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Better Gambling Policies Desired

The Canadian online casino gambling industry has been a source for much controversy over the past six months because of heated debate from the Kahnawake tribe, the Canadian government, and the Canadian horseracing industry. Canada has a large regulated land gambling industry and internet gambling is technically taboo, although the regulations have never been enforced in the country. The horseracing industry though is taking exception to the lack of government taxing and regulations on the online casinos operating in the Canadian market and have demanded changes. And while the Canadian government has remained close-lipped on future plans for the online gambling industry a University professor in the country is advocating a safe licensed and regulated gambling industry.

There are skeptics all over the world who assert that gambling at the online casinos is a detriment to citizens and should be banned… but others argue that just as the land gambling industry is regulated, so too should be the internet gambling industry. June Cotte is an associate professor at the University of Western Ontario, specifically teaching within the Richard Ivey School of Business. Cotte’s opinion on the situation aligns with advocates in the U.S. who claim that legitimate and established corporations offering gambling solutions from the online casinos can properly protect individuals from exploitation and can create a safe gaming environment.

While gambling opponents call for a complete ban on the activity, Cotte observes, “Just as legalised commercial gambling in casinos allows governments to regulate it, so, too, could the legalisation of online gambling allow for better regulation and attempts to reduce the growth of problem gamblers.” Canadian legislators have the opportunity to not only benefit from an industry that will exist with or without proper regulations, but to also protect its citizens by licensing quality companies to operate in the Canadian online gambling industry.