Interview with Paul Burns, CEO of the Canadian Gaming Association

Introduction

• Interview by Tim Pool, editor of Gambling Insider
• Discussion with Paul Burns, CEO of the Canadian Gaming Association

Key Topics Discussed

Opening of Ontario's Regulated iGaming Market

• Ontario opened its regulated iGaming market last Monday
  • 12 operators, 17 sites on day one
• Unique as an open license model in North America
• Operators are pleased with the market's start

Regulation Clarifications

• iGaming in Ontario vs. single-event sports betting nationwide
  • Single-event sports betting was enabled nationwide by amending the criminal code
• Importance of sports betting to avoid a market gap

Market Size and Speculation

• Speculation on market size (Ontario)
  • Previously, half a billion or more GGR leaving Ontario
  • Estimates suggest $1 to $1.5 billion GGR in year one for regulated iGaming
  • Potential for higher GGR depending on market entries

Benefits of Regulation

• Keeping tax dollars and revenue within the country
• Importance of regulated market for a level playing field

Developments in Other Provinces

• Other provinces watching Ontario's performance
• Need for dialogue and consultation with industry on best practices
• No one-size-fits-all model for all provinces
• Importance of creating a regulatory model to handle the gray market

Personal Note

• Return to physical events like ICE after two years
• Importance of in-person meetings and networking

Conclusion

• Gratitude expressed for the interview
• Well-wishes for Ontario's and Canada's gaming future