OLG Chief Gaming Officer: We’re All Benefitting From Private Operator Online Gambling

Posted on: June 4,livescore belanda 2025, 03:24h. 

Last updated on: June 4, 2025, 03:26h. Mark Keast Read More Expertise: Canadian Gaming, iGaming, Las Vegas, Sports Betting, NFL, Boxing, UFC.

• OLG releases Fiscal 2025-28 business plan
• Revenue growth projected for land-based and gambling sectors through 2028

Those arguing that an igaming market populated by private sector operators would be a boon for the lottery crown corporations operating digital casino and sports betting platforms got a boost with the release of the Ontario Lottery and Gaming Corporation’s (OLG’s) fiscal 2025-28 business plan.

Over $1 Billion in Revenue by 2027-28?

The old aphorism “a rising tide lifts all boats”, the idea general economic improvements benefit all participants in the economy, certainly fits in this case.

The highlights: The OLG report says land-based gambling will grow 7% to a budgeted $4.65 billion in fiscal year 2024-25 (OLG’s latest fiscal year runs April 1, 2024 to March 31, 2025). 

Burgeoning Online Gambling Sector

The OLG is also saying revenue there will go up to $5.01 billion in FY 2025-26, $5.26 billion in FY 2026-27 and $5.45 billion in FY 2027-28.

The online gaming division is projected to do even better. The revenue figure budgeted for FY 2025-25 is CAD $819 million, projected to go to CAD $895 million in FY 2025-26, CAD $971 million for FY 2026-27, and CAD $1.049 billion in FY 2027-28 (from CAD $745 million in FY 2023-24).

Grey Market Operators Forced Out

“I think it’s wonderful news that OLG year after year keeps breaking records” said Troy Ross, President, TRM Public Affairs. “What I find interesting is we now have three years of data that suggests that a regulatory regime alongside the lottery, channels almost 90% of the play … three years of data to prove the claims of market cannibalization or that it’s going to destroy land-based gaming are simply not true. The evidence doesn’t bear it out. The evidence is this model is working well.”

OLG has around 20-22% of market capture in Ontario, Ross said, which aligns with estimated market capture for most of the other lotteries in the country.

The evidence in Ontario seems to suggest that a great many grey market operators left the market after the regulatory regime launched in April 2022, and grey market operators were then given a deadline of Oct. 31, 2022, to apply for a license or pack up and leave, Ross added.

49 Licensed Operators

“A great many didn’t want to be offside with our regulator (Alcohol and Gaming Commission of Ontario),” he said. Those players are now being serviced by OLG or the 49 licensed operators in the province.

As OLG Chief Gaming Officer Dave Pridmore told us previously, the competitive market has been good for OLG, challenging the crown corporation to think different and push boundaries. 

“We feel the continued success of OLG.ca is based on that fact that we take a customer centric view on our digital operations to continually improve our overall experience,” said Pridmore.

Net Profit to Province

“OLG continues to release new products and experiences to improve OLG.ca.  In addition to a steady flow of new games and offerings for customers, we are also being innovative. For example, OLG is supporting accessibility in the iGaming industry with the launch of Red Panda Tails of Wealth– the first digital slot game designed with built-in accessible features to support players with disabilities.

Also, legalizing the online gaming market in Ontario has had the benefit of ensuring consistent regulatory standards for all operators,” he said. “A prime example is that all digital operators in Ontario will all soon offer a centralized self-exclusion program, adding another layer of protection for players from experiencing harm from gambling by supporting their decision to take a break from regulated iGaming websites.”

Net profits from OLG go back to the province, benefitting community charities, municipalities and First Nations. Net profit to the province is projected to be over CAD $2.6 billion in fiscal year 2024-25, and is expected to grow to CAD $3.2 billion through 2027-28.

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