Is an Influx of Online Gaming Operators Threatening Alberta Charities?

Views 14
Avatar Blake Meyer
Blake Meyer
1 vote
Is an Influx of Online Gaming Operators Threatening Alberta Charities?
Photo by Freepik
Alberta's new regulation of online gaming could cut income for local charities.

Alberta's plan to expand the online gaming market is raising concerns among charities and casinos. A model similar to Ontario's is expected to allow dozens of private companies to operate gambling sites, which could negatively impact revenues for traditional casinos and charities.

There is currently only one legal Play Alberta site operating in Alberta, operated by Alberta Gaming, Liquor and Cannabis (AGLC). However, new legislation (Bill 16) allows for the creation of additional online operators. That could jeopardize the province's unique charity gaming model, where organizations make money through casinos and other events.

Michael Thompson, director of the Alberta Charitable Casino Operators, believes the new rules could seriously cut income for the charities, which raised $255 million in 2022-2023.