New Intelligence on iGaming in Ontario
Dan Walsh has received updated intelligence on Ontario from Terry DeBono. While this isn’t official yet, we want to share the expectations Terry has shared as of now.
The “Final” AGCO iGaming contract elements will be in place within a week, with the “Final Final” being released no later than November 15th, 2021.
A decision on whether Sportsbook, Poker and Progressive slot games liquidity can be shared between Ontario and other jurisdictions will not be made before the end of May 2022. If a positive decision is made by the Ontario Government regarding liquidity, it is not likely to be implemented before January 2023. The expectation is that if/when liquidity is approved, it is most likely to be between Ontario and selected U.S states and the United Kingdom, and it will not initially include any liquidity between Ontario and other Canadian Provinces. We recommend that any operators entering the Ontario iGaming market should use financial projections / modelling that assumes no 2022 liquidity from outside the province.
We now believe that the official launch date for iGaming in Ontario will be after the Super Bowl (between Feb 15 and the Feb 28).