Ontario Canada May Be Next to Offer Legal Online Casinos

Published Saturday, August 07, 2010 - Online-Casinos.com

Canada is going through the initial stages of setting up provincial government operated online casinos. Recently the British Columbian government had a massive melt down of it's first online gambling offering showing the world that the process is not as easy as it looks. Announcements were made months ago suggesting that other provinces in Canada have similar plans to open the internet gambling door and get in on the action.
Quebec and the Atlantic provinces have been taking their time and making sure they will not fall victims to the same problems that British Columbia has encountered. Learning from the experience will prove invaluable for those who follow.
Experts estimate online gambling is growing at a rate of 20 per cent annually and that is a fact that the cash strapped provincial governments can not ignore. The scandal riddled Ontario Lottery and Gaming Corporation took in $1.9 billion last year, after a massive investigation and clean up of the company. Ontario is preparing to make a go of online gambling soon because as politicians have stated they know they are loosing millions to offshore websites offering internet betting options.
The Premier of Ontario, Dalton McGuinty said that “in a perfect world” Ontario would not have to rely on gambling revenue at all but has acknowledged the government needs the revenues. His most recent comments are somewhat hesitant in the wake of the BC initiative, he said, "I know B.C.’s gone there; Quebec’s gone there. And I’ll wait for the advice of the Minister of Finance on that."
Finance Minister Dwight Duncan dodging the issue earlier said it was too early to say whether Internet gambling was in the cards for Ontario, although Ontario Lottery and Gaming Corporation chairman Paul Godfrey said that it about time the province took a look at the potential of online gambling. Online gambling in Ontario  could be structured to drive business to the O.L.G.’s flagging land based casinos by granting credits to players for use in those casinos, along with the other offerings by the corporation.
 

 

 

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