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Canada

Gaming and Gambling Regulation in Canada – Outlook for 2023

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Online gambling has been gaining considerable popularity in Canada in the past few years. Many factors contribute to this trend, which include technological advancements, relaxations in government regulations, and growing attraction in youngsters who are looking for new ways to make money aside from a primary and stable income.

According to reports, video games grew at a rate of around 9.51% in 2022 and touched a 2.8 billion USD figure. The industry is expected to grow to reach 3.53 billion USD in 2023. Additionally, revenue from the industry is expected to show a growth rate of 6.54% every year to touch 4.55 billion USD by 2027. These numbers clearly show the positive outlook of the gaming and gambling industry in Canada.

Gambling in Ontario, Canada

In April last year, Ontario opened a new path for gambling businesses and sportsbook managers to launch their virtual casinos. The government amended the legislation so that businesses could apply for casino licenses and begin operations. Today, this license is offered by the Liquor and Gaming Commission. It’s because of this facility that sports betting lovers are able to engage in online gambling and make money while having fun at top sports betting platforms today.

Before Ontario’s historical decision, gambling was extremely regulated and bound tightly under stringent standards in Canada. The only way for gambling companies to operate in Canada was to have their license issued in a particular province where they wanted to conduct business. This tied them to a single province and restricted their overall portfolio and profits.

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Gambling in the rest of Canada

All Canadian states except for Alberta have different legislations that they follow. Only Alberta allows foreign gambling companies and third-party gambling companies to run their businesses in the state. That’s why you get to play poker, roulette, and other popular casino games on platforms such as Play Alberta.

In states other than Alberta, gambling is operational but these activities are run and managed by government agencies only. Even then, the norms and regulations are quite strict and gambling companies don’t enjoy adequate freedom in running their business operations. In fact, it was only recently when Bill C-128 was passed after which online casino and sports betting fans received the option to place single-event bets. Before this bill was passed, only parley bets were allowed on multiple events. So, even if players knew how to take their online betting to the next level, their hands were tied.

Gaming and virtual gambling growth

In the big picture, a positive trend in iGaming and gambling industry can be easily observed because of the following factors:

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  • Technological advancements: Mobile technology is becoming more powerful each year and mobile users are also increasing at a steady rate. Since more people play casino games and other conventional games on mobile than desktops, the iGaming and gambling industry is booming.
  • Convenience: Online gambling is super convenient. You don’t have to go to a certain place or need lots of money to partake in online gambling which is why it’s convenient for everyone.
  • Deals and promotions: Many online gambling platforms offer attractive bonuses and virtual money to attract players. When new players open accounts, they instantly get bonuses, free spins, and points, etc. These perks serve to boost the gaming industry overall.

2023 Outlook

The gambling and gaming outlook in Canada in 2023 can be assessed by looking at what’s happening in other countries. Even in countries where there are strict laws for gambling- such as India and the US- the governments are slowly easing up the regulations to promote online casinos and sportsbook platforms. We can see many existing online gambling platforms venturing into these markets, and new players entering the industry through these new territories.

Canada is already making it easier for online casino companies to run their business in the country and it will only promote it further in 2023. There are many reasons for it to do so. For starters, making online gambling and betting legal will curb illegal overseas gambling that only serves to hit the government’s tax collections. Additionally, it will also boost the economy as more third-party companies will start new operations in the country to generate more employment. It’s because of these reasons that experts believe the gambling revenue will increase by 30% to 40% by the end of the year.

Conclusion

Canada was once known as one of the strictest countries in gambling governance. However, this image is changing today and as the government is relaxing its regulations, more companies are setting up their businesses in the country. Hence, the general consensus today is that iGaming and gambling industry will continue to grow here in 2023 and many years to come

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British Columbia Lottery Corporation

SCCG Management Signs Contract with British Columbia Lottery Corporation

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SCCG Management has signed a contract with the British Columbia Lottery Corporation (BCLC), the B.C. Crown corporation which conducts and manages commercial gambling in the province, including lotteries, casinos, and online gaming. This partnership aims to undertake a comprehensive assessment and strategic enhancement of BCLC’s diverse operations.

The work between SCCG and BCLC will involve a thorough review of technological infrastructures, strategic market positioning, and the integration of various gaming modalities. SCCG’s extensive expertise will be pivotal in harmonizing BCLC’s online and physical gaming experiences.

