Tagged With "Ford"
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In the news: (CBC) Ford government could lose $2.8B over 5 years in online gambling bet, confidential report warns
A CBC article published today outlines how the Ontario government could lose up to $550 million in annual revenue with the arrival of the online gambling market in Ontario ($2.8 billion over the next five years). The projections, outlined in a private and confidential report to one of Canada's largest gaming companies, suggests that the province is set to lose money due to individuals spending more money on online gambling and moving away from land-based casino gambling (the taxation rate is...