies for betting.

Market growth

The global online gambling market is expected to grow rapidly. Experts predict that more players will choose crypto casinos, leading to larger markets. With the rising use of crypto, the future of online gambling looks bright.

Rising betting activity

The percentage of gambling done through crypto is on the rise, which means more players are getting involved. This trend shows that crypto gambling is becoming a preferred choice for many.

Demographics

Players interested in crypto casinos tend to be young and tech-savvy, between the ages of 18 and 34. This age group is familiar with technology and enjoys exploring new forms of gambling, making crypto casinos an exciting option.

Trends to watch

The future of crypto casinos seems promising as new digital assets may emerge, giving more options for players. Innovations in payment systems and game offerings are expected to grow as more users enter the market. Keeping an eye on these trends can help players stay ahead in the ever-evolving online gambling world.

Challenges facing crypto gambling

While crypto gambling offers many benefits, it also faces some challenges. Here are two major concerns about why it is not easy to operate a casino:

Regulatory uncertainty

Countries have diverse laws about crypto, which can confuse some players. This can make it hard for online casinos to follow the rules and for players to know what is allowed in their region.

Volatility

Their values can change quickly and suddenly, which can create financial uncertainty for players, making it hard to decide how much to spend or bet.

Security risks

Although crypto casinos boast good security, some risks still exist as hackers may try to steal digital currencies or personal data. This may make you hesitant to fully trust these online platforms, even with strong security measures in place.

Factors driving crypto casino growth: Engines of evolution

Several key factors are helping the growth of crypto casinos. These factors make online gambling with crypto more appealing to players. Knowing these reasons can explain why more people still choose crypto casinos.

Security

Security is a major factor that helps crypto casinos grow. Blockchain protects transactions by securely recording them, so trust your money and data to be safe. With strong security measures, you feel more at ease placing your bets.

Enhanced privacy

Enhanced privacy is another vital reason for the rise of crypto casinos. You do not need to share a lot of personal details when using crypto, allowing you to enjoy gambling without worrying about your identity being exposed. Keeping personal data private makes the experience feel safer and more fun.

Global usage

Global usage is key to the success of crypto casinos. Crypto can be used by anyone, anywhere in the world, making it accessible. Players from various countries can easily join in, making the market much larger and more diverse. This worldwide access means more people can connect and play together.

Saving with speed

Transactions happen quickly with crypto, which makes them popular. Deposits and withdrawals can take only a few minutes compared to traditional banking methods which can take days. This speed allows you to enjoy your winnings right away. Quick transactions make it easier for players to keep the fun going without long waits.

Innovative gaming options

Crypto casinos are bringing fun and new ideas to online games as many operators are creating unique games that use the special features of blockchain technology. For example, some games allow you to earn tokens that can be traded or used in various ways.

Others might offer exciting themes or new ways to win, making each game feel fresh and different. This variety keeps you interested and makes crypto casinos a more exciting choice for gambling.

Social engagement

Crypto casinos often focus on building a strong community. Many platforms feature chat rooms and forums for players to interact, share tips, and enjoy a social gaming experience. This sense of community adds to the thrill and keeps you coming back for more.

A bright horizon for crypto gambling

The future of crypto gambling looks bright as more players are starting to use crypto like Bitcoin for their bets, helping the market grow. Online casinos are offering more games and better rewards for those who use digital money. With new technology and more interest from players, crypto gambling is becoming a big part of online gaming.

You can expect a safer and more fun gambling experience as the benefits of Bitcoin gambling include faster transactions and better privacy. As more people learn about these good things, crypto casinos will likely become more popular, showing there is a bright future for crypto gambling.

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