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Explaining the Canadian Online Casino Industry in 2024
The Canadian online casino industry is often a hot topic for discussion given it is one of the largest markets in the world. Moreover, when you factor in the potential legislative changes that may soon take place, many countries also look to Canada to help form their own opinions and
Ontario’s Finest: A Guide to the Top 5 AGCO and iGaming Ontario Confirmed Sportsbooks
Following the successful passage of Bill C-218, The Safe and Regulated Sports Betting Act, in 2021, Ontario and Nova Scotia quickly embraced this new era by launching their digital sportsbooks, PROLINE+ and the Atlantic Lottery Corporation (ALC), in 2021 and 2022 respectively. Ontario's groundbreaking move to allow third-party operators on
Canada To Be A Major Player In The $144 Billion Growth Of The Online Gambling Market
A recent study by the Data Bridge market research company has found that the online casino industry is expected to witness market growth of 13.7% between 2021 and 2028. Online gambling has increased in popularity over the past few years, and experts believe it won’t slow down anytime soon. While
Despite criticism and FinTRAC review, OLG maintains they are operating within the law
Ottawa Life published an article on April 4th that waved red flags about whether the Ontario Lottery and Gaming Commission (OLG) is being less than attentive to certain operations under its authority that may be in violation of the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Following in Ontario’s footsteps: could Alberta be Canada’s next iGaming hub?
Ontario’s Alcohol and Gaming Commission of Ontario (AGCO) commission and Alberta’s Alberta Gaming, Liquor and Cannabis (AGLC) are just a couple of examples of how Canada has a long history of regulating gambling, and ensuring that the wider community can benefit from the proceeds. From there, both Ontario and Alberta
OLG willfully ignoring federal anti-money laundering rules
OLG appears to be operating casinos in violation of the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The question is, why is no one doing anything about it? According to its annual report, Ontario Lottery and Gaming Corporation or OLG is responsible for conducting and managing 37
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