The Alcohol and Gaming Commission of Ontario (AGCO) has concluded the transition period for operators to enter the regulated iGaming market, bringing about significant changes in the industry. As of October 31, any operators without valid licenses will face action from the AGCO. The commission’s efforts to swiftly and smoothly move igaming operators and suppliers into Ontario’s regulated market have been recognized with the prestigious International Association of Gaming Regulators (IAGR) Regulatory Excellence Award.
The End of Transition Period and AGCO’s Enforcement Measures:
The transition period, which commenced on April 4, allowed operators to apply for licenses to operate in the regulated iGaming market in Ontario. With the transition now concluded, the AGCO is poised to take action against any operators who have failed to obtain licenses, thereby emphasizing its commitment to ensuring a fair and competitive marketplace.
Introduction of Standards 1.22 and 4.09:
The introduction of Standard 1.22 signifies the end of the transition period for unregulated igaming, underlining the urgency for operators to comply with licensing requirements. Additionally, Standard 4.09 imposes an essential obligation on operators to act with integrity, ensuring that all slot titles and table games are delivered fairly and consistently. This move aims to uphold the highest standards of gaming practices and maintain the trust of players in the regulated market.
Ensuring Responsible Access with Standard 4.35:
Another critical standard, 4.35, enforces access restrictions for live dealer gaming supplies. Access to these services will now be limited to individuals with a legitimate business need. The AGCO has outlined clear guidelines for granting, modifying, and revoking access privileges based on employment status and job requirements, with all activities meticulously logged and independently reviewed at regular intervals. This measure promotes responsible gaming practices and safeguards the integrity of the iGaming sector.
AGCO’s Recognition and Award-Winning Regulatory Framework:
The AGCO’s dedication to developing and implementing Ontario’s new iGaming market regulatory framework has earned it the prestigious IAGR Regulatory Excellence Award. During the annual international regulatory awards gala in Melbourne, Australia, the Canadian commission was lauded for its pioneering work, which not only fulfills its legal obligations but also fosters a competitive market environment.
As the Alcohol and Gaming Commission of Ontario takes a firm stance against unlicensed operators, the completion of the transition period marks a significant milestone for the regulated iGaming market. The introduction of crucial standards such as 1.22, 4.09, and 4.35 further solidifies the commission’s commitment to a fair and responsible gaming environment. AGCO’s well-deserved recognition with the IAGR Regulatory Excellence Award reflects its groundbreaking efforts in shaping Ontario’s iGaming landscape. Moving forward, the industry can expect continued vigilance from the AGCO in upholding high standards and ensuring a competitive, safe, and enjoyable gaming experience for all stakeholders.