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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 :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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