Ontario Wants a Piece Too!
The Canadian online casino gambling industry is on the verge of an explosion
this year as several Canadian provinces have announced plans to take the
regulation process into their own hands and license forms of internet gambling
within the provinces. Quebec was the first of the provinces to announce that the
National Lottery would launching into the industry and starting its own online
casinos to compete with the hundreds of foreign sites that are already targeting
Canadian gamblers because of the regulatory void in the country. As Quebec
readies for a fuller online casino gambling presence, Ontario has now announced
an interest in also allowing the Ontario Lottery the ability to launch into
internet gambling.
Ontario officials are not sold on the online casino gambling industry yet, not
like Quebec, where there is a strong movement and efforts to pass through
regulations in the very near future. In Ontario though, the internet gambling
industry is looked at as a way to expand revenues in the province and also keep
the current gambling funds within the province; if Ontario is the only province
without an presence through the online casinos and internet lottery, then
Ontario gamblers will seek out other web sites and that money will leave the
province.
In addition to Quebec, the Ontario officials are concerned that a lack of
progress in regards to an online casino gambling industry would put the province
well behind many of the other provinces in the country including Nova Scotia and
British Columbia. The same argument is standing true in Ontario as it has in
other provinces and even other countries – the online gambling is happening and
there is little way to effectively stop the pastime so it is better to receive a
portion of the regulations from the industry. |