Casino News: Quebec getting ready for sportsbetting and online poker

Quebec getting ready for sportsbetting and online poker

 November 18, 2009, 10:48 am (8 years ago)
The president of Loto Quebec, Alain Cousineau, announced in a speech to the Montreal Board of Trade on Tuesday that his group is ready to make a courageous action into online gambling, at least to the extent that online poker and sportsbetting is concerned.

According to the Canadian Press reports, around next summer, the company is going to be providing its clients with online poker and sports betting. Loto-Quebec is getting ready to work together with the lottery corporations in 5 additional Canadian provinces that previously provide online services, especially British Columbia and the four Atlantic provinces.

According to the news agency, studies indicate that in 2009, online gambling signified a global market of $25.3 billion, a 300 % rise since 2004. In Canada, annual increase of 30 percent has been marked since 2003, and experts see online gambling transactions to reach beyond $1 billion a year by 2012.
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