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Outsourcing of jobs and real impact on rural communities
While unemployment has been a cause for concern for many years, the outsourcing of some job functions has already had an adverse impact on rural economies.
Following the unprecedented global conditions of 2020, many people were left unemployed or faced with financial difficulties due to pay cuts. Unemployment remains of concern in not just parts of the USA, but the world at large. Although unemployment has been an issue for years, it was exacerbated by the conditions of 2020. In 2018, Canada’s unemployment rate was reportedly at its 43-year low of 5.6%, but fast forward to early 2021, it reportedly worsened to a national unemployment rate of 7.8%. In light of the global landscape and state of economies, businesses have been forced to reassess their operations and cut costs where possible.
It is therefore not surprising that those businesses that were fortunate enough to pivot or make it through 2020 have tried to cut down on unnecessary operations. In some cases, entire departments were shut down and companies have, instead, resorted to either outsourcing some operations or working with freelancers and consulting with experts when necessary. The closure of some departments and businesses can be noted as a contributing factor to the current unemployment rate, particularly in rural communities.
Outsourcing and rural communities
In addition to the above, policies that allow employees to work remotely have been problematized by some. It is argued that remote work will lead to less job opportunities and the need for human capital. One of Lacombe’s largest employers has implemented such a policy, which allows employees to work remotely from anywhere in Canada. Moreover, others believe that it will lead to an overall decline in commercial investment. Due to the fact that jobs are generally outsourced to more developed or economically active states or countries, the impact on local rural communities has been highlighted. A recent example of this was the outsourcing of some of the in-house laundry operations of an Alberta laundromat. The move reportedly had an impact on roughly 350 employees, following a reported cut of some 11 000 jobs before that. This was prompted by the need to cut costs and save on upgrades and further investment into the existing company, more so under the current global financial conditions. These positions are often filled by general workers with little to no formal qualification, most of whom live in rural communities. Therefore, the company’s transition and outsourcing had an impact on the rural economy and the livelihoods of the people, further proving that the objections and initial reluctance from some may have been warranted.
In cases where some functions are outsourced, companies often centralise operations in larger cities and do away with the positions that were occupied by employees from the rural communities. With that in mind, people have found themselves in difficult financial positions and having to find alternative ways of staying afloat and providing for their families. It is because of such circumstances that the disadvantaged from rural communities have had to either explore entrepreneurial endeavours or consider the likes of online forex trading in the United States, as one need not depend on an employer in such cases. However, there is often not enough money available for circulation in the rural economies because unemployment is rife.
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Cryptocurrency and Online Casinos and What’s Next for Bitcoin and Ethereum Payments: Overview From Specialists at Rabona Betting
Cryptocurrencies are becoming more common in everyday transactions. You can purchase things via digital currency on different sites and the system automatically exchanges it into the fiat currency like CAD.
This payment method is also popular at online casinos because of fast transactions, specifically, withdrawals. You can deposit money and place a bet on Napoli FC Rabona Canada, play various games, and then withdraw winnings the way you deposited funds. This article explores this interesting opportunity and what may come in the future.
Why Casinos Use Cryptocurrency
Online casinos like Rabona betting use cryptocurrency because it transfers funds faster than traditional payment systems. Bitcoin and Ethereum transactions don’t rely on banks, so transfers complete within minutes.
Players from countries with financial regulations use crypto wallets to send or receive funds without card rejections or blocked transfers. Casinos also cut costs since they don’t pay high processing fees to banks or card companies.
Crypto systems record each transaction on a blockchain ledger, so every move of money is visible and cannot be changed. That reduces disputes over withdrawals and deposits since each transaction’s info is available in public records.
Casinos that accept Bitcoin or Ethereum attract a wide range of players who prefer anonymity. Traditional payment systems require full identity checks, while crypto transfers use wallet addresses.
Players still need to pass KYC checks under legal standards, but crypto wallets give more privacy since they don’t require your bank data.
