Why Canada's gambling market will grow with Ontario's new laws

The gambling industry was never fully open in Ontario until the 4th of April, 2022. Any gambling platform can now operate in Ontario as long as it can get a license. The entity in charge is iGaming Ontario and they will be the firm that issues licenses to the platforms, operators, and suppliers. iGaming has already given licenses to well-known sports betting platforms like FanDuel which is a sign that Ontario and to a greater extent, Canada can become top markets.

Canadian bettors can also have access to online gambling platforms to play Bitcasino slots and live dealer games. This has been the latest trend, especially during the time when land-based casinos are closed down due to the pandemic. Now, let's take a look at why Canada’s market will grow with these new laws.

When you go to Ontario, you will see that you can access many gambling platforms. This can range from land-based casinos in the area to the vast and diverse online space where you can play games and bet on sports matches. 

Canada’s market is still relatively untapped which means that there will be a solid platform to jump for loads of people. Their platforms will most likely hire people in the Ontario area to run their gambling activities which is a good reason why the market will thrive. 

Branching out and expanding will be a possibility with these platforms because Canada is a huge country and Ontario is seen as one of their cultural centres. If they can keep this up, you should expect that the Great White North will be stacked with gambling platforms that are still meeting the local standard. 

Sports betting platforms will surely be a huge hit as well given that Ontario is filled with top teams. Bettors should be pleased with seeing this because you can expect that the overall market will thrive. 

Ontario’s entry into the gambling market is just the start for the rest of Canada. You can expect that if there is a positive development in the next few months and years, the rest of Canada will be more accepting of the gambling market. 

Online platforms have already shown their potential to succeed and sustained success can also happen in other platforms like the land-based casinos. Ontario is a huge part of the Canadian market but there are the likes of provinces like Alberta, Quebec, and many more to breach. Those markets are ready for the taking, all they need is a precedent to follow and Ontario is now the prime example. 

It helps that Toronto will be the centre of attention with this move. They are a cultural hub for the entirety of Canada which means that the top people in the country will have a good time playing on these platforms and they can possibly spread the good word about gambling in Ontario.

Those are just a few of the best reasons why Canada will have a booming gambling market. You can expect more people to play Bitcasino slots in that region and it will help the market grow even bigger. 

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