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Ontario Urges Government to Back Single Sports Betting
Sports betting is such a lucrative area in the world of online gambling, and this is something you need to explore as best you can. There are so many great benefits to embracing online sports betting, but Canada still appears to be lagging behind in this respect. Last year, America’s Supreme Court passed legislation to legalise sports betting in every state, in an historic move that will transform the gambling industry Stateside.
This has led to calls from Canadian provinces such as Ontario, for the government to legalise sports betting in Canada. Indeed, Vic Fideli, Ontario’s finance minister, is pushing for the government to legalise sports betting across Canada. Currently Ontario residents can bet on sports, but they have to bet on a minimum of three games at once, and they have to get all three right in order to win. Fideli expressed concern that Canadian’s might look to the US, or illegal channels, in order to fulfil their sports betting fix, and this would not benefit Canada’s economy. In a letter to the federal finance minister he wrote, “Canadian consumer spending on U.S. casino or illegal internet sports betting provides no return or value to provincial governments or gaming operators.”
There is a hope among many that this may lead to some changes in gambling legislation across the country over the next few years. If the Canadian government thaws its approach to single sports betting, this could well lead to a huge economic boom for Canada, and a sector that is highly popular and lucrative.