Previously, the sole authorized provider of iGaming in Ontario had been the government-owned Ontario Lottery and Gaming Corp. Ontario’s new iGaming market went live in April and now includes more than 20 legal sportsbooks, in addition to casino and poker websites. To tackle this issue, Ontario decided to open a regulated market for iGaming that would invite private-sector operators of online sportsbooks and casinos to subject themselves to provincial oversight. The provincial government had said Ontarians were spending almost $1 billion a year on online gambling and that an estimated 70% was happening on “unregulated, grey market” websites. This is partly because Ontario has long had operators that may be regulated and licensed outside the province taking bets from residents without provincial approval. Setting an expiry date for the transition period out of that market could cause some online sportsbooks to shutter their digital doors in Canada's most populous province.
#Transition media converter update
However, the main thrust of the AGCO's update has to do with the province's "grey" market for online gambling. The AGCO says it has noticed the “growing popularity” of live-dealer games and determined it needs to tweak its rules to address any risks that may arise due to the use of physical gaming equipment and actual humans.
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“This requirement extends to applicants for registration in Ontario’s igaming scheme.”Īlso coming into force on October 31 will be a new iGaming standard regarding “live dealer” casino games, which have real people dealing out the cards or spinning the roulette wheel. “This new standard establishes that operators and gaming-related suppliers that are currently active in the unregulated market in Ontario (or have agreements and arrangements with those in the unregulated market in Ontario) must end their activities in the unregulated market to avoid jeopardizing their eligibility for registration,” the AGCO warned. By Halloween, online sportsbooks that are taking bets in Ontario without meeting all the necessary criteria must stop doing so - or the operator of that site or app may find itself in the bad books of provincial regulators. In short, the “transition period” offered to unregulated operators is coming to an end. On Tuesday, the Alcohol and Gaming Commission of Ontario (AGCO) announced a new standard for internet gambling that will come into effect on October 31 and takes aim at unauthorized operators in the province.
Once the four wind farms are installed, Enercon will reach an installed capacity of more than 3.5GW in Turkey.The regulator of online sports betting in Ontario has had enough of the “grey” market. With this investment of $1.2bn, we will get closer to our ultimate wind power target of 1.5GW.”Įnercon said it is producing and sourcing all major components for the E-138 EP3 – except for the nacelles – from its established supply network in Turkey to meet the local content requirements of the Yeka RES tenders. The massive order came at a critical time as Enercon is in financial trouble in the wake of the Covid-19 pandemic, and earlier this year asked €500m ($485m) in state aid from Germany’s economic stabilisation fund (WSF).Įnerjisa Üretim CEO İhsan Erbil Bayçöl added: “As Enerjisa Üretim, we are in a pioneering position in the industry in terms of investments and generation… 56 % of our current generation is obtained from domestic and renewable energy sources. Enercon advances massive Turkish wind projects as part of recovery planĮnercon chief executive Jürgen Zeschky said: “Our companies share the same commitment to renewable energies and the energy transition.”
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