It's Good Money But We Don't Want It
Published: Friday, September 30, 2005 Online-Casinos.com
IT'S GOOD MONEY, BUT WE DON'T WANT IT
Quebec Lotto chief says Canadians don't want online gambling
According to the Montreal Gazette this week the provincial Lotto chief has done some research that shows positive possibilities for Internet gambling...but he doesn't think Quebecers want it.
Online gambling could generate between Cdn $300 million and Cdn $700 million this year for government coffers in Canada, but lottery authorities have yet to tackle the thorny issues surrounding e-gaming, the president of Loto-Quebec, Alain Cousineau said this week.
Canadian lottery corporations are preparing to assess those points at an upcoming meeting, Cousineau said. The debate will include problems like gaming revenue lost from casinos they now operate, jobs lost to offshore operators and the extent of government control in this area.
Should Canadian lottery corporations decide to wade into the profitable realm of online gambling, Loto-Quebec won't be leading the charge, Cousineau said.
Studies done for Loto-Quebec indicate that Quebecers do not want a government agency hosting online gambling, he said.
However, in his speech, Cousineau reviewed plans for a Cdn $1.175-billion casino and entertainment complex at the Peel Basin to be undertaken with the Cirque du Soleil.
The newspaper commented that while land casino operators are pouring energy and resources into a crowded casino marketplace, Internet gambling is growing at a clip calibrated in the billions.
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