Braid: Alberta bets on dubious deal with internet gambling giants
Welcome to “Thrillberta.”
That’s gambling giant FanDuel’s joyous nickname for Alberta, flashed on its website the first day of unlimited internet betting in the province.
Braid: Alberta bets on dubious deal with internet gambling giants Back to video
FanDuel, BetMGM and 20 other private gambling sites are now legal.
Their ads are already everywhere on TV during hockey games and other sports events.
The massive international pressure campaign is winning.
These companies have been sucking fortunes out of jurisdictions via the so-called grey market.
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After that starts to hurt, the next step is to buy their way in. It worked in Ontario, and now, here they are in Alberta.
How far we’ve fallen since the innocent days when video lottery terminals were wildly controversial.
In return for access to the lush Alberta market, the UCP government gets 20 per cent of the companies’ provincial revenue.
The government says up to 70 per cent of Alberta gambling money went to these........
