Ontario Releases License Application Guide For Online Gambling
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Ontario is making progress towards privatization of online gambling. AGCO released a guide for interested companies. It will begin accepting applications in the coming weeks. The province expects to launch the market in December.
Ontario has online casino gaming through the Ontario Lottery and Gaming website. The Conservative government promised to privatize it in last year's budget. It began making good on those promises this spring. Operator licenses will cost $100,000 annually.
Ontario allows gray market operators to obtain official authorization for online gambling.
AGCO will forgive prior activity in the province until the regulated market launches. Any company still serving Ontarians without a license will be considered a black market operator and barred from obtaining a licence in future.
AGCO has developed a regulatory framework to ensure honesty and integrity for igaming in Ontario. AGco is committed to taking strong action to address any remaining unregulated Ontario market activity in partnership with law enforcement.
Some prospective operators are being coy about their interest in serving Canada's most populous province, Ontario. Speculation continues that leading US online gambling operators like BetMGM and DraftKings will put their hats and crowns in the ring. PartyCasino has been making appearances in ads on Canadian television sets. It's unknown which of these companies will become legal operators. AGCO will process applications.
