The current online gambling laws in Ontario mirror other Canadian provinces. As it stands, online gambling in Ontario is a bit of a grey area. Players can choose to play online in two ways:
Players must be 19 years or older to gamble in Ontario (online and in land-based casinos).
To the delight of many online gamblers, the Alcohol and Games Commission of Ontario (AGCO) has decided to create a more competitive and open market. New rules will eliminate the monopoly that the OLG has on online gambling in the province.
A need for interactive at-home activities has led many Canadians to the world of online gambling recently. Therefore, these changes were likely sparked by a growing demand for online casinos.
To create a more open market, Ontario’s new legal online gambling laws will:
Private game operators and suppliers who would like to enter the Ontario iGaming market will need to apply with the AGCO. To be considered, applicants must first be registered under the Gaming Control Act, 1992 (GCA). This Act is mandated by the AGCO.
Successful applicants will also be responsible for paying:
This application process will ensure that new operators maintain high standards and fair practices. By ensuring that only the best online casinos are able to enter the Ontario iGaming sector, the government hopes to help protect Canadian players.
There are many benefits to expanding the iGaming market in Ontario. These new legal online gambling laws will offer advantages for Canadian players, the Ontario government and private operators.
Advantages for Canadian players:
Regulating and legalizing private iGaming operators will ensure that these organizations offer:
Increased competition leads to innovation and improvements. As there will be more regulated online casinos in Ontario, operators will be forced to provide the best possible service and experience to stay competitive.
Advantages for the government:
These new legal online gambling laws will create additional revenue from the iGaming industry through fees. They will also allow the Ontario government to capture a portion of the $14 billion that Canadians spend on offshore gaming sites via taxation.
Advantages for private operators:
Currently, for private online casinos to be legal in Canada they must be operated offshore. Therefore, these new online gambling laws in Ontario will allow:
Ontario’s new legal online gambling laws were first announced in the Summer of 2021. The road map created by iGaming Ontario showed progress throughout Fall 2021. However, the new changes have not yet been fully implemented.
Operators and suppliers have been able to go to the iAGCO online portal and create an account since September 13, 2021. Creating an account allows applicants to begin the registration process.
However, the application process is quite extensive. So, it will be interesting to see how many private gaming providers choose to participate.
The hope is to launch a competitive Ontario iGaming market in the near future.
This is an exciting time for the online gaming industry. So be sure to stay tuned!