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Poker on the Way

The Canadian online casino gambling industry is rapidly developing and shaping up for some serious changes as several Canadian provinces prepare to legalize and license their own mini-gambling industries. The government has failed to regulate or really even officially address the legality of the online casinos and so the provinces in Canada are taking it into their own hands with the development of new protocols, new regulations and taxation structures, and several provinces are even teaming up together to offer a larger and more cohesive gambling market. For the real gambling fans in Canada this move will mean a lot more options as well as a full range of internet poker.

It’s actually pretty amazing how fast these provinces have been in implementing the planned online casino gambling regulations; it seems like only last month that the first of the provinces announced the plan to regulate and license sites and now there are already draft regulations in place and new policies in development. For many of the provinces these new regulations are just a formality that will legalize an activity that is already well established in the market. Canadian gambling companies will actually receive a boost in the market as Lotto Quebec and other provincial lotteries will have first dibs on launching new sites targeted at the specific markets.

The online casinos are a hugely profitable business and the Canadian provinces are actually taking a page out of the actions of a handful of US states that have fully begun to implement legal internet betting and in some cases poker as a way to fund the government’s coffers and flesh out spending concerns.