gambling limits in Canada to increase
Canadian residents of the province British Columbia should
be able to increase their weekly online gambling deposits with
the state lottery this month. In what's essentially the first
instance of legalized gambling in the upper North America, the
British Columbia Lottery Corporation will increase the
depositing limits of its customers to almost $10,000 (CAD)
weekly from the previous $120 and folks will be able to use
their credit cards to complete the depositing transactions.
Looking for more revenue, the BC lottery is also contemplating
launching what would be the first government ran online casino.
Adding video poker games, blackjack and other popular casino
games to the online gambling accounts of the residents.
Naturally this move is making waves on
both sides of the e-gambling dilemma. Supporters of online
gambling in the Canadian province point out that residents have
long had the chance to play online casinos and even bet on
sporting events through unlicensed online casinos and
sportsbooks ran offshore. The introduction of the online
gambling option in BC would improve the attention paid on
problem gamblers while bring some of the money gone offshore to
the province's coffers. Almost $24 million were the revenues
from online gambling last year in British Columbia with
projected revenues from the internet gambling to the province
climbing up to $73 million for the 2011/12 period. The
opposition claims that this is nothing more than tax on the poor
and would help no one, rather increase the number of young
gamblers. Regardless of who is right, for now it appears that
Canadians would be the first in North America to get access to
100% legal online casino games.