BetMGM and PointsBet cleared to launch in Ontario

iGaming Ontario, the subsidiary of Alcohol and Gaming Commission of Ontario (AGCO), has announced BetMGM and PointsBet as the latest operators to secure online gambling licences in the Canadian province.

BetMGM will operate through in Ontario, while PointsBet will be active via the website.

Each of the licences will run from the day the market opens through to 3 April 2024.

Ontario’s regulated online gambling market will officially launch on 4 April, with iGaming Ontario having been given the responsibility to oversee all igaming operations in the province.

In recent weeks, iGaming Ontario has issued licences to a host of operators in preparation for the market opening.

These include Bet365, Flutter Entertainment-owned FanDuel, Unibet and the Ontario Lottery and Gaming Corporation.

Other named licensees include LeoVegas, Rush Street Interactive, Rivalry, theScoreBet, 888, Coolbear and Fitzdares. Annexio Limited will operate as Lottogo while NSUS Limited will be active under the WSOP brand.

In addition, supplier licences have been issued to businesses such as Inspired Entertainment, Play’n Go and High 5 Games.

Last week, new guidance from the AGCO warned operators in the process of securing a licence to cease activities when the province’s igaming market opens next month.

Companies will be required to shut down any activities Canada’s largest province, or face having their application for registration rejected by the regulator.

Original Article