Stephen Crystal, Founder and CEO of SCCG Management, said: “Our collaboration with BCLC represents a remarkable opportunity to push the boundaries of innovation within the gaming industry. We are committed to deploying our resources and expertise to enhance BCLC’s operational efficiencies and customer engagement strategies. It’s an honor to partner with an organization that has a robust impact on the community through its support of public initiatives.”

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AGCO

AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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The Alcohol and Gaming Commission of Ontario (AGCO) has mandated all Ontario-registered sportsbook operators to halt offering and accepting wagers on World Boxing Association (WBA) events immediately. This measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against match-fixing and insider betting.

Since December 2023, the AGCO has been conducting a comprehensive review of suspicious wagering activity on a WBA-sanctioned title fight between Yoenis Tellez and Livan Navarro that was held in Orlando, Florida. Suspicious betting patterns on the bout lasting over 5.5 rounds were reported to the AGCO by two registered independent integrity monitors and detected in Ontario by a registered igaming operator. Media reports also alleged that Tellez’s Manager placed $110,000 on the match lasting longer than 5.5 rounds at a Florida casino. The bout ended with Tellez knocking out Navarro in the 10th round.

Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.

The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have and enforce codes of conduct that prohibit betting by insiders.

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Registered gaming operators were unable to demonstrate to the AGCO that the WBA prohibits betting from insiders, which could include an athlete’s coaches, managers, handlers, athletic trainers, medical professionals, or others with access to non-public information. Further, registered gaming operators were unable to demonstrate that the WBA took any action to investigate or enforce the allegations of potential match-fixing and insider wagering.

The AGCO has indicated to registered operators that in order for WBA betting products to be reinstated in Ontario, operators must demonstrate that the WBA effectively supervises its events, thus bringing them into compliance with the Registrar’s Standards. In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards. Within a month, UFC amended its policies and implemented new protocols that allowed the AGCO to reinstate betting on UFC events in the province.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body. Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed,” Dr. Karin Schnarr, Registrar and CEO of AGCO, said.

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Andrew Cochrane Chief Business Officer of GiG

GiG increases Ontario market presence, powering the launch of Casino Time

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Gaming Innovation Group Inc. (GiG), has announced the launch of Casino Time, powered by its award winning iGaming platform and pioneering real-time rules engine LogicX, with revolutionary sportsbook, SportX soon to follow, to further extend its footprint in the regulated Canadian province of Ontario.

The launch of Casino Time carries extra significance, marking only the second time that on-demand, regulated online Bingo has been made available in Ontario. The new Bingo product vertical, launched alongside a strong Casino offering, will be boosted by GiG’s new sportsbook, SportX, as part of a planned release later this year.

GiG has focused its solutions on driving exponential growth in revenue for operators with its highly scalable iGaming platform, offering localised third party content and leading suppliers for the Ontarian market. GiGs peerless gamification layer creates an optimised and immersive casino experience tailored to regional preferences, swelling client retention and player engagement.

Canadian owned and operated, Casino Time is a joint venture amongst leading retail operators in Ontario’s Charitable Gaming sector, delivering Bingo, Slots and Live Dealer Casino Games. Promising a personalised service and community experience, Casino Time is continuing its long-standing partnership with local charities, introducing its joint fundraising model into the iGaming space for the first time.

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Now coming towards the end of its second year of licensed operations, Ontario has emerged as one of the largest iGaming markets in North America, second only to New Jersey according to data supplied by Vixio. The first and as yet only Canadian province to launch a regulated market, Ontario boasts more than 1.6 million active player accounts spread over 40 plus operators, generating €1.3 billion in Gross Gaming Revenue (GGR) in its first year of trading, with this data supplied by iGaming Ontario.

Andrew Cochrane, Chief Business Officer of GiG, said: GiG continues to set the pace with a strong cadence of brand launches in 2024, and I’m pleased that when operators are seeking platform solutions in regulated markets, GiG is leading the pack. Our partnership with Casino Time, will help deliver something new and exciting to the Ontarian market, and further helps to demonstrate the flexibility of our solutions, adapting to match the regional aspirations of our partners to deliver growth.

D’Arcy Stuart, CEO of Casino Time, said: “We are thrilled to partner with GiG as the core technology provider of our iGaming platform. Their powerful suite of player engagement tools, as well as diverse content and regulatory integrations, underpin our ability to serve and delight our player community. Our hybrid online and offline customer network, as well as unique bingo offerings, will drive exciting opportunities as the platform and the marketplace continues to grow.”

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