The AGLC is planning to expand into the online gambling business. It will make things better for the players in the province. It is also looking for contractors so that it can start offering online services. It is not willing to let the foreign operators walk away with all the profits in this booming sector. It also wants to make online gambling less risk prone in Canada.
AGLC spokeswoman Angelle Sasseville said the entity wants to thwart the residents of Alberta from getting mired in risks of using unregulated and offshore casino sites. AGLC wants to offer the residents of the province safer and reliable online gameplay options.
The existing online casino laws of Alberta really don't offer provincial casinos. So, the AGLC can show a path by coming up with its online gambling establishment. This eventually will thwart the minors from getting involved. The online gambling site may also be useful for educating the consumers and helping them to evade the pitfalls of online gambling.
An online gambling presence will help the AGLC to safeguard its gaming revenue worth $1.4 billion. The head of AGLC, Bill Robinson said the online gambling move has got nothing to do with falling price of hydrocarbons.
As of now, over $350 million gets wagered by Albertans on unregulated gambling sites. It is too early to estimate how the proposed move will impact the revenue. Potential service providers will have to submit their proposals before the end of February. The AGLC will choose a suitable contractor by June this year. The regulator has plans to have a functional gambling website by 2020.
The effort to set up a presence in the online gambling sector comes after another AGLC regulatory onslaught which was launched in response to Canada’s legalization of cannabis last year. Alberta is going to join the league of other provinces in Canada like Ontario, Quebec, Manitoba whose governments offer online gambling websites.