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by Ralph Trayfalgar Updated:
The Global Lottery Monitoring System (GLMS), an international state lottery association, has been cleared to begin their operations in Ontario after acquiring a license from the Alcohol and Gaming Commission of Ontario.
Following this, the GLMS will begin helping the Ontario Lottery and Gaming Corporation, its local partner in the province, in improving the integrity of its lotteries. The primary objective of the organization is to increase awareness of corruption in sports and to assist stakeholders in responding to suspicious conduct.
The Global Lottery Monitoring System (GLMS) has chosen a multi-pronged approach in which it intends to include existing cross-border authorities who are looking to crack down on sports betting fraud that damages the integrity and experience for spectators.
GLMS president Ludovico Calvi expressed gratitude for the opportunity to be a part of the Ontario gambling market, which officially opened to private enterprises on April 4.
Calvi emphasized that his organization has always been a passionate backer of regulated and fair sports tournaments, as well as a proponent of clean betting practices around the world. The president agreed that the expansion of the black market has been a problem, but he also presented a plan of action that includes a collaborative effort by players in the sector to help address gambling fraud once and for all.
In order to do this, the GLMS and the AGCO collaborated to develop criteria that would not only allow the regulator to ensure the fairness of sports in Ontario, but would also serve as the foundation for future launches in other jurisdictions.
Partnering with the GLMS is the latest step in strengthening the private sector in Ontario’s gambling market, which was formerly dominated by the state lottery until relatively recently. Some of the most well-known names in sports betting, such as DraftKings, theScore, FanDuel, and BetMGM have joined the fray after the regulated market opened.