HomeNews ❯ Will Canada Follow UK’s Example With Online Gambling Laws

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Will Canada Follow UK's Example With Online Gambling Laws

There are so many amazing ways in which online gambling is boosting provincial economies all across Canada. There are so many different ways in which gamblers can enjoy online gaming, and this is certainly something that is growing in popularity over the past few years. Currently it seems that land-based gambling is governed by stricter laws, but, online gambling across Canada might be able to take a different path.

It is undeniable that the online gambling sector in Canada has continued to grow, and there are a lot of positives to this. In the past, it wasn’t always smooth sailing, and many companies found it incredibly difficult to obtain an online gambling license in Canada. This led to some questionable business dealings, and government raids that would cut down on this. This in turn led to many companies setting up their business offshore, and this reduces the positive impact on the economy.

As such, there have been calls for provinces like Ontario to adopt widespread gambling legislation, in much the same way as the UK. The benefits to this are obvious, and there are a lot of things that need to be considered. It’s clear that sports betting is not something that has been widely adopted in Ontario, or Canada as a whole. This is something that nmany hope and believe will become a much bigger part of Canada’s gambling industry in the future.

One of the most impressive factors about online gambling is the way in which it boosts the economy so well. Indeed, a province like Ontario made $7.5 billion in 2016-17, according to the Ontario Lottery & Gaming Corporation. The OLG is constantly looking for ways of improving and enhancing the gaming experience for customers. This is one of the things that has led to them receiving two responsible gaming awards for their lottery. Not only that, but the province is also doing a lot of good for those with gambling problems. Indeed, the OLG’s responsible gambling program is recognised as being among the best in the world at the moment.

But, the sooner the OLG and other provincial gambling governing bodies embrace online gaming, the better for all concerned. The UK is one of the best examples of this, with the country bringing in over $25.5 billion annually as a result of online gambling and sports betting. This is due in no small part to widespread legislation that legalizes online gambling, and puts measures in place to help those with problems.

We already know that Canada’s reluctance to fully embrace sports betting is costing it millions in potential revenue, and this is something that could change in the future, especially with the NHL recently entering the online gambling market. In the future we could well see a thriving sports betting market in Canada. For the moment, players will have to put up with a growing online gambling sector that could learn a lot from the way the UK does things.

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