N@N

Canadian Lotteries Push Back on Ontario's Plan for DFS, Poker with Global Liquidity

The article from Covers.com discusses the ongoing legal proceedings in Ontario regarding the regulation of daily fantasy sports (DFS) and online poker. On the second day of hearings in November 2024, the court heard arguments concerning the classification of DFS and poker under the province's gaming laws. The contention revolves around whether these activities should be treated as games of skill or chance, which would impact their regulation under the new iGaming framework. The Alcohol and Gaming Commission of Ontario (AGCO) and the Ontario Lottery and Gaming Corporation (OLG) are key players, with the former advocating for stricter regulations akin to those for sports betting and casino games, while DFS and poker operators argue for exemptions or different regulatory treatments due to the skill element involved. The outcome of this case could set a precedent for how these games are managed not just in Ontario but potentially across Canada, influencing market access, taxation, and consumer protection measures.

Read the Full Covers Article at [ https://www.covers.com/industry/ontario-dfs-poker-court-reference-sports-betting-igaming-day-two-november-2024 ]