Slotegrator recently released an educational video on its YouTube channel about the Canadian gambling market. The online casino software developer prides itself not only in producing seamless casino platforms and solutions but also in sharing information with casino operators around the world.
Toward this end, the company established Slotegrator Academy, a digital forum to which operators can come and learn about contemporary topics in the online gambling world.
In the case of the Canadian online gambling market, there’s a lot of new information. Ontario recently approved legislation that approves private operations of organized gambling activities. This means that casino operators that weren’t previously able to enter the Canadian market now have a chance.
Slotegrator’s YouTube video discussed what operators need to do to get a license in Ontario, enter the market, and comply with local regulations. It’s not always easy for casino operators to decipher the rules and regulations of different localities, which is why Slotegrator provides a user-friendly overview of the market.
In addition to the YouTube video, operators can read an in-depth explanation and analysis of the current gambling situation in Ontario on Slotegrator Academy.
What’s Going On with the Canadian Gambling Market?
In April 2022, Ontario’s government passed legislation opening the online gambling market to private casino operators. The Alcohol and Gambling Commission of Ontario (AGCO) oversees gambling regulations. The Commission developed a unique system that opened up the gambling industry to keep it competitive, but at the same time, it maintained control and oversight.
Oversight of Ontario’s gambling industry is crucial. By 2025, it’s expected to generate a net income of $75 million. Therefore, it’s important to give operators room to compete and simultaneously ensure that they follow the rules and regulations.
AGCO accepts licensing applications from B2C and B2B companies as long as they meet specific requirements. These requirements include independent testing of their products and services, providing specific documents, paying fees, and signing an agreement with iGaming Ontario, a subsidiary of the AGCO.
Providing Solutions and Support to Casino Operators
Slotegrator creates videos and articles to help casino operators be as successful as possible. Toward this end, the company’s legal department is available to advise operators on attaining a license in Ontario and different jurisdictions worldwide.
Operators wishing to get licenses from Curacao, Malta, the UK, and other regulatory authorities can contact Slotegrator for assistance.