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Toronto Gambling

by Jerry "Jet" Whittaker

February 19, 2006

Out-of-control gambling is on the rise and gambling addiction is now recognized as a psychiatric disorder and a challenge for mental health treatment that can ruin a person’s life.

Toronto’s Raptors History:

As the Toronto Raptors approached their scheduled home opener at the SkyDome on November 3, 1995, club President John I. Bitove could congratulate himself on having pulled off a remarkable achievement and bringing NBA basketball back to Toronto, where the long-forgotten Toronto Huskies had tipped off against the New York Knickerbockers in 1946 that had been an arduous process, fraught with obstacle after obstacle.

The current franchise traces its roots back to April 23, 1993, when the NBA announced that it had received a formal application from Professional Basketball Franchise (Canada) Inc. (PBF) and the ambitious group's president was Bitove, the son of a leading Canadian food services family and president of Bitove Investments Inc also The PBF group included Allan Slaight of Standard Broadcasting Limited; Borden Osmak, a vice president of The Bank of Nova Scotia; Phil Granovsky of Atlantic Packaging Limited; and David Peterson, former premier of the Province of Ontario, who served as chairman.

The NBA's expansion into Toronto was unique for two reasons where the first is it marked the league's first step beyond the borders of the United States and the second on is that PBF was only one of three viable prospective bid groups in the same city. Despite of so many problems the province finally acknowledged the boost an NBA team would provide to the local economy through taxes-$81 million the first year alone, according the Metro Toronto Convention and Visitor Association-and the creation of 4,000 jobs necessitated by construction and related activities.

Then the Toronto club took on responsibility for various youth and community programs in order to offset dropping basketball from the betting slips and for its part, the NBA, eager to gain the Toronto market and wanting to preserve good relations with its new constituency, contributed $1.5 million to medical research, donated $2 million in television time to promote tourism in Ontario, joined with the Toronto team to create a charitable foundation, and agreed to hold the 1995 NBA Draft in Toronto.

The progress of gambling in Toronto:

According to the National Council on Problem Gambling, about 1% of American adult that is nearly 3 million people are compulsive gamblers and as its very tough for people to come out of this habit people cannot stop and also get addicted to alcohol, smoking and drugs. Toronto is also increasing in gambling such that it will also be one of the famous cities of gambling in few years. In Toronto, most of the compulsive gamblers are men, but the problem is also growing amongst women.

 


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