Canada Skates Past US In Online Gambling 08 Jun 10
The United States could prove to be the largest online gambling market in the world, but the government has been slow in regulating Internet gambling. Canada, however, is working overtime within its provinces to legalise the industry within its borders and beating the U.S. to the punch.
In the midst of Canada’s hard work, British Columbia and Quebec have moved toward expanding their lotteries to include remote gambling. Ontario is not far behind in its consideration to
In the United States, California and New Jersey have lawmakers discussing the regulation of online poker. Although proposals have been offered, neither state has taken the step yet to legalise and regulate online poker.
As for the rest of the world, it seems to be jumping ahead the United States in regard to regulating Internet gambling. It is believed that if the U.S waits too long, the potential customer base could move business to other countries, including Canada when efforts to legalise online gambling are completed. For instance, there are millions of U.S. players spending their money on a number of online poker websites and the U.S. government is not taking advantage of any of the revenue that is being generated.
Canada has hired industry experts to help in bringing aboard players that have been playing on International poker websites in the past and to ensure that Canadians have a safe place to spend their money and have fun. Much is occurring around the world in the way of regulation to ensure rogue operators do not defraud consumers.
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