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Canada Avoiding Black Market Too

The Canadian government has remained mum on the online casino gambling issue over the past several years and created a vacuum of silence that has allowed internet gambling to flourish in the country with very little to no regulatory oversight and limitations on the market. Canada’s approach to internet gambling is perhaps an extreme reaction in contrast to the US’s controversial policies for the online casinos; the US has blocked and banned these sites and yet created a black market that is also very much unregulated. Both countries have unregulated internet gambling taking place but Canada seems to have a leg up on the US right now because all of the gambling activity is taking place right out in the open. The US on the other hand has very specifically crafted a unique black market for online gambling.

Neither country can be said to have handled the rise in online casino gambling popularity very well. Three years ago as the industry was hitting a growth spurt the US decided to place some vague, flawed and controversial legislation in place that was supposed to block illegal offshore gaming sites from the US market. But the industry was already a part of the US culture for a lot of Americans so the US’s vague policies have meant that gamblers are potentially using less reputable and under ground, gaming sites as a way to place bets and chance gamble through the internet.

Canada’s government on the other hand has simply refused to acknowledge that there was a growing online casino gambling industry in the country and was waiting an unknown length of time before coming to a decision on how to handle internet gambling. Now, both countries have had high levels of internet gambling over the past three years but Canada’s strategy seems a bit more effective because the provincial governments now have a clear idea of the scope of the market and can more effectively create a safe and open gambling environment.