CGA applauds Ontario’s push for deregulation of online gambling in Canada.
Canada has long been among the world’s most accepting countries when it comes to online gambling. The activity has never been illegal here. Some provinces have regulated the industry, authorizing a single, provincially-run iGaming website to operate within its borders. But offshore operators have welcomed Canadian players all along with no palpable threat of legal recourse.
Since its inception in 2012, LeoVegas has been recognized several times for innovation in the gaming industry. With no less than 15 awards, it has established itself as the hub of real money gaming entertainment in Canada.
Since then LeoVegas has expanded its portfolio of offerings, the most notable addition being a high-end "live dealer casino". To accomplish this feat, LeoVegas invested in state of the art technology, including real time camera systems coupled with top of the line security systems to mimick the brick and mortar casino feel online; and with the most attractive dealers you have ever seen.
LeoVegas covers the entire pantheon of classical games from slots, table games like blackjack, video poker, progressive slots, scratch cards, to casual games. The games are powered by Playson, slick and easy to use software, which offers the whole gamut of a premium gambling experience.
Recommended by Editorial Team for 2020
Now, it appears that one Canadian province is willing to open its
regulatory doors to the world. Ontario is vowing to deregulate
its market an establish a competitive arena for local and
international operators. Within the 2019
Ontario Budget released on Thursday, under the section titled Expanding Choice and Respecting Consumers, we find the
following expert under the heading Legalize Online Gaming in
“…the Province intends to establish a competitive market for online legal gambling that will reflect consumer choice while protecting consumers who play on these websites. This will ensure the people of Ontario have access to safe and legal gambling options.”
The Canadian Gaming Association (CGA) couldn’t be happier
CGA Applauds Ontario’s Push for Deregulation of
Online Gambling in Canada
Just hours after the budget was published, the CGA issued a press release commending the government of Ontario for its intended actions. The CGA has long been a supporter of iGaming deregulation. The organization is also backing the coinciding push for legal single-event sports betting in Canada.
The CGA reiterates the province’s estimation that Ontarians spend
$500+ million annually via offshore internet betting. Creating a
competitive market where these websites are welcome to apply for a
local license in Ontario helps solve the outlandish leak in revenue.
It also provides reliable safeguards for players should they
encounter any issues with one of these websites.
“We have seen significant growth in the amount of wagering with
offshore websites,” confirms CGA Chief Executive Paul Burns. “We
welcome the move to create a regulatory system for offshore sites to
better protect consumers.”
The government says the next step is to consult with industry
stakeholders regarding the plan. CGA is committing to participate in
the consultation process to help create a market that achieves three
major goals; “reflects consumers preferences, delivers an
entertaining gaming experience, and ensures appropriate safeguards
Ushering In a New Era of Sports Betting
Just last month, Ontario’s Finance Minister Vic Fedeli wrote a letter
to his federal colleague, Canadian Finance Minister Bil Morneau.
Within the context of that letter, Fedeli urges Morneau to join him
in the push to legalize single-event betting in Canada.
The CGA is equally on board with that plan. Mr. Burns thanked the
Finance Minister for his poignant representation of a problem they
both share interest in. Burns says, “It’s time to end the gambling
prohibition era and allow sports bettors access to the product they
Should Ontario get its way, the deregulation of online gambling will
be even more significant. Not only will Ontarians be able to enjoy
online casinos driven by consumer choice and player protections.
They’ll have access to the same assurances within the international
sportsbook arena they must currently turn to for the placement of
Royal Vegas is our editorial pick for safe Canadian gaming. Currently offering a good range of Canadian deposit options, everything from prepaid gift cards, to eCheck, instadebit and visa/mastercard. That, and a world-class gaming experience, with countless table games, strong variety, and even live dealers. The brand has been in the business for a decade long.