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Slotegrator, a leading online casino software developer and game aggregator, puts a strong focus on educating operators on gambling jurisdictions to make sure they stay compliant while entering new markets. Recently, the company released an educational video on its YouTube channel to provide more information on the iGaming market in Canada.
Ontario’s iGaming is booming the wake of new legislation that opened the door for private operators to organize gambling activities. What do operators need to know in order to get a license, enter the market, and stay compliant with the newly introduced rules?
The educational project Slotegrator Academy is designed to provide all established and potential iGaming operators with important information about gambling markets and industry insights, as well as insider secrets for running a successful operation. Recently, the company released a new video uncovering potential pitfalls and detailing Canadian gambling regulations.
In April 2022, the province’s government opened the market to online betting platforms and casino operators. Instead of a classic licensing process, the Alcohol and Gambling Commission of Ontario (AGCO) took two years to develop a special system that would make it possible to control and maintain the industry while making liberal and competitive. Now, Ontario expects a net income of $75 million by 2025.
Both B2C and B2B companies can register at the AGCO. To do so, they must have their products and devices certified by an independent laboratory and provide a list of requested documents, pay the requisite fees, and sign an agreement with iGaming Ontario.
The license acquisition process is always complicated and raises a lot of questions, especially for newcomers to the industry. To spare entrepreneurs a headache and aggregate information from numerous sources, Slotegrator offers an easy-to-understand overview of the market and its pros and cons.
You can watch the video on iGaming in Canada below: