Casino company urges Ontario give them exclusive rights to igaming
Great Canadian Gaming wants to give casinos exclusive rights to take bets online for at least two years. The company commissioned a report that it shared with the government. It predicts 2,600 lost casino jobs and $2.8 billion less in tax revenue over five years if Ontario opens up the market for online gambling and sports betting. Other igaming companies disagree with that and say the industry is already overburdened by foreign-owned grey market gaming companies. The Ontario Lottery and Gaming Corp. is currently the province’s only option for legal online and sport betting and it was expected to launch in the first quarter of this year.
Casino company urges Ontario to give them exclusive rights to igaming. To contribute to Conversations, you need to be a registered Torstar account holder.