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Will Internet Gambling Help Ontario?
24 February 2010

From eCanadaNow on Wednesday, February 24, 2010:

With a deficit of $24.7 billion this year, the Canadian province of Ontario is looking for ways to make more money. The financially strapped province has been considering ways to help the economic situation and the most recent idea, supporting online gambling, has been met with much debate.

Although the current government of Ontario, under Premier Dalton McGuinty, has been known to stand against measures such as alcohol sales at corner markets, considerations are being made for Internet gambling. The difference ethically between the two, according to McGuinty, is that corner alcohol sales can be controlled, whereas online gambling is already taking place, and will continue to do so.

Presently, gaming efforts in the province produces around $1.9 billion a year. By expanding and supporting online gambling, that revenue could significantly increase. However, according to recent studies, more than one-third of the current gaming revenue comes from people that have moderate to severe gambling addictions. Critics of the option feel this issue needs to be addressed. Some are even saying that the current government is like a person with a gambling addiction. They say the government is addicted to revenue and everything it does is in order to make money.

While generating revenue certainly is an important aspect of government, the argument lies whether online gambling is the best option to do so. Some of the other provinces have already begun online gaming ventures, and Quebec has recently announced the plan for an online poker site opening this fall. The plan of Quebec is for their new online site to take away business from illegal Internet gambling sites. They are projecting gains around $50 million by 2012.

Whether or not Ontario will choose to increase revenues through this method is unknown at this time. It is certainly being considered however.



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