Ottawa’s decision in 2021 to allow for the expansion of sports betting may be luring people away from investing for retirement and toward the zero-sum game of gambling. Two U.S. working papers released in the last two months highlight the financial impact on individuals of expanded sports betting. For every dollar wagered on sports, as...
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Tag: Ontario
State of the Union: DraftKings’ missteps, Missouri ballot measure
Welcome to iGB’s State of the Union, a look at the biggest North American sports betting stories we’ve covered over the week and briefs on others we found interesting. DraftKings has ‘no excuse’ to consider surcharge ‘cash grab’ Less than an hour after Flutter’s second-quarter earnings call ended Tuesday, DraftKings announced that after hearing customer...
BetMGM launches online casino in Ontario
BetMGM has announced the launch of the Wheel of Fortune Online Casino in Ontario through a collaboration with Sony Pictures Television and IGT. The Wheel of Fortune Casino in Ontario marks BetMGM’s second brand-led online casino in North America. BetMGM’s pioneering casino concept was first introduced in 2023 in New Jersey and continues to engage...
Ontario’s only in-patient treatment program for gambling addiction contends with rise of online betting
Open this photo in gallery: Diana Gabriele, certified problem gambling counselor at the Residential Centre for Problem Gambling and Digital Dependency at Hotel-Dieu Grace Healthcare in Windsor, Ont., stands inside the common area of the centre on June 6. Today’s clients, Ms. Gabriele says, tend to be hooked on online casinos and sports betting.Dax Melmer/The...
Canada needs national strategy to monitor online gambling harms: report
Open this photo in gallery: A Canadian Centre on Substance Use and Addiction report is asking political leaders to treat online gambling websites more like alcohol, tobacco and marijuana.Giordano Ciampini/The Canadian Press Canada needs a national strategy to monitor gambling-related harms and control the deluge of advertisements that followed Ontario’s legalization of commercial online gambling...
Alberta to follow Ontario roadmap in launching commercial online gambling market
Alberta’s administration is to follow fellow Canadian province Ontario’s blueprint by launching a regulated online gambling market. Alberta, which includes the cities of Calgary and Edmonton, would open up its market in line with Ontario’s launch in 2022. Commercial online gambling has since contributed CA$2.7bn (US$1.97m) to Ontario’s GDP, according to figures released this week....
Jontay Porter Under Investigation In Canada
Law enforcement officials in Canada have opened an investigation into the Jontay Porter sports betting scandal, an alleged player prop scheme that’s thus far resulted in the indictment of four co-conspirators in New York. A spokesman for the Ontario Provincial Police told ESPN Tuesday that a criminal investigation into the former Toronto Raptor is warranted...
Our Favorite Ontario Casino Apps for 2024
Ontario’s online casino market is buzzing with quite a few online casinos you can start playing today. With a mix of well-established names and new contenders, bettors have a lot to get excited about. Since there are so many online casinos out there, we decided we’d drop the best ones in the industry to help you decide which you want to play...