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PointsBet Celebrates Ontario iGaming License
Tuesday, 8 February 2022
Ontario is abuzz with the opening of its iGaming market. Naturally many operators are keen to get in on the action, though first need to obtain a license.
This isn’t a problem for PointsBet Canada though, at least not anymore. The company has come forward to say that it has officially received a license, meaning that it may now participate in the iGaming market. It is now only a matter of waiting until the floodgates are opened on April 4th 2022.
That is, assuming that the Ontario market does actually open on April 4th. Opening day was originally set to be near the end of 2021, only for several delays to keep pushing the process back. Although disappointing, delays are to be expected. It is, after all, no small task opening an entire region for international operators.
April 4th does seem to be final, but it wouldn’t be surprising if more delays cropped up to throw more spanners in the works.
As far as PointsBet Canada is concerned, getting an Ontario license is nothing short of a dream come true. PointsBet is a US Sportsbook initially founded in Australia that offers data on major sports including NBA, NFL, MLB and NHL. The online gaming and sports betting operator is licensed in Australia, the US, Canada and Ireland.
Scott Vanderwel, CEO of PointsBet Canada, commented: “Since day one, we have remained genuine to our promise of building a Canadian sportsbook, with Canadian employees, for the Canadian market. Today’s approval of PointsBet Canada as a licensed sportsbook in Ontario effective 4 April 2022, is a momentous step in unveiling our authentically Canadian gaming experience to the province.
“In just 60 days, PointsBet Canada’s unmatched speed and ease of use, unrivalled in-game betting capabilities, and unique local partnerships will bring Ontario sports fans a new, responsible, and dynamic form of sports betting and entertainment.”
PointsBet Canada vice president Chantal Cipriano shared a few thoughts of her own. She exclaimed that she is proud that her company has officially been approved by the Alcohol and Gaming Commission of Ontario (AGCO,) adding that regulatory approval demonstrates confidence.
She concluded that she and PointsBet Canada are excited to soon be engaging with local betting enthusiast, as well as helping to build a secure and competitive new market.
It is an interesting time for Ontario, and certainly a time of incredible iGaming growth. Whatever happens on April 4th, the only sure thing is that local gamblers are going to have more betting options than ever before. What happens after that is something that the world will be interested to witness.