Coolbet, a sports betting operator, will close its Ontario site on April 3, 2023. Coolbet, which is owned by technology company Gan, has announced that it will leave the Ontario sports betting market in a few weeks. On March 21, the operator will disable deposit options and close its gaming operations on March 22. The website and mobile app will be completely decommissioned by April 3rd. In Ontario, there are 70 active iGaming sites, not including platforms provided by the government-owned Ontario Lottery and Gaming Corp. As a result, sports betting operators now face a highly competitive market.