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Online Casinos Get the Shaft

The Canadian government has made headlines over the past several months because the nation’s racetracks are increasingly pressuring the government to impose new regulations and restrictions on the country’s online casino gambling policy. Only land gambling is actually legal in Canada, but the Kahnawake Mohawk tribe operates a very large online casino licensing process and many of the most popular internet gambling sites in the world are licensed out of this location. Canada’s internet gambling policy is largely unclear and until recent months the government has chosen to ignore the fact that Canadians have readily accessible online casino gambling opportunities.

As for the racetracks, they claim that the surge in internet gambling activities and betting is putting them out of business. Racetracks have regulated in the country and therefore face taxes and other regulatory restrictions on the types of gambling they can offer – the online casinos on the other hand are currently untaxed by the Canadian government. And while it seems that the Canadian government is inclined to let the online casino gambling issue slide for the time being, new rumors indicate that the land gambling venues across the country could have legalized sportsbetting capabilities.

Initial reports indicate that the Canadian government is looking specifically to offer sportsbetting at the land casinos, and there is also a consideration that the activity could also boost the racetrack industry as well. Specifically, it seems that the government is planning to expand the current sportbooking industry in the state – which is present at the land casino venues, but extremely limited.