HomeNews ❯ Ontario Loosens Gambling Laws With New Budget

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Ontario Loosens Gambling Laws With New Budget

Ontario Premier Doug Ford’s new government is clearly not afraid to ring the changes, as the province’s proposed new budget shows us. The new budget came out that suggested a lot of controversial changes that will affect Ontarians right now. Among the main proposals were changes that will impact the sale and consumption of alcohol, as well as the laws surrounding online gambling.

Some of the proposed changes include allowing casinos to serve alcohol from 9 am, and allow casinos to serve free alcohol to gamblers. There are, of course, problems and issues surrounding this sort of proposal, but the government is clear that it feels it is time to trust people more and treat them like adults. The report released stated “The government is committed to respecting adult consumers by trusting them to make responsible choices that work for them.”

Additional changes focus on online gambling, and the attempt to legalize it in order to bring more money into the local economy. Ontario locals spend around C$500 million on gambling online, but the majority of this is used on illegal sites. The government’s 283-page budget contains a lot of initiatives to deal with gambling, and especially online gambling.

Ontario Loosens Gambling Laws With New Budget- Online Casinos Canada

It is undeniable that online gambling has a massive impact on the casino and gambling industry in Canada. In fact, it is believed that the online gambling industry will reach around $73 billion globally by the year 2024, which shows just how popular and lucrative this part of the industry can be, and how much it can benefit Canada.

This plan by the local Ontario government is looking to make the most of the opportunities online gambling can provide, and look at ways of bringing more of this revenue to Ontario. This is the government’s first budget, and they seek to create a more competitive and lucrative online gambling industry across Canada.

Of course, there are those with reservations, and many believe that the rise in online gambling can lead to further problems in the areas of gambling addiction, etc. Indeed, there is the fear that a spike in online teen gaming is leading to further issues with things like problem gambling, and this is certainly something provinces are going to want to avoid. Provided Ontario can come up with ways of dealing with this issue, there is no reason why their plans for online gambling cannot be positive long-term.

Online gambling is one of the most important aspects of the world of gambling in Canada, and something that can prove to be very lucrative as long as it is harnessed effectively. This is certainly something that other local governments need to be considering for the future if Canada is to make the most of online gambling without the clear and obvious problems attached.

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