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Ontario to Launch Online Gambing

August 11, 2010
The Province of Ontario is following the lead set by the British Columbia government in offering its residents an online gambling website. The government claims that a billion dollars is being spent by Canadians gambling on the internet. The government now wants a piece of this action.

The Ontario Lottery and Gaming Corporation will be responsible for being head of the online gaming website. However, the operations will be handled by a private company. The issue of security arises as was demonstrated by the latest BC government's fiasco when confidential information was jeopardized on its gambling website. A few individuals accounts were affected as someone other than the registered account holder was able to access their account in BC.



The Ontario government says that the new gambling website will cost a lot of money and will not even be profitable for five years.

The BC online gambling website seems to be setting a precedent for other provinces to follow.

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