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Canadian Gambling Initiatives Need to Be Competitive to be Successful
22.05.12
Recently government officials in Canada have discussed expanding gambling as a way to raise revenue and cut down on illegal wagering. The Ontario government announced that it planned to follow other provinces and offer online gambling including casinos games and lotteries while federal MP Joe Comartin introduced a private members bill aimed at amending the Canadian criminal code to allow for single game sports betting. Canadian law requires that all gambling schemes must be owned and regulated by the provincial government so Ontario Lottery and Gaming (OLG) announced that when online gambling is introduced, it would be the overseer of all gambling while the Alcohol and Gaming Commission of Ontario (AGCO) would be the regulators. However, OLG isn’t interested in managing the site and software and prefers that roll be undertaken by a company that already has experience with online gambling. Consequently, last year OLG began soliciting bids for that roll and it recently announced that the
Source: Off Shore Gaming Assocation
