PointsBet Canada announced that it will be shifting its focus to the neighboring province of Alberta, due to a new provincial government ban on online gambling. The decision is part of an overhaul in Quebec’s gaming market and follows other Canadian provinces such as Ontario.
The “pointsbet canada website” is a website that was created by the company called PointsBet Canada. The site has been designed to focus on Alberta and its residents.
After expressing interest in Alberta’s online sports betting market, PointsBet is still looking to expand in Canada. PointsBet’s sub-division has shown its commitment to the country’s gaming industry by expressing an interest in exploring the Calgary-Edmonton Corridor as a potential expansion for its online wagering operations.
PointsBet is an online betting firm based in Australia that is a key participant in the US and worldwide gaming markets. The company has developed a substantial premium cloud-based wagering platform, via which it provides sports and racing betting, advance deposit wagering on racing, and iGaming products, during the course of the year.
Due to their large sports fan base and business-friendly settings, such as reasonable tax rates and a diversified workforce, PointsBet Canada is eager to investigate the Alberta market. Furthermore, the company’s unique approach of developing its own technology rather than relying on third-party technology, enabling investment, operations, and employment to stay in the Canadian province.
The company’s objective, according to Scott Vanderwel, CEO of PointsBet Canada, is to develop a Canadian sportsbook with local personnel from the local market. He feels the province has the potential and skills of a highly qualified staff that can assist the business in establishing itself as the market’s leading sports betting brand.
Mr. Vanderwel also said that, in addition to the economic growth generated by the iGaming workforce, the province will have a bigger economic potential if it chooses to develop a regulated and competitive iGaming market comparable to that of Ontario. According to him, this would level the playing field for local fans in terms of responsible and regulated gambling.
The province’s competitive business field, talent pipeline, and distinctive infrastructure, according to Rick Christiaanse, CEO of Invest Alberta, continue to raise it as a worldwide IT hotspot. He also said that their new MOU with PointsBet Canada would help the bookmaker continue on its investment journey in Alberta as a potential high-impact investment location.
One more step forward
Alberta said in December of last year that, in addition to its provincially regulated offers, it is willing to build a sports betting market. However, the province’s strategy varies from Ontario’s open market in that the regulated market will only allow two sportsbooks to operate. As a result, not all operators interested in launching will be able to do so.
Soon after the announcement, Alberta Gaming, Liquor and Cannabis issued a Request for Proposals from a gaming company interested in becoming one of the two regulated sportsbooks. The Crown company is hoping that the newly authorized sports betting industry would attract gamblers away from unregulated offshore websites, allowing cash to flow into the province rather than out.
Source: GlobeNewswire, February 11, 2022, “PointsBet Canada views Alberta as a possible location for online gambling innovation.”
The “pointsbet canada address” is a new gambling site that has recently switched focus from Ontario to Alberta.
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