Ontario Sports Betting

News And Updates About Sports Betting In Ontario

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For decades, the only legal sports betting option in Ontario has been the parlay-style games offered by the provincial lottery system. That’s about to change. Single-game wagering is just about officially legalized in Canada, so the massive potential of the Ontario sports betting market is about to be realized.

What will sports betting look like in ON?

The Canadian Parliament passed a bill that ended the federal ban on single-game sports betting in June 2021. The ball is now in the court of Prime Minister Justin Trudeau to announce an effective date when things can move forward. In terms of market size, Ontario is the fifth-largest in all of North America, so anticipation has continued to build. Provincial governments will be able to set their own rules, and some may simply expand their existing offerings to include single-game wagering.

Ontario is expected to work toward having an open market, but it may not be ready to do so right out of the gate. Operators such as DraftKings Sportsbook, PointsBet Sportsbook, BetMGM Sportsbook, and theScore already have their sights set on entering the fray.

Some estimates have pegged the potential for a fully functioning legal Canadian sports betting market at over $5 billion in annual gross gaming revenue. It’s estimated that Ontario would account for a sizable chunk of that to the tune of nearly 40%.

Assuming there are no additional hang-ups, legal single-game wagering will be available in Ontario soon. There should be retail sportsbooks coming to existing casino properties, as well as online and mobile options for customers to explore.

How soon will sports betting be legalized in Ontario?

There has been plenty of chatter about actually legalizing single-game wagering in Canada for several years, but the effort really began to pick up steam in 2020. Bill C-218, the Safe and Regulated Sports Betting Act, was first introduced that February.

In April 2021, the bill was passed out of the House of Commons following its third reading. The Senate overwhelmingly voted in favor in June by a margin of 57-20. Just a few days later, the bill received what’s known as royal assent, which is the last step prior to it becoming an official act.

From this point, Prime Minister Justin Trudeau is tasked with setting an effective date. Exactly when that will happen is unclear, but the expectation is that things will move quickly. Opinions on exactly when legal single-game wagering will be officially unveiled have varied.

On the most optimistic timelines, there has been support for a rollout in time for the start of the 2021-22 NFL season. Others have tapped the brakes and suggested that we may not see an official unveiling until late 2021 or early 2022.

Assuming Trudeau acts quickly, there has been plenty of support across the provinces, and from the major North American sports leagues and sportsbook operators, for the launch of legal single-game wafering to be accelerated.

Projected launch date for sports betting in Ontario

The provincial lottery operators in some Canadian provinces could move quickly and unveil options for consumers soon after the effective date is announced. For Ontario, the goal is to have an open market, so it could take some time for a full-scale launch. The actual unveiling could take place as soon as the upcoming NFL season, but it could also be delayed until closer to the new year.

FAQ

Is it legal to bet on sports in Ontario?

Yes, sports betting has been legal in Canada for several years via the games offered by Ontario Lottery and Gaming. Single-game wagering has been approved by parliament as well and should be on the way before 2021 is through.

How long until legal sports betting goes live in Ontario?

It depends upon the effective date set by Prime Minister Justin Trudeau. The most optimistic timelines call for a late summer/early fall launch in 2021, but it could take longer than that for the market to be fully set in Ontario.

Will you be able to bet on your phone in Ontario?

Yes, online and mobile betting will be permitted in Ontario. The opening up of the market has been highly-anticipated by a number of the industry’s top operators, including DraftKings and FanDuel, who could bring their platforms north of the border if all goes well.

Where can you bet on sports in Ontario?

Once legal single-game wagering officially goes live, consumers will have online and mobile options to consider, as well as retail locations to visit. On the retail front, existing casinos such as Caesars Windsor make for natural entry points.

What’s the legal gambling age in Ontario?

The legal gambling age in Ontario is 19. It’s expected that the same will apply to sports betting.

Is Bovada legal in Ontario?

No, offshore operators such as Bovada are not legal in Ontario or elsewhere in Canada.

Who will be eligible to apply for sports betting licenses in Ontario?

The exact details of the licensing process haven’t been finalized, but there has been interest expressed from a number of the top legal US sportsbook operators.

Who will oversee sports betting in Ontario?

The Alcohol and Gaming Commission of Ontario currently regulates gaming in Ontario. The commission is expected to fill the same role for sports betting, but it’s possible that the authority will be separated.

Ontario Sports Betting News

Will Ontario Sports Betting Be Delayed Yet Again By Local Casino Opposition?

January 18, 2022

Ontario sports betting could be delayed by three months after Great Canadian Gaming claimed igaming would hurt tax revenues and cost jobs.

The post Will Ontario Sports Betting Be Delayed Yet Again By Local Casino Opposition? appeared first on Legal Sports Report.

Western Canada Sports Betting Options Expand, With A Catch

December 21, 2021

A new set of retail offerings for sports betting in Canada is available in several provinces. Don’t expect to get much money down through them, however. Scientific Games announced a bolstered set of products for Canadian sports betting, released in conjunction with the Western Canada Lottery Corp. The product is available in the provinces and […]

The post Western Canada Sports Betting Options Expand, With A Catch appeared first on Legal Sports Report.

Alberta Regulators Aim To Expand Canada Sports Betting

December 16, 2021

Alberta joins Ontario as provinces looking to expand options for sports betting in Canada. Last week, the Alberta Gaming, Liquor and Cannabis issued a request for proposal in search of two commercial sports betting companies to operate retail sportsbooks in the western province. Until Alberta’s announcement Dec. 10, Ontario was the only province with public […]

The post Alberta Regulators Aim To Expand Canada Sports Betting appeared first on Legal Sports Report.