By SectorWire desk ·
The report said that Fanatics obtained an iGaming operator licence from AGCO ahead of a planned Ontario launch. The province already has 48 licensed operators running 83 websites.
The licence allows Fanatics to prepare its entry into Ontario.
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Fanatics Casino’s licensed launch adds an operator to Ontario’s regulated online gambling market.
The licence advances Fanatics’ Ontario entry, subject to an iGO operating agreement.
Rubin’s forecast describes potential sportsbook marketing costs amid competition from prediction markets, rather than spending already committed.
Kalshi’s proposed rule would allow financial penalties, suspension or account deactivation for users harassing athletes or third parties over trading.
The inquiry could inform MGC policy on safeguards for AI use in sportsbook marketing and responsible gaming.
Sportsbooks face increased prediction market marketing spending, with acquisition costs roughly $200 per trader versus $250 per sportsbook customer.