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Ontario sports betting market flourishing; other provinces closely monitoring
If you reside in Ontario, it has been difficult to avoid mentioning sports betting. You’ve probably seen the advertisements and heard the hoopla since the province opened its regulated online gambling market a year ago, and at this point you know how to participate.
In 2021, Canada legalized single-event sports betting, but Ontario was the first province to implement a regulated sports betting system that would enable numerous operators to offer legitimate, online sports gambling services. Numerous Ontarians are enthralled by this more open world of sports betting, and as a result, more than twenty organizations are competing for this sports-related niche of the larger provincial online gambling industry.
However, as the product offerings develop and the market matures, industry analysts and operators predict more changes for sports betting in Canada in the near future.
High revenue
After a year, the Ontario government still seems pleased with the health of the regulated online gaming sector, which has operators providing sports betting services along with casino and poker activities as well as top betting apps. According to a Ministry of the Attorney General spokesperson, Ontario’s “safe, legal, and competitive online gaming market” fosters business possibilities, safeguards consumers, and generates income that “helps pay for government priorities.”
The first, second, and third quarters of the first year of the online gambling sector each saw billions of dollars in bets placed, according to data from iGaming Ontario (iGO), a division of the Alcohol and Gaming Commission of Ontario. The public does not yet have access to fourth-quarter statistics.
However, the percentage of these wagers that are solely from sports betting is not broken down in these totals. The Ontario Lottery and Gaming Corporation (OLG), which keeps track of its own sports betting transactions, is not included in these totals either. In its annual report for 2021–2022, it states that OLG’s PROLINE+ brand handled $1 million in bets just days after single-event betting became available, months before the opening of the broader regulated market.
Other provinces are closely monitoring the Ontario market
Other provincial governments are interested in learning from Ontario’s experience, notably Alberta, which has just one legal gambling website operating right now.
The communications manager for Alberta Gaming, Liquor and Cannabis (AGLC), Karin Campbell, told CBC News that PlayAlberta.ca “has witnessed tremendous growth since launching its sports offering” a year and a half ago. She attributed this to the associated betting activities as well as newly accessible online lottery services.
The regulator, according to Campbell, is “supporting the successful and legal implementation of an expanded sports betting market” and is closely watching Ontario’s market developments.
Single-event sports betting is also attracting many customers on PlayNow.com, British Columbia’s only legal, regulated gambling website, in which punters placed $170 million on sports wagers in the first year of legalized online gambling.
The bulk of sports wagers on the site are single-event bets, according to Matt Lee, a spokesperson for the British Columbia Lottery Corporation. Lee stated that the lottery organization “continues to evaluate what sports-betting experiences” may be provided in the future given the interest in these services.
The Atlantic Lottery Corporation is the sole authorized supplier of single-event sports betting in Atlantic Canada. Greg Weston, the spokesperson for the institution, stated that “sales have been strong since the option became available.”
As time goes on, Peter Czegledy, a partner at Toronto’s Aird & Berlis LLP and the head of its gaming division, believes that “Ontario will not be alone” in enabling private operators to compete with long-established government operators in online gambling, including sports betting. But he said that the strategy can vary depending on the jurisdiction.
The journey ahead
Some industry observers predict that over time, there will be fewer enterprises competing in Ontario’s market.
A core number of large enterprises will ultimately emerge, according to Michael Naraine, an associate professor in Brock University’s Department of Sport Management in St. Catharines, Ontario. He anticipates that there will be some consolidation and some failures.
Naraine predicted that there will eventually be seven or eight significant firms, citing Coolbet’s recent exit as evidence that the market’s current composition would not be long-term viable.
According to Czegledy, it’s conceivable that additional operators will enter and leave the Ontario market in the future. Nevertheless, according to him, a more pertinent query is “what categories of operators have or have not undergone regulation, and what proportion of the market they make up”. He concluded that, according to those metrics, Ontario has done well thus far.
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Sure-Fire Hacks to Streamline the Process of Writing a Thesis Paper
Encountering the term “thesis paper” has conjured up thoughts of panic and dread among university students for innumerable decades. How much research will be required? What about citations? Does the tone of voice matter? What about the difficulty of the material itself? These are some of the many questions which will need to be addressed.
So, it’s not a great surprise that theses and term papers can become overwhelming on occasion. Are there any ways in which you can lessen the burden? This article will examine some unique tips and tricks so that you can keep your head above water during the process.
Giving Your Efforts a Touch of Physicality
The majority of Canadian universities have become fully integrated within the digital domain. This approach offers a number of conveniences, and many feel that the trend will continue to gain momentum. However, the ability to create a physical thesis is worth its weight in gold.
Online printing portals including BachelorPrint offer a host of dedicated solutions that can be accessed with the click of a button. We are not only referring to the physical production of documents in this sense. There is plenty of additional information associated with the writing process, details on how to proofread a document, and users can even access a smart plagiarism checker. Always leverage these opportunities whenever possible.
Examine Your Current Skill Set
We often take the ability to write for granted. Still, this trait will provide a host of benefits throughout our lives. The only possible issue is that your talents might not be up to par. After all, not everyone boasts the skills of a professional. This is why it could be a good idea to upload a rough draft into an online portal that will rate the quality of the material. These systems may also offer suggestions and tips that can be used to improve the existing text. Why work hard when you can instead work smart?
