The Ontario government has said that it would like to see the casinos go back into operation in the second phase of the proposed casino review process. According to this official statement released by the province’s Ministry of Gaming, there are a number of conditions that must be met in order for the casinos to return into operation in phase three. These conditions include approval from the province’s Ministerial Panel on Casino Control, which includes officials from the Ministry of Finance, the Ministry of Gaming, the provincial Gaming Authority, and the Office of the Superintendent of Financial Institutions.
Will the casinos be allowed to operate with their current licenses? According to this official statement from the Ministry of Gaming, the province plans to review the current status of the five Ontario casinos, to see if all five have met all of the applicable requirements. If any of these five casinos have not met the requirements, then the province plans to have them closed and will not allow them to operate at all. However, according to this statement from the Ministry of Gaming, if the OMB approves a license for the operations of one of these five casinos, it is likely that the OMB will approve licenses for the other five casinos. This means that all five will be able to operate at the same time.
Will the licensing regulations be expanded so that any of the casinos can be allowed to operate without the need for a license? According to this official statement from the Ministry of Gaming, the ministry plans to review the existing licensing requirements of the five casinos to see if these requirements are still adequate. If not, then the ministry will propose that the OMB expand the licensing regulations to allow any of the five casinos to operate at all.
Is there anything about the costs of operating the five Ontario casinos that the province plans to look at? According to this official statement from the Ministry of Gaming, if any of the five casinos have not met their licensing requirements and if they have not been approved to operate, the ministry will not hesitate to require them to either reduce the operational costs or increase the licensing fees to meet these requirements. According to this statement from the Ministry of Gaming, if the OMB approves the licenses for the operation of one of the five casinos, the ministry will also likely approve the operation of another casino at an existing site. However, if the OMB declines the license for a particular casino, then this will be the case until the OMB takes the decision.
When will the province to determine if all of the conditions outlined above are necessary for the continued operation of all of the five casinos? According to this official statement from the Ministry of Gaming, the ministry plans to evaluate the current status of the five casinos to see if any of the five have met all of the criteria described above and will determine whether they have met all the requirements needed to operate in the future.