Braid: Alberta bets on dubious deal with internet gambling giants

Calgary Herald
Alberta legalizes online gambling with international companies like FanDuel and BetMGM, raising concerns about addiction and government revenue.

Summary

Alberta has legalized online gambling, allowing private companies such as FanDuel and BetMGM to operate in the province. The government will receive 20% of revenue from these platforms, with up to $76 million annually. While proponents argue for regulated entertainment, critics highlight risks of gambling addiction and the shift from past controversies around video lottery terminals. The move follows Ontario's precedent and involves efforts to address problem gambling through regulations and support services.

(Source:Calgary Herald)

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