The gaming authority in Ontario, Canada, known as the Alcohol and Gaming Commission of Ontario (AGCO), has halted wagering on UFC events. Their concern stems from questionable activities, including whispers of insider betting and peculiar wagering trends observed elsewhere.
Essentially, the UFC does not prohibit individuals associated with the organization, such as fighters, trainers, or representatives, from placing bets on matches. The AGCO perceives this as a significant issue, as it creates an environment susceptible to manipulated outcomes and unethical practices.
This decision carries substantial weight, particularly in Ontario, where UFC betting enjoys immense popularity. The AGCO emphasizes that their primary objective is to safeguard the public and maintain the integrity of the sport.
This circumstance has put everyone on edge. Insider wagering on matches is completely unacceptable – it violates the very principles of combat sports. A fair and balanced competition is not up for debate. We are collaborating closely with bookmakers, regulatory bodies such as OLG and iGaming Ontario, and naturally, the UFC, to guarantee that every single bet placed on a UFC bout is entirely legitimate and adheres to the most stringent ethical guidelines.”