EddyVegas.com Now Open for New Players in Canada

EmuCasno is debuting a new online casino website known as EddyVegas. EddyVegas has been inspired by the Vegas Strip and will be available to punters in Canada. EddyVegas will offer punters access to more than 1000 high-quality slot games from established slot providers such as Evolution, iSoftBet, Pragmatic Play, Microgaming, No Limit City, and Quickspin.

In addition to offering punters a wide array of games, EddyVegas will also offer punters access to multiple deposit and withdrawal options including all major credit cards, bank transfers, e-wallets, as well as Cryptocurrency. To entice new players to sign up, EddyVegas will have various bonus offers depending on the demand.

Some of the bonus offers that will be available for new signees include Money Back Guarantee, which offers punters a rebate on their losses, as well as Viva Las Free Spins, which will be a regular offer for a full week of free spins. Punters that sign up to EddyVegas will be treated to theme changes every few weeks, which will keep the platform looking fresh throughout.

Even though the platform is looking to change the theme often, customers can still expect the Vegas-style theme that the brand will be known for. Every new theme change will come with fresh new graphics, promotions, and bonuses, as well as featured games. This means that customers on the platform will never be bored.

Ontario iGaming is all set

EddyVegas could not have launched its new platform at a better time- as Ontario prepares to debut its iGaming market. This year, the government formed iGaming Ontario, a brand new subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO), which will be responsible for creating a safe, regulated, and competitive iGaming market. Ontario is looking to establish itself as the international leader in iGaming while also ensuring that there are strong measures in place to protect its punters.

Following Parliament’s decision to lift the ban on single-event sports wagering, the debut of iGaming Ontario will be yet another pivotal milestone in the country’s effort to establish a safe gambling market that meets consumer expectations. As the first province to legalize iGaming in its entirety, Ontario punters will have more variety than any other punters owing to its wide array of online gaming products and services.

Last year, the government announced that it would create the Ontario Lottery and Gaming Corporation that will conduct and manage all new iGaming services. When iGaming is made legal, OLG will continue conducting and managing its own offering through its OLG.ca platform. AGCO’s role as regulator will remain unchanged and will be separate from OLG.

The AGCO will be in charge of regulatory oversight for all gaming activities including iGaming operators, suppliers, as well as iGaming Ontario. At present, the government is still working hand in hand with First Nation Communities, operators in the iGaming industry, as well as several other organizations, to establish all the rules in the marketplace while also establishing a safe gambling environment. Please note that iGaming Ontario will not manage any online game products that are currently being provided by OLG.

According to reports shared by AGCO, Ontarians spend close to $1 billion each year on online gambling. Often residents choose to opt for unregulated, grey market online casinos that do not typically offer any player protections of any kind. Ontario’s new iGaming market will not only create a secure environment for punters but will also create new opportunities for operators and other stakeholders.

The government has already shared standards

Earlier this year in September, the Alcohol and Gaming Commission of Ontario opened its application portal for all prospective operators and gaming-related suppliers that are keen on setting up businesses in the upcoming iGaming market. In this regard, the AGCO also recently shared all the application guides for operators and suppliers interested in joining the burgeoning market.

As a result, operators and suppliers have been filing their applications through the portal. The government is working hard to launch the new iGaming market before the end of 2021. 3rd party operators that register successfully will be allowed to operate and supply their products within the open, regulated and competitive iGaming market in Ontario.

So what process do interested parties have to go through?

Before receiving the go-ahead needed to operate in Ontario, suppliers and operators must first register under the Ontario Gaming Control Act of 1992. This registration process will be administered by AGCO and will require interested candidates to submit completed applications that include entity-level disclosure, as well as personal disclosure.

Operators looking to set up multiple gaming sites will be required to register all entities. Operators will pay a yearly regulatory fee of c$ 100,000 for every site they register. Operators will also be given the option to pay the fee when submitting applications. In addition to the registration fee, prospective operators will also have to set aside funds for investigatory costs that come with processing their applications.

The AGCO also expects operators to submit a compliance gap analysis showing any current or future controls, technologies, or compliance matters according to the Internet Gaming standards in the country. Operators must also submit audited assessments of the processes and controls they have in place as part of the Internet Gaming Standards control activity matrix. 

The AGCO has not yet released all the standards of the control activity matric although it has stated that it will notify interested applicants when and how they will submit the matrix before the launch.

Gaming suppliers, on the other hand, looking to offer things like gaming equipment and other gaming-related supplies also have to follow strict rules in the application process. For instance, manufacturers, unlike operators, will be charged a higher fee of C$ 3000 each year. The suppliers, like operators, may choose between one or 2-year terms.

Final Thoughts

Operators such as EddyVgeas will want to do everything possible to make sure that they take full advantage of the growing iGaming market in Canada. Ontario’s sports betting market is already thriving and there is no reason to believe that its iGaming market will not perform just as well.