Another Canadian Province Mulls Online Gambling
Canada's quest to enter the world of online gambling has certainly been in the news lately, with province after province indicating its intentions to examine the possibility of a legalized and regulated gambling framework.
The latest province announce its plans to consider this form of entertainment is Newfoundland, which - though remained non-committing - nevertheless said that it was clearly being discussed.
At present, the governments of many provinces who, together share the Atlantic Lottery Corporation, are keen to enter the world of online gambling.
The ALC is essentially owned by the governments of New Brunswick, Labrador and Prince Edward Island, Nova Scotia and Newfoundland.
Most of these governments have indicated their desire to offer online casino and poker games through the ALC, however, Newfoundland has not given the green light as of yet.
"The Atlantic Lottery Corporation, which is owned by the four Atlantic provinces, has indicated an interest in getting into online gambling because of the fact that there are over 2,000 sites, 2,000 illegal sites that people can access right now, and they want to do it to offer responsible gambling," said the Newfoundland Finance Minister, Tom Marshall.
"Our government has not made any decision on whether we are going to support that initiative or not, " he said. "That is something that we will consider at some time in the future."
An editorial that appeared in the province's Weekend Telegram said that online gambling had the potential to bring in $55 million from online gambling revenue should the new proposal be approved.
