New internet gambling market opens in Ontario | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

New internet gambling market opens in Ontario

has been legal in Canada since last summer but the industry didn’t fully open in Ontario until Monday.Now, people in Ontario can bet 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.“Today is a great day for Ontario sports fans,” said Scott Vanderwel, the chief executive officer of PointsBet Canada.

In August 2021, the CFL announced a multi-year partnership with BetRegal that made it the league’s official online sports gaming partner. But the official launch in Ontario coincides with the NCAA men’s basketball game, which will see the University of North Carolina facing Kansas on Monday night. And on Thursday, The Masters will tee off in Augusta, Ga., not to mention both to the Leafs and Ottawa Senators being in action.Also officially launching Monday was theScore Bet, a subsidiary Penn National Gaming, Inc., headquartered in Toronto.

“ launch is significant as it expands Penn National’s online gaming business to a jurisdiction that is expected to be one of the largest regulated markets in North America,” said Jay Snowden, president/CEO of Penn National. “We’re proud to enter this market behind a trusted and authentic Canadian brand that resonates deeply with Ontarians.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in BUSİNESS

Business Business Latest News, Business Business Headlines