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PokerStars and Casumo are the two latest operators to be cleared to launch in the Ontario iGaming market by the Alcohol and Gaming Commission of Ontario (AGCO).
For PokerStars, the AGCO granted a two-year operator license to PokerStars' parent company, TSG interactive, which is due to expire in June 2024.
Casumo's license, granted to its parent company Pret Play, has a validity of just one year and is set to expire in June 2023.
Following the landmark announcement that the Ontario Lottery and Gaming Corporation (OLG) will end its legal monopoly on online gambling in 2019, planning began to construct what would be one of the world's largest regulated gambling markets.
The AGCO finalised their guidelines for the new iGaming market in Ontario by September 2021, which covered regulations on ads, minimum age requirements, job specifications, and ideals for maintaining integrity, security, and fairness.
The Ontario market officially launched on April 4, 2022, by which point many of the iGaming industry's biggest names scrambled to acquire a license to operate in the province.
888, PointsBet, Unibet, BetRivers, LeoVegas, FanDuel, and Caesars were some of the first companies to welcome Ontarian gamblers on the day of the launch. BetVictor, DraftKings, and other brands were soon able to follow suit.
