In 2008, the Canadian province of Prince Edward Island loaned almost million to several Indian tribes to support a fledgling internet gaming plan. According to the Charlottetown Guardian, the money was spent but the idea went nowhere, and province has lost that money.
The publication reported last week that the Mi’kmaq Confederacy, which approached provincial officials on behalf of the Abegweit and Lennox Island First Nations, got a reported $990,000 to investigate the idea but never repaid it. Moreover, the confederacy does not feel it is obligated to return the money.
Finance Minister Wes Sheridan says the loan will be repaid from future internet gaming revenues through Atlantic Lottery, the Guardian reported. That led Opposition Leader Steven Myers to “point out the obvious,” the Mail reported: that taxpayers of P.E.I. will still have to pick up the tab.
