Loto-Quebec to offer online gaming
Posted by Jose Alvarez on February 3, 2010
The Government of Quebec announced today that it has decided to allow Loto-Quebec to offer online gambling services.
Minister of Finance Raymond Bachard said the provincial government took this decision last week in order to fight an already existing underground online gambling economy.
“Loto-Quebec is being given the responsibility of working to redirect this already existing but illegal gaming activity to a site that is secure, legal and trustworthy,” Bachard said.
Illegal online gaming, has increasingly become a problem for Loto-Quebec, which has seen a decrease in its profits.
“By channeling online gaming, Loto-Quebec will be able to keep a significant part of money here in Quebec by returning the entirety of its profits to the QUebec government and community, just as it does for its other operations,” said Loto-Quebec’s CEO Alain Cousineau.
Loto-Quebec announced it is already working on its online gaming website which is scheduled to be up and running this Fall.
