Another Canadian Province May Introduce Online Gambling

Published Friday, April 08, 2011 - Online-Casinos.com

There is an old saying “if you can’t beat them, join them”. The Provincial governments of Canada are moving ahead to provide online gambling services to their populations. Quebec, British Columbia, and Ontario have all started to get into the online gambling business noticing it is a trend that wasn’t going away.

Now Saskatchewan, a prairie province known primarily for the northern forested areas and the southern grain growing areas is considering entering into the internet wagering world.
According to the minister responsible for two publicly owned casinos, Ken Cheveldayoff  the province has a renewed interest in creating an online gambling business for the province.
Cheveldayoff commented that he had seen online gambling advertised in media in Saskatchewan, adding, "I think that it's growing. It's there and it's something we're going to have to look at very closely."

It has been estimated that about $30 million is spent every year by people in Saskatchewan that place wagers online. It was noted by Cheveldayoff  that if the government was collecting that money, profits could be spent on community programs. "What troubles me is that the profits are leaving the province and can't be reinvested in the good activities that Gaming Corporation, for example, does," Cheveldayoff  said. The Saskatchewan Gaming Corporation, a provincial Crown, operates casinos in Regina and Moose Jaw which generated $43 million in profits a little under the projected profit of $50.8 million. The discrepancy was primarily due to a labour dispute last summer affected the number of visitors to the casino in Regina. The casino also shut down a number of table games and reduced operating hours during the dispute.
The Saskatchewan Indian Gaming Authority also operates casinos in the province with profit sharing agreements in place for those operations. The province also owns and makes substantial sums of revenue from thousands of electronic slot machines or VLT’s, in bars and taverns across Saskatchewan.

 


 

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