How Ontario Online Casino Privatization Differs From The US Model
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The private online casino market in Ontario will be different from the US model. Operators will need to enter into commercial agreements with the province. The Ontario Lottery and Gaming Corporation has a monopoly on online casinos. iGaming Ontario was created in July. It will oversee the private igaming marketplace that was slated to launch this month, but will more than likely debut early next year.
Ontario's online casino operators will have operator agreements instead of licenses.
The discussion paper’s preliminary outline for “a model for Internet gaming in Ontario” says that OLG remains the only entity with direct legal authority to conduct gambling. Every private brand in the market will simply be a skin for that same primary partner.
The Criminal Code prohibits the provision of gambling in Canada, with some limited exceptions.
AGCO and iGaming Ontario are supervising online gambling operators. Lindsay Rennie gave Online Poker Report a checklist for prospective online casino operators on Friday.
How Ontario Online Casino Privatization differs from the US model. Successful operators will enter into an Operating Agreement with iGaming Ontario to be able to participate in the regulated igaming market.
Ontario's operating agreements are similar to gaming licenses. Many US online casino operators are setting up shop in Canada to prepare for the pending Ontario iGaming marketplace. Single-event sports betting in Ontario had been netting offshore operators more than $500 million a year from Ontarians alone.
