History of the AGCO License
Gambling in Ontario, Canada dates from the fourteenth century. Modern casinos continue the tradition by offering extensive access to games of chance, including slots, table games, and sports betting. Delivering a solid framework for structuring the gambling environment, officials combat illegal gaming by shutting down and banning disreputable sites. Following global best practices, Ontario betting sites offer citizens a myriad of opportunities for online entertainment.
Although AGCO implements processes to eradicate illegal gambling, unlicensed operators exist in the digital marketplace. Regulators utilize several measures to protect citizens, even as the online market continues to attract new bettors daily. Gambling is a significant source of revenue for Ontario, and it helps to fund critical public projects. For these reasons, AGCO has broad oversight to ensure safe, expansive growth in the sector.
To ensure safety, the commission focuses on three key areas.
1. Responsible Gambling
Offering casino goers an opportunity to self-monitor is crucial in preventing gambling addiction. In some modern casinos, the system may alert a player who is exhibiting signs of gambling addiction. In the least case scenario, licensed casinos provide information about responsible gambling and offer referrals on the website to organizations, which may help in instances of gaming addiction. Those who self-monitor may choose to opt-out of gambling for a specified timeframe and personally restrict access to the casino account.
2. Honest Operations
Integrity is essential in maintaining consumer trust in the gambling license. This may include a review of a licensed casino’s software and systems to ensure that gamblers receive the appropriate ROI.
3. Money Laundering
All licensed establishments must follow existing AML laws to ensure that players do not divert money to terrorism. Operators ensure that deposits come from legal sources by checking the background of each account holder.
