slots online Ontario Sees Huge Profit Potential From Expanded Gaming.The implementation of single-event sports wagers is logical, given the fact that wagers on the outcome of games continues to be one of the most popular options. Canada’s criminal laws prevented them from being offered and, finally, lawmakers did something about the restriction. As a result, Ontario is more than pleased that it will be able to expand its legal gaming market and recover money that is currently going to black market and offshore entities. It couldn’t come at a better time, either, as the province, as well as other jurisdictions, begin to emerge from the COVID-19 issues that have plagued the world for more than a year..According to some studies, as much as $833 million (over CAD$1 billion) is spent annually in Ontario through online gambling portals. However, of that, around 70% is funneled through unregulated or grey market sites. That’s a significant amount of money Ontario will now be able to count on, and the province’s finance minister, Peter Bethlenfalvy, asserts, “Ontario’s new legal iGaming market will create new opportunities for Ontario businesses and a better, safer gaming experience for players.” He adds, “A new legal market would also generate revenue for the province to invest in supporting jobs and businesses, supporting people and their families, and improving and strengthening critical public services for a post-COVID world.”.