Ontario gaming regulator fines 2 gambling companies for alleged infractions | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Ontario gaming regulator fines 2 gambling companies for alleged infractions

Ontario significantly liberalized betting rules on April 4 with the launch of its regulated internet gambling market, named iGaming.In 2021, the Canadian Criminal Code was amended to allow single-game bets, but in Ontario, accepting bets was limited to the provincially-run PROLINE+.The launch of iGaming promised to bring a regulated market to Ontario with more betting options under a provincially-run framework.

BetMGM was fined for three separate tweets that ran in early April, according to the AGCO. One tweet advertised a “$240k Launch Party,” while a second offered a $10 casino bet when a $25 bet was placed, the AGCO said.PointsBet was alleged to have broken the same standard with posters in GO stations and on GO trains that included “an inducement to play for free.”Story continues below advertisement

According to the AGCO, BetMGM also broke its rules in a tweet that said “the more money you put in per bet, the higher your chance is of winning.” The rules stipulate advertisements must be “truthful” and “not mislead players or misrepresent products.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Shame on Ontario. fordnation “According to the AGCO, BetMGM broke its rules in a tweet that said “the more money you put in per bet, the higher your chance is of winning.” The rules stipulate advertisements must be “truthful” & “not mislead players or misrepresent products.”

Does WayneGretzky know about this ?

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines