Goodbye Parlays, Hello Single Event Betting: Ontario Roles

Since single-event sports betting officially came into law in Canada with the passage of Bill C-218 on August 27^th, 2021, Canadians and industry participants alike have been patiently waiting to see what shape the regulatory landscape will take. On September 9th, 2021, the Alcohol and Gaming Commission of Ontario (AGCO) released its final sport and event standards for iGaming. With the standards now finalized, Ontario is now one step closer to opening up what will become one of the largest regulated betting markets in North America. The standards are not expected to take effect until the regulated market launches in Ontario, likely in the first quarter of 2022. Nevertheless, they provide a great deal of insight into what that market will look like once the doors open.