‘Transition Period’ for Ontario Sports Betting Sites Ends, With Operators Put On Notice

‘Transition Period’ for Ontario Sports Betting Sites Ends, With Operators Put On Notice. Operatives lacking provincial approvals and accepting bets from Ontarians outside the province's regulated iGaming market may find themselves out of favour with the Alcohol and Gaming Commission of Ontario. AGCO set an October 31 deadline for operators and suppliers that were active in the unregulated market in Ontario to cease those activities if they wanted to protect their chances of joining the regulated market.

Ontario launched a competitive iGaming market in April of this year. It has more than 30 operators offering sports betting, casino gambling, and poker. The market is intended to pull operators and players out of the grey market and into a regulated one. Some operators didn't launch for weeks or months before they got AGCO approval. iGambling Ontario requires operators to obtain a registration from the AG CO and sign a contract with igaming Ontario.

AGCO set a deadline for the end of the current unregulated market in Ontario. New standard would come into effect on October 31. BetRegal has stopped accepting bets from anyone inside Ontario, although pre-existing users in the province can access their accounts to withdraw funds. Canadians are blocked from accessing Betregal's .com site. The company has no AG CO registration yet, so a launch in regulated market will take more time. Bet Regal is Canadian-based and has partnerships with Canadian sports organizations. It doesn't expect any changes.