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Posts Tagged ‘Quebec’

Survey Shows Dangers of Addiction and Gaming

Tuesday, November 30th, 2010

The question of gambling addictions is heavy on the minds of legislators. Even regulators that are pro gambling initiatives are wary of the problems that could potentially be created. They want to push for more regulations that protect the growing gaming public. Now that gambling is a billion dollar business and showing no signs of slowing down, it is one of those things that legislators are standing up and taking notice of more and more. They know the growth rates that experts are projecting and this is causing them to take the growing problem of potential addictions into mind. Canada is a country that is not unlike the others and currently legislators there are working with laws to protect the gaming public. Quebec is the location where most likely gaming is going to take its first steps forward. The government recently funded a research series that is aimed at bringing more information to the lawmaking bodies before the make changes in the laws regarding gambling. The University of Montreal and Concordia University are the two educational bodies that conducted the surveys. They are stating that a good number of Quebec residents are at risk of falling into gambling addictions as the activity becomes legalized in provinces. One of the most startling findings though was that the younger market is the one in danger the most. The research is showing that customers from the ages of twenty-one through twenty-four are the most-at-risk group in the study. This is an issue that legislators are going to have to deal with as they move forward with legalizing and regulating gambling.

The research study is the first phase of a five-year plan the province is embarking on. They are pushing to garner as much information as possible on gamers and how it will change the market. They want to know exactly what legalizing and regulating gambling will bring to the market. It may take some time to find out exactly what the rules have to be to make sure that all parties are safe as they continue to wager at more online casinos. Legislators are not taking chances in Canada. They want as much information as possible so they can build safeguards into the laws as soon as possible.

Canadian Gambling Laws Changing Rapidly

Sunday, August 15th, 2010

The world is debating online gambling and Canada is no exception. For a few months now the country has been in heavy debates over the issue and trying to square away its laws and regulations regarding the pastime. Since the recession, every country throughout the world has had problems with its deficit. The recession stretched budgets beyond what they could handle and now it is time to recover but there are few options to help. Gambling is the only million-dollar generating activity that countries are looking into for relief from their financial woes. One thing is for sure– people are going to gamble and taking advantage of the huge tax dollars available may be th eonly way for the world to truly turn things around.

Quebec is the latest province to start working on legalizing online gambling. The government has moved into gambling territory online by legalizing online lotteries to help generate funds. The lotteries include sports betting and online poker. No one can debate how popular poker has become in the market. Just look at how popular the WSOP is now. Not only does it pay out multi-millions to lucky winners at its various games, but it also has major corporate sponsors and ESPN full coverage worldwide. Canada knows full well how popular gambling is and is hoping to generate the dollars needed to work on its huge deficit. Lotto-Quebec is the company that is going to host the online gambling for the country and it is scheduled to begin paying out to the province’s legislation soon. it should take a few months to work the kinks out, but overall it seems to be a good move for generating cash. Province coffers are low and this is a sure-fire way to help them out.

There are still some opponents of gambling in the area, but they are hopeful. They are hoping that laws will change and be added to protect consumers and the general public from the negative affects of gambling in general. It may take a few months, but most likely Quebec will be one of the first Canadian provinces to use gambling wisely and to its advantage.

Quebec Passes Laws to Legalize Online Gambling

Friday, April 30th, 2010

There are major developments going on in the world of online gambling. All over the world legislators are working to come up with laws that allow online gambling to benefit them financially. With difficult budgets and problems with huge deficits, countries are worried that there are few ways of managing. One of the most viable options is for legislators to introduce online gambling and use the tax-revenue dollars as a means of generating cash.

Now the province of Quebec is entering in to the debate as the government has just approved the lottery commission to come up with online gambling companies that include sports betting and poker. Again the impetus is a faltering economy. Quebec, like other countries, is worried about its finances. The finance minister Raymond Bachand said that bringing in legalized gambling is the best way to overcome the difficult economy. Lotto-Quebec is the first company that will host an online poker website. Residents of Quebec are the only ones who will be able to utilize the website but it will be a good chance for the province to find out whether or not gambling will work. The hardest part will be the implementation and now that the legislation is there, it will be interesting to watch the market.
The biggest alteration to the websites will be that they will integrate safeguard programs that will offer addiction resources. This is the new wave of online gambling. Companies are now focusing on protecting players by offering toll-free numbers, local offices and meeting places for Gamblers Anonymous.

Opponents of gambling have stated that their main concern is that the proper safeguards won’t be built into the system to handle gambling addictions. Because of their criticism, a lot of companies are focusing on creating management sectors fo the business that are structured to help the most vulnerable players. These sectors of the websites are solely for protecting visitors who feel they are either prone to addiction, or addicted to online gambling. The hope is that legislators who are against legalizing gambling will see the pains companies are taking with their own business models and change their minds. The added support for legalizing and regulating online gambling may be what pushes more jurisdictions to allot for the hobby’s legalizaiton.

There May Be Dangers with Online Gambling

Thursday, March 25th, 2010

Part of the problem with legalizing and regulating gaming is that some opponents believe it will open the door to addiction problems.  There are thousands of gambling addicts in the world and they each are at varying levels of therapy. Part of the danger was that casinos are all over the world are accessible. They have specials and bonuses that draw people in and keep them gambling at the facility. People who are prone to addictions can fall into a lot of trouble there.  They keep on gambling and lose a lot more money than they had planned. This opens the door for more problems—defaulting loans, foreclosure, job loss are all offshoots of addiction.

Opponents of online gambling are citing the already huge problems in the field of addiction as growing bigger if gambling is taken to the virtual world. That means that people prone to addictions can log in at any time from the privacy of their own homes, at work, at school, in libraries, etc. It’s a difficult thing to manage because the internet is so prevalent in our world today. This means that those who are already prone to addictions are going to have to face temptations of logging on and playing online gambling games on a daily basis. It may be hard for some to regulate themselves and it could then start a domino effect in the world. One issue that has come about as a result of addiction centered around Loto-Quebec. This time Loto-Quebec was ordered to pay for therapy for gambling addicts. There was a class action lawsuit against the company and now the settlement they will be paying off is $50 million and will cover therapy for over 120,000 in the province. It will allot for about $5,000 per person per session of therapy.

This is just one example of how addictions may come back and harm companies that offer various forms of gambling. It is hoped that legislators will anticipate problems and be able to build safeguards and protective measures in to the code they draw up for legalizing online gambling before it comes about.