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Prof Calls for Canada Betting Regulations

Jordana Huber ,  Canwest News Service

Originally Published: Tuesday, July 15, 2008

TORONTO - Online gamblers play more frequently and aggressively than those who take their chances in casinos according to a study from the University of Western Ontario that suggests new regulations to govern Internet gambling.

Gamblers are using websites run by offshore companies in "leaps and bounds" but if there were regulations to oversee Canadian gambling operations there could also be safeguards to reduce problem gambling, said June Cotte, associate professor of marketing at the UWO's Richard Ivey School of Business.

"If you regulated it you could put systems into the website that monitor losses, that tell a gambler when they have been playing for eight hours and make them more cognizant of things they can lose track of," Cotte said.

Frequent gamblers would prefer to use a website they trusted and would likely choose to gamble through an operator they knew was reputable, Cotte said she found during interviews with 30 gamblers for a study being published in the Journal of Consumer Research.

"Online gambling is happening on such a massive scale that rather and try to shut it down perhaps we should build some better sites with some reputable suppliers," Cotte argued.

Toronto gaming law specialist Michael Lipton said globally the online gambling industry is worth more than $15 billion annually.

In Canada, the Criminal Code prohibits online gambling unless run by the provincial lottery agencies which he said have so far offered "modest" lottery-type products online.

There are 90 jurisdictions around the world including the United Kingdom which licence or "tolerate" online gambling, Lipton said.

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Money Seizures Imperil Bodog Empire
David Baines

In April, former Vancouver resident Calvin Ayre caught industry observers by surprise when he announced he was quitting his online gambling empire, Bodog, purportedly to regain his privacy and further his charitable activities.

The surprise was compounded when he claimed he had transferred ownership of Bodog a year earlier to the Morris Mohawk Gaming Group, which runs hundreds of gaming websites from the Kahnawake reserve near Montreal.

"I was really more of a brand ambassador for Bodog the past while anyway -- but it was fun while it lasted," he said on the Bodog website.

Are we really to believe that Ayre, who had been flamboyantly and boisterously playing the role of Bodog's fun-loving top dog until then, had actually checked out months before, and that his motive was simply to live a life of quiet reflection and philanthropy?

I think not. It is widely known that the U.S. government, which has declared war on unlicensed Internet gambling, has Ayre in its crosshairs.

It is more likely that he is trying to distance himself from any future prosecutions.

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Two Canadians Reach Final Table at WSOP

LAS VEGAS — The final table in the main event of the World Series of Poker will feature a pair of Canadians.

Scott Montgomery of Perth, Ont., and Darus Suharto of Toronto outlasted 6,835 other players to reach the final nine-man table that will compete Nov. 9-10 for one of the richest prizes in poker history. The tournament champion will take home US$9.12 million, while each of the nine players is guaranteed no less than $900,000 simply for reaching the final table.

Montgomery, who has four cashes at this year's World Series of Poker, sits third with 19.7 million chips, behind only Dennis Phillips (26.3 million) and Ivan Demidov (24.4 million). Suharto is sixth at 12.5 million.

"It was good," Montgomery told Pokernews.com after Monday's gruelling 15 1/2-hour session. "It wasn't a breeze, I needed to get lucky a couple of times, but overall it went well. I'm still here".

The 26-year-old University of Waterloo graduate said he won't be doing much between now and the final table in November.

"Just keep playing poker," he said.

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WELCOME to Canada Sports Betting Information

If you're Canadian, you probably LOVE sports.  We love to play them and we love to watch them.  Nothing makes spectating more exciting than a little money on the game - a little action.  Betting with your buddy is all well and good, but more often than not, your buddy is a fan of the same teams you are.  What then?  Find a local bookie?  Is that legal in Canada?  And just how much of that high added juice do you pay before it's not fun anymore?

The best sports betting deals, in Canada or elsewhere, are online.  Technology has ushered in a new era in sports betting.  The high volumes and low overhead of an electronic sportsbook has pushed the bookie's edge over the bettor down to historic lows.  But how does the average Canadian make sense of all of those lines, numbers, and options?  How can you get money into the sportsbook?  How do you get money out?  Should you bet with Canadian dollars, or US, or Euros?  How do you find a legitmate sportsbook you can trust?

Our mission at Canada Sports Betting Information  is to help you find answers to all of those questions, and any others you might have about online sports betting.  Because if you're Canadian, you LOVE sports.

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