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Canada Still Looking at Single Game SPorts Betting
Thursday November 21 ,2013 : SINGLE GAME SPORTS BETTING DRAGS ON IN THE CANADIAN SENATE
Minister of State tries to boost interest after bill languishes for two years.
Thanks largely to political manouevring by conservative opponents, a Canadian bill amending gambling laws to permit single game betting has languished in the Senate for two long years despite receiving overwhelming support in the House of Commons.
Bill C-290 was back in the news yet again this week as Canada's Minister of Sport, Bal Gosal, tried to goose things along by giving his support to the measure, which was originally launched in September 2011 as a private members bill by MP Joe Comartin.
Gosal pointed out that millions of dollars are wagered at online casinos and sports betting websites based outside of Canada and provide Canadians with the sort of wagering formats and odds that they want. As a result, the money deposited in those bets left the country and were of no benefit to Canada.
The Minister's view is that by giving Canadian punters the sort of action they prefer in the form of single game betting, the money will go to the Canadian economy and companies, with some of it reaching worthy causes such as amateur sports leagues and the development of Canadian sports generally.
However, Gosal added a cautious rider to his support by suggesting that a more comprehensive review is required before single game betting receives the approval of the legislature. A pity that such a course was not implemented two years ago, but perhaps a way forward for this long-running bill.
There are plenty of examples that show how successful single game betting can be - Las Vegas sports books for one, but on the other side of the coin there are concerns about the impact of single game betting in Europe, where it has been linked to match-fixing scandals.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
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Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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