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thx for your post
i don’t know yet what to think about it….is it as frightening as it it looks??
Say.. it is ruled that what they do is indeed illegal…
Sites would go down wouldnt they?
and we will be going down with them… ?I wouldn’t worry too much. Kawanakee is simply low budget licensing. Companies can still license offshore in Antigua or if they wish to target Europe in Malta which is where the big operatirs have all moved to lately.
About 5 years ago when I looked into purchasing a casino a license in Kawanakee the fee was 8k a month versus 15k for Antigua.
But this could explain why golden palace (golden casino) are having problems and bouncing checks left and right. This could also make it more difficult for the small operator, as they might not be able to afford licensing elsewhere.
This is worrying news, but I don’t think the sky is falling.
It would be good to know some more detail on the case, particularly why Golden Palace was singled out. Also of note is that GP were fined, not the KGC.
It could simply be a message to the KGC to reign in their operator’s behaviour a bit, because, as we all know, GP do like to push the envelope.
Anybody who has gone through the Kahnawake license process can tell you it’s a serious process, and definitely world class.
If the mention of “Schedule I” makes you sweat, you know what I mean
I have read the Malta documents pretty thoroughly, and it’s comparable.
Purely looking at a license fee is no way to judge the validity of a juristiction.I can get licensences in the Philipines, or Mongolia for a price… but that doesn’t change the fact they’re (in my (biased) opinion) both sub-par juristictions.
Nevertheless, this case is somewhat worrying.
Any Canadians want to comment on how this has been covered locally ?
It has been BARELY news here…many don’t care about gambling news like that here. It’s all about the weather at this time of year. I might be wrong, but haven’t heard much on TV/RADIO.
