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Openbet appears to be powering what is claimed to be North America’s first government regulated online casino – Play Now.com.
 
Thursday’s news that the Canadian province of British Columbia is to launch the first government controlled internet casino in North America  has been confirmed by statements from Housing and Social Development Minister Rich Coleman, whose office oversees the British Columbia Lottery Corporation.
 
Openbet appears to power new BC casino site, judging by the games displayed at http://www.vancouversun.com/health/opens+first+sanctioned+online+casino+North+America/3283023/story.html?tab=PHOT.
 
Coleman said that the BC provincial government could no longer "stand on the sidelines" and lose revenue to the hundreds of off-shore websites available to residents to gamble money, often illegally.
 
"The hard reality is this - that activity is not going away,” he said. The province is trying to close an expected Cdn$1.7 billion budget shortfall, although it has emphasised that its main objective in legalising online gambling is to protect players.
 
"British Columbia may be the first jurisdiction in North America to offer games, but I can predict that it won't be the last," Coleman told a ceremony in Vancouver launching the Playnow.com site.
 
The global online gaming industry generates Cdn$20 billion in revenues annually, with British Columbia residents thought to be gambling Cdn$100 million online annually, according to provincial lottery officials.
 
Casino revenues will go into the province's general fund. Canada, in general, does not tax money won through a lottery or from recreational gambling. British Columbia's web casino will only take bets from provincial residents.
 
British Columbia confirmed that it has worked with lottery officials in Quebec and Canada's Atlantic provinces, which have expressed interest in offering online betting on games such as craps, poker and roulette.
 
Lottery officials said their site would offer a safe alternative to unregulated private sites, which may not reveal the true odds of winning. They have estimated that online gambling is growing 20 percent annually.
 
One of the most vociferous Canadian opponents of online gambling, Dr. Jeff Derevensky of the International Centre for Youth Gambling Problems and High Risk Behaviours at McGill University, was among the first to criticise the new venture.
 
“It’s our governments that are the most addicted to gambling,” he told National Post reporters.
“They’re addicted to the revenue. There is no great social consciousness. This is a money-making operation, that’s quite clear.”
 
Loto-Quebec has announced that its online gambling initiative, powered by GTechG2 for poker and Openbet for other games will launch in the fall.
 
The lottery corporation expects this new site to counter the thousands of illegal gambling websites that already exist, and forecasts that it will make an estimated Cdn$50-million by 2012.
 
The gambling website will be launched in partnership with the Atlantic and B.C. lottery corporations. The website will be available throughout the three regions, but it will be up to each corporation to cater it toward their province, according to an Atlantic Lottery spokeswoman.
 
These big bets will mean big profits for the corporations, said Dr. Derevensky, who estimates that the online-gambling industry is worth about $12-billion a year worldwide.
 
Other provincial lottery corporations are continuing to adopt a wait-and-see policy with online gambling.
 
“Nothing has been written off forever, but we have no plans to do that,” said Kevin Van Egdom, with the Western Canada Lottery Corp., which oversees gambling in Alberta, Saskatchewan, Manitoba, the Yukon, the Northwest Territories and Nunavut.
 
The Ontario Gaming and Lottery Corp., has already spent a “considerable amount of time” investigating whether it wants to pursue online gambling,” said spokesman Rui Brum. “No decision has been made,” he said.
 
John Kennedy FitzGerald, the CEO of the Vancouver-based Interactive Gaming Council, said he hoped this is the first step toward national regulation of the industry and not an attempt by the government to monopolise the sector.
 
“It’s a natural progression for governments to be more involved,” he said in Toronto. “At least we have the government saying they recognise the industry and know it’s here to stay.”



Gambling News :

$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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