Category: Archived News

OLG Calls for Ottawa Casino Bidders

The OLG has been in negotiations with communities, operators, and the Ontario government about its new casino strategy that is set to begin in 2013.  Several communities have already voted both for and against the proposal, with Ottawa leading the pack in casino talks.  In November Ottawa voted its support for the OLG to begin…

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Grey Cup Final Tough Call to Bet On

Gamers who placed early bets on the CFL Grey Cup contenders have likely lost much of their wagers.  The 100th Grey Cup Final is all set to take place on Sunday November 25 in Toronto between two teams that the odds once said would be unlikely to be the last two teams standing.  The Calgary…

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Real Estate Development Group Says Investment Depends on Casino

 The city of Toronto holds many stylistic features in each of the neighbourhoods that collectively make up the GTA.  For residents and tourists especially, Toronto is most significantly recognized by its downtown core comprising unique buildings like the CN Tower, surrounded by the rest of downtown that is perpetually a construction site.  Urban development continues…

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ALC Encourages Responsible Gambling

The cost of post-secondary education is rising. Tuition, textbooks, transportation and living expenses add up quickly, leaving many students to seek out additional income in less conventional ways. With the advent of online gambling, many students started seeking their fortune from online poker – and a new program by the Atlantic Lottery Corporation aims to…

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Loto Quebec Revenue Drops

Despite its successful foray into the online gambling world, Loto Quebec is having a difficult time generating a profit increase. According to recent reports, the Canadian lottery provider has experienced a significant loss in profits, equalling 7.2%.   Overall, Loto Quebec’s year-on-year earnings fell to $304.9 million. The company also noted that the loss could…

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Infographic Highlights the Growth of Online Gambling

The online gambling market is one of the fastest-growing internet industries. Over the course of the past few years, it has become worth billions worldwide. A new infographic by Silicon Republic examines just how impressive online gambling’s growth has been. According to the infographic, the worldwide value of online gambling was $30 billion in 2011.…

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