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But Canada is already a mature market with strong history in the sector. It shows that the province is a busy and active hive for igaming, while there is a strong revolving door between executives who work for BCLC and private suppliers and operators. There is some truth to this; for example, live casino specialist Evolution Gaming has opened a new studio in Vancouver, specifically to cater to BCLC. For the CGA and the province of Ontario, regulation will enable better consumer protection and tax revenues for the region. In fact, there are very few barriers to entry for operators, or barriers to access for consumers. Yet while there is clearly demand among players for igaming products, Ontario remains an outlier, in that none of the other provinces appear to share its appetite for opening up the market to private operators. Regulatory misconceptions Despite Canada being a highly active unregulated igaming market for many years, and the Masse bill allowing provinces to regulate their respective sectors, so far only Ontario is preparing to do so. All the executives interviewed for this article were very upbeat about the future of igaming in the country. While the revenues are tax-free and the legal risks low, as they are now, that situation looks likely to carry on for some time. In other words, it will allow single fixed-odds bets to be offered on sporting events and pave the way for the liberalisation of online sports betting regulations and gaming products. You can have a thriving igaming industry in a province like British Columbia that is not targeting the province or even the whole of the Canadian market. The situation is further fuelled by igaming brands freely advertising their dot. Subscribe To Our Newsletters.{/INSERTKEYS}{/PARAGRAPH} {PARAGRAPH}{INSERTKEYS}Its passage would enable Ontario to capture a large part of the offshore market as it moves ahead with plans to regulate online gaming. Against this unregulated backdrop, for politicians and groups such as the Canadian Gaming Association CGA , a long-term advocate for gambling regulation, the main issue is and has always been always consumer and player safety. However gaming lawyer Ron Segev, a founding partner of Vancouver-based Segev LLP, says this reticence should not cast the provinces is a bad light. While British Columbia, Quebec and other provinces show little inclination towards opening their igaming markets, many existing or new unlicensed operators will continue to target the country in this way. These trends are going to continue, whether, or rather whenever, Ontario regulates its igaming sector. This is borne out by the numbers. If OLG and Ontario are successful in generating market share and revenues in a truly competitive environment, it might act as a positive test case and eventually push British Columbia and Quebec to follow suit. The bill, sponsored by Brian Masse, representative for Windsor West Ontario, was his third attempt to decriminalise single sports wagering across Canada. It also means the province is missing out on potentially substantial tax revenues. Skip to main content. Segev, however, makes the point that an operator such as BCLC is far from the narrow-minded, protectionist state or province-licensed company often criticised by industry insiders. British Columbia sports fans wanting to bet on more than the two or three-game parlay that is authorised by the province have little difficulty finding unlicensed, reputable sportsbooks that will take their custom. The promised land The truth, of course, is that Canada has long been a major unregulated or grey market for the igaming sector see Chart 1 below. In the meantime, the many offshore operators already active in the country will just continue working there and enjoy tax free revenues with minimal legal worries. Progressive approach Regulation is often seen as an ideal scenario for igaming operators wanting to enter markets with the full array of marketing tools and legal security. Lotteries, in turn, find themselves cast in the role as blocking this progress due to fears over cannibalisation. Ontario will also have to be highly proactive when it comes to enforcement, geo- and payment-blocking of unlicensed sites. Google Tag Manager. It should be placed in the context of the New Democratic Party gaining power in The political capital and energy the party expended in setting up new gaming oversight committees that will become active in means the province currently does not have the bandwidth to look at regulating igaming. It also limits choice for consumers. It has been very successful and returned considerable revenues to the government.