Online Casino Transfer: News - No Cooperation

02/12/2010		Online Casino Style: News No Cooperation - 2
Home History Games News Dictionary		continued from No Cooperation - 1 Though his statement came off as rather insulting, the backers for the Loto Quebec initiative continue to believe that the online gambling market in Canada is big enough for both organizations to be successful. There is admittedly a large population in the internet casino community that seem to fail to understand why there was such a lack of communication between the two businesses, but regardless, only time will tell how the market will react with the powerful groups working as competitors in such close range. And the Kahnawake seem to be willing to talk, still, should Loto Quebec choose to pursue a partnership. The MCK statement did acknowledge that talks are in place for the duo to collaborate on some economic development ventures later this year, with Quebec agreeing to develop fiscal arrangements to make sure their new business doesn’t send the Kahnawake under ground. A cross-over is nearly unavoidable, as the Canadian online gambling market expands. With Loto Quebec becoming a viable operator for some of the world’s most popular internet casinos, such as Full Tilt Poker, Ultimate Bet and Poker Stars – but all of those sites still need to be regulated and licensed for operation from regions like Gibraltar, the Isle of Man, and even Kahneawake. Just because residents will now be allowed to access the sites, doesn’t change the regulation laws for their hosting services. Cooperation is inevitable, some say, otherwise the pair will destroy one another in the open market, ensuring that neither can accomplish any significant measure of growth or success. "Instead, Quebec has chosen to continue its implicit demonisation of Kahnawake. This is truly disappointing and, unless Quebec reconsiders its position, will certainly color the relations that Kahnawake and Quebec seek to maintain in other areas,” concludes the statement.

02/12/2010

Online Casino Style: News
No Cooperation - 2

continued from No Cooperation - 1

Though his statement came off as rather insulting, the backers for the Loto Quebec initiative continue to believe that the online gambling market in Canada is big enough for both organizations to be successful. There is admittedly a large population in the internet casino community that seem to fail to understand why there was such a lack of communication between the two businesses, but regardless, only time will tell how the market will react with the powerful groups working as competitors in such close range.

And the Kahnawake seem to be willing to talk, still, should Loto Quebec choose to pursue a partnership. The MCK statement did acknowledge that talks are in place for the duo to collaborate on some economic development ventures later this year, with Quebec agreeing to develop fiscal arrangements to make sure their new business doesn’t send the Kahnawake under ground.

A cross-over is nearly unavoidable, as the Canadian online gambling market expands. With Loto Quebec becoming a viable operator for some of the world’s most popular internet casinos, such as Full Tilt Poker, Ultimate Bet and Poker Stars – but all of those sites still need to be regulated and licensed for operation from regions like Gibraltar, the Isle of Man, and even Kahneawake. Just because residents will now be allowed to access the sites, doesn’t change the regulation laws for their hosting services. Cooperation is inevitable, some say, otherwise the pair will destroy one another in the open market, ensuring that neither can accomplish any significant measure of growth or success.

"Instead, Quebec has chosen to continue its implicit demonisation of Kahnawake. This is truly disappointing and, unless Quebec reconsiders its position, will certainly color the relations that Kahnawake and Quebec seek to maintain in other areas,” concludes the statement.