The local government in Ontario has green signaled the regulation of online gambling in its jurisdiction and the Canadian Gaming Association (CGA) has said that they welcome the move by the Ontario government.
CGA noted that the new move by the Ontario government is a step towards making the gambling environment safer and providing consumers access to “safe and legal gambling options.”
Estimates about the gambling spends of the Ontarians suggest that they are spending over $500 million every year with overseas online casino and gambling operators. The CGA has commended the Ontario government’s effort to create a “competitive market for online legal gambling that will reflect consumer choice while protecting the consumer who play on these sites.”
CGA has always been in favor of legalizing and regulating online gambling and casinos in the country. Paul Burns, President & CEO, CGA said, “We have seen significant growth in the amount of wagering with offshore websites, and we welcome the move to create a regulatory system for offshore sites to protect consumers better.”
The CGA has also ensured that they will be working together with the Ontario government and will be a part of the government’s talks with the key players in the industry. The association has said that they are with Ontario in their drive to create a market which regards consumer preferences and safeguards their interests as well.
Thanking Finance minister Vic Fedeli as the Ontario government has consistently sought amendment the Criminal Code to permit single-event wagering, Burns said, “We share the Minister’s view that it’s time to end the gambling prohibition era and allow sports bettors access to the product they want.”