Ontario Regulator Wants Operators to Exit Grey Market “As Quickly As Possible” – Agora Poker

Ontario Regulator Wants Operators to Exit Grey Market “As Quickly As Possible”

Ontario Regulator Wants Operators to Exit Grey Market “As Quickly As Possible”

Ralph Hutter, unsplash It is a priority for the AGCO to bring unregulated activities under regulation in a timely way, and all applicants are expected to conclude all necessary steps with the AGCO and iGO as quickly as possible.Ontario regulators said that a recent report claiming they want all operators to exit the grey market by July 1 is incorrect.

In a statement, the Alcohol and Gaming Commission of Ontario ( AGCO ) said the agency wants operators to take all necessary steps to cease unregulated activities in the province as soon as possible.

Regulators want operators interested in entering the legal, regulated market in Ontario for online poker , casino gaming, or sports betting to be licensed with the AGCO and to execute an operating agreement with iGaming Ontario (iGO) . Any third-party companies that work with operators must also be licensed. AGCO: Applicants Need to Take Steps “As Quickly As Possible”

A key objective of Ontario’s new iGaming market is to bring sites already offering gambling to Ontarians under regulation so that they can be held to high standards of responsible gambling, player protection, & game integrity.“A key objective of Ontario’s new iGaming market is to bring sites that are already offering gambling to Ontarians under regulation so that they can be held to high standards of responsible gambling, player protection, and game integrity,” AGCO spokesman Raymond Kahnert told pokerfuse on Friday.

Kahnert added that the AGCO “has provided clear guidance around requirements for exiting the unregulated market for the purposes of eligibility for registration under Ontario’s Gaming Control Act,” referring to the agency’s Internet Gaming Operator Application Guide . “As part of this transition, it is a priority for the AGCO to bring unregulated activities under regulation in a timely way, and all applicants are expected to conclude all necessary steps with the AGCO and iGO as quickly as possible.”

Ontario has had a grey market for years, with operators such as PokerStars and GGPoker offering online poker to players in the province through offshore operations. The AGCO has said it will allow operators that have started the licensing process […]

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