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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.”
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.
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.