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11/18/09 - The president of Loto Quebec, Alain Cousineau, revealed in a speech to the Montreal Board of Trade on Tuesday that his organisation is about to make a bold move into online gambling, at least as far as online poker and sportsbetting is concerned.
The Canadian Press reports that as early as next summer, the company will be offering its clients online poker and sports betting. Loto-Quebec plans to collaborate with the lottery corporations in five other Canadian provinces that already offer online services, specifically British Columbia and the four Atlantic provinces.
The news agency reports that studies show that in 2009, online gambling represented a worldwide market of $25.3 billion - a 300 percent increase since 2004. In Canada, annual growth of 30 percent has been recorded since 2003, and analysts expect online gambling transactions to surpass $1 billion a year by 2012.
Over $80 million in what it terms 'illegal transactions related to online gambling' have been evaluated, the report claims.
Cousineau revealed that Loto-Quebec has already asked the province to make the necessary regulatory changes to allow Quebec to enter the online gambling market.
Revenues from land casinos, lotteries and video lottery terminals in Quebec have levelled off for several years.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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