Ontario’s iGaming Regulator Appoints Dr. Karin Schnarr as New CEO
With current CEO Tom Mungham set to retire this autumn, AGCO appoints Dr. Schnarr as the new CEO and Registrar, set to take her new office on September 18.
With current CEO Tom Mungham set to retire this autumn, AGCO appoints Dr. Schnarr as the new CEO and Registrar, set to take her new office on September 18.
iGaming Ontario surprises with detailed stats on online poker’s share in revenue for Q1 2023 and full-year 2022. Online poker currently accounts for about 3% of both in the province.
Deloitte projects jobs in the iGaming sector will nearly double by the time Ontario’s market enters its tenth year. The firm adds they will be good-paying jobs that benefit the economy in other ways.
The Finance Ministry will meet with the Québec Online Gaming Coalition (QOGC) to discuss reforms to the province’s current setup.
The launch comes exactly one week after the Toronto-based company reported record revenue and handle in Q1 2023.
The Alcohol and Gaming Commission of Ontario (AGCO) is proposing a ban on athletes and celebrities in advertising and marketing for online casinos and sportsbooks, citing risks to children and youth.
Ontario’s iGaming market boasts impressive growth, with over 1.6 million active player accounts and capturing about CAD $35.6 billion in wagers in its first year.
GeoComply’s report shows over 3.3 million attempts to gain illegal access to Ontario’s regulated online gaming sites during the market’s first year of operation.
A survey commissioned by the Alcohol and Gaming Commission of Ontario (AGCO) and conducted by Ipsos Group also found 19.5% of those surveyed used a mix of legal and illegal sites.
A new survey commissioned by online casino operator Spin Genie found 51% of bettors don’t wager online. Meanwhile, 38% play for real money and 11% surveyed only play for free.