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North America Shifting

The fact that both Canada and the United States are simultaneously considering legal expansions into the online casino is a fantastic opportunity for the foreign internet gambling companies that have been closely monitoring the situation over the past several years. Interestingly, neither market is fully regulating and accepting the internet gambling industry, but both countries will soon see rapid expansions in the amount of gambling activity taking place at the online casinos and internet gambling sites. Canadian provinces have decided to take the matter into their own hands and regulate the industry in several regions. Similarly, although foreign gaming sites are blocked in the US at the Federal level, individual US states are bucking the trend and are on the precipice of passing new legislation.

The North American market has been closed to the international online casino gambling industry for some time – the US as a result of the controversial UIGEA and Canada more by proxy of the US situation. Really, for all that the US government bans and blocks a national gambling industry with foreign online casinos, the Canadian government is just as passionate about gambling – just as passionately indecisive we should say. Canada has no set stance on the internet gambling industry and the individual provinces have recently taken that to mean that they then have the power to self-regulate.

In both of these countries the economic recession and low budgets are a direct contributing factor to why these nations are opening up their online casino gambling laws – the money needs to come from somewhere and many state and provincial governments have decided to regulate and profit from an activity that is already taking place en masse in the marketplace.