Halloween poses a scary Ontario sports betting date for remaining gray-market operators.
The Alcohol and Gaming Commission of Ontario announced Tuesday it updated the Registrar’s Standards for Internet Gaming to include Oct. 31 as the end date for its transition period for unregulated operators. The commercial online ON sports betting market opened April 4 and now has more than 20 sportsbooks.
“A key objective of the AGCO has been to move iGaming operators and gaming-related suppliers into Ontario’s regulated market as quickly and as seamlessly as possible,” the release said. “Since market launch on April 4, the AGCO has provided a reasonable amount of time for these operators and gaming-related suppliers to join the regulated market in a business-like and seamless fashion.”
Ontario means business?
With its goal to integrate previous gray-market operators, Ontario regulators wanted to provide little friction to help migrate existing customers. This was thought to help achieve one of the Canadian Parliament‘s major goals of reshoring millions of black- and gray-market bets.