It’s a big market.”Downey said the province is aiming to launch new regulated markets for both single-event sports wagering online and internet gambling more broadly by December of this year. Torstar Corp., which owns the Toronto Star, said in March it plans to launch an online casino betting brand in Ontario and has also indicated it plans to offer single-sport wagering. Last month, Ontario said single-event sports betting is a $14 billion industry in Canada. It announced it was creating iGaming Ontario, a subsidiary of the Alcohol and Gaming Commission of Ontario, to manage sports betting and online gambling more broadly. The AGCO released a discussion paper in late July regarding the standards for sports and event wagering in the province.

Source: thestar August 12, 2021 18:23 UTC