Uncategorized

Videoslots Debuts iGaming Services in Ontario

Videoslots is set to expand its area of legal operations, as it has obtained a license to operate in Canada’s most populous province – Ontario. The operator was licensed under the Alcohol and Gaming Commission of Ontario, allowing it to offer iGaming content from its partners to players in the province. Its sister brand Mr Vegas is also arriving in the regulated sector.

Ontario’s market is the first of its kind in Canada as it allows for third-party operators to obtain a license and offer legal online casinos and sports betting to locals. A percentage of their revenue is taken by the province. The aim of the iGaming framework was to keep players off of offshore websites while also keeping some of the money in the province and reinvesting it.

Another Operator Joins the iGaming Scene

After acquiring a license, Videoslots is now able to offer its content to Ontario bettors. Players from the province will have access to content from its partner providers such as Pragmatic Play, Play’n GO, Evolution, Light & Wonder, Pariplay and Greentube. Its content boasts customer engagement features such as Battle of Slots, Clash of Spins and Wheel of Jackpots.

Deputy Chief Executive for the operator, Ulle Skottling, commented that the debut in Ontario was another milestone for the company’s team. He said the team was excited about the prospect of entertaining players in the region. He added that it just made sense for the company to join the competitive market which is devoted to providing work for players and operators.

Ontario’s entry, is the company’s seventh gaming license, after its launch in Malta, Sweden, Denmark, Italy, Spain, and the UK. Also, earlier this month, the operator was penalized for a series of social responsibility and anti-money laundering failures in Great Britain. Its violations were not ensuring customers displaying risk behaviours were identified as potentially experiencing harm.

In addition to that, the company was accused of failing to identify whether a customer was at risk of harm. It was also reported that users showing indicators of harm were still able to gamble significant amounts. The local regulator also claimed that the operator did not provide sufficient AML analysts to process data or undertake AML account reviews.

Regulations are Coming to Ontario Soon


Earlier this month at the Canadian Gaming Summit Tom Mungham, CEO and registrar of the AGCO said that a decision on the influx of betting ads is just weeks away and not months. Officials said that they received 38 responses to their previously suggested amendments to the advertising standards, which included a ban on the use of sports stars in ads by operators.

Meanwhile, Videoslots should also be wary of abiding by Ontario’s Standards for Internet Gambling, as just recently AGCO issued fines on two operators in the market. It issued monetary fines on BV Gaming and Fitzdares Canada Limited for offering illegal bets on Canadian major junior hockey. The two penalties were a total size of CA$30,000.

BY: 온라인카지노

Related Posts

Universal Turns To Profits In 2022 As Okada Manila Rev Doubles

Japan’s Universal Entertainment, the founding parent of Okada Manila Casino Resort in the Philippines, posted a net profit of nearly 11.51 billion yen ($86.6 million) for all of…

IR-backing Osaka governor re-elected, share of vote up

Hirofumi Yoshimura, the head of the Osaka Innovation party, was re-elected on Sunday as governor of Osaka prefecture, and with a 9.3 percentage-point increase in his share of…

Earth Day celebration to kick off at Gwanghwamun Square on Saturday

To mark Earth Day, the Seoul Metropolitan Government and the city’s Green Citizen Committee are hosting a commemorative event at Gwanghwamun Square on Saturday.Earth Day, an annual event…

How much in subsidies will Samsung Electronics get for US chip plant?

Samsung Electronics is expected to receive more than $6 billion in subsidies from the U.S. government for its semiconductor investments in the country, marking its entry into the…

Bank deposits diminish as stock, crypto markets grow

Nearly 15 trillion won ($11.06 billion) was withdrawn from fixed-term deposit accounts and installment savings accounts at five major commercial banks in Korea in the past month, according…

Hotel Shilla CEO signs block deal to pay inheritance tax

Hotel Shilla CEO Lee Boo-jin, the daughter of late former Samsung Group Chairman Lee Kun-hee, is seeking to sell over 5.2 million Samsung Electronics shares in an after-hours…

Leave a Reply

Your email address will not be published. Required fields are marked *