New Brunswick ‘exploring options’ to allow private online gambling
Summary
The Holt government in New Brunswick is "exploring options" to regulate private online gambling operators, potentially ending Atlantic Lotto's monopoly. Finance Minister René Legacy confirmed that government is considering change as online gaming evolves, though no timeline was provided. The province is losing millions in revenue to illegal online gambling, with Atlantic Lotto estimating over $250 million annually is siphoned from Atlantic Canada. Michael Naraine, an expert in sport management, argues that doing nothing is a losing game, comparing the situation to cannabis legalization, and suggests developing a regulatory framework with safeguards, possibly partnering with Quebec. Molly Cormier of the Canadian Alliance for Responsible Gaming emphasizes the need for strong safeguards in any system. Atlantic Lottery spokesperson Greg Weston acknowledged that any change would be decided by provincial shareholders, but noted that illegal operators are attracting significant revenue without contributing to provincial revenues. The government is monitoring approaches in other provinces as it considers how to maintain a safe and regulated gaming environment.
(Source:The Tj News)