HomePublicationsNewsletter ArchiveVolume 27Issue 26Single-Game Sports Betting Legalized in Canada

On August 27, single-game sports betting will become an authorized activity in Canada through the Safe and Regulated Sports Betting Act, marking a seminal change to the country’s gaming industry. According to an article, by Covers Sports Betting Analysis, summarizing the new law, upon the activity’s legalization, residents will be free to participate in wagering on everything except horse racing.

Previously, the country permitted a parlay-model of sports betting, but, through the new law, Canadian provinces and private companies alike can offer single-game sports betting. Companies seeking to offer this new form of betting in Canada must first receive an invitation to do so.

Until platform provider companies release new sports betting applications, Canada’s government-owned lottery corporations will remain the exclusive option for sports bettors. The Ontario Lottery and Gaming Corporation, Loto-Québec, and the British Columbia Lottery Corporation are preparing to introduce new single-game sports betting capabilities within existing websites and mobile applications for their respective provinces on August 27.

Illustrating the opportunities introduced by the Act, the British Columbia Lottery Corporation, in a Tweet, noted that it is exploring additional “single-event sports betting across our land-based channels, including at casinos, retail, and hospitality locations” in British Columbia.

The rush to release new sports betting options throughout Canada is tempered by renewed efforts to regulate the country’s growing gaming industry. While single-event sports betting has the potential to strengthen the Canadian economy, the activity must exist in a “regulated and safe environment,” according to a statement by Minister of Justice and Attorney General of Canada David Lametti. 

 

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