The Dangers of Procrastination
Some of us may hesitate to initiate the writing process, as we are fearful of the challenges that will naturally accompany the task at hand. This is a sure-fire way to make things more difficult than they have to be. Try to avoid falling into the trap of procrastination. If you put things off until the very last minute, you might become even more disheartened. As the expression goes, strike while the iron is hot.
Consider Collaboration
Writing an essay, thesis, or term paper does not necessarily have to represent a solitary process. It is often a good idea to collaborate with your peers; especially if they have something to actively contribute. Friends and colleagues can represent powerful sources of inspiration, and they can offer additional support when the going gets tough.
The bottom line is that there is no “secret” to writing a quality thesis paper, nor will one approach represent a universal solution. Adopting a flexible mindset, and leveraging the tools at your disposal, is nonetheless the first step towards ultimate success.
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5 things to keep in mind before playing at an online casino
Playing at an online casino can look straightforward, but there are some things to consider before just
jumping on the first site you see. The online casino industry is huge, and in 2023, it was worth around
USD17 billion globally—with the number is set to rise year-on-year.
Players can get lucky by finding the right site on the first attempt, but often, the best practice is to take
some time to look around for the right platform that fits your needs. But why not just pick one at random and roll with it?
Players look for different experiences, and the same site isn’t going to suit everyone. Some may seek out
the highest payout online casinos, others could be more interested in social casinos, and the choice for
another player may simply be based on the VIP club rewards.
There are many considerations to make before playing at an online casino site, and here, we’ll explore
the five key things to keep in mind before doing so.
Licensing and regulation
The initial thing to consider is security, which means checking to see if a site is regulated by a reputable
authority. The ideal situation is to find a site that is licensed by a leading governing body to operate within your geographic location.
It’s not always easy to find a “local” casino that’s based in the state where you are. Hundreds of
thousands of players face this issue, which is why they instead look for offshore platforms that will give
them access.
This is OK, as long as the gambling license is from a reputable body like the Malta Gaming Authority or
the Curaçao Gaming Control Board because that still means that they are audited to ensure they meet
things like fair play conditions of the license.
But it’s easy to find just as many unlicensed casino platforms that don’t offer any kind of player protection. This is a complicated area, but one worth checking. A good source for reputable online casinos to play at is honest casino reviews, where the information is curated by experts.
Verification of account
It’s very quick and easy to set up an online gambling account—something that shouldn’t take more than a couple of minutes to do, in fact. Personal data is entered, a rudimentary check is done on those details, and your account is open.
In most cases, you can deposit straight away and start spinning the reels on the slot machines or visiting
live dealer tables. Everything is then typically fine until the point where you want to make your first
withdrawal. If the account hasn’t been verified, you could find yourself running into delays.
Verification of the account means supplying the operator with corroborating documents to match the
information used to open the account. This is commonly referred to as KYC (know your customer), where the operator performs what is essentially a security check on the details, which helps in the fight against fraud and money laundering.
In many instances, online casino platforms will give a certain amount of time to get the verification
completed before they suspend or close the account. This can feel like a frustrating extra step,
particularly as it can typically take up to 48 hours for verification to be completed, so it’s worth doing as
soon as you have opened the account to get it out of the way.
Is the right payment method available?
Online casinos accept many different payment methods, but that doesn’t mean every one of them
accepts all the options. There are platforms where the number is certainly a lot more limited, and not all
sites accept cryptocurrency, for example.
Pick the preferred payment method you want to use and base your search for a casino site on that. It’s
very unusual for any online casino to charge deposit fees, but they do appear a little more frequently for
withdrawals.
The amount of such a charge could be linked to the payment method that is used, and minimal
withdrawal amounts often vary between different payment options too. It’s just worth getting the overall picture ahead of time so that you can securely use your preferred payment option.
How can customer support be contacted?
While you may never need to call upon customer support, it is worth finding out about operating hours
and how they can be contacted. The most common method of support is through a live chat, but not all
online casinos have that available 24/7.
The presence of AI is firmly with us all now, and with some regional governments welcoming the growth of the technology, it’s only going to increase. Already, a lot of initial customer support contact at online casinos is with a chatbot.
The ideal situation is to have access to customer telephone support because that is a direct line to help,
but that’s not particularly common anymore. It’s worth putting a support email address into your address book for quick future reference, and after a live chat session has closed, download the transcript for your records if you are in a dispute or have a complaint.
There are also risks involved with gambling, which is something else that should be noted before playing at an online casino. Be prepared for the losses, because they will happen. To help customers play responsibly, there are features like deposit limits and bet limits that can be set up to help manage the financial risk of playing.
Variety of Games
The variety of games is another important aspect to consider before playing. Maybe one slot machine
immediately caught your eye, but beyond that, you find the rest of the options for the style of game that
you want are all too limited.
There are certainly enough online casino sites out there to ensure you do not need to be limited in terms
of game variety. This could filter out into other gaming options as well, like scratch cards, bingo, and
crash games.
Take some time to look around and explore, and if you can’t quite get the game coverage that you need,
there is nothing wrong with registering with more than one casino, as long as it’s financially viable.
In conclusion
At the end of the day, it is putting all the components together to end up at the best possible playing
platform for you. It’s about finding the balance, but certainly, the top consideration to make before playing is to select a licensed and regulated casino.
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