The Quebec Online Gaming Coalition is aiming to replicate the regulatory framework established in Ontario.
Updated: 2023-06-13
Recently, a coalition made up of eight significant gaming companies has come together to push for a safer and more responsible online gaming environment. Their goal is to create an improved regulatory structure for the online gaming sector, drawing inspiration from Ontario's proven system. Quebec Online Gaming Coalition (QOGC). The The Quebec Online Gaming Coalition (QOGC) intends to address various issues including consumer protection, responsible gaming practices, advertising ethics, and significantly boosting government income by implementing a new licensing framework for qualified private operators. Founding members of this coalition include notable companies such as Apricot Investments, Betway, Bet99, DraftKings, Entain, Flutter, Games Global, and RushStreet.
Coalition Objectives
This initiative follows a survey conducted by Leger Marketing, which revealed that a substantial 66% of participants support the establishment of a licensing and taxation system for privately-operated online gaming services. Furthermore, 75% of those surveyed expressed that the tax income generated from a regulated framework for private online casinos should be allocated to fund social responsibility initiatives. The The Quebec Online Gaming Coalition is looking towards Ontario for guidance, as that province has experienced remarkable success since implementing a regulated gaming market in 2022, a project developed collaboratively by iGaming Ontario (iGO) and various industry stakeholders. Under Ontario's regulatory structure, private online gaming operators must secure a license before they can commence operations in the province. An Ipsos survey highlighted that Ontario has become one of the top five gaming markets in North America.
Recognizing Ontario's leadership in Canada's online gaming sector, Quebec is eager to follow this trend. The QOGC is advocating for the establishment of an independent regulatory authority in Quebec, aspiring to mirror Ontario's market success. the Members of the Coalition are also dedicated to contributing to the Fonds de recherche du Québec – Société et Culture, which aims to explore gaming behaviors and develop strategies that ensure a safe and responsible gaming experience for residents of Quebec. The Coalition believes that introducing regulations would enable Quebec to generate additional revenue beyond what the current system provides, with these new funds earmarked for beneficial purposes. In conclusion, the efforts by the Quebec Online Gaming Coalition to establish a new regulatory framework reflect a transition towards a more monitored and responsible gaming atmosphere. addiction prevention.
Inspired by Ontario's Success
By following Ontario's example, this could lead to a more secure gaming environment as well as a promising revenue stream for the provincial government. With over five years of experience in the gambling industry, he is well-acquainted with the latest developments in online gaming and is committed to producing engaging and informative content for gamers. April Ron aims to assist individuals in making the best choices when selecting a trustworthy casino. Alcohol and Gaming Commission of Ontario (AGCO).
We strive to maintain the highest quality in our content. By proceeding, you agree to our terms. The grand opening of the largest casino in Canada took place in Toronto. regulated sites in Ontario has seen a significant increase since the start of 2022. Ontario has now become Examining the impact of cyberattacks on Gateway Casinos.
Quebec's New Direction
EzBtc has been accused of misappropriating clients' funds intended for online casinos. following The Quebec Online Gaming Coalition aims to adopt a regulatory framework similar to the one established in Ontario. The Quebec Online Gaming Coalition aims to adopt a regulatory framework similar to the one established in Ontario. to Recently, a significant initiative has emerged in the realm of online gaming, with eight prominent gaming companies collaborating to form a new organization. Their goal is to create a robust regulatory structure for the online gaming sector that mirrors the successful implementation seen in Ontario.
The Coalition intends to address critical issues such as consumer protection, promoting responsible gaming practices, overseeing advertising, and notably increasing government revenue through an innovative licensing scheme for qualifying private operators. government to Key members of the Coalition include notable names like Apricot Investments, Betway, Bet99, DraftKings, Entain, Flutter, Games Global, and RushStreet. reinvested in key sectors of the Québec economy.
Conclusion
This movement follows a survey conducted by Leger Marketing, which found that 66% of participants support the idea of regulating private online gaming operators by establishing a licensing and taxation framework. regulatory Additionally, 75% of those surveyed agreed that tax revenues generated from a regulated system for private online gaming platforms should be allocated to social responsibility initiatives. The inspiration for the Quebec Online Gaming Coalition comes from Ontario, a neighboring province that has achieved remarkable success since it established a regulated market in 2022, with the help of iGaming Ontario (iGO). Under this regulatory approach, private online gaming operators must secure a license before they can conduct business in Ontario. An Ipsos survey highlighted that a rising number of individuals are engaging in gambling activities across one of North America's leading jurisdictions.