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Alberta’s Online Gambling Revenue Risk | Calgary News
Alberta’s new online gambling market, launching July 13th, promises big government revenue—but experts warn most of that cash could leak overseas. Modeled after Ontario’s system, it risks a net economic loss because operators are mostly foreign-based, leaving little money circulating locally. While Minister Dale Nally projects $76 million in Year 1 with 20% going to Alberta, researcher Robert Williams argues the province could capture 50% and still thrive—if it learns from Ontario’s pitfalls. The real test? Keeping players—and their money—home while tackling rising problem gambling. Listen in…
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