May 4, 2022
Ontario's gaming regulator has issued its first monetary penalties to operators within the Province's iGaming market. Newly legal Ontario betting sites BetMGM and PointsBet Canada have been issued fines of $48,000 and $30,000 respectively, as outlined in this AGCO news release.
In the release, Tom Mungham, Chief Executive Officer and Registrar of the AGCO was quoted as saying: “The AGCO holds all registered operators to high standards of responsible gambling, player protection and game integrity, and monitors their activities to ensure they are meeting their obligations under Ontario’s Gaming Control Act and the Standards.”
The fines mark the first evidence that the AGCO has begun to monitor the marketing and operations of its licensed providers. The alleged breaches of the rules included BetMGM tweeting about several "inducements". BetMGM also tweeted an incorrect statement that players could increase their chances of winning if they wagered more.
The alleged breaches by PointsBet Canada involve posters on GO trains and in GO train stations, among other products that listed an "inducement" to play for free.
Back to SNBET's Ontario sports betting news.
AGCO issues monetary penalties to BetMGM Canada and PointsBet Canada for alleged advertising and inducement infractions. https://t.co/ydw1H7cD1R
— AGCO (@Ont_AGCO) May 3, 2022