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Alberta’s Sports Betting Negotiations: The Waiting Game Continues
Sports enthusiasts in Alberta had high hopes for expanded betting options in 2022, but it seems that their dreams are still on hold. The Alberta Gaming, Liquor and Cannabis Commission (AGLC) made a promising announcement last December, stating their intention to allow two private operators to run sports betting, with the possibility of mobile extensions, at major sports venues across the province. However, the names of these operators remain a mystery.
Originally, the Request For Proposals (RFP) process was supposed to conclude on January 31, but it was extended until February 14 to give operators more time to submit their bids. Since then, regulators have maintained radio silence. “We’re continuing to work through the negotiation process. However, we’re still expecting to make an announcement this fall,” reassured Karin Campbell, AGLC’s manager of communications.
What makes Alberta’s approach unique is its decision to limit the market to only two private sportsbook operators initially. This move was touted as a way to expedite the introduction of private sports betting services in the province. “By opening retail sports betting up to two proponents now, AGLC is able to bring this service to sports fans in Alberta earlier in 2022,” explained President and CEO Kandice Machado during the December news conference.
However, with the NFL season already underway and the NBA and NHL regular seasons set to open soon, it appears that Alberta’s regulators are unlikely to meet their goal of expanding sports betting options this year. Fans had envisioned the excitement of placing bets during events like the Labour Day Classic or the Battle of Alberta, but it seems they will have to wait a bit longer.
Before the December announcement, the AGLC had preliminary discussions with four professional sports teams in the province about setting up sportsbooks in their respective venues. But without any news on winning vendor bids, the prospects for additional sports betting options by year-end appear bleak.
Currently, AGLC’s PlayAlberta website stands as the only legal online sportsbook in the province. SPORT SELECT, operated by the Western Canada Lottery Corporation, is also available for local retail sports bettors.
So, what’s causing the delay? Industry insiders cite several reasons. “There’s a lot of interest, but there are a lot of challenges with the RFP,” said one source. “The stakeholders that could be allowed to participate in the retail sportsbook or mobile extension, they had asked the government for something different.” They had proposed forming their own partnerships and then letting the government regulate to introduce more competition. This approach has raised concerns and is considered a roadblock in the negotiations.
Unlike other provinces in Canada, except Ontario, which uses government-owned lottery and gaming corporations as the sole legal providers of sports betting, Alberta’s two-operator approach stands out. Ontario has fully embraced private expansion with its regulated iGaming and sports betting market. By April 4, there were already 40 online gambling sites live in the province, with that number expected to rise.
The population of Alberta, with around 4.5 million people, makes it the fourth-most populous province in Canada. A 2020 survey revealed that Albertans spend over $100 million (CAD) annually on offshore sports gambling websites and daily fantasy sports operators. These new private operators will have to contend with the existing gray market and provincial gaming corporations.
One industry source suggested that Kambi, which powers many popular U.S. sportsbooks, would be a natural fit for AGLC in Alberta. The British Columbia Lottery Corporation, which operates PlayNow online gambling platforms in Manitoba and British Columbia, and will soon launch in Saskatchewan, is also seen as a contender for a winning bid. Rumors also suggest that PointsBet, BetMGM, Caesars, DraftKings, and FanDuel have expressed interest, although none has confirmed their participation.
Notably, the AGLC is part of a coalition of five provincial gaming corporations that are taking a stand against illegal online gambling. They are calling on the federal government to collaborate with provincial jurisdictions to protect Canadians from black-market operations and are protesting the use of “free-to-play” advertising tactics by illegal operators.
The dream of expanded Alberta sports betting remains just that—a dream, for now. Sports fans will have to keep waiting, hoping that their province’s regulators can iron out the challenges and bring them the thrill of legal sports betting in the near future.
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Understanding Slot RTP and Variance: Which Slot Game Is Right for You?
When it comes to playing slots, luck plays a huge role, but there’s more to winning than just spinning the wheels. Checking the variance and RTP of a slot game beforehand can help you find one that matches your style and strategy. Whether you’re a casual player or chasing a jackpot, understanding these factors can improve your experience. For Canadian players looking to try their luck, Tenexcasino.com is a top choice among crypto casino sites, offering a great platform to explore these games.
What is RTP?
RTP or Return to Player shows how much of the money you bet goes back to you over time. It also shows you the “house edge,” or how much of your money goes to the casino over the same period. If a slot has an RTP of 90%, 90 cents of every dollar you bet goes back to you. The remaining 10 cents is the “house edge” or the profit the casino will likely make.
RTP is measured over time and doesn’t tell you what will happen with each spin. But it can tell you which slot games to pick if you want to minimize risk.
What Is Slot Variance?
Variance also shows the risk of playing each slot game. But unlike RTP, it determines how often you can expect to win and the average size of each payout. Will you see small, frequent wins or rare but potentially huge payouts?
Depending on your preference and budget, you can opt for low, medium, or high-variance slots. Low-variance slots offer frequent but smaller payouts, medium-variance slots provide a mix of frequent smaller wins and occasional bigger winnings, and high-variance slots give rare but significant payouts.
What’s the Right Type of Right Slot Game for Me?
Variance and RTP can help you select the slot games that suit your style and the risk you’re
willing to take.
