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One of the main perks of online gambling, which Canadians of Nova Scotia and the eastern Atlantic region can most definitely appreciate, is that it does not require you leave the comfort and warmth of your home to place a bet. This is an advantage Canadians are so much closer to enjoy, so it seems. Another advantage the a legal and regulated online gambling market in Canada will bring is visitors from the south of the border - people who live a driving distance away and who will cross the border to place their bets until the day online gambling is legalized again in the US.Based on the latest move by the Atlantic Lottery Corp. of Nova Scotia, Canada may be preparing to legalize its market. What's NewThe Atlantic Lottery Corp. is seeking to hire a software developer to build a sports betting platform for the company to serve the Atlantic region. On its website, the Atlantic Lottery Corp. posted the following announcement: "In order to remain relevant to our players we must deliver what the player wants in the safest and most entertaining way possible." Canada may see 6-8% of an estimated $50 billion over the next 10 years, according to estimates and a recent PricewaterhouseCoopers report on Internet sports betting in the US. CommentsCourtney Pringle, from the lottery's New Brunswick offices only commented saying the tendering process is confidential: "At this point in time, there are no details I can discuss." The bidding closes May 6. On the opposition one can find Nova Scotia Legislature member Michel Samson who was quick to question whether controls would be in place to protect minors, though such concerns have been raised - and dealt with - in the past across the Internet.
The implementation of the effective ban on Internet gambling in the United States has been delayed by half a year following an announcement Friday by the Treasury Department and Federal Reserve. The two agencies said the rules, which were supposed to come into effect on Tuesday, would be delayed by six months until June 1 next year. The outgoing Bush administration had passed regulations to enforce the 2006 Unlawful Internet Gambling Enforcement Act shortly before leaving office at the end of 2008, and had set December 1 as the date in which financial institutions would have to begin enforcing the law, which outlawed the transfer of funds from financial institutions to gambling websites. But the latest move came following heavy opposition from pro-gambling groups and from the financial industry, which sought a one-year delay on the implementation because it said the law was not clear on what constitutes online gambling. The Treasury and Federal Reserve said in their joint statement that several Congressmen had pushed for the delay on the basis that there was enough support for new legislation trying to clarify the uncertainty over the UIGEA. Democratic congressman Barney Frank, who recently introduced the HR 2267 and HR 2266 bills in a bid to overturn the UIGEA, backed the delay, saying: ""This will give us a chance to act in an unhurried manner on my legislation to undo this regulatory excess by the Bush administration and to undo this ill-advised law."
In a potential bout of heavyweight proportions, animal rights group PETA has put itself into the ring against controversial former boxing champion Mike Tyson. The People for Ethical Treatment of Animals has alleged that Tyson's new reality show about pigeon racing involves cruelty to animals and illegal gambling. Official ComplaintPETA outlined the allegation in a letter March 18 to the Brooklyn district attorney's office calling for an investigation into the pigeon races. Tyson, who has raised pigeons all his life, will train and participate in races as part of the show, to be broadcast on Animal Planet in 2011. Animal Planet, a television network that advocates animal rights, denied PETA's allegations, with a spokeswoman saying that the birds "are cherished and respected by their owners, including Mr. Tyson." "There have never been any plans for wagering on the pigeon race," the spokeswoman said, adding that the show is just an inside look at "the intensely competitive and bizarrely fascinating world of pigeon racing." PETA RepeatsThe folks at PETA are not shy from complaints against high-profile figures. Last June, the organization attacked US President Barack Obama after he was filmed swatting a fly during an interview with NBC at the White House. In response to this latest complaint from PETA, a spokesman for the Brooklyn district attorney said that they are "looking into" the matter described in the letter.
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A new study by Swinburne University journalism students has found that gambling taxes are set to bring the Victorian state government more than $74 million in extra revenue in 2010/11. The students, who conducted the study in a joint project with online political magazine Crikey, made the findings after scrutinizing more than 200 annual reports of state government departments and statutory authorities. Hefty Tax Revenue The projected figure of $74 million is up 4.5% on the figures from 2008/09. The figure was published in a state government report in which it was also said that gambling taxes accounted for around 10% of Victoria's tax revenue. The report labeled the surprisingly high figure as "partly problematic," noting that a high proportion of it was made from gambling addicts. The report went on to say that because the government was profiting from gambling taxes, it took away incentives to introduce ways to reduce the rate of problem gambling. Gambling Tradition Victoria has traditionally relied heavily on gambling taxes, even when compared to other states. In 2005/06, gambling taxes accounted for 13.4% of total tax revenue in Victoria, which was equal with the figure in South Australia and more than the figure in the other four states. In the same period, state and territory government collected around $4.7 billion in gambling taxes.
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