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Ontario To Increase Online Sportsbetting Presence
The province of Ontario has indicated it will be seeking to expand its sportsbetting operation. The news comes via an announcement by Ontario Lottery and Gaming Corporation (OLGC) spokesperson Tony Bitonti.
“OLG sports offering will include new products that will provide more betting options on a wider variety of events, including all major North American sports leagues and major international sports,” he said.
Sports, Politics Betting On The Table
Presumably, the province is looking to get in on the extreme amount of action that the modern online gambling scene offers to players. In today’s world, it’s possible to bet on anything from sports to eSports, to politics. For those taking the bets, there are so many new products that it’s almost impossible to keep up.
But the Ontario government is up to the task. The new rules and regulations will see all angles of this new world covered in much the same way as it is in its sister Canadian provinces. Most notably, the Bitoni spoke about the desire for live in-game betting to open up as well.
Consumer Protection Critical
No conversation about live in-game betting is completely without mentioning the dangers that such schemes can pose to consumers.
In a world where anything and everything can be wagered on from the comfort of one’s home, the province was both up front about the dangers posed and equally strong in its unequivocal determination to protect vulnerable individuals.
In fact, offering these types of wagers to individuals in a safe forum where their best interests will be protected was cited as a key reason behind the expansion.
“We’ve been looking at the modernisation strategy, we’re looking at expanding and protecting consumer activity. The situation is that a lot of online [gambling] activity occurs that is unregulated and many people are exposed, especially young kids,” said Ontario Finance Minister Charles Sousa.
No Timetable For Launch
While the statement is encouraging, the go-live date for the project remains vague. Most of Canada’s other provinces — including British Columbia and Quebec — already offer regulated online gambling to Canadians.
The OLGC is just beginning the search for a third party provider to make the same protections a reality in Ontario. So for now, Ontarians will just have to content themselves with the fact their provincial government is finally ready to catch up.