In spite of the resounding defeat, there was never a groundswell of opposition to the measure, said Paul Burns, who serves as the president and CEO of the Canadian Gaming Association. Instead, the concerns resided with individual members of the Liberal Party, who took issue with gambling in general, not sports betting per se, he added. Take the efforts in Ontario, for instance. Separately, there are indications in Ontario that certain political leaders will take steps to end a monopoly the Ontario Lottery and Gaming Corporation OLG currently maintains on the online gambling market inside the province.
The Province will also continue to engage with the federal government to encourage the legalization of single-event sports wagering. Legal single-event sports wagering would help support the growth of a competitive online gambling market in the province, and as a popular form of wagering, would also benefit other parts of the gaming sector.
Another panelist, Ron Segev, a founding partner at Segev LLP, described the enormous scope of the Ontario market, considering the province has a population roughly double that of New Jersey. The size of the Ontario market is not lost on top sportsbook operators such as DraftKings. As Michigan nears the rollout of online sports betting , Windsor-area casinos are feeling the heat.
In Canada, the onus for licensing and regulating all forms of legal gambling falls upon provincial governments. If single-event sports betting is eventually legalized, five provincial lottery corporations will likely face the responsibility of regulating the activity.
As the Canadian gaming industry turns to , the timeline for implementation is still unclear. Burns is optimistic that widespread single-game sports wagering will be available at some point in , with Labor Day as a reasonable target. The holiday represents the intersection of a number of disparate events on the sports calendar, namely the start of the NFL regular season. Other events such as the U. With bipartisan support on both the federal and provincial levels, gaming advocates are finally confident that a bill on single-game sports betting can pass through the legislative process with a fair amount of alacrity.
Matt is a veteran writer with a specific focus on the emerging sports gambling market. In his spare time, Matt is an avid reader, a weekend tennis player and a frequent embarrassment to the sport of running. Contact Matt at matt usbets. Gambling problem? About Contact. This site contains commercial content. December 11, Share on Facebook Share on Twitter. Not only that, the format demands Joe choose specifics such as these for the NFL :.
Yes, the odds favor the house. A great example is covered in a critical comment by canadasportsbetting. Bettors who correctly predicted the Giants, Patriots and Raiders would win, actually lost as the Carolina vs Oakland final score was and that three-point spread requires bettors to select a TIE on their Pro-Line bets. Clearly, Joe Canada is starved for legitimate sports wagering opportunities. And that outcome — whether it happens this spring, summer or fall — is largely seen as a likely development among industry insiders.
In his new world, Joe would be able to take a look at the app on his phone and consider these among his myriad wagering options:. He also really likes Fred VanVleet. Maybe Joe heads out to the arena for the game and becomes very caught up in the action — and wants to participate by playing an in-game betting prop. Who scores the most points — or the winning basket — in the fourth quarter? But the finish line is in sight. Whoa, Canada. The change in sports-wagering options would be significant.
In his new world, Joe would be able to take a look at the app on his phone and consider these among his myriad wagering options: His favorite NBA team is the Toronto Raptors and he really likes their chances. We hope his family will understand.
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