The Crown Company, which oversees the gambling sector and provides an essential set of rules
Online gambling can soon become a reality in Alberta, bringing exciting opportunities to thousands of gaming enthusiasts across the state. Alberta Gaming, Liquor and Cannabis are taking the necessary steps to implement new services in the near future, and the first is, of course, to look into this area and find potential partners developing this new project that can be launched by the end of 2020.
Making games much more accessible through online and mobile services for the younger generation may be possible in Alberta with the help of recent measures in this direction. The Crown Company, which oversees the gambling sector and provides an essential set of rules, recently moved in this direction and considered introducing Canada-based online gambling to Alberta's residents. To make this possible, however, we will need to find the right partner to ensure future success.
Online gambling could soon become a reality This happened without much attention, but it still resonated across the industry, sending the message that Alberta was ready to give players something new. The offer request found companies willing to introduce technology and introduce the most advanced online gambling platform. The player's expectations are high and must be met by offers available in the state.
Within hours of the request, technology vendors were already expressing their satisfaction and ability to work on future online gambling opportunities in Alberta. Their names have not been released for the time being, but the proven interest shows that the sector is ready to welcome new proposals and that companies consider themselves competent enough to provide quality products. Canadians can burn about C$358 million a year on foreign online gambling sites, a significant amount of cash.
Alberta's game regulators strive to make it more convenient for local players to enjoy their favorite entertainment activities and support the community in the meantime. With the introduction of a local online gambling platform, much of the aforementioned cash is expected to be kept within state boundaries. This would essentially make Saskatchewan the only state still unable to provide local online games to residents.
CA$358 MILLION IN ANNUAL Mobile gambling is one of the more attractive development possibilities now because it has the element of easy access anytime, anywhere. Cell phones have become an essential part of our daily lives and for many people it makes sense that they are also used for gambling. Desktop gambling targets another segment of online gambling enthusiasts who prefer the convenience of PCs when gambling.
You can recall that in 2015, there were other attempts to introduce mobile gambling at the provincial level, and there were even predictions that it would be released before the end of the year. Considering moving at a dangerous pace, Crown Corporation has managed to take its first step. With the help of the tender, several companies submitted applications, but it became clear that the state was not ready for launch by December, which Treasury Secretary Josef Ci confirmed.
Now this second attempt could bring real results, especially in light of a recent earnings report issued by AGLC that shows video lottery terminals and slot machines saw their sales increase for the first time since 2015. They totaled C$1.736 billion throughout the fiscal year, a significant increase of C$4 million from C$1.732 billion in the previous fiscal year. This shows that players are willing to explore more interactive game opportunities.