It may be the smallest vertical, but online poker wagers and revenue grew at higher rates than online casino gaming or sports betting.
With current CEO Tom Mungham set to retire this autumn, AGCO appoints Dr. Schnarr as the new CEO and Registrar, set to take her new office on September 18.
Ontario’s iGaming market boasts impressive growth, with over 1.6 million active player accounts and capturing about CAD $35.6 billion in wagers in its first year.
The Alcohol and Gaming Commission of Ontario (AGCO) said its registrar received feedback that its rules governing live dealer games didn’t offer enough player protection.
Bally Bet, Bet99, Betsafe, CanPlay Ontario, Pinnacle, Nitro Casino, and a host of online casino brands from Apollo Entertainment will be launching in the province.
AGCO said Unibet allegedly broke province’s rules on advertising & inducements. BetMGM, DraftKings, & PointsBet have also been fined for similar violations.
DraftKings Ontario allegedly ran afoul of the same rule that tripped up BetMGM Ontario and PointsBet Ontario in early May.
To celebrate its Ontario launch, the Flutter brand will host an exclusive special launch series, the Ontario Platinum Series, from July 10-18 with $1 million guaranteed. It also plans to run a flagship tournament every Sunday with $100k on offer.
As operators navigate the month-old Ontario online poker, casino gaming, and sports betting market, some violations were expected to occur. But don’t look for regulators to change the rules anytime soon.
The Responsible Gambling Council of Ontario’s Director of Standards and Accreditation, Tracy Parker, tells us more.