Online Casino Style: News - Gambling More Popular than Drinking, Electricity

09/13/2010		Online Casino Style - News: Gambling More Popular than Drinking, Electricity
Home History Games News Dictionary		A new study demonstrates with numbers just how important the realm of online gambling is to the residents of Canada this week, as a survey published by the National Post has gambling as above drinking for the generation of revenues. The study was conducted in the Alberta province, where apparently, the past time of betting is so popular that it, along with drinking alcoholic beverages, generate as much as money as energy resources like natural gas and crude oil. The revenues from gambling in Alberta came to a very impressive Cdn $1.3 billion, with alcohol coming in behind, making just $700 million, comparatively. According to the article in the National Post, oil and gas revenues were way down this year, dropping tremendously from $6 billion for natural gas four years ago to just $1.9 billion this year. Crude oil income is expected to be about the same as gas, showing a huge drop from recent periods. The numbers are nearly all based on estimates generated from current trends, noted the National Post, with the closure of the 2009-2010 fiscal year close at hand. The meaning of such trends – that drinking and gambling are just as important as energy resources to residents – has yet to be analyzed by experts. It does go a way to explain why the Canadian governments are so eager to legalize internet gambling. In fact, the money generated through alcohol and gambling is key for many social programs, with funds from the Alberta Lottery Fund being distributed to dozens of organizations across the nation. "It's a reliable source [of revenue] and they depend on it. That's the worrisome thing," Robert Williams, a coordinator with the Alberta Gaming Research Institute, told the newspaper. He added that Alberta residents spend more than their neighbors as well, topping the list of per-capita gamblers in all of Canada. On average, $951 is spent per person, according to 2009’s statistics.

09/13/2010

Online Casino Style - News:
Gambling More Popular than Drinking, Electricity

A new study demonstrates with numbers just how important the realm of online gambling is to the residents of Canada this week, as a survey published by the National Post has gambling as above drinking for the generation of revenues. The study was conducted in the Alberta province, where apparently, the past time of betting is so popular that it, along with drinking alcoholic beverages, generate as much as money as energy resources like natural gas and crude oil.

The revenues from gambling in Alberta came to a very impressive Cdn $1.3 billion, with alcohol coming in behind, making just $700 million, comparatively. According to the article in the National Post, oil and gas revenues were way down this year, dropping tremendously from $6 billion for natural gas four years ago to just $1.9 billion this year. Crude oil income is expected to be about the same as gas, showing a huge drop from recent periods.

The numbers are nearly all based on estimates generated from current trends, noted the National Post, with the closure of the 2009-2010 fiscal year close at hand. The meaning of such trends – that drinking and gambling are just as important as energy resources to residents – has yet to be analyzed by experts. It does go a way to explain why the Canadian governments are so eager to legalize internet gambling. In fact, the money generated through alcohol and gambling is key for many social programs, with funds from the Alberta Lottery Fund being distributed to dozens of organizations across the nation.

"It's a reliable source [of revenue] and they depend on it. That's the worrisome thing," Robert Williams, a coordinator with the Alberta Gaming Research Institute, told the newspaper. He added that Alberta residents spend more than their neighbors as well, topping the list of per-capita gamblers in all of Canada. On average, $951 is spent per person, according to 2009’s statistics.