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Bodog Foray Sparks Regulation DebatePublished October 15, 2009
Canadian regulation back in debate.
Following a move to Kahnawake servers, Bodog is now operating offshore and has started to accept Canadian players on its popular online casino, which offers poker, slots and a selection of table games. With the home market still shying away from regulation, the Canadian authorities will no doubt be looking into this development.
Canadian Entrepreneur Goes Back to his Roots
Bodog owner, Calvin Ayre, originally a Vancouver resident, is a renowned entrepreneur, having turned his online casino into a billion dollar global entertainment empire.
Spotlight on Outdated Laws
His decision to open up shop in Canada shows public contempt to the current gambling laws and is raising a few eyebrows. With no regulation in Canada, some are noting that legislation is not keeping pace with reality. The current legislative void means that there are no legal safeguards in place for Canadian punters and, in addition, the government is also missing out on millions of dollars of potential tax revenue.
With an eye on US discussions on regulation, the Canadian authorities will surely be lamenting such a big casino contravening state law.