Online Gambling Industry
Quebec Joins British Columbia In Online Gambling Industry
USA Players Accepted at Rome Casino!
While the unregulated US online gambling market continues to be one of the most dominant in the world, Canadian gamblers are now showing they can play in big numbers as well. On Friday, the second regulated online casino went live in Canada.
Loto-Quebec went live Friday morning despite much controversy surrounding the site. The site comes equipped with some of the most popular casino games in the world, and it is expected that millions of dollars will be generated from the online gaming.
There are safeguards in place to stop problem gambling from occurring. Among the safeguards are wagering limits. Starting in December, a gambler will only be allowed to bet up to $9,999 a week. That will be difficult to adjust to for high roller gamblers who are used to spending that in one sitting.
The wager limits are in place to protect both the high rollers and the lower income gamblers that may develop a gambling addiction. Still, opponents of the Internet site believe that online gambling encourages destructive behavior patterns.
Those who are in favor of the additional form of gambling point to the fact that Canadian gamblers were already spending their money at unregulated gaming sites. Now, at least the government will have peace of mind that the customers are protected against fraud or other unsavory business acts.
The B.C. Lottery Corp. launched their online casino earlier this year. Shortly after it was launched, the casino had to be shut down due to a security breach. Once the problem was corrected, the site was re-launched. The B.C. Lottery Corp. and Loto-Quebec are partnering on their online poker offerings, with the site being hosted in Montreal.…