October 5, 2022

The Queens County Citizen

Complete Canadian News World

The iGaming Industry

The online casino is of the trendiest iGaming in the virtual industry currently. There can be many factors for its popularity but the integral reason is its accessibility to the players because all games can be played on all modern gadgets including smartwatches. CasinoGrizzly a leading affiliate marketing website recently introduced new online casino websites which can be vouched for their credibility in having a high in quality casino games and the best benefits. The site also assures safety and security for the players to have fun and the most excellent online gambling experience.

What is iGaming?

iGaming is also called online gaming and the player is required to give stake money as payment for the outcome of the said future event. All kinds of online gambling including binary trading and cryptocurrencies which includes virtual betting are covered by iGaming. Such as the case of Manchester United. Online sports bettors usually coordinate with a bookie or bookmarker online months before the said event and make a bet. In iGaming it is not only esports betting that it covers but also other forms of betting such as online casinos and poker.

iGaming is popular but its availability depends upon the location which means not all countries allow it.

The following are the countries at present that accept and legalize iGaming.

  • Australia
  • Canada
  • Belgium
  • Brazil
  • Denmark
  • France
  • Germany
  • Ireland
  • Italy
  • Mexico
  • the Netherlands
  • New Zealand
  • Spain
  • Sweden
  • Switzerland
  • The United States (availability varies on the state)
  • the United Kingdom

iGaming in Canada

The lawmakers of the country passed Bill C-218 which is the Safe and Regulated Sports Betting Act in June 2021 which grants local jurisdictions to organize single event betting. The following month in the same year a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO) the iGaming Ontario (iGO) in Ontario was launched.

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iGaming Ontario

The AGCO was established in 1998 by the government of Ontario and since then this entity assumed the responsibility for horse racing in 2016, the regulation of cannabis in 2018, and on April 4, 2022, overseeing the regulation of the restrictions and other gambling activities particularly online including the bonus, deposits, websites, betting platforms, and the gambling promos.

The iGO, on the other hand, is responsible for prioritizing the iGaming market and industry in the province, diverse options in the market, protection to the players especially the newbies, and making sure that the operator’s cooperation with the jurisdiction and illegal issues such as anti-money laundering.

The goal of these two entities is to ensure that the operator must meet the iGaming Ontario standards in creating a safer online gaming space, fairness in the game, honesty, and social responsibility.

The Online Casino in Canada

Canada is lenient in all forms of gambling including gambling online as stated by the Criminal Code of Canada. Online betting in the country can be enjoyed by anyone as long as you are of the legal age of 19 and no one is prosecuted for virtual wagering. The best part here is it is legal to play in any online casino offshore as long as they are legit. All winnings are tax-free as long as the player is not a professional gambler and only gambles for pleasure.

The country does not tolerate shady online casinos and operating without proper licenses both online and land-based which is a general rule to all countries that allow gambling.

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Online Casino Games which are Best Played in Canada

All virtual betting games are unique and are presented in a different fashion and various ways for the players to have a choice. These are the top three casino games in Canada.

1. Online Slots

Even online the charm of slot machines never ceases. It is a well-loved game online because of its unique themes and superb graphics. Since this is an online casino, therefore, they have a load of bonuses such as free spins, and bonus rounds, and players have the option to play real money.

2. Online Poker

This card game is one of the most flexible games in the online casino. It can be played virtually, live casino, with the use of other techniques such as AR/VR and many others.

3. Roulette

Roulette is very popular in Europe and in many nations including Canada where players can place bets on a single number and the player places their bet on any number and color which the player spins.

Final Insight:

Gambling in Canada is one of the best experiences any punter can have because of their lenience and the many benefits that the order. However, It is advised not to be too indulgent and one must have to have self-control in gambling.