The Ontario Lottery and Gaming Corporation has announced its plans to enter the world of online gaming in 2012.
In making the announcement yesterday, OLG indicated that it would conduct an 18-month consultation process in advance of its online gaming launch. The purpose of the consultation, the organization said, was to evaluate best practices with respect to regulation and implementation, player safety–including a responsible gaming program–transaction security and data privacy.
The OLG will have many templates on which to base their studies. Online gaming is currently offered by the British Columbia Lottery Corporation and the Atlantic Lottery Corporation, and is also available in countries such as the United Kingdom, the Netherlands and France. Plans to launch online gaming in Quebec are also underway.
In its announcement, the OLG noted that many Ontarians already engage in online gaming, largely via unregulated and unlicensed providers outside the country. The OLG estimates that citizens of the province spend approximately $400 million per year through such providers.