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Canadian casino operators Want Review Of Canadian SportsBetting Law

Friday September 11,2015 : CANADIAN PROVINCIAL GOVERNMENTS LOSING OUT ON BETTING OPPORTUNITIES
 
Access to internet betting has made changes to the law necessary.
 
The commencement of the NFL season in the USA has triggered a fresh plea by Canadian casino operators for a review of Canada's federal Criminal Code, which places constraints on operators, including a rule banning bets on the outcome of a single game.
 
Operators say that provincial governments which control regional gambling, and casinos are missing out on significant revenues spent by Canadian punters, who are turning to more appealing opportunities on the internet - typically with offshore operators.
 
The restrictions imposed by the Criminal Code mean that gamblers using provincial betting services have to wager on at least one other game, increasing the odds against winning...yet no such restraint applies to internet sites run by operators outside Canada, where single game bets can be placed through desktop and mobile channels, with some apps readily available locally.
 
Speaking out against the status quo, Canadian Gaming Association vice president Paul Burns commented this week:
 
“The Canadian casino operators and lottery corporations can’t offer that [single game] product, but Canadians still have access to it through the Internet. Because of the Internet, sports betting is a global business.”
 
Burns went on to claim that approximately Cdn$4 billion a year is gambled on the Internet by Canadians, whilst just Cdn$500 million was spent on Canadian-legal sports lottery products offered by the provinces. That means that provincial governments are losing out on revenue-sharing deals and tax receipts, because most of the money is flowing overseas, he said.
 
“Why not allow for Canadian operators to fight for some of that money to allow the benefits to stay in Canada?” he asked.
 
Overall Canadian gambling revenues amount to Cdn$16 billion a year, of which Cdn$8.7 billion goes to federal, provincial and local governments and various charities, according to the Association.
 
Operators and many Lower House politicians are still frustrated by the Senate's defeat of a private members bill seeking to allow single game betting which enjoyed wide commercial and political support.
 
Bill C-290 received overwhelming approval in the Commons in 2012, but ran into opposition and interminable delays imposed by some Senators, which ultimately strangled it.
 
Legal observers appear to agree that the Criminal Code is in need of review as the popularity of sports betting continues to grow, saying that some of its provisions are out of date and out of step with today's commercial realities and consumer demand.
 
Gambling online is growing, and consumers are receptive to new products such as fantasy sports and eSports betting, they point out.
 
Answering an enquiry from a Canadian publication this week, Ontario's finance minister Charles Sousa said that the province would welcome federal changes permitting single game betting and would deploy it if approved.



Gambling News :

Day 2 of the MPNPT Tallinn Main Event - Day 1b of the MPN Poker Tour 2017 Tallinn Main Event easily surpassed the tournament’s €150,000 guarantee on its own. Yesterday’s 416 entries brought the total number so far up to 522

Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

Joe Fortune new Rewards Program - Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

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