Ontario Sports Betting: DraftKings Secures License Into Canada’s Province

Ontario Sports Betting: DraftKings Secures License Into Canada’s Province

DraftKings patiently waited for the right moment before releasing its product to the public in Ontario. This implies that residents may join the sports betting platform and choose from a choice of events that are adequately covered by DraftKings Sportsbook. 

The National Hockey League, Major League Baseball, and Major League Soccer are all examples of these types of leagues.

The brand has a multi-vertical offer that provides a plethora of betting possibilities, including online gaming and sports betting. 

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DraftKings launching in Ontario Sports Betting market

At the moment, there are more than 130 different types of specialized iGaming goods that can be played at the DraftKings Casino. These games include slots, baccarat, roulette, and blackjack. DraftKings is admittedly coming into the market on a far later timeline than expected. On April 4, Ontario introduced a private market for online gambling; nonetheless, it took the corporation some time to establish its own business infrastructure once the market opened. DraftKings is really the 37th gaming establishment to open its doors in the state. The list contains a great deal of additional well-known companies that function as B2B suppliers, white label providers, and well-established gaming brands.

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Corporate Notes

 

Numerous other companies, like Entain, FanDuel, BetMGM, Bet Rivers, and SkillOnNet, have already established a presence in the market and have been doing well. In addition, FanDuel is one of the most successful companies in the state. Despite this, DraftKings is the twelfth gaming business to be granted a license that is valid for two years. DraftKings co-founder, chairman, and executive Jason Robins, in response to this opportunity, stated that the company’s entry into Canada with their online sportsbook and online casino products is a significant milestone in the company’s expansion efforts because they reach nearly forty percent of the total population of Canada. Robins stated that DraftKings would maintain its commitment to Ontario and deliver its whole array of goods to the province in order to provide fans with a high-quality gaming experience that is accompanied by the most responsible forms of gambling practices.

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.