Previously, those outside sites weren't subject to any regulations. Industry figures estimate that Ontarians spend about $500 million a year on internet gambling, almost entirely with companies that operate outside of the province. Online gambling as a concept isn't new in Ontario. At the same time, gambling addiction experts have expressed some concern about increased access to gaming. "It's a net-new market for us and we have a bit of a home-court advantage."īut while online companies celebrate, some advocates are worrying what it all might mean for the province's brick-and-mortar casinos. "Until now, we've been unable to legally offer a product, or offer a product at all, in this market," said Steven Salz, Rivalry's co-founder and CEO. The new market has some homegrown online gaming companies, like Toronto's Rivalry, celebrating what the future holds. IGaming Ontario (IGO), a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO), introduces new standards for gaming operators, according to a January news release. ![]() The government of Ontario has officially launched its new online gaming market, including online casinos and esports betting sites, as of Monday.
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