03
Editor ’ s Letter
Newish beginnings
Questions ? Comments ?
daniel . o ’ boyle @ clariongaming . com
When the Ontario market opened in April this year , it wasn ’ t quite brand-new ground . Anyone in the industry could tell you that the grey market in Canada ’ s largest province had been thriving for quite some time . Still , bringing the province from grey to white offers certainty and new opportunities for many .
Six months on , we have a sense of the spoils available . Operators – excluding the lottery – brought in a combined CA $ 267m in the three months ended 30 September .
The biggest challenge in the province , however , may be marketing rules . Operators can offer bonuses , but may not promote them . As Marese O ’ Hagan writes in our progress report , that ’ s been difficult , but it hasn ’ t seriously dampened excitement about the jurisdiction .
And for now , those complying with the rules still need to compete with some unlicensed brands , which continue to do business in Ontario . How will that change going forward , as the province moves out of its transition period ? We have a piece from Segev LLP ’ s Rebecca Dales and Ron Segev examining that exact question .
Finally , Ontario represents the first Canadian province or territory to open up a licensing system for igaming . Could others follow suit ? So far , there ’ s been little progress in that area , but if Ontario proves to be a success , that could change .
Daniel O ’ Boyle Deputy editor , B2B
Ontario Report
Published October 2022 . © iGaming Business Ltd 2022 . All rights reserved . No part of this publication may be reproduced , stored in a retrieval system , or transmitted in any form or by any means , electronic , mechanical , photocopying , recording or otherwise without the permission of the publisher . The information contained in this publication is believed to be correct at the time of going to press . While care has been taken to ensure that the information is accurate , the publishers can accept no responsibility for any errors or omissions or for changes to the details given . Readers are cautioned that forward-looking statements , including forecasts , are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified . Consequently , the actual performance of companies mentioned in this report and the industry as a whole may differ materially from those expressed or implied by such forward-looking statements .
@ igamingbusiness
Editor : Daniel O ’ Boyle Design : Ogo Ikeogu Writers : Daniel O ’ Boyle , Geoffrey Smorong , Marese O ’ Hagan , Ohad Narkis , Rebecca Dales , Ron Segev , Tanzu Yilmaz Production : Guy Parsons Published by iGaming Business , part of Clarion Events . Registered office : Bedford House , 69-79 Fulham High St , London SW6 3JW . Tel : + 44 ( 0 ) 207 384 7763 Registered number : 3934419
October 2022