Canadian Gaming Association Calls on NHL to Join Fight for Legal Single-Game Sports Betting
The Canadian Gaming Association CGA wants single-game sports betting to be legal in Canada and it wants the NHL’s help to make it happen.
President and CEO of the CGA Paul Burns this week called on the league to work together with Canada’s gaming industry to effect the kind of change that happened this year in the US, where the federal prohibition on sports betting was struck down by the US Supreme Court.
Currently, Canadians are only permitted to make parlay wagers -– predicting the outcome of two or more sporting events at once, via their provincial lottery operators. All other sports betting is nominally illegal in Canada, although it’s a classic “gray market,” where the populace is able to bet using, offshore Canadian sportsbooks with relatively impunity.
The Canadian Gaming Association estimates that Canadians wager $450 million a year on legal parlay bets, while some $14 billion is handled, untaxed, by the offshore markets.
Previous Bills Defeated
There have twice been legislative efforts to legalize single-game wagering on a federal level — in 2011 and then again in 2016. Both bills were ultimately shot down with the help of influential sports leagues — particularly the NHL — which have always opposed licensed sports betting in the US and Canada.
But things have changed since May. The leagues have lost the battle south of the border. Sports betting is no longer illegal in the US at a federal level and of all the pro leagues adjusting to this new state of affairs, the NHL has arguably displayed the most “can’t beat ’em, join ’em” type of pragmatism.
This week, it signed a deal with MGM Resorts that will see it provide official data to MGM’s sports books. Meanwhile, it has permitted the Las Vegas Golden Knights and the New Jersey Devils to sign agreements that will allow for live betting odds and in-arena branding during games.
NHL Could Tip the Balance
Ice hockey betting is the most popular sport to wager in Canada by far, which makes the NHL the most powerful league, with seven Canadian franchises. Its support could well be enough to push a future sports betting bill through the legislature.
“We know that Canadians enjoy single-event sports betting because they are wagering approximately $14 billion annually through illegal channels,” said Burns in an official statement.
“We invite the NHL to work with our gaming industry to bring about the changes required to realize the full economic potential of single-event sports wagering in Canada – and give Canadian fans the same experience as their US counterparts.”
The post Canadian Gaming Association Calls on NHL to Join Fight for Legal Single-Game Sports Betting appeared first on Casino.org.
The Tar Heel Turf: The Evolving Landscape of North Carolina Sports Betting (Updated for January 6, 2024)
NC sports betting update January 2024: The Tar Heel State is in the midst of…
The Expansion of Sports Betting Apps: States That Have Legalized it by 2024
Sports betting has experienced a significant surge in popularity in recent years. With the convenience…
Sports Betting Laws by State
Sports betting has grown immensely in popularity over the last decade, becoming a billion-dollar industry…
Is Bovada Legal in California 2024?
Is Bovada Legal in California? Yes, Bovada is legal in California because it is an…
Is Matched Betting Legal in the US?
Is Matched betting Legal in the US? Looking for guaranteed Legal wins? Matched betting could…
Is sports betting legal in Wisconsin? What to know & Where to Bet
If you are a Wisconsin resident, you may be wondering if Wisconsin allows sports betting…