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Woodbine Wants a Monopoly

A Canadian horserace betting company has argued loudly that the Canadian online casinos gambling industry is taking business from the land gambling industry – specifically the horserace tracks. Woodbine is one of the most prominent companies in the horseracing industry, and recent complaints to the Canadian government and pressure to ban online casinos gambling are largely motivated by protectionist attitudes from land gambling facilities and companies. An online casinos gaming expert was recently interviewed by Casino City – Michael Lipton specializes in gaming law and he recently analyzed the current internet gambling climate in Canada.

Lipton pointed out that the current concerns for the future of the Canadian online casinos gambling industry stem from complaints from Woodbine. Lipton noted that "this is all about Woodbine trying to protect their monopoly,” but that argument is likely to be enough of a reason to actually ban internet gambling in all of Canada. Lipton remarks that “"Practically speaking, I don't think the government is looking to move on this because it could lead to violence." And beyond the violence, the Canadian government does not have a history of favoring prohibitive legislation – rather the government favors regulation.

As for Woodbine, the company’s argument for banning online casinos just doenst hold up. "Woodbine's argument is that these sites are hurting their business,” remarks Lipton. “But I don't follow that logic. Are they trying to say that if Internet gambling is shut down, all of a sudden people are going to flood the race track to bet the horses? That just doesn't make sense." Regulation of the online casinos industry would better serve the country and would actually bring Canada in line with the dozens of other nations in the world that have regulated this popular pastime.