Alberta's online gambling scene is something approaching a 50-50 proposition at the moment.
Approximately 55% of Alberta’s iGaming market may be in the hands of online sports betting and casino operators who are not regulated by the province and not authorized by local officials to do business there.The good news for Alberta regulators and policymakers is that a government-owned online sports betting and casino gambling site is estimated to have captured nearly half of the iGaming market in the province.
“We would suggest that the remaining market that's there is the illegal market,” said Dan Keene, vice president of gaming at the AGLC, in an interview with Covers last week. “We don't refer to it as the grey market. The only legal site in Alberta, of course, is Play Alberta.”Nevertheless, Play Alberta has seen its online gambling business grow recently, according to the AGLC. The site now has more than 313,000 registered player accounts and took an estimated $5.
Those states have competitive markets for legal sports betting, with multiple online operators accepting bets. Alberta does not have the same setup, although that may change over the coming months, giving the AGLC some legal competition in addition to the illegal rivals it already faces. annually with"unregulated, grey market websites" before the province's new iGaming market launched, or about 70% of such spending. The province's attorney general said in April of this year
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airbus debuts its half-plane, half-helicopter to the publicAirbus’ Racer hybrid helicopter and airplane demonstrator took its first test flight. It promises fast travel for first responders.
Read more »
This Bonkers Half-Helicopter, Half-Airplane Just Completed Its First FlightAirbus's experimental Racer Helicopter is designed for speed but is 20 percent more fuel efficient than an aircraft flying 50 mph slower.
Read more »
Climate Policy: A Glass Half-Full Or Half-Empty?Nives Dolsak is Stan and Alta Barer Professor in Sustainability Science and Director of the School of Marine & Environmental Affairs. Aseem Prakash is the Walker Family Professor and the Director of the Center for Environmental Politics. Both are at the University of Washington, Seattle.
Read more »
Caitlin Clark returns for 2nd half against Sun after apparent left leg injury in 1st halfCaitlin Clark returned for the start of the second half of the Indiana Fever's game against the Connecticut Sun after what appeared to be an injured lower left leg in the first half Monday night. She was hurt after running into a pick with 5:37 left in the first half and stayed down, grabbing toward her lower leg. When play stopped, the No.
Read more »
A pedal-electric hybrid that's half bike, half carCreated in Germany, Hopper Mobility's Hopper is a sleek, semi-enclosed, car-like three-wheeler that allows drivers to avoid traffic and travel in bike lanes.
Read more »
Kylie Jenner Wore the Most Stylish Half Flip-Flop, Half Mule Sandals — See PhotosKylie Jenner has found the most stylist summer shoe in a hybrid style of flip-flops and mules from Sergio Rossi.
Read more »