Canadian gamblers can't get enough of Ottawa's new licensed casinos

Author: Live Casino Direct

There are new casinos in Ottawa. George Herbert wrote a poem about the aphorism "Where there's a will, there’s a way".

There are new casinos in Ottawa. The aphorism "Where there's a will, there’s a way" still holds true.

Technology has transformed the way people gamble. Some countries have expanded existing gambling regulations into cyberspace. Others prohibit the operation of online gambling websites. Australian authorities have blocked more than 300 gambling sites.   The problem with the latter option is that the sites still exist and are hosted overseas.

Ontario has launched a licensing system for online casinos. It is a pragmatic approach to the problem. Online gambling is illegal in Canada, but people gamble billions of dollars every year. Ottawa has a new licensed casinos that attract gamblers.

Ontario's online gambling regulator, iGaming Ontario, recently published the second set of quarterly results since online casinos launched in Ottawa at the beginning of April. The first quarter of operation saw gamblers place more than CN$4 billion in wagers, which generated about CN $105 million in revenue. By the 2nd quarter, more more brands had been licensed and the handle (amount wagered) increased to CN-6 billion with revenue up to $162 million. Ontario is the only Canadian province to open up the gambling market in this way.

As per the Public Gambling Act of 1867, all Indian states except Goa, Daman and Sikkim prohibit gambling. Land-based casinos are legalized in GoA and Damans, as per Public Gaming Act 1976. Online gambling and E-gaming are legal in Sikksim under the Sik kim Online Gaming (Regulation) Rules 2009. Horse racing is permitted only in a licensed premise in select states.

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