All about the launch of iGaming in Ontario, Canada | Brand Voice | Advertising

2021-11-24 04:26:33 By : Mr. Allen Zeng

Ontario is preparing to launch the first trusted online casino for Canadian players on December 1, 2021. Operators have started to apply for fully functional licenses on the day of launch. To understand the difference between the British Gambling Commission, the Isle of Man Gambling Supervisory Commission and the Malta Gaming Authority, please study this article now.

iGaming Ontario and the Ontario Alcohol and Gaming Commission and the Ontario government are working to create a regulated online gaming market to promote responsible gambling among Canadians. It was created keeping in mind the goals of customer choice, legal market growth and temporary returns, consumer protection, and reduction of red tape. They are eager to provide the best online gaming experience in a very safe environment. 

According to the MGA and UKGC licenses, operators must perform KYC or know your customer identity verification and comply with anti-money laundering (AML) requirements when registering or creating iGaming accounts. Let's discuss each requirement in detail:

According to the Ontario license, operators can use the following methods to verify their identity:

Operators need to perform traditional PEP, sanctions, and unfavorable media checks to support AML compliance. This is done while continuously monitoring the player's situation every month. The information provided by the player should be updated. In addition, we will send them annual reminders for them to view and update their information. 

If you want to register for an iGaming Ontario license, you need to have an onboarding process consistent with its risk-based approach and specific license. 

Next month will be exciting for Canadian players, as the terms of the iGaming Ontario contract have now been finalized with the operator. What are you waiting for? Join Ontario's new initiative to create a legal iGaming market and eliminate existing illegal websites. In the next few months, gamers in Ontario will have a lot of fun.