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Gambling in a responsible manner throughout the province

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1) In broad terms, privatization refers to the divesting of government involvement in the operation, management, and ownership of activities, involving the transfer of activities or functions from the government to the private sector. There are multiple benefits as well as disadvantages of privatization as discussed in class.

BCLC (British Columbia Lottery Corporation) is a Crown corporation that conducts and manages gambling in a responsible manner throughout the province, operating and managing lotto games, online casinos, and sports betting. In light of the privatization discussions, what would be the pros and cons of privatizing BCLC? (Give at least three pros and three cons.)

Reference no: EM132869943

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