Who Actually Owns Ontarios Casinos? The Shocking Truth Revealed
Casinos in Ontario are owned by the provincial government through the Ontario Lottery and Gaming Corporation (OLG), a Crown corporation that controls all gambling operations in the province. The OLG decides where to place every casino and slot machine site across Ontario, and it selects the private service providers who run them under contract. This means while private companies manage the day-to-day operations, the government remains the ultimate owner and keeps all regulatory power through the Alcohol and Gaming Commission of Ontario.
Great Canadian Entertainment (GCE) operates 14 casinos across Ontario, including popular locations like Shorelines Casino Thousand Islands and the three casinos in the Greater Toronto Area that generate about $1 billion in annual revenue. GCE holds a 49% ownership stake in the GTA casino partnership, while Brookfield Business Partners LP owns the other 49%, and they have exclusive rights to operate these casinos for at least 22 years under their contract with the OLG.
Mohegan, a U.S.-based company owned by the Mohegan Tribe, operates two major Niagara casinos: Fallsview Casino Resort, which is the largest gaming resort facility in Canada, and Casino Niagara, built right next to the famous Horseshoe Falls. These two properties operate under the Niagara Gaming Bundle agreement with the OLG, bringing millions of visitors to the Niagara region each year and creating thousands of jobs for local residents.
Some unique casinos in Ontario are actually owned by First Nations communities, such as the newly developed Toronto-area casino that has sparked discussion with local Indigenous groups. Even though a First Nation owns this property, it’s operated by Great Canadian Entertainment and the OLG, showing how Ontario uses partnerships that respect Indigenous ownership while maintaining provincial oversight of all gambling activities.
The OLG recently changed how it owns casinos by selling nearly half of its casino operations to private companies over the past two years, moving from a fully government-run model to this partnership approach. This hybrid system lets Ontario keep earning huge gambling revenue while using private companies’ expertise for better customer service, and it means visitors get world-class facilities while the government still controls where gambling happens and who can operate it.
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