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British Columbia is considering the legalisation of online gambling
The news earlier this month that the Canadian provincial government of British Columbia is considering the legalisation of online gambling has been applauded by the Interactive Gaming Council, a trade association for online gambling software providers and operators.
"Like the B.C. Government, the IGC recognizes there are online gaming companies that operate out of poorly regulated jurisdictions," said John Kennedy FitzGerald, CEO of IGC.
"However, IGC members are licensed and strictly regulated in jurisdictions like the Isle of Man, Gibraltar and Alderney, which are recognized by the United Kingdom as having the highest regulatory standards in the world. Some of these jurisdictions have been involved with regulating online gaming for nearly a decade."
In a press statement, the IGC said it looked forward to working with the B.C. government and the BC Lottery Corporation as they develop a regulatory model. The association believes that regulation will provide legal clarity for British Columbians and online gaming companies with B.C. customers; harmonise standards with other leading jurisdictions to enhance consumer protection; and provide additional tax revenue opportunities for governments in challenging economic times.
"IGC members look forward to contributing to a vibrant online gaming community that provides an open environment for legitimate online gaming operators, while generating additional revenues to the B.C. government to fund important programs like health and education," said a spokesman.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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