Summary:
Bet99, a Canadian online gaming operator, has launched a website in Ontario. The company’s website went offline on Monday, while the one in Canada was not ready to take bets. On Tuesday, both websites were up and running, but some users still reported issues online. Online gambling and sports betting are regulated by the Alcohol and Gaming Commission of Ontario.
The end of the transitionary period for online gaming operators in Ontario came this week and another major brand has gone online. Bet99 made the switch to the regulated sector in recent days after announcing that it is now up and running in the province. The company’s online offerings will be available under the name Bet99.ca.
The Alcohol and Gaming Commission of Ontario regulates the online gambling and sports betting market in the province. Over 20 gaming operators and 40 websites have started to accept wagers online, and more are on their way. The private gaming market is the first of its kind in the country.
It is possible to make the switch
Bet99 has made the switch to Ontario’s regulated i gaming sector after obtaining regulatory approval from the AGCO. The gaming operator announced this week that it had launched a provincially- regulated website, however, the transition was not easy. The company’s website went offline on Monday, while the.ca website was not ready to take bets.
The operator posted on social media that it was performing maintenance that took longer than expected. On Tuesday, both websites were up and running, but some users still reported issues online. Except for Ontario, the company’s.com website continues to operate in grey-market sectors across Canada.
The company’s gaming license is located in the Mohawk Territory of Kahnawake, just south of Montreal, which is connected to the operator’s Bet99.com website. Legal internet casino games and sports betting are offered on the.ca website, which is regulated by the AGCO.
The internet-gaming operator license for Bet99 was granted a few months ago. It was unable to be online in the province due to a lack of an operating agreement with iGaming Ontario. Private operators are allowed to offer online gambling in the province through this agency. The operator has fulfilled the regulatory criteria.
The end of the transition period is near
The manner in which AGCO has dealt with grey-market operators was heavily criticized. It took some drastic measures recently. Operators with a provincial license who are yet to go online in the province will have to do so by October 31, 2022, the regulator announced at the beginning of October. Penalties could be imposed on those who do not follow the rules.
The second-quarter performance report on the online gaming sector was issued by the regulator in October. For the period of July 1 through September 30, the local market generated a total wagering handle of over six billion dollars and over 260 million dollars in gaming revenue. There were 628,000 active user accounts that spent an average of CA $142 per customer.
The November 1, 2022, cover of Zochodne’s “Ontario Sports Betting: Bet99 the latest to launch in Province’s regulated i gaming market”