Gambling limits raised for British Columbia
The British Columbian (BC) lotery will increase the weekly allowed lottery gambling limits for members of their online gambling site. Players who now log on to the state-run gambling site can now bet thousands of euros betting on lottery tickets, sporting events an a number of other gambling games.
The British Colombia Lotery Corporation (BCLC) is the state run lotery, they are planning to increase the maximum bet limits on their website. The maximum bet limit per week is now $120, BCLC will change this to $10,000 so players can determine the wager them self. Lotery officials say that the controversial decision was taken following an investigation, which confirmed that players themselves can safely determine what their personal limit is for online gambling. BCLC uses its online gambling site for the sale of lottery tickets, sports betting, to play bingo and poker. Higher limits mean also higher sales and improved revenue for the Canadian province. Lottery president Michael Graydon says: “It gives them the opportunity, based on their own economics, to be able to set what they’d like to do.” He added that the idea came from the company and not from the government. The possible increase in revenue is a fortunate side-effect, but not the reason for the change.” Since the introduction of the decision, it has seen lots of opposition. Opponents argue that raising the limit also increases compulsive gambling problems. “This has been done with no consultation, as I can see, with people who are concerned about problem gambling,” responded opposition member Shane Simpson. “It’s the government’s responsibility to ensure people are protected.” he added. The province’s annual revenue from gambling has held steady at about $1 billion, despite the recession.
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