Saskatchewan eyeing 2022 online gambling launch
Last Updated on by James King
Following the news that the government of the Canadian state of Saskatchewan had signed an online casino and sports betting agreement with the Federation of Sovereign Indian Nations, it appears that online gambling in the country is continuing its gradual upwards trajectory.
Now, Saskatchewan is aiming to launch its first product by early 2022, in a venture that will be controlled and run by the Saskatchewan Indian Gaming Authority; a deal that represents an amendment to the Gaming Framework Agreement, with this creating a framework for a new site.
FSIN chief, Bobby Cameron appeared cautiously optimistic about the deal stating: “The FSIN chiefs-in-assembly gave the mandate to secure this, and we are excited to finally have achieved it. Many hours, days, weeks, months, and years have gone into making this a reality. It makes it all worthwhile.
“This will bring in new revenue opportunities that will benefit our 74 First Nations communities. Even during the challenging COVID, pandemic, we are continuing to work hard to bring positive outcomes for our First Nations.”
Opportunity for harmonious partnerships
It is a deal that includes a revenue share agreement of the site between FSIN and the local government, whereby this will be split 50/50 between the two parties.
Meanwhile, SIGA chairman, Reginald Bellerose reflected on what this would mean for SIGA: “This is an important day for SIGA, as we continue to evolve with a changing gaming industry, and in our delivery of entertainment options for our customers.
“The additional revenue opportunities from online gaming and sports betting will only increase SIGA’s ability as a non-profit to positively impact employment, economic growth, positive community relations and financial self-reliance of First Nations in the province.”
In addition, the minister responsible for Saskatchewan Liquor and Gaming Authority, Jim Reiter, followed: “The province and FSIN have had a long and successful history as partners in casino gaming.
He continued: “Over the years, SIGA has earned their reputation as a top-quality gaming organisation and we’re excited to move forward with them on this new venture.”
Should this prove to be popular, it could well see the development of additional sites under the same partnership agreement, in what may become a flourishing relationship. The online gambling industry as a whole in Canada has grown particularly over the last few months, however, most residents in certain provinces can only access operator sites that are based offshore, with the Malta Gaming Authority (MGA), especially being the main regulator. It could not be any more different for Saskatchewan who will have their own unique product.