On-line Gambling Canada

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The OMA recommends that the province incorporates a hurt reduction strategy in the implementation of online gambling in Ontario. The Ministry of Finance is within the midst of finalizing the industrial phrases of this new market, including the tax rate online operators must pay. Industry lobbyists have proposed charges in the vary of 15 to twenty per cent .

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And little did anyone know on the time, but it would set in movement a collection of occasions that led to the OLG dropping power over the web market. Following a directive from the province to drum up new income from playing, the OLG, underneath then-board chair Paul Godfrey and CEO Rod Phillips (now the provincial minister of long-term care), unveiled a “modernization” plan in 2012. To get a picture of why the OLG was passed over to handle igaming, the Star spoke with more than a dozen sources close to the gambling sector, the government and the OLG. Most spoke on the condition of anonymity, involved about future job prospects and relationships with regulators and authorities. “The OLG actually has a diminished function in this new regime — you now not need to go to them,” stated Cameron MacDonald, a partner and co-chair of the sports and gaming legislation group at national legislation agency BLG.

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