According to International Game Technology, its Powerbucks and Wheel of Fortune slots paid three million-dollar jackpots or more in North America during the month of June. With this fresh round of jackpots, IGT Powerbucks has officially given out its 50th prize in Canada worth more than $1 million. The following jackpots were won last month […]
Although gambling is a common pastime in Canada, few people are aware of what happens when you win the big one. Taxes, which can occasionally sneak up on you, are probably the last thing on your mind while putting a wager on the poker table. When is that, though? And are gambling winnings taxed in […]
Gambling in Canada is by far one of Canada’s most sought-after entertainment formats of late. However, if you’re into the fray of gambling, you must be aware of the factors affecting your gambling experience in the country. The Elements that Guide Gambling Quality in Canada The elements which you must look for in order to […]
Sportsbook franchisees are now demanding Quebec to be the next legalized sports betting jurisdiction in Canada. A syndicate of eight Canadian Sportsbooks formed the Quebec Online Gaming Coalition in May to influence the authorities to license private players to enter the territory. The frontline members of QOGC include DraftKings, Bet99, Entain, Rush Street Interactive, a […]
Although gambling is a common pastime in Canada, few people are aware of what happens when you win the big one. Taxes, which can occasionally sneak up on you, are probably the last thing on your mind while putting a wager on the poker table. When is that, though? And are gambling winnings taxed in […]
Sports betting has been legal in Canada since 2021, but the rules on how it can be advertised do not exist. Senator Marty Deacon proposed legislation incorporating a national framework regulating sports betting advertising across the country. Bill S-269 was introduced on the Senate floor on Tuesday. Why is S-269 in Discussion? The current sports […]
The Canadian government has introduced a new bill to amend the current status of online gambling in the country. Senator Tannas headed the committee introducing S-268, which amends the Indian Act Section 207 of the Criminal Code. It allows First Nations exclusive authority to license, manage and conduct gaming activities on their relevant territories. Mohawk […]
Online gambling in Canada has become one of the most sought-after entertainment formats for numerous citizens. Some have even taken to professional sports betting to maximize their skills and talents. If you aspire to be a professional bettor someday, then knowing the laws, prizes, and taxes is paramount. Exploring Gambling in Canada Canada has become […]
With the boom of the online gambling industry, regulators have sensed a need to introduce new legislation to guide and safeguard the interest of players in Canada. The most recent development came in the form of a bill that expands the rights of First Nations in the gaming industry in Canada. Last month, Senator Scott […]
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