The Alcohol and Gaming Commission of Ontario has announced that registered operators who have an agreement with iGaming Ontario will be able to use its platform beginning April 4th.
The Alcohol and Gaming Commission of Ontario (AGCO) has been working with the Government of Ontario to release iGaming as an online regulated gaming/gambling platform that manages online gaming in the province through private gaming operators.
The iGaming Ontario website states that a share of revenues generated by these commercial relationships will be returned to the Government of Ontario to support provincial priorities.
In a response to iGaming Ontario, HLT Advisory Inc. (HLT) has conducted a report which analyzes the potential impact of the province’s proposed iGaming regulations on land-based casinos.
HLT projects that current regulations will cost Ontario 2,500 paying union jobs, as well as millions in contributions to municipalities and billions to provincial revenues.
For Milton, it projects iGaming in its current form, will cost the region $11.3 million in municipal payments over 5 years.
Executive Vice President and Stakeholder Relations of Great Canadian Gaming, Chuck Keeling says Great Canadian Gaming supports iGaming, but has concerns on how its being proposed in the province of Ontario.
Keeling speaks on the impact iGaming will have on the Town of Milton, and how 30% of jobs at the local Elements Casino Mohawk could be lost.
Keeling and Great Canadian Gaming are looking for the Provincial Government to consider a level playing field between online operators and land based operators, and also to consider the potential impacts the current iGaming model would have on Ontario communities.
National President of Unifor, Jerry Dias, says iGaming will become a substantial risk to communities across Ontario, including Milton.
Dias opposes the online platform and says iGaming will have a negative impact on the loss of money and jobs across the province.
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