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Best Online Bingo Ontario Sites for Real Money
Below are three of the best legal and licensed Ontario casino apps that offer Bingo.
Playing real money online bingo in Ontario is governed by a regulatory framework that ensures the legality and safety of online gaming for residents. Following the legalization of online gambling in Ontario on April 4, 2022, operators must be registered with the Alcohol and Gaming Commission of Ontario (AGCO) and have an agreement with iGaming Ontario (iGO) to offer their services legally within the province​​.
The new bingo market in Ontario
The Ontario Lottery and Gaming Corporation (OLGC), a government agency, previously held a monopoly on online gambling in the province, including bingo. However, with new regulations introduced to open the market, Ontarians now have a broader range of online gaming options.
This move was part of Ontario's efforts to increase competition, generate tax revenues from online gaming, address money laundering and organized crime, and protect consumers by ensuring that games operators meet certain standards​​.
Online Bingo Ontario Legal Rules
Operators offering online bingo and other gaming services in Ontario must complete a detailed licensing process with both iGO and AGCO.
The licensing process involves:
- Registering with both iGO and AGCO.
- Ensuring compliance with data security regulations.
- Completing anti-money laundering and Know Your Customer (KYC) processes.
- Undergoing training on the Internet Gaming Notification Matrix.
Operating fees in Ontario include:
- CAD 100,000 per year, per website.
- Additional costs for suppliers and manufacturers of gaming equipment and services.
Importance of Using Licensed Online Bingo Sites
For players, it's essential to engage with online bingo sites that are fully licensed and regulated to ensure a safe and fair gaming experience.
The minimum legal age for gambling in Ontario is 19 years old, except for playing the lottery and bingo, for which the minimum age is 18 years old.
It's worth noting that while casino winnings are not taxable for casual players, professional gamblers must include their winnings when filing income taxes​​.
Start Playing Real Money Online Bingo in Ontario Today
The regulatory environment in Ontario is designed to protect players and ensure the integrity of online gaming operations.
With the introduction of these regulations, Ontario residents can enjoy online bingo and other gambling activities in a secure and regulated framework, contributing to a responsible gaming environment within the province.
Ontario Online Bingo FAQs
Bingo, along with online casinos, sports betting, and lotteries, are among the extensive betting services accessible to residents of Ontario
Yes, you can play online bingo for real money. Many online platforms and websites offer bingo games where participants can deposit funds, purchase bingo cards, and play in hopes of winning cash prizes.
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Peter has more than 15 years of experience as a copywriter and a sports reporter. Other specialties include email marketing, proofreading and copy editing. He resides in Massachusetts with his wife and son.
