HomeNews ❯ Alberta May Legalise Online Gambling to Secure Market Share

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Alberta May Legalise Online Gambling to Secure Market Share

The online gambling industry in Canada is absolutely huge, and this is something that can have hugely positive impacts on the economy of an area. Some casinos share concerns that the online gambling sector can take market share away from bricks and mortar casinos, but these casinos still seem to perform pretty well. It is clear, however, that online gambling is big business across provinces in Canada, and this has led to increased interest.

In fact, it is predicted that the online gambling industry should hit around $73 billion by the year 2024. In Canada alone, online gambling is thought to bring in more than $1 million in transactions every single day. So, this is a pretty big business, and it is important to understand the appeal for a lot of areas.

This week it has been revealed that the province of Alberta is keen to get in on the action, and wants to benefit from a slice of online gambling. The Alberta Gaming, Liquor and Cannabis (AGLC) has apparently made a proposal for a contractor who will be able to provide these online services. This is thought to be a move by the organisation to stay relevant and up to date, as well as providing a safe environment for Albertans to gamble online.

Alberta Canada

Indeed, there have been concerns in the past about allowing unregulated, offshore sites to go unchecked in the province, putting people’s privacy and money at risk. By choosing to legalise and take charge of online gambling in the province themselves, the AGLC feels they can better regulate it. The request for proposals document discussed the benefits of this move, stating “The internet site could be effectively used to promote healthy gambling behaviour, educate consumers, and help players manage their own play behaviour through informed choice.”

It is clear that Alberta is seeking a partner for surprise online gambling launch, and there is definitely a hope that this can have a hugely positive impact for the future. The government of Alberta will seek additional funding to be able to put this into practice in an effective manner. Of course, the government is going to need additional revenue to be able to get these things off the ground, but they also require technical support for the proposed online gambling launch as well. This is something that is absolutely vital when it comes to improving and enhancing the plans, and will certainly be a priority for the AGLC.

Now, there are definite positives to the online gambling proposals, but there are also those who oppose it as well. It is believed by some that the access to online gambling leads to a spike in teen gambling. Because of how easy it is to find and play free games these days, many believe this opens the door to further gambling issues down the line. However, it is surely the case that Alberta is going to enjoy more positives than negatives when it comes to embracing online gambling across the province.

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