The Alcohol and Gaming Commission of Ontario (AGCO) has established a deadline of October 31 for online gaming operators and suppliers to achieve regulatory compliance. The window of opportunity for unregulated operators is rapidly closing.
The regulated iGaming market forOntario online casinos The AGCO started this initiative on April 4. However, in comparison to other regions, they introduced a flexible period allowing unregulated operators to transition smoothly, ensuring no disruption for their customers in Ontario.
Since September 2021, the AGCO has been processing registration applications. For individuals wishing to operate legally, the first step is to obtain a registration from AGCO and then finalize an operating agreement with iGaming Ontario.Ontario casino apps Back in September 2021, operators and suppliers were notified that failing to submit their applications by the time the market opened might jeopardize the approval of their applications if they continued operating within Ontario's unregulated market, as stated by the AGCO.
Standard 1.22 will come into effect on Halloween, which could lead to potential blackout periods for customers awaiting registration.
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Registered operators must be aware of and adhere to all relevant regulatory requirements, including this standard from its effective date (October 31, 2022).
This from the AGCO announcement:
- As with any instance of regulatory violation, the AGCO will impose suitable actions against any registrant not complying with this Standard once it becomes effective.
- For registered operators yet to make the shift from the unregulated to the regulated market once the Standard is activated, they will need to cease unregulated operations in Ontario until they join the regulated market.
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