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In the three years since it’s been legalized, Ontario’s online gambling industry has “surpassed” expectations, generating thousands of jobs and billions of dollars in revenue. But as CBC’s Tyler Cheese explains, some experts say the sector is putting the public at risk.
Three years after legalization, Ontario’s online gambling and sports betting industry is booming, but some experts say there’s cause for concern around how gaming is marketed.
PowerPlay, an international gambling website licensed under the Alcohol and Gaming Commission of Ontario (AGCO), has expanded very successfully into the province over the last three years, Bill O’Brien, a sports book manager at PowerPlay, told CBC Toronto.
“Everyone always knew Ontario … was a market with huge potential,” O’Brien said. “But it has surpassed what anyone kind of expected it to be.”
He pointed to iGaming Ontario’s 2023-2024 annual report, which showed Ontario residents wagered almost $63.3 billion and generated $2.2 billion in total gaming revenue in the …
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