Both the CEO of PointsBet Canada, and the VP, Legal, Compliance and People of PointsBet Canada have issued statements reflecting on the approval.
Ontario is Canada’s most populated province and covers over one million square kilometres. The province houses Ottawa, Cadan’s capital, with a population of almost 15 million people.
PointsBet is a US Sportsbook initially founded in Australia that offers data on major sports including NBA, NFL, MLB and NHL. The online gaming and sports betting operator is licensed in Australia, the US, Canada and Ireland.
Scott Vanderwel, CEO of PointsBet Canada, commented: “Since day one, we have remained genuine to our promise of building a Canadian sportsbook, with Canadian employees, for the Canadian market. Today’s approval of PointsBet Canada as a licensed sportsbook in Ontario effective 4 April 2022, is a momentous step in unveiling our authentically Canadian gaming experience to the province.
“In just 60 days, PointsBet Canada’s unmatched speed and ease of use, unrivalled in-game betting capabilities, and unique local partnerships will bring Ontario sports fans a new, responsible, and dynamic form of sports betting and entertainment.”
Chantal Cipriano, VP, Legal, Compliance and People, PointsBet Canada, added: “We are proud to be one of the first iGaming operators regulated by the Alcohol and Gaming Commission of Ontario. It demonstrates the confidence that regulators have in our ability to deliver an innovative, safe, and responsible experience to Ontario consumers.
“We look forward to applying our expertise from Australia and the US to help build a trusted, competitive, regulated iGaming market in Ontario, establishing an important foundation for our nation.”
PointsBet Group CEO Sam Swanell was one of four high-profile interviewees in Gambling Insider magazine's recently released CEO Special.