Online casino

Saskatchewan’s First Online Gambling Platform is Now Live – Casino Reports

This week, the province of Saskatchewan is making history by launching its first regulated online platform for gambling and sports betting. On Thursday, November 3, 2022, the province launched PlayNow, where eligible bettors will be able to play casino games and bet on their favorite sporting event in a fun yet responsible way.

The launch of PlayNow comes a year after the Canadian federal government decriminalized single event betting, which has opened up many opportunities for the industry. PlayNow is owned by the British Columbia Lottery Corporation and in Saskatchewan will be operated by Sask. Gaming, and operated by the Saskatchewan Indian Gaming Authority and regulated by the Saskatchewan Liquor and Gaming Authority.

Now operational

Shanna Schulhauser, director of communications for the Saskatchewan Gaming Corporation, said the opening of the iGaming sector in the province is possible after the historic agreement between the company and the Saskatchewan Indian Gaming Authority. The deal was announced last year. She said the launch was also great news for economic reconciliation in the province.

According to Sask. Gaming, the digital platform comes with more 500 casino games and a full range of world-class sports betting offers. Profits from the websites will be split equally between the province and the FSIN, supporting economic development, health care, education and many community services in the province. It is expected to generate C$60 million over four years.

Due to the legalization of single sport betting, there has been an abundance of advertisements and promotions in the industry. Ms. Schulhauser explained that this is why the province chose PlayNow, as it has huge responsible gambling characteristics. The site offers contextual reminders of time and money spent, as well as problem gambling referral information and counselors available 24/7.

PlayNow is already online in British Columbia, Manitoba and Saskatchewan, allowing the province to do your research before getting into the sports game, Ms. Schulhauser said. She also shared that she was happy to celebrate more gambling revenue staying in the province as the new online portal is expected to attract gray market bettors.

Tax figures 2021-2022

In July, SaskGaming released its fiscal numbers for the 2021-2022 fiscal year. For exercise, the formidable company recovery compared to the previous year, as it generated over C$19.1 million in net revenue. The rejuvenation in revenue can be explained by the province easing health and safety protocols, which allowed casinos to return to normal.

In its report, the agency indicates that it has accumulated revenues of C$77.8 million, which is a significant increase from C$30.9 million last year. Spending also increased for the fiscal year as the company shared it reached C$58.7 million, while for 2020-21 spending was significantly lower at around C$44.3 million. Canadian dollars.

Source: Sorokan, Keenan “Province Launches First Legal Online Gambling Website”, CTV News SaskatoonNovember 4, 2022