About the AGCO
Introduction
The Alcohol and Gaming Commission of Ontario (AGCO) is an Ontario provincial regulatory agency reporting to the Ministry of the Attorney General (MAG). It is a corporation under the Alcohol and Gaming Commission of Ontario Act, 2019.
The AGCO is responsible for regulating the alcohol, gaming, horse racing and cannabis retail sectors in accordance with the principles of honesty and integrity, and in the public interest. In so doing, the AGCO administers the Liquor Licence and Control Act, 2019, the Gaming Control Act, 1992, the Horse Racing Licence Act, 2015 and the Cannabis Licence Act, 2018. The AGCO also administers the charity lottery licensing Order-in-Council 208/2024.
AGCO Subsidiary
iGaming Ontario (iGO) was established as a subsidiary corporation of the AGCO in 2021. iGO is responsible for conducting and managing igaming through private operators in Ontario. The AGCO’s role as a regulator is kept separate from iGO’s commercial role. The AGCO continues to be responsible for regulatory oversight of all gaming activities in Ontario, including private igaming operators, suppliers and iGO. Companies who successfully enter the Ontario market are required to meet rigorous standards of game and operator integrity, fairness, player protections, and social responsibility.
The AGCO’s Annual Report must contain the Annual Report of its subsidiary. As such, the iGO Annual Report is appended.
Board of Directors
The AGCO Board of Directors (the Board) is responsible for the overall governance of the AGCO and meets regularly. In exercising its governance functions, the Board sets goals and strategic directions for the Commission to fulfill its mandate; this includes working with the Chief Executive Officer and senior management on regulatory and governance activities.
As part of its governance structure, the Board has two standing committees. These committees are the Finance, Audit and Risk Management Committee and the Strategic Oversight and Governance Committee. The committees are accountable to the Board and provide regular updates at board meetings, highlighting key decision points, areas of substantive discussion and recommendations to the Board.
- Finance, Audit and Risk Management Committee is responsible for providing oversight on matters related to financial performance. This committee also provides oversight on cybersecurity, internal audit activities, risk management and emergency management, including internal control systems and annual risk management and audit plans.
- Strategic Oversight and Governance Committee is responsible for ensuring the agency has an effective governance framework and is carrying out its responsibilities and fulfilling its legislative mandate. This committee is responsible for monitoring and assessing the agency’s performance against key strategies and objectives and providing strategic oversight with respect to the AGCO’s corporate social responsibility program and human resources strategy.
The list below reflects the members of the Board who served during the fiscal year ending March 31, 2024, including their original appointment dates.
Total per diems of all appointees for 2023–24: $123,309.90
Fiscal Year 2023-24 Remuneration: Board of Directors
Member | Date First Appointed | Most Recent Appointment Term | Total Remuneration |
---|---|---|---|
Dave Forestell Chair | December 12, 2018 | July 20, 2023 – July 19, 2024 | $29,678.31 |
Lalit Aggarwal (Former Chair) | June 6, 2019 | June 6, 2020 – July 14, 2023 | $18,225.31 |
Paul Stoyan Vice-Chair | July 29, 2021 | July 29, 2023 – July 28, 2026 | $15,645.01 |
Cara Vaccarino Member Chair of Strategic, Governance and Oversight Committee | February 14, 2020 | February 14, 2022 – February 13, 2025 | $13,212.75 |
Douglas McLarty Member Chair of Finance, Audit and Risk Management Committee | February 20, 2020 | February 20, 2022 – February 19, 2025 | $14,613.54 |
Neil Desai Member | September 17, 2020 | September 17, 2022 – September 16, 2025 | $18,145.39 |
Heidi Reinhart Member1 | October 29, 2020 | September 16, 2023 – September 15, 2026 | $13,789.59 |
The AGCO organizational structure is appended.