Video Lottery Terminals (VLTs) and slot machines have become popular in Canadian casinos. There are even several venues in Ontario dedicated solely to offering electronic gaming to players. However, the OLG has determined that these locations are simply not profitable enough to keep open. As such, the Ontario Lottery and Gaming Corporation has decided to…
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This week, the OLG announced new plans to modernize the province’s gaming market, and building a new casino in the GTA is among the changes that will be made in Ontario. The planning and construction of a new casino could take up to six years, so the OLG is considering creating a temporary gambling site…
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It wasn’t long ago that we thought Cryptologic was close to bankruptcy. The online gaming developer, which powers sites like InterCasino, had many problems last years, but things are finally beginning to look up for the company. Following an acquisition by Amaya Gaming, Cryptologic has posted its first profit increase in over five years. In…
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It is always so inspiring to see online gambling companies getting involved in the community. In most countries, gambling revenue is used to fund a wide range of charitable initiatives, but it is great to see some companies doing it on their own. Microgaming is one of these companies, having just donated to a heart…
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As a Canadian, you probably can’t imagine sitting down to watch a sports event without a pint of beer. Even when you see a game live, having a brew is certainly a huge part of the experience. While it certainly is a part of the Canadian sports experience, the same seems to go worldwide. In…
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Gambling addiction is becoming a more and more prevalent problem in Canadian society. As such, researchers across the country are trying to determine the causes of problem gambling in order to come up with effective ways to deal with the issue. A recent study has concluded that scratchcards may be to blame, acting as a…
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A recent report in The Canadian (Agora Cosmopolitan), an editorial expressed the other side of the issue, one in which residents do not support additional gambling activities. While politicians believe that regulation would be safer for citizens, some Canadians think the complete opposite. They believe that legalizing additional forms of gambling in Canada would be harmful…
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With the news that the American government is changing its tune about online gambling, investors across Canada and the United States are scrambling to buy up gambling stocks. Under the impression that online gambling is going to experience a boom, the decision to buy gambling stocks and shares seems to be a worthwhile investment. Some…
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Many changes have been taking place in the stock market when it comes to online gaming. Gambling companies like PlayTech have been re-pricing their shares, and other gaming operators are now considering their entrance into the global stock exchange market. Zynga is one of these companies, currently planning to go public. Zynga has announced that…
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It has been a long time coming, but Full Tilt Poker is finally seeing the light at the end of the tunnel. It has recently been announced that the American Department of Justice has approved an acquisition deal that will allow Groupe Bernard Tapie to take over FTP and repay all of the online poker…
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