Ontario Looking for Help in Expanding Online Sportsbetting

This week the Ontario Lottery and Gaming Corporation announced that they're looking for assistance with expanding their online sportsbetting operations next year.

The expansion will be facilitated through a third party company and will see live action taken during sporting events. The company also wants to expand to allow for eSports and novelty wagers such as political bets and results of game shows. Ontario is competing to catch up with their fellow provinces such as Quebec, Manitoba, and British Colombia to offer the services to customers.

Speaking about the upcoming products OLG Spokesman Tony Bitonti said, "OLG sports offering will include new products that will provide more betting options on a wider variety of events, including all major North American sports leagues and major international sports."

Ontario Finance Minister Charles Sousa added: "We've been looking at the modernisation strategy, we're looking at expanding and protecting consumer activity. The situation is that a lot of online [gambling] activity occurs that is unregulated and many people are exposed, especially young kids.

"In my capacity, I have a duty of social responsibility here. I also have to ensure that we re-invest in things that will help people with addiction."

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bgsharpe
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9 December 2017 - 7:46pm
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Yeah I think it's a good plan from Ontario province authorities to expand and develop the gambling activity, regulating that activity is of course important too so probably they took the step in right direction.