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Online Gambling in Canada |
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From Online Casino Advisor
The Global iGaming Summit & Expo (GiGSE) ended in Montreal in
Thursday. One of the topics discussed on the last day was the online
gambling scenario in Canada. It has been estimated that Canadians spent
800 million Canadian Dollars on online gambling in 2009 with most of it
going to offshore operators.
Hence it is understandable that many Canadian provincial governments
are considering offering regulated online gambling services. Bob Rybak,
who is an online gambling consultant with the Atlantic Lottery, made a
detailed presentation on this subject to the delegates at GiGSE.
According to him Atlantic Lottery, Loto-Quebec and British Columbia
Lottery were ready with a common Internet gambling platform, which could
be launched as early as in the autumn of 2010. The provinces of Ontario
and Manitoba were some way behind in their plans, but were pursuing
them actively. They could be ready for a launch in the next 18 months.
Rybak said that the projects were viable, the technology was available
and the only issue was the timing of the launch. That would be a
political decision based on the timing of the provincial elections.
In Canada, as in many other parts of the world that are just
legalizing online gambling, online casinos will have to take a back seat
to online sports betting and online poker. Loto-Quebec spokesman
Jean-Pierre Roy said that their first online gambling product would be
poker. This would be followed by sports betting. The French law on
online gambling also proposes to legalize only online poker and online
sports betting.
It was also pointed out that there is a reservation about online
gambling among a significant section of the population because of the
fear that underage players will be able to access these sites. Another
concern cited was problem gambling. Hillevi Stuhrenberg, manager of
responsible gaming for Betsson, responded by emphasizing that addressing
these issues was not only a social responsibility for the online
gambling operators. Their livelihood depended on their ability to do so.
Hence he assured the delegates that these issues would be taken care
of. Today advanced technology is available to the online gambling
industry. Geo-locating software ensures that gamblers outside the
permitted jurisdictions are not allowed to wager. Even more
sophisticated software is available that can help determine the
gambler's identity.
Problem gambling specialist Jeff Derevensky of McGill University's
International Centre for Youth Gambling and High Risk Behaviors has been
a staunch and vocal opponent of online gambling. Even he seemed to have
accepted the inevitability of online gambling. He pointed out that the
online gambling industry was better equipped to ensure player protection
than other forms of gambling. The net conclusion at GiGSE seemed to be
that online gambling in Canada was now a question of when.
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B.C.'s Online Casino Plan Draws Criticism |
Friday, August 21, 2009
CBC News
B.C. residents will be able to play casino-style games and bet nearly $10,000 a week starting in March 2010.B.C. residents will be able to play casino-style games and bet nearly $10,000 a week starting in March 2010. (B.C. Lottery Corp.)
The B.C. Lottery Corp. is defending its decision to introduce casino games online that could generate up to $100 million a year in revenue by 2014.
Games like blackjack, roulette and poker will be available by next March on the corporation's PlayNow website, according to a release issued Thursday.
The corporation wants to tap into the estimated $87 million that British Columbians already spend on unregulated offshore gaming websites.
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Read more...
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Congratulations to our Fellow Canadian Bettor! |
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From Gambling911.com A Canadian sports bettor recently witnessed a $27,000 payout betting a mere $5. He did it at one of the world's leading online sports betting companies, Sportingbet.com. It was done on a baseball accumulator bet. Accumulator Bets are only now becoming popular in Canada. These are progressive wagers that allow a bettor to lay down a small amount of money on a series of bets, with the original stake plus winnings from one event placed as the stake on the next event. In this case, the bettor placed a $5 wager on a total of 14 baseball wagers, including moneylines, runlines and over/unders. All 14 cashed. The first bet was a moneyline wager on the Los Angeles Angels to beat the Oakland Athletics on the road. The Angels won as a +109 moneyline road dog. Those winnings - the original stake plus profit - were then placed on the New York Mets to beat the Baltimore Orioles. The Mets won as +112 road underdogs. That money was bet on a matchup between the Florida Marlins and Boston Red Sox, with the Red Sox cashing as -1.5 runline favorites at +115. After nine more winning bets - which included five moneyline, three over/under and one runline wagers - the whole amount was placed on the final matchup: the Pittsburgh Pirates at the Minnesota Twins. The Twins won as -133 moneyline favorites and the bettor suddenly found himself with nearly 27 thousand dollars in profit. |
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