TORONTO — Ontario sports bettors will be able to place online wagers on the $1-million King's Plate.
Woodbine Entertainment has reached an agreement with bet365 to make horse racing available to Ontario sports bettors through the online betting company's platform. The deal means sports punters will be able to wager on the King's Plate, the opening jewel of the OLG Canadian Triple Crown that goes Sunday at Woodbine Racetrack.
Ontario became the first Canadian province to launch an open, regulated igaming market in April 2022. In June, iGaming Ontario reported the market generated total gaming revenues of just over $1.48 billion in its first full year of operation. Last month's report also stated total sports-betting wagers for the first three months of 2023 totalled $2 billion, with gaming revenues of $138 million.
"Yes, it's a great relief," Lawsons said."Although it's been a long process, the federal and provincial governments, CPMA, Attorney General's office, iGO and the AGCO have all been supportive … I understand we had to go through all of the appropriate channels.
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