Calls For Abortive Online Gambling Deal In Canada To Be Investigated

Prince Edward Island Auditor General will be asked to carry out an enquiry into the Mi'kmaq Confederacy deal

A failed million dollar deal last year between the Canadian provincial government of Prince Edward Island and the First Nation Mi'kmaq Confederacy, with the goal of establishing an online gambling licensing jurisdiction, is to be investigated, according to local media reports.

The provincial government's public accounts committee voted Thursday to ask the Auditor General to investigate the agreement, which has resulted in an alleged million dollar prejudice to the provincial government.

Questions surround a decision by Finance Minister Wes Sheridan to provide a million dollar loan to the Confederacy as seed money for the project. When the project failed, the Confederacy declined to return the money, saying it was only responsible for paying the money back once the plan started to generate revenue, which never happened (see previous InfoPowa reports).

Sheridan exacerbated the situation by declining to reveal the size of the loan, saying only that it was less than a million dollars.

Opposition leader Steven Myers, a member of the public accounts committee, said this week:

"It's quite a tangled web the whole e-gaming thing. I'm not sure if we've ever gotten a straight answer from Wes Sheridan and I'm not sure if we ever will.

"But the truth is out there somewheres, and it's high time that we start trying to dig in and find out what that truth is. There's a million dollars that we know about for sure that's gone."

Auditor General Jane MacAdam is not bound by the committee's request. Her office can also investigate any program without being asked.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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