HomeNews ❯ Ontario Open to Sports Betting and Changes to Online Gambling

Advertiser Discolusure We want to bring you the best content and the best offers. Just so you know, we may collect compensation from the links on this page and some of our reviewers are compensated for contributing content to this website.

Ontario Open to Sports Betting and Changes to Online Gambling

“It is time to usher Ontario out of the gambling prohibition era and treat the people of Ontario as adults by allowing them to bet on the outcome of a single sporting event.”

Sports betting is one of the big factors that many Canadians feel let down by, and it’s plain to see why. Single-event sports betting remains illegal in the Great White North, despite neighbours the United States passing legislation to legalise it. This remains a point of contention for the country, with many believing Canada is being left behind, and losing money, by its failure to embrace sports betting.

There is such a big market for sports betting in 2019 that it seems foolish to ignore a potentially lucrative slice of the pie. It is encouraging that the National Hockey League has reached a deal surrounding sports betting, but this seemingly only applies to US audiences at the moment! But, it surely can’t be too long before single-event sports betting is introduced in Canada, and there does seem to be an audience for it.

The province of Ontario has certainly shown it is interested in embracing single-event sports betting across the province, one of several radical changes proposed as part of a new budget. In the near future, while we may not see sports betting become universally legalised in Canada, we could well reach a stage where individual provinces are given the autonomy to make their own decisions when it comes to single-event sports betting. And this is certainly an exciting proposition that could really boost local economies in the future.

Ontario Open to Sports Betting and Changes to Online Gambling- online casinos canada

One of the biggest problems Canada is having to deal with at the moment is that many Canadians are spending their money on sports betting abroad, namely in the US. This is counterintuitive to economic growth, and something that certainly needs to be addressed in the near future. Ontario, and the OLG, has become serious about sports betting, with the local government stating, “It is time to usher Ontario out of the gambling prohibition era and treat the people of Ontario as adults by allowing them to bet on the outcome of a single sporting event.”

And it’s not just sports betting that the province is looking to bring changes to, there are plenty of other focal points as well. One of the biggest concerns for Ontario, and the CGA, is looking at changes to online gambling. It is clear that this is a big deal in Canada, and there is no question that the world of online gambling has grown in recent years. The Ontario government has announced the planned introduction of a regulatory system in the province to help provide more safe and legal gambling options.

They have also called for an end to online gambling monopolies that threaten diminished quality, and put profit before customers. The province’s new budget targets mobile gaming and greater competition online. The hope is that this is something that will come to fruition sooner rather than later, and there are a high hopes for the future as a result.

[youtube shortcode=”youtube”]

 

Links & References:

FAQ about Online Casinos in Canada

Follow the Latest Casino News

OCC Weekly News Digest #11

July 30, 2020 Read ❯

OCC Weekly News Digest #10

July 23, 2020 Read ❯

OCC Weekly News Digest #9

June 25, 2020 Read ❯

Read More News

All rights reserved 2020.
Gambling can be addictive, Please Play Responsibly.

Follow Us: