One of the biggest names in the gambling industry, DraftKings, announced this week, that it will soon launch its world-class gaming products in Ontario. The betting leader has been granted a license by the Alcohol and Gaming Commission of Ontario. Through the license, the operator will be able to offer its first-class sportsbook and casino apps to local gambling enthusiasts.
The province’s highly-anticipated online sports wagering and online gaming market became a reality on April 4, 2022. So far, over 20 gambling companies have made their debut in the market and offer legally their gaming products to Ontarians aged 19 or older. Even more operators are expected to join the market as time progresses.
Once DraftKings Sportsbook goes live, gamblers from the province will be able to place a safe and legal wager on numerous sports leagues and sporting events on the app. This includes the 2022 NHL Playoffs, Major League Baseball games, Major League Soccer matches, as well as the 2022 FIFA World Cup in Qatar, and many more leagues and tournaments.
On the sportsbook app, Ontarians will have access to a broad variety of betting opportunities. This includes the app’s same-game-parlay feature, which is easily accessible from their phones in the user-friendly digital sportsbook. DraftKings Sportsbook can be downloaded on both Android and iOS devices, bettors can also register to join DraftKings Dynasty Rewards on sportsbook.draftkings.com/dynasty.
CEO and co-founder of the gambling giant, Jason Robins, said the entry into Canada is a major milestone for the company, which has now reached almost 40% of the country’s population. He also shared that he and the team are now looking forward to providing Ontario’s passionate fanbase with the most entertaining responsible gambling experience there is.
The betting corporation is committed to creating inclusive and responsible pathways for individuals to create, imagine and innovate via its DraftKings S.E.R.V.E.S. program. It is focused on Service, Equity, Responsible Gaming, Vitality, Entrepreneurship, and Sports. Responsible gaming is a priority for the company, as it puts effort into protecting bettors with technology, employee training, and resources for users.
Ontario’s New Regulated Model
Ontario’s launch of its private operator market for online gaming and online sports betting has opened up a new page in Canada’s gambling industry. After a month and a half of operations, CasinoBonusCA published an analysis of the current state of the local gaming sector and how the changes have affected it. The research finds that operators’ net revenue will hit CA$1.8 billion in total.
Despite the large number of operators in the regime, AGCO plans to rule with a strict hand. Recently, the regulator has imposed fines on BetMGM and PointsBet Canada for alleged advertising and inducement breaches. BetMGM got a CA$48,000fine for failing to comply with Standard 2.04 and 2.05. While PointsBet was sanctioned CA$30,000 for breaching Standard 2.05.
Source: “DraftKings Launches Mobile Sportsbook and iGaming Products in Ontario”, GlobeNewsWire, May 18, 2022