Definitions

Entity: Includes any corporation, partnership, limited partnership, sole proprietorship, trust, joint venture or other form of business association.

Affiliate: An organization that directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with another organization.

Subsidiary: A corporation controlled by another corporation.

Shareholder: An individual or entity that holds ownership through shares in a corporation.

• Note: For the purposes of this application, the Registrar requires disclosure from the holders of 5% or more of any shares of an applicant corporation.

Principal Employee:

• An individual who negotiates or sets prices on behalf of the applicant with an operator of an Ontario gaming site;
• An individual who has signing authority related to the applicant’s business dealings with an Ontario gaming site; or,
• An individual who has or will have ultimate decision-making authority over the applicant’s day-to-day business dealings with an operator of an Ontario gaming site.