Soon, Alberta will allow more people to officially operate in internet gambling, which is similar to how things work in Ontario.
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Things are about to change a lot when it comes to online gaming in Alberta. Play Alberta, which is run by Alberta Gaming, Liquor and Cannabis (AGLC), is the only allowed online gaming site in the state right now. But changes to the law in the last few months are making the market more diverse and competitive.
The provincial government passed Bill 16 in May. It’s called the Red Tape Reduction Statutes Amendment Act, and it lets private companies regulate and keep an eye on iGaming activities. It is hoped that this will bring Alberta’s online gaming business in line with those of other governments, like Ontario, which already uses a controlled model with multiple operators.
While the specifics are still being worked out, here are some things that Alberta’s new online gaming system might include:
Putting in place rules for the market could have several benefits, including:
In Ontario’s first year of legalized online gambling, overall gaming earnings reached $1.48 billion.
Sites that are regulated usually offer better player rights than “grey market” sites that are based abroad.
The goal is to get players to switch from sites that aren’t controlled to ones that are, so they can play in a better setting.
But experts are also worried about the possibility of more people developing gaming problems and the need for strong protections.
The government is going forward with plans and discussions, but there is still no set date for the start. Dale Nally, the minister, said that the province will move quickly once the framework is set.
As Alberta gets ready to start offering online gambling, Rather Dashing Games will keep an eye on what’s going on and let our players and the gaming community as a whole know how these changes may affect them.