iGaming Ontario will become Canada's first private online gambling market when it opens tomorrow
Starting Monday, people in Ontario can wager on casino games, sporting events and other gambling activities through online websites and smartphone apps from operators registered to run activities in the provincially regulated market.Not all sites will launch right away, and the number of participating operators is expected to grow, according to the Alcohol and Gaming Commission of Ontario, which regulates the industry.
Patrick Eichner, a spokesman with PointsBet, said the launch in Ontario is a significant one for the company that's already come online in several U.S. states with legalized online gambling. The province has said its regulated online gambling market will help “protect consumers and provide choice.” There's also the factor of potentially lucrative revenues from the growing market, though the province hasn't yet provided a figure for projected income.Richard Schwartz, CEO of Rush Street Interactive's BetRivers, said the company has also hired 50 people in Toronto for its Ontario operations.
Canadian brand theScore Bet has been rolling out online advertisements as well, featuring recognizable actors from television shows Curb Your Enthusiasm and Entourage. The company was also planning a weekend of launch parties from Saturday through Monday night for fans in Toronto. A report prepared by HLT Advisory for Great Canadian Gaming, the largest casino operator in the province, projected possibility thousands of lost jobs and $2.8 billion in lost revenue at land-based casinos in the five years after the online market opens.
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