Canada’s online gambling laws have always had federal and provincial oversight to them and as such this created a grey area. This left players a little doubtful as to what were the best Ontario gambling sites and what was a scam. Many resorted to sites regulated in Malta where tax and operational regulations were not as restrictive as in many parts of the world. Now, Ontario Canada in April 2022 has become the first Canadian Province to regulate online gambling.
Good News for Players
Having online casinos based in Ontario is good news for Canadians. This should free up certain banks and payment platforms to accept payments from the casinos in question, and this should make it easier for your average Canadian to find the best Ontario gambling sites. This is due to the regulation ensuring fair standards of play, which any veteran player will tell you is vitally important and on the checklist before you part with any cash.
It should also add employment advantages to the province as now the regulation is established, entrepreneurial types and IT specialists can now start their own ventures that could lead to big things, especially if you consider the size of the Canadian gambling market size in 2021 is 12.54bn USD.
As such, it is expected that Canadian players will welcome the regulation Ontario Province has implemented.
Starting Your Own Gambling Site in Ontario, Canada
As you can imagine, where there is regulation there is bureaucracy and gambling laws are no different. There is a forty-page document related to the regulations and a strict criteria to follow before you are allowed to operate an online casino in Ontario.
That said, should you satisfy the regulators you may have one of the best Ontario gambling sites and this will attract players.
The governing bodies of online gambling are:
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