Legal online gambling surges in Ontario
A recent IPSOS report reveals that the majority of online gamblers in Ontario are accessing gambling sites legally.According to an IPSOS report published by iGaming...
Ontario questions legality of cross-border online gambling
The Canadian province of Ontario is debating the legitimacy of online gambling and betting with people outside of its borders. This includes daily fantasy sports.
A restriction stating that DFS games can only include participants from Ontario caused two well-known DFS providers, FanDuel and DraftKings, to discontinue hosting DFS contests in Ontario in 2022. Large prize pools were hampered by this regulation.
In Ontario, DFS operators are subject to an annual charge of a hundred thousand dollars in addition to a tax of twenty percent on their earnings.
FanDuel and DraftKings continue to provide online sports betting in Ontario despite DFS’s prohibition. If the regulations are modified, though, this might not be the case. The Ontario gaming Commission has modified several regulations to ensure the safety and fairness of online gambling. They also outlawed the use of celebrities or cartoon characters that may appeal to children in advertisements, and they prohibited the use of athletes who have sponsorship agreements with casinos in promotional campaigns.
Ontario bids for gambling self-exclusion
Ontario is looking for provider of a centralized online gambling self-exclusion system.The self-exclusion system would allow people to prohibit themselves from all of the...
