Canada’s attempt to legalise single-event sports betting took another step closer to completion last week after a third debate in the House of Commons was completed and cleared. The enabling law, Bill C-218, is now on its way to the Senate of Canada.
C-218 amends the Criminal Code to allow provinces and territories to control online and terrestrial bets on the results of individual sporting events, while only parlay wagering and horse race betting are currently permitted.
Score Media and Gaming was one of the first to react to the news. Founder and CEO John Levy applauded the House of Commons’ passage of Bill C-218, which now passes to the Senate for consideration and adoption.
“quickly passing this much-needed legislation“
He explained: “We commend the members on all sides of the House of Commons for quickly passing this much-needed legislation. Today’s development is a major step forward and we are increasingly encouraged by the widespread industry and strong cross-party support that Bill C-218 has garnered. Now that Bill C-218 has been passed by the House, we look forward to the Senate swiftly carrying the ball over the goal line.”
He added: “We also want to recognise MP Kevin Waugh for his tireless work in sponsoring and shepherding Bill C-218 through the House of Commons.”
Based on historical data extrapolated from legal online gaming markets in the US and around the world, theScore predicts a market opportunity for online gaming in Canada of between US$3.8 billion and US$5.4 billion in annual gross gaming revenue.