Casumo Exits Ontario Regulated iGaming Market

European online casino operator Casumo is preparing to shut down its operations in Ontario, leaving the province’s regulated iGaming sector after more than three years. The company will discontinue all Ontario play and close player accounts in the weeks following its final day of activity.

Casumo confirmed that gaming for Ontario users will end on April 30, with account closures following on May 14. A notice on its Ontario-facing website advises customers to manage remaining balances before shutdown.

Timeline Set for Withdrawal and Account Closures

The operator began informing Ontario-based users about the withdrawal through email communication starting April 1. From that date forward, new registrations were disabled, and minimum withdrawal thresholds were introduced as part of the exit process.

Key dates have been established to phase out services gradually. April 8 marks the final day players can claim outstanding bonuses, while bonuses already activated may still be used until April 30. Deposits will no longer be accepted after April 23, leading into the final day of gameplay on April 30.

Once operations cease, Casumo will proceed with closing all player accounts on May 14. Any remaining funds that have not been withdrawn by that point will be forfeited under the shutdown terms.

Exit Follows Early Entry Into Regulated Market

Casumo, which originated in Sweden and is now based in Malta, entered Ontario’s regulated iGaming market after receiving licensing approval from the Alcohol and Gaming Commission of Ontario in 2022. The brand went live shortly after the province opened its regulated online gambling sector in November of that year.

During its time in Ontario, the operator offered an extensive catalogue of more than 3,300 slot titles, alongside table games and live dealer content. Its portfolio included supply partnerships with major industry providers such as Playtech, Pragmatic Play, Light & Wonder, NetEnt, and Play’n GO.

Despite withdrawing from Ontario, Casumo continues to operate in other Canadian provinces, including Alberta, British Columbia, Quebec, and regions in Atlantic Canada, according to its Canada-facing platform outside Ontario. It remains unclear whether the company has pursued licensing for Alberta’s upcoming regulated iGaming market, which is scheduled to launch on July 13.

Ontario Market Continues to See Operator Turnover

Ontario remains one of North America’s most densely populated regulated iGaming markets, with dozens of licensed operators competing for share. While many remain active, several have exited since launch.

Casumo joins Fitzdares, Aristocrat Interactive white-label brands Betiton and Magic Red Casino, and the Wildz group, all of which exited last year. Toronto-based Rivalry also suspended Ontario operations in February.

Some operators have cited business pressures. Fitzdares said “the cost of doing business was becoming prohibitive,” while Wildz Group shifted focus to B2B technology services.

Ontario currently hosts 48 licensed operators across 82 gaming sites. The latest, BetNova, launched on April 9. These platforms compete with each other and Ontario Lottery and Gaming, with online casino accounting for most monthly wagering and revenue.

Casumo’s departure adds to ongoing shifts in Ontario’s competitive iGaming landscape as operators reassess their positions in the regulated market.

Source:

“Casumo withdrawing from Ontario iGaming market”, canadiangamingbusiness.com, April 8, 2026