Do you think that online betting should be legal in Canada? Let us know in the comments below! Author: Canada Top Online Casino DraftKings Sportsbook is facing a C$100,000 fine from the Alcohol and Gaming Commission of Ontario for infractions of the Registrar’s Standards for Internet Gaming. The penalty comes as no surprise to those who have been keeping track of Canada’s betting landscape - it has been slowly evolving into a legal betting market over the past year. This story is just one in a long line of developments in the Canadian betting market, which is sure to heat up even more in 2019.
What did DraftKings do in Ontario?
The betting platform was found to be in violation of the Registrar’s Standards for Internet Gaming, which are in place to protect gamblers and ensure integrity in the betting market. While the specific infractions have not been made public, they were enough to warrant a C$100,000 fine from the AGCO.
DraftKings advertised the boosted odds on TV and radio
This is not the first time that DraftKings has been in hot water with Canadian regulators. Last year, the company came under fire for advertising “boosted” odds on its betting platform. The ads were run on TV and radio, and they offered bettors enhanced odds on certain sporting events.
DraftKings can appeal the regulatory penalty.
While the company has not yet commented on the latest infraction, it does have the option to appeal the regulatory penalty. It remains to be seen whether or not they will take this route.
What’s next for betting in Canada?
The Canadian betting market is sure to heat up even more in 2019 as more and more provinces begin to legalize and regulate betting. This story is just one in a long line of developments in the Canadian betting market, and it will be interesting to see how it unfolds in the coming months. Stay tuned for more updates.
Do you think that online betting should be legal in Canada? Let us know in the comments below!