In a Gambling Utopia: Canada
Talk about an interesting market. The Canadian online casino gambling industry
is entirely unique because there is rampant internet gambling throughout the
country, and there is even a huge licensing jurisdiction running within the
country, but yet Canada has no updated laws and regulations about the internet
gambling industry. Unlike its southern neighbor, Canada has definitely not been
too hasty within decided on which side of the fence to come down concerning the
internet gambling issues. Online casinos are licensed by the Kahnawake Gaming
Commission, a questionably autonomous region of Canada that licenses sites
operating all over the world.
Although the US certainly passed the online casino gambling legislation far
hastier than necessary and even appropriate, the Canadian government is catching
a lot of criticism these days for a failure to address the growing internet
gambling industry. The pastime is illegal in Canada, but there is absolute no
enforcement and actually no clear laws on the subject. Canada is a haven for
some major online casinos operating headquarters out of the region. One of the
reasons that Canada is a popular region for internet gambling is due to the fact
that it is perfectly situated in proximity to the US, should the US market ever
reopen.
There has been some movement in Canada lately from watchdog organizations and
even the gambling companies themselves with efforts to address and stop underage
and problem gambling. The basic fact of the situation in Canada though is clear
– the country is in limbo, online casinos are gently flourishing, and the
Kahnawake Gaming Commission operates with very little oversight until the
government really takes a close and hard look at the industry. |