New Laws To Change Online Gambling In Canada

Legal Gambling

Lillie Mcguire
Posted on April 16, 2021 at 3:04am

The question ‘is online gambling legal in Canada’ has been asked on numerous occasions, by locals, and the world at large. It is such a commonly question because the truth is that online gambling Canada is steeped in a confusing, often ineffectual regulatory system. Current laws are, as they stand, leaving many wondering if they are or aren’t legally allowed to put down bets. So, the best answer to ‘is online gambling legal in Canada’ is, technically, yes and no. But, with a recent announcement from the Ontario government, it seems that things are soon about to change.

After a decade of demands by local gamblers and operators alike to reform online gambling Canada laws, it seems that at last the regulations are about to undergo a drastic change. Though, in this case the change is in regard to a very specific area of the rules. Namely, single event sports betting.

The Proposed Changes

Currently in online gambling Canada, only parlay sports bets are permitted. This means that any local visiting one of the legal online casinos Canada has to offer is only allowed to place parlay bets on sporting events. A parlay bet involves a series of wagers over numerous events, and is the only way that sports betting is currently allowed, much to the disdain of local gamblers.

However, the proposed reform will decriminalize single event wagers, allowing online casinos Canada to offer the option at long last. As it stands, plans are to form a new subsidiary of the Ontario Alcohol and Gaming Commission, which will be tasked with the newly unlocked online market. The new watchdog group will be given the authority to manage and regulate iGaming sites, as well as legal third-party operators.

Snuffing Out The Grey Market

Many are saying that the proposed new regulations are more than a decade overdue, given the rampant online gambling Canada grey market that currently exists. Many Canadians have been placing single event wagers via offshore operators, given that the activity is technically not illegal. This has resulted in a so-called grey market that is worth billions.

With a legal, regulated market, these billions could quickly be tapped by legal operators, effectively killing the grey market in record time. Though it remains to be seen just how robust and engrained the grey market really is, or if it really will unlock billions in new revenue overnight.

Bet at the BEST casinos in CANADA! Sign up and play NOW.


More News

888 Breaks the Mould With Live Casino Games

Lillie Mcguire
Posted on July 23, 2021 at 11:07am
888 Breaks the Mould With Live Casino Games

The live casino games at 888 may well be one of the brand’s best features. The software is provided by Evolution, which means that Canadian play

The Importance of Good Mobile Casino Apps

Lillie Mcguire
Posted on July 22, 2021 at 12:07pm
The Importance of Good Mobile Casino Apps

Mobile technology advancements have been a huge reason for the boom in online gambling. The proliferation of mobile casinos making it easy to play whe

AGCO to Observe Ontario Casino Transactions

Lillie Mcguire
Posted on July 19, 2021 at 12:07pm
AGCO to Observe Ontario Casino Transactions

As Ontario’s Roadmap to Reopen plan goes into effect, the province’s Alcohol and Gaming Commission has set up a specially organised inter-

More Entain Casino Games Online Coming Soon

Lillie Mcguire
Posted on July 12, 2021 at 12:07pm
More Entain Casino Games Online Coming Soon

Entain has made clear its intentions to further accelerate the development of its casino games online within several of its international markets. The

Pragmatic Play Adds More Live Casino Games

Lillie Mcguire
Posted on July 12, 2021 at 1:07am
Pragmatic Play Adds More Live Casino Games

Pragmatic Play, one of the industry’s leading iGaming content providers, has reportedly expanded its Azure titles significantly. This comes shor

Pragmatic Play Provides Betsson With Live Casino Games

Lillie Mcguire
Posted on July 02, 2021 at 12:07pm
Pragmatic Play Provides Betsson With Live Casino Games

Pragmatic Play has debuted its entire live casino portfolio in partnership with Betsson Group. This is being hailed as yet another major milestone for

Aspire Global Revolutionise Online Casino Marketing

Lillie Mcguire
Posted on June 28, 2021 at 2:06am
Aspire Global Revolutionise Online Casino Marketing

It seems that Aspire Global is doing whatever it can to revolutionise the ways in which online casino operators are choosing to market their brands ac

How To Choose The Best Live Casinos

Lillie Mcguire
Posted on June 25, 2021 at 12:06pm
How To Choose The Best Live Casinos

Online gambling’s popularity has soared in recent months. The global online gambling market is now predicted to be worth $67 billion by the year

Playtech Launch Fixed Odds Live Casino Games

Lillie Mcguire
Posted on June 25, 2021 at 12:06pm
Playtech Launch Fixed Odds Live Casino Games

Playtech, one of the industry’s leading iGaming developers, has just launched a brand new and exciting set of live casino games with fixed odds.

New Slingo Casino Games Online Deal

Lillie Mcguire
Posted on June 25, 2021 at 1:06am
New Slingo Casino Games Online Deal

Gaming Realms has officially rolled out a casino games online licensing agreement with International Game Technology, also known as IGT. The Gaming Re