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Provincial Competition for Tribes

The Canadian online casino gambling industry is in a rapid state of flux these days as the provincial governments begin to heavily discuss the licensing options and feasibility. As provincial governments near the time when they will pass through licensing regulations for foreign gaming sites the Mohawk nation is taking a stand, affirming its place in the market and preparing for a lot of competition. At this point the Kahnawake Gambling Commission handles the only licensing of online casinos within Canada, that will change one Quebec, Montreal, and other provinces join forces to create provincial licensing as a way to bring in more revenues. Only in the past several months have the Canadian provinces begun to discuss the revenue potential of licensed online gambling and now the Mohawk nation has a whole new wave of concerns to consider this year.

Like the United States, tribal gambling is a key source of funding for the tribes. The US has an extensive land gambling industry but US federal policies have always prevented these tribes from branching into the international online casino gambling industry. That is not the case for Canada though. Canada has a veritable regulatory void when it comes to the online casinos which opened up the perfect opportunity for the Mohawk nation to create an international funding source by licensing, regulating, and hosting international gaming sites. For the Mohawk nation, the Kahnawake Gaming Commission and its revenue is the absolute supreme source of funding for the tribe and provincial licensed online gambling presents worrying competition.

The KGC has one main advantage over the provinces and that’s the fact that it’s already well established in the online casino gambling market and licenses sites for foreign use, not just domestic licensing – a key and valuable point.