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ONLINE GAMBLING PLANS FOR CANADIAN LOTTERY
The intention of the British Columbia Lottery Corporation to enter the online gambling arena by March 2010 has resurfaced in the Canadian media following last week's announcement that it is to increase its wagering limit from $120 a week to $10 000 a week.
Critics of the lottery's plans claim that the significant increase is designed to better accommodate forthcoming online gambling on Internet casino-type games.
One columnist - The Colonist - noted this week: "British Columbia does not want to be left out in the cold when it comes to the millions of dollars that are being generated at online casinos. That is why the B.C. Lottery Corp. plans to begin offering online casino games by next March.
"The move is creating much controversy, especially since the PlayNow website, which is operated by by the B.C. Lottery Corp., has announced plans to up the gambling limit. It is clearly a move in preperation of the new casino games."
B.C. Lottery Corporation CEO, Michael Graydon said: "Rather than [online gambling revenues] all going to offshore places like Antigua, there's an opportunity to keep it here in British Columbia."
Media reports indicate that the Liberal BC government introduced online lottery sales in 2007 with a wagering limit of $70 a week to protect BC residents from the risk of addiction and serious financial losses. Since then the limit had been upped to $120 a week, and now to $10 000 a week....all without further research into the implications of such a move.
A B.C. Medical Association report on addictions this year found some 33 000 British Columbians have a severe gambling problem and another 128 000 have moderate problems with gambling. That number more than doubled between 2002 and 2005, as the government rapidly expanded land gambling in the province.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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