How Bitcoin and Ethereum Shape Casino Payments
Bitcoin is the top choice for online gamblers because most payment systems already integrate it easily. It allows deposits and withdrawals in similar amounts to bank transfers.
Sites like Rabona betting often provide it for high-volume transactions because cryptocurrency networks handle large sums safely and quickly. Digital currencies stands out because they allow smart contracts.
These contracts handle payouts automatically when a condition is met. For example, a casino game that uses an Ethereum contract can send a payout as soon as a winning combination appears, without manual approval.
Players deposit money and the casino automatically exchanges it to CAD. Thus, users can play bets in a currency they’re used to, and withdraw via the same crypto system that converts CAD to BTC, ETH, etc.
What’s Next for Bitcoin and Ethereum in Gambling
Future development aims to increase transaction speed and reduce fees. Bitcoin developers work on the Lightning Network, which processes microtransactions instantly through off-chain channels. That system suits online casinos since it handles many small bets quickly.
Ethereum’s developers improve scalability through updates that raise network capacity and lower gas costs. That’s one of the reasons why Ethereum switched from PoW to PoS.
Conclusion
Casinos like Rabona betting and others keep expanding payments to include more currencies like Solana, Cardano, Avalanche, or stablecoins like USDC, EURC, EURQ, and more. Most cryptocurrencies process transactions faster and provide some sort of anonymity, so players will continue using them at online casinos.
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Alberta takes a step towards iGaming legislation
Alberta is moving closer to joining the growing list of Canadian provinces embracing regulated online gambling. The province’s proposed Bill 48, known as the Alberta iGaming Act, has cleared its second reading in the Legislative Assembly, marking a significant milestone toward establishing a competitive, open iGaming market. For many observers, this signals that Alberta could soon follow in Ontario’s footsteps, paving the way for private operators to enter what’s currently a government-run landscape.
At the heart of the bill is the creation of the Alberta iGaming Corporation, an independent body that would oversee licensing, compliance, and responsible gaming initiatives. Its responsibilities would include setting technical standards, enforcing fair play through random number generator integrity checks, and ensuring operators meet anti-money laundering requirements. A board of seven directors, appointed by the Minister of Service Alberta and Red Tape Reduction, would guide the new regulator’s operations.
Support for the bill appears solid, with the United Conservative Party holding a majority in the legislature. The expectation is that once it passes through committee review and any amendments are finalized, the province will begin building the framework for its digital gaming market. Industry watchers are already predicting that the new system could roll out by mid-2026, with the first operators going live soon after.
The model Alberta is chasing looks a lot like Ontario’s, which launched its open iGaming market in 2022 and now records over a billion dollars in monthly wagers. Alberta’s approach aims to balance opportunity and oversight, letting gaming operators compete alongside the government’s Play Alberta platform. This move is expected to boost competition, variety, and consumer protection all at once, and could significantly contribute to the local economy. It just makes sense that any Canadian online casino targeting this North American market would welcome the news, as Alberta represents a massive untapped audience eager for safe and modern gaming options.
Consumer safeguards are a core part of Bill 48’s design. A centralized self-exclusion system would allow players to opt out of all licensed platforms through a single registration. There will also be mandatory age verification, betting limits, and spending alerts to promote responsible play. Revenues from the new market are expected to fund social programs and gambling treatment initiatives, ensuring that the benefits extend beyond the casino floor.
A big part of the motivation behind Bill 48 is to steer players away from unregulated offshore sites. Right now, thousands of Albertans gamble online through platforms that operate outside Canadian jurisdiction, offering little in the way of player protection or accountability. A legal, competitive market within Alberta would not only keep those dollars at home but also attract marketing investment and innovation from major operators.
If all goes as planned, Alberta’s iGaming Corporation could begin issuing licenses by next year, setting the stage for a 2026 launch. The province’s measured approach shows a clear preference for getting the framework right rather than rushing it through. For local players and the gaming industry alike, Alberta’s next chapter in digital entertainment is starting to take shape, and it looks like a winning hand.
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