Tag Archives: iGaming Ontario

FanDuel withdraws daily fantasy product from Ontario

FanDuel withdraws daily fantasy product from Ontario

FanDuel will withdraw its daily fantasy sports product from Ontario from 1 April, in line with the Canadian province’s regulations for when its online betting and gaming market opens to licensed operators.

Ontario is set to launch licensed sports betting and igaming on 4 April, ending a state monopoly. Earlier this month, the Alcohol and Gaming Commission of Ontario (AGCO) released a guide for operators that revealed that businesses which apply for registration before the 4 April launch must cease operations in Ontario from the moment their registration is approved by AGCO.

FanDuel is among the operators that has received a licence, and as a result it has opted to withdraw its daily fantasy sports brand, including both free and paid games, as this vertical is not permitted under the new regime.

The operator did note, however, that its daily fantasy sports brand would still be available in other provinces.

All entries submitted prior to April 1 will run as normal, with all winnings ..

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Bet365 and FanDuel among latest Ontario licensees

Bet365 and FanDuel among latest Ontario licensees

iGaming Ontario, the subsidiary of Alcohol and Gaming Commission of Ontario (AGCO), has issued a number of new licences ahead of the Canadian province launching its regulated online gambling market next month.

Hillside, operating as Bet365, secured a licence in Ontario, along with Flutter Entertainment-owned FanDuel and Unibet.

Other recent named licensees include Annexio Limited, which will operate as Lotogo, Coolbear, Fitzdares and NSUS Limited, operating under the WSOP brand.

In recent weeks, LeoVegas, Rush Street Interactive, Rivalry, theScoreBet and 888 have also secured approval to launch in Ontario.

Licences were issued by iGaming Ontario, which will oversee the province’s market when it formally launches on 4 April.

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

Earlier this 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.

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