Ontarians currently spend an estimated $400 million annually gaming with offshore grey market internet gaming providers. These mostly-offshore websites are not regulated in Ontario and the money spent on these sites leaves the Province.
OLG estimates that regulated internet gaming could increase the net profit to the province by $375-million over its first five years in operation, money that will support provincial priorities such as health care, community infrastructure and education.
The contract with BOSS MEDIA AB, a part of SPIELO G2, is for a five-year term and includes options to renew. Other Provinces in Canada that allow lawful regulated internet gaming include British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, PEI and Quebec.