Canada is on the verge of a gambling revolution after the latest news that a bill allowing single-game betting was approved in a House vote. The introduction of these betting options is believed to have been long awaited, as Canadians have lacked options for years, forcing some players to bet only on popular single events such as the Super Bowl.
The changes are expected to have a significant impact on the Canadian gambling industry, where casino operators provide services in an entirely new area and improve their current portfolio of betting options. The bill was formally passed in a House vote, but has yet to be approved at the next stage of the Senate, the legal hierarchy.
A proposal to introduce a single event bet, or a single event bet, legally known as Bill C-218, passed a vote in the House of Representatives on Wednesday, paving the way for major changes in the Canadian gaming industry. But the work has not been completed and the bill has yet to be approved by the Senate. If approved, the bill would result in a change in criminal law against single-event sports betting.
Paul Burns, president and CEO of the Canadian Game Association, shared his views on the issue after the bill’s party-wide support. He also congratulated Kevin Waugh on his success in bringing the bill to the Standing Committee on Justice and Human Rights for his efforts and reevaluation. Mr. Waugh introduced the Bill on November 25 and was the reason for the growing demand for its legalization.
The House will also vote on Bill C-13, a federal government bill that supports single-game bets. Legalization of these betting options will provide state gaming regulators and casinos with opportunities for competitive markets similar to Canada’s southern neighborhood. According to reports, the introduction could generate hundreds of millions of dollars in revenue.
Despite the huge support it has received, there are more hurdles to the bill until it is approved by the Senate. Most Canadians certainly remember a similar bill in 2021, which was also approved by the House of Representatives, but it was later rejected by the Senate. However, all sides are more positive that the bill will be accepted now, and Canadians will finally be able to bet on a single sporting event. 릴게임
Alberta’s position
Alberta Gaming, Liquor And Cannabis Joined Support Of Proposed Single-Game Option Betting Legalization Bill. According to the gambling regulator responsible for Alberta, the bill would generate significant revenue for the state, which could later be useful for local projects and communities. It will also provide players with a safer and more responsible gambling environment.
BCLC Support
The British Columbia Lottery Company is another supporter of the bill. The Crown Agency has even urged authorities to take action and legalize single-sport betting. According to the company’s calculations, this proposed change in gambling rules could generate at least C$125 million in additional revenue. This will also allow the company to attract more players who pour millions of dollars into overseas websites instead of the country’s economy.
