The role of Canadian provincial governments in gambling isn’t new. You’ve got your lotteries, provincial casinos, and governments have gained from horse racing as well. Local city governments often divide down the middle with camps pro and con on bringing in mega casinos into downtown entertainment meccas, or in the suburbs. In Ontario, it seemed […]
Very interesting article from The Japan Times that provides an overview of the junket model in Macau and the massive credit some of the VIP players are extended. If we are to believe the facts of this article, the debtor in question, Mr. Lou would be by far the biggest gambling debtor of all time […]
Interesting to see what the Ontario Government will do with this. Presently, offshore operators operate in Ontario (and Canada for that matter) with impunity. I have always said that with regulation, especially with Government run internet gaming operations, there must be a coordinated effort to crack down on the offshore operators. Would be interesting to […]
Supporters of federal legalization of Internet gaming could be the biggest losers following the 2014 midterm elections, according to analysts. The issue is not expected to gain traction in Washington, D.C., come January, after the new Congress is seated. With Republicans taking control of the U.S. Senate and gaining a larger majority in the House of Representatives, […]
The author of this article (link below) outlines a very reasoned and logical argument as to why Sheldon Adelson is opposed to online gaming in the US. While it is easy for the pro-online gambling forces to ascribe sinister reasons to why Adelson opposes online gambling, the author does an excellent job of explaining why the […]