The Ontario Alcohol and Gaming Commission has announced that regulated sports betting operators in the Canadian province may resume offering bets on UFC events.
bet on UFC He was suspended when an insider bet investigation began last year. The investigation is still ongoing.
On December 1, 2022, following alleged incidents, including possible betting UFC Insiders, reports of suspicious betting patterns in other jurisdictions, and AGCO All Ontario registered gaming operators are required to stop offering and accepting bets in Ontario UFC events.
Since that date AGCO He has actively engaged with regulated entities and stakeholders as they work to address the issues.”
In order to protect the betting public, the AGCOThe Registrar Standards include rules to protect against odds-fixing, match-fixing and other sports betting integrity issues. Sports betting and event operators must specifically ensure that the sporting events on which they bet are effectively supervised by a governing body which must, at a minimum, define rules and enforce a code of conduct which includes a ban on betting by insiders.”
the UFC It has updated its policies and procedures to prevent all Insiders from placing any bets directly or through a third party on any of them UFC Match, including placing bets on themselves.
“Due to these actions, the Registrar is satisfied that the betting integrity concerns raised have now been addressed and is therefore allowing registered gaming operators to resume bidding. UFCrelevant bets,” the Ontario regulator said.
Operators must continue to meet all applicable registrant standards and AGCO You will continue to monitor compliance with standards. the AGCO is aware of ongoing investigations in other jurisdictions and will monitor the results and actions related to these investigations.”
Tom Mongham, Registrar W Executive DirectorAnd AGCOHe said in a statement:
“the AGCO It is committed to protecting Ontario players and the integrity of the betting market. With the legalization of betting on a single event in the past year, the AGCO Create strong new rules to protect bettors in Ontario. We are pleased that these rules are already promoting the integrity of sports betting in Ontario and, as a result, in UFC competitions around the world.