Canada’s Atlantic Lottery Cooperation for Regulated Internet Casinos

Online GamblingAtlantic Lottery Corporation (ALC), the conglomerate regulatory body established by the Atlantic Canadian provincial governments of New Brunswick, Nova Scotia, Prince Edward Island and the Newfoundland and Labrador Province, has put forward a proposal to launch Internet gambling in its jurisdiction.

Michelle Carinci, CEO of Atlantic Lottery Corporation stated that the move has become necessary especially for the Maritime Canadian provinces of New Brunswick, Nova Scotia and Prince Edward Island. The gambling industry in these provinces is losing revenues to regulated online casinos licensed by other jurisdictions including those located and regulated by other Canadian provincial governments.

Atlantic Canadians have access to real money online gaming and wagering sites remotely operated by licensed Internet casino operators outside of the Atlantic Canadian territories. This denotes that such conditions reduce the amount of Canadian dollars circulating within their respective economy.

Canadians are placing bets in offshore sites and in provinces like Quebec and British Columbia. The province of Ontario is not far behind in benefiting from online casino operations, since the Ontario Lottery and Gaming Corp. has already initiated moves to launch its own Internet gambling website before the year 2013 ends.

However, the Maritime Canadian province of New Brunswick is not too keen on giving its support to ALC’s online casino proposal. New Brunswick Finance Minister Peter Mesheau publicly voiced his disagreement to such plans, even if the ALC has the authority to embark on a project to study the effects of Internet gambling in their province.