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ONLINE GAMBLING DISCUSSED AT CANADIAN GAMING SUMMIT
The Canadian land gaming industry gathered this week at Stampede Park in Calgary for the annual Gaming Summit, and some time was devoted to discussing the provincial governments' trend toward Internet gambling, reports the Calgary Herald.
1 200 delegates and invited speakers discussed Internet gambling and a wide range of other issues at the three day event, which included an expo of the latest products in the business. Over the three days, delegates could view more than 88 exhibits featuring new products, as well as attend workshops dealing with everything from bingo to problem gambling, the newspaper reports, noting that Canadian gambling is now a Cdn$ 14 billion industry employing 135 000 Canadians.
Nova Scotia Gaming Corporation's responsible gambling tool SafetyCheck was on display, underlining the importance of online gambling safety measures.
"Teenagers are three times more likely than adults to visit offshore gaming websites," the corporation's Margaret McGee told the newspaper. "Our mandate is to build a responsible gaming industry."
The Calgary Herald article covers the recent interest by several Canadian provincial governments across the country in regulating...and taxing...online gambling.
Paul Burns, vice-president of the Canadian Gaming Association, described online gambling as "the elephant in the room that needs to be talked about, and fast."
"Canadians are spending Cdn$ 1 billion on online gaming," he says, "and virtually all of that is going to offshore companies." By legalising online gaming and regulating it, he argues, Canada will be putting money back into the domestic coffers.
"The customers are way ahead of government and regulators," Burns opined, pointing to a recent Ipsos Reid poll showing a growing number of Canadians expressing an interest. "We think it's high time Canada has that debate, so that is why we're talking about it here."
Some of the industry's most obdurate Canadian critics expressed negative views, telling the newspaper that there were problem gambling dangers ahead.
"The arguments for legalizing or at least regulating Internet gaming in Canada are awfully reminiscent of the ones used for expanding casinos and VLTs a few years back," Robert Williams, a professor at the University of Lethbridge who is also a co-ordinator with the Alberta Gaming Research Institute said.
Referring to internet gambling, Williams expressed concern about what he called its high correlation with problem gambling: "It's at the far end of the spectrum, right up there with slot machines," he claimed, pointing to its alleged addictive qualities. "Problem gamblers gravitate to Internet gambling, because it's 24/7 and there's no one to tell you it's time to go home.
"I think that jurisdictions that have allowed Internet gaming, like Sweden and the U.K., now regret it," Williams said. However, he predicted that [regulated] Internet gambling will soon be a reality in Canada.
"We'll regret it, though," he says, "like we regret slot machines and VLTs."
Canada is already the second-biggest provider of online gaming in the world, Williams noted, pointing to the Kahnawake reserve near Montreal, and claiming: "It's illegal, but the Quebec government has not cracked down on it."
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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