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REGULATE TO PROTECT SAYS CANADIAN NEWSPAPER
One of the many mainstream press articles spawned by the weekend's television and Washington Post coverage of the online poker cheating scandals at Absolute Poker and UltimateBet was carried by the Toronto Star newspaper. Writer Dave Perkins presented a persuasive and logical argument for the regulation and licensing across Canada of the pastime, opining that such a move would not only protect players but bring sorely needed tax revenues.
Perkins points to the healthy income streams received by the Kahnawake sovereign tribe from its involvement in Internet gambling, while the government stands by, "....terrified to intervene and enforce the law."
"The time will never be better than right now to change the law and make Internet gambling – and sports betting, while we're at it – fully legal across the country. We could legalize it, regulate and tax it, the way Britain did in 2004," Perkins writes. "With governments scrambling for tax revenues, this would be a relatively painless windfall. Companies operating on the shady side of the law could operate out in the open, pay taxes and sponsor events. That's what happens in Britain now.
"Gamblers will gamble, whether it's legal or not, but they would prefer to bet with legal, regulated companies. For one thing, this kind of online poker fraud could be addressed and punished openly, instead of handled secretly, as is happening in the cases at the centre of the WashPost/60 Minutes story."
Perkins suggests that the Canadian government should join the Kahnawakes as it canot beat them...and beat them to the "billions of dollars available" instead.
"Make it legal, set up the regulating framework and watch the money pour in," the articles advocates. "In these economically turbulent times, it makes nothing but sense to profit legally from an activity that is both here to stay and is growing every year.
"We already allow most forms of gambling and people can't be stopped from doing it on the Internet now. So step up and do it right. Rake a square game of online poker, if that's what people want to play. Allowing single-game sports betting also would provide revenues that could go to everyone from amateur sports to the pro events on which a majority of betting will take place.
"This decision is both so obvious and so far overdue that it should be a no-brainer. Even for Ottawa."
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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