LeoVegas Receives New Ontario iGaming Licence
Canada's largest province officially opened a regulated online gambling market on April 4. Now residents of Ontario can legally register in an online casino and place bets in any type of gambling entertainment.
The local gambling commission will control the online gambling market. Many well-known slot providers and casino operators have already received licences. Among them:
Leo Vegas Group.
Rush Street Interactive.
Gaming Realms.
BRAGG Gaming Group.
888 Holdings PLC.
The government of Ontario made the decision to legalize online gambling entertainment three years ago. In 2019, information appeared about the start of the development of the relevant bill. But it was adopted only in 2020, and April 1, 2022 was a significant date for all representatives of the iGaming market.
According to a report by PlayCanada, which is responsible for monitoring the Canadian gaming market, almost 1,300 jobs will be created as a result of the legalization of gambling in Ontario. No less important is the fact that the treasury will be able to receive annually multimillion-dollar tax deductions from playground operators. All this will bring the region to a higher level in terms of economic and social development.
Great Partnerships
LeoVegas made a great partnership with lots of game providers including Push Gaming, Swintt, and Slotmill. After officially receiving the licence, LeoVegas and Royal Panda have agreed to create the newly made content for Canadian market. It is also LeoVegas's ninth license. LeoVegas has also confirmed that from all the Canadian revenue they made last year, the 35% was done in Ontario region.
Ontario Welcomes Online Operators
Operators will be able to use Google ads to attract customers to the sites. But when you connect it, there are some restrictions: you cannot promote bonuses, free credits and other types of rewards.
Representatives of the local gambling commission noted that at the moment not all operators and providers have received a licence. Over 30 applications are pending approval. This will soon connect new participants to the iGaming market and thus increase income from gambling entertainment.
Mike Collins is the creator of the CasinosInCanada project and a passionate iGaming analyst who writes guides, casino reviews, and investigations into unfair gambling practices.
