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CANADIAN PROVINCE STILL CONSIDERING INTERNET GAMBLING OPTION

Posted 1/16/11 : Maritime provinces politicians have spoken out against an ALC venture, but one province is still apparently interested
 
The sudden moves by Canadian provincial governments to get into the online gambling business appeared to have passed the Maritime provinces of Newfoundland, Prince Edward Island, Nova Scotia and New Brunswick by late last year as a succession of political figures spoke out against following the example of British Columbia, Quebec and Ontario.
 
The territories are all represented in the Atlantic Lottery Corporation, which presented the idea for consideration.
 
It now appears that not all of the territories have dismissed the idea outright. The Daily Gleaner newspaper reports that the New Brunswick government is still considering the project and is watching developments in other provinces with interest.  In terms of the ALC charter, one or more territories can opt for a particular venture, even if others do not participate.
 
Consequently, the ALC is to present its research findings on the feasibility of an online gambling enterprise operated by itself to the New Brunswick government.
 
"What has happened over the years because there has been very much a growth, a very large amount of growth in online gaming, all governments across Canada have looked at it," said Marc Belliveau, communications director for the Department of Finance and the province's Lotteries and Gaming Corp.
 
"The fact that Quebec has done it is interesting to us ... We'll watch with interest.
 
"We started six months ago when we said to Atlantic Lotto 'Can you look at what this would entail if we ever decided to go that route?' " Belliveau said. ”We are one of four partners in the Atlantic Lottery Corp., and what we have told them is 'Continue to feed us information on this subject matter.' "
 
He added: "Currently as a government, we are very far from considering options because there are no options before us and it is just part of the due diligence that we do to see what the industry standards are, what is happening, what it would entail if we ever decided to go down that route."
 
The Daily Gleaner reports that online gaming has grown dramatically in Canada in recent years, and that research commissioned by the Canadian lottery industry estimates that more than $74 million is spent each year in Atlantic Canada on illegal Internet gambling - that's not far short of the $80 million wagered online by Quebecoise.
 
Loto Quebec predicts that by 2012, revenues generated by its new online offerings will reach about $50 million annually.
 
Commenting on the New Brunswick interest, Atlantic Lottery Corporation spokesperson Sarah McBeath said: "Atlantic Lottery had been working with Loto-Quebec and British Columbia Lottery Corp. on a common offering for online casino products. However, we informed these lotteries in October 2010 that we did not have the necessary approvals to move forward at this time.
 
"As a publicly-owned lottery, we are looking at opportunities to keep the more than $74 million currently being spent on illegal, off-shore gaming sites within Atlantic Canada for essential public services."
 
Late last year InfoPowa reported that the province of Saskatchewan was also investigating the pros and cons of an internet gambling enterprise. At that time the Star Phoenix newspaper revealed that investigations were continuing, and that the Saskatchewan Indian Gaming Authority, a First Nation body, was also carrying out enquiries.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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