Most recently, Ontario’s Alcohol and Gaming Commission said it has fined three iGaming operators financially in the state’s online gambling sector. 바카라사이트 According to the watchdog, the three brands violated Internet gaming standards by offering unauthenticated slot games: Come On!, Conquestador, and Leo Vegas.
Come On! is owned by Bunchberry Limited, while Conquestador is owned by Mobile Incorporated Limited, and LeoVegas Gaming PLC is owned by LeoVegas. The three companies have received permission from AGCO to engage in legal online gambling activities in local markets for private markets. It opened on April 4, 2022, and its total handling has since raised more than C$35 billion.
In a press release, AGCO said the three operators offered slot titles to Ontario players who were not authorized by regulators or were not certified by an independent testing laboratory. This is a violation of the province’s 4.08 and 4.09 standards. Mobile Inc. also violated Section 1.22 of the provision of games from suppliers not authorized by AGCO.
AGCO says Mobile Inc has been fined C$30,000 for violating provincial iGaming standards, LeoVegas C$25,000 and Bunchberry Limited C$15,000. However, the three betting brands have the option and right to appeal the decision through the Licence Appeals Tribunal, an independent financial tribunal with parts of the AGCO and Ontario Tribunal.
Tom Mungham, CEO and registrar of the regulator, said all registered operators have high standards for responsible gambling, player protection, and game integrity and monitor their activities for the benefit of Ontario residents. He noted that the regulatory framework requires brands to offer only games offered from licensed game suppliers and approved by AGCO-registered independent testing labs.
He went on to say that this type of content meets the highest standards of game integrity in the state. In addition, Mr. Mengham explained that bettors in Ontario who choose to play on the state-regulated website need to be sure that the games offered by all operators meet the state’s requirements and that they are safe to play.
This was not the first time that regulators penalized local licensed operators. In May last year, iGaming watchdog fined BetMGM and PointsBet Canada for violating advertising and guidance. BetMGM was fined C$48,000 for failing to comply with Internet Gaming Provincial Standards 2.04 and 2.05. Meanwhile, PointsBet Canada was fined C$30,000 for violating Standard 2.05.
Then, in July 2022, the regulator imposed a monetary fine on DraftKings, which also operates in the domestic market. The company was fined C$100,000 in violation of Standard 2.05. The rules prohibit advertising of incentives, bonuses, or credits.