Slotegrator breaks down the Canadian gambling market
Slotegrator puts a strong focus on educating operators about gambling jurisdictions to make sure they stay compliant while entering new markets. Recently, the company released an educational video on its YouTube channel to provide more information on the Canadian gambling market.
Ontario’s igaming is booming in the wake of new legislation that opened the door for private operators to organise gambling activities. What do operators need to know in order to get a licence, enter the market and stay compliant with the newly introduced rules?
The educational project Slotegrator Academy is designed to provide all established and potential igaming operators with important information about gambling markets and industry insights, as well as insider secrets for running a successful operation. Recently, the company released a new video uncovering potential pitfalls and detailing Canadian gambling regulations.
In April 2022, the province’s government opened the market to online betting platforms and casino operators. Instead of a classic licensing process, the Alcohol and Gambling Commission of Ontario (AGCO) took two years to develop a special system that would make it possible to control and maintain the industry while making liberal and competitive. Now, Ontario expects a net income of $75m by 2025.
Both B2C and B2B companies can register at the AGCO. To do so, they must have their products and devices certified by an independent laboratory and provide a list of requested documents, pay the requisite fees, and sign an agreement with iGaming Ontario.
The licence acquisition process is always complicated and raises a lot of questions, especially for newcomers to the industry. To spare entrepreneurs a headache and aggregate information from numerous sources, Slotegrator offers an easy-to-understand overview of the market and its pros and cons.
More on the Canadian gambling market is also explained in the article by Slotegrator, and the company’s legal department is open for business advisory. Apart from that, Slotegrator helps operators acquire gambling licences in other jurisdictions such as Curaçao, Malta, the UK, the Isle of Man and more.