OLG’s strategic business review resulted in three recommendations: To become more customer-focused, to expand regulated private sector delivery of lottery and gaming, and to renew OLG’s role to concentrate on the oversight of the lottery and gaming industry. If these recommendations are carried out as a whole, it will lead to a new OLG – one that is more efficient, valuable, sustainable, and better equipped to serve the people, and the Province of Ontario.
What are the benefits of a new OLG?
- According to OLG’s current projections, Ontario will see at least an additional $4 billion in new private sector capital investment in the province.
- Net Profit to the province will increase by $1.3 billion annually.
- Ontario residents and visitors will have access to more innovative and fun games.
- The capital costs of expanding, improving or simply maintaining gaming facilities will no longer be carried by taxpayers.
- OLG estimates that one new resort casino in the GTA could create over 6,000 permanent gaming industry jobs, and thousands of spin off jobs in construction and infrastructure.
- The private sector will be responsible for day-to-day operations, so OLG can continue its control and oversight work including responsibility for access, integrity, security and responsible gambling.
- The existing lottery distribution network will be expanded to include multi-lane sales at large retailers, accommodating a broader customer base.
- As overall revenues increase, funding to host municipalities, problem gambling programs, and Ontario’s First Nations will also increase.
OLG’s Commitment to Ontario
OLG’s primary role has not changed. As always, the delivery of lottery and gaming that is safe, entertaining, and a key source of revenue, is still OLG’s main focus.
OLG will be expanding its already successful public/private working relationships and, through a fair procurement process, will choose world-class companies to run gaming operations across the province. The result will be new expertise, innovation, economic efficiencies, and an improved customer experience. OLG’s plan for modernizing will create more jobs and more revenue to fund vital services like health care and education.
Protecting the Public Interest
When public interests need to be protected, a government presence is important. Therefore, OLG will have set standards for access, integrity, security and Responsible Gambling.
Along with the Alcohol and Gaming Commission of Ontario (AGCO) and the Ontario Provincial Police, OLG will continue to ensure that all operations are fully compliant with the law—particularly in areas like money laundering, investigations, fraud and collusion.