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Fraser Institute News Release: Provinces can help First Nations generate more revenue by reducing regulation of casinos

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Fraser Institute News Release: Provinces can help First Nations generate more revenue by reducing regulation of casinos

 

– If Canadian policymakers want to help First Nations generate more revenue and improve living standards, they should reduce regulation of the gaming industry, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“Casinos with slot machines and table games are the most lucrative form of legalized gambling in Canada, yet due to provincial regulation, most First Nations see a relatively small percentage of gaming revenue,” said Tom Flanagan, Fraser Institute senior fellow and author of Cartels and Casinos: First Nations’ Gaming in Canada.

When First Nation communities open casinos near large cities and vacation resorts, their Community Well-Being scores (based on income, employment, education and housing data collected by Statistics Canada) rapidly rise.

But unfortunately, provincial gaming policies have kept First Nation casinos in remote areas where they remain relatively small and contribute relatively little to economic development. The study identifies three key reforms to help First Nations generate more revenue from the gaming industry.

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  • Amend the Criminal Code to remove First Nation gaming from provincial oversight, paving the way for national regulation designed to increase gaming’s contribution to First Nation economic development.
  • Abandon the “cartel” approach to the gaming industry and allow entrepreneurs—not government regulators—to make decisions about where to locate, what services to offer and what prices to charge. Then, First Nations could compete in Canada’s gaming market much like Indigenous communities in the United States in the American market.
  • Allow First Nations greater access to lucrative urban and resort markets (creating more urban reserves could help achieve this goal). And allow First Nations to keep a greater share of casino revenue.

“The provinces are unlikely to relinquish control of lucrative First Nations gaming without a fight, but if these communities can generate more revenue from this industry, they have an excellent chance of raising the living standards of their members,” Flanagan said.

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

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ComeOn Group adds sportsbook to its offering in Ontario

 

ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

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*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

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Canada

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

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INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

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Canada

IAGR announces Toronto as host city for 2025 conference

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Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.

The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.

‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.

‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’

AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’

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Stay tuned for registration details early next year.

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