This week, leading sports book operator Bet365 announced a shift from Canada’s gray market to a state-regulated market. The company is pleased to be able to join the regulated iGaming and Sports Betting Market, approved by the Ontario Alcohol and Game Commission as a regulated online sports book.
Ontario’s open market for private operators after initial delays is now set to begin on April 4, 2022. This allows approved brands to legally offer online gaming or sports betting products to gamblers in the state. The market attracted a lot of attention in Canada in the summer, as did decriminalized single-game bets.
Bet365 has been part of Ontario’s gaming sector for quite some time, but is now officially licensed by the company’s regulators. The company’s mobile app offers the same features and products as before, but from April 4, 2022, the app will need to provide location verification so that it can verify that it is within local boundaries.
Globally, the app boasts a user base of more than 63 million, is licensed by the Gibraltar Gambling Commission and employs more than 4,000 individuals. Canadians already have access to casino titles, poker games, last but not a few slots, as well as an operator’s app that offers a variety of sports betting opportunities.
Also, this month, it presented a special event for all Canadian and American sports bets who are fans of March Madness. The app offers a tremendous opportunity to accurately predict the results of 63 games and earn CA$6 million. In terms of probability, the probability of getting all matches right is 9,223,372,0362,085,775,8808.
The offer is available to new and qualified online bets located in Great White North or the United States. In addition, participants must be 18 years of age or older and be identified by the company. However, if the player cannot guess all the games, the top 250 winners remain on the leaderboard.
There are 888 other gray market operators already operating in Canada and approved to participate in the regulatory market. The company announced earlier this month that it had received permission to join from AGCO. When the market opens, the company can launch an impressive portfolio of iGaming products iCasino, sports betting and poker for eligible Ontario gamblers.
Last week, Rush Street Interactive shared that it received regulatory approval to join the Ontario market on March 10, 2022. Illinois company CEO Richard Schwartz said obtaining an Ontario iGaming license is an important milestone for a company that already offers Betrivers to the state but in the form of social free-play games.
BY: 카지노사이트