Online Casinos Captivating Canada's Interest
The Canadian internet gambling industry has long been closely linked with the US
gambling industry. The US’ 2006 UIGEA though changed all of the previous
precedents and set Canada on a new course of action. Instead of just contending
with online casinos focusing on the Canadian market as a secondary aspect to the
US industry, Canada’s industry has taken front and center in the new battle to
expand gambling around the world. And the Canadian government is still sitting
on the fence about the online casino gambling industry if you can even imagine
it! Despite the fact that the government has refused to pass any sort of formal
ruling about the Canadian internet gambling industry, most provinces in the
country have determined that online gambling isn’t leaving the market and they
could best benefit from providing their own regulations.
The Atlantic Lottery Corporation is one of the oldest gambling companies still
operating in Canada, and the company’s scope of influence has greatly expanded
since the mid-seventies when the company first launched into Canada. The ALC now
has a unique and interesting proposition on the books from Quebec’s lottery
company. As several Canadian provinces formally enter the Canadian online casino
gambling industry with formalized regulations and new standards governing the
gambling sites, there is an increased pressure for ALC to quickly partner up
with other powerful Canadian companies to ensure continued domination in the
gambling market in the country.
The online casinos are incredibly pervasive and although the ALC is still
considering the partnership offered with Lotto Quebec, there is a very strong
change that the ALC will choose to either accept the partnership, or similarly
launch efforts to operate an internet version of the lottery business. The
prevalence of the internet gambling market in Canada is unavoidable and Canadian
land gambling companies are beginning to really take notice. |