High RTP Slot Games
High RTP games are an ideal choice if you’re on a small budget. They will give you the best chance to build your bankroll and get more from your investment. You should look for games with at least 97% RTP, like Mega Joker (99%), Codex of Fortune (98%), and Starmania (97.87%).
While these games ensure you get more of your money back in the long term, they won’t necessarily help you maintain your bankroll. If that’s what you’re looking for, you should ensure the slots also have low variance.
Low Variance Slots
Low-variance slots are a perfect choice if you’re looking for steady gameplay with minimal risk. They allow you to play longer without large swings in your balance. But it’s not without its thrill.
If you like frequent wins, these games certainly keep the excitement alive. Some of our favorite low-variance games are Starburst, Jack Hammer, and Blood Suckers.
Medium-Variance Slots
These are a sweet spot. Medium-variance slots are perfect if you want steady payouts with the occasional thrill of big wins. They allow you to avoid the risk of high-variance slots while enjoying some of the excitement. Temple of Iris, Wolf Gold, and Golden Winner are great medium-variance slots worth checking out.
High-variance Slots
High-variance games are your best bet if you dream of hitting the jackpot. The risk is undoubtedly high, but you can win a massive payout. However, these slots may not be the best choice for prolonged gaming sessions. They can, however, provide convenient and enjoyable entertainment when traveling or during your lunch breaks.
High variance slots often include progressive jackpots. Some of our favorite high-variance slots include Rome: The Golden Age, Twin Spin Megaways, and Jack in a Pot.
Having a healthy bankroll is necessary here. But even more so, you need patience. You may go through several spins without a win, but the payout can be significant when you do win.
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Games Available at GGBET’S New Online Casino
GGBET has recently launched its new online casino, introducing a refreshing platform for gaming enthusiasts. This new venture promises a wide array of games, catering to multiple tastes and preferences. From the classic slot Legacy of Egypt to table titles and live dealer experiences, GGBET aims to provide a comprehensive gambling experience. In this article, we’ll
explore the various types of games available at the platform, highlighting what makes each category unique. Whether you’re a new or seasoned player, there’s something for everyone!
First Look at GGBET Novel Casino
From your first visit to the site, you can see that the platform was designed with user experience in mind. The sleek, modern interface ensures easy navigation, allowing players to quickly find their favourite titles. It’s fully secure, with a license from the UK Gambling Commission (UKGC). With generous bonuses and promotions to claim after registration, every player can feel welcomed and valued from the moment they join.
Types of Titles on Offer at the Casino
After easing security concerns, the priority for any casino is to offer a portfolio that’ll appeal to multiple player types. GGBET excels in this arena, working with the industry’s best developers to supply a consistent stream of high-quality games. Check out the various categories of titles you’ll find!
Slots
Slots are a staple in any casino, and GGBET supersedes our expectations in this area. It offers an extensive collection of 2,000 slot titles from over 40 reputable providers. Members here can enjoy a variety of themes and gameplay styles, from classic three-reel machines to the latest video slots. Popular titles in this lobby include Legacy of Egypt, Hell Hot 100, and Demi Gods V.
What’s more? Slots here boast innovative in-game mechanics, such as expanding symbols, cascading reels, and multipliers. Each feature adds to the excitement and increases your winning potential. Whether you prefer high-volatility titles with big jackpots or low-volatility options with frequent wins, there are countless titles to explore. The platform also regularly
updates its library with new releases, so there are fresh and exciting games always.
Table Games
These refer to a group of games that involve strategy and pit you against others. The most popular examples are blackjack, roulette, and baccarat, all of which we’ve examined below.
● Blackjack: Are you a casual or high roller? The GGBET collection will suit your style. The thrill of the game lies in the simple decision-making process: hit, stand, double down, or split. Each choice can bring you closer to the coveted 21.
● Roulette: Roulette is a game that builds anticipation as the wheel spins. At GGBET, you can enjoy European and American versions and adjust your stakes according to the odds. We love this title due to the variety of bets you can place, from single numbers to red or black, odd or even.
● Baccarat: This is a simple title where the dealer does all the work, drawing cards according to rules, while you sit back and enjoy the gameplay. Your choices are straightforward: bet on the banker, the player, or a tie. Variants you’ll find at this platform include Bunco Banco, Chemin de Fer, and Speed.
Live Casino
The GGBET live casino section is where the line between reality and virtual blurs. Imagine the thrill of a bustling casino floor, now accessible from your living room. These games aren’t just about playing; they’re about experiencing. With high-definition streaming and multiple camera angles, you get a front-row seat to every shuffle, spin, and deal.
The real magic happens with the live dealers, who are more than just facilitators. They guide you through the whole experience to ensure a seamless affair. Thanks to the live chat, you can share a conversation with them or other players.
In addition to standard categories like roulette, blackjack, and baccarat, GGBET introduces innovative game formats like Crazy Time and Monopoly Live. These titles mix traditional casino elements with game show excitement, keeping you on the edge of your seat.
Everyone Is Welcome at GGBET New Casino
By stocking a diverse cast of games, GGBET escapes the trap many new casinos fall for. The platform ensures that all players can have fun here, notwithstanding their preferences. That, too, while offering a user-friendly interface that enables seamless gaming. Throw in the promotions and an easy sign-up process, and you have one of the most solid new casinos we’ve ever seen.
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