New Canada Sports Betting Bill is to Legalize Single-Game Sports Betting

Canada sports betting bill is under discussion now, since legislators and gaming-world leaders are to set up strategies in favor of supporting the new bill. The House of Commons Bill C-221 about the Safe and Regulated Sports Betting Act is having the second hearing today in front of the entire Parliament.

The senate will decide about the outcome of the Safe and Regulated Sports Betting Act introduced by a Democratic Party member, Brian Masse. The new bill would allow single-sport betting.

The bill was introduced at the beginning of this year as the supplement of the previously failed Canada sports betting proposal. The former attempt to legalize single-event sports betting was included in the bill C-290, but didn’t get any vote from the senate.

The actual meeting is being held today as a sign of support of the Canada sports betting bill. Not only Canadian Gaming Association but also several parties are representing themselves in the meeting. Including the NDP officials, representatives of the Canadian Chamber of Commerce, the Canadian Labor Congress and many others.

One of the strongest advocates of the sports betting bill is the Michigan State Senator, Mike Kowall whose bill has just successfully come into effect.

Why Would the Acceptance of Canada Sports Betting Bill Beneficial?

The main economic impact can be explained by the thousands of job facilities provided by the possible openings of several gambling venues. Moreover, the money which spent by the Canadians on unlicensed offshore sites would enrich the state’s revenue from now.

As the Democratic Party member, Brian Masse argued, sports betting would raise around $10 billion profit annually, moreover the legalized sports betting is the biggest defense against criminality on the market.

Widespread Significance of the Sports Betting Bill’s Support

The views of the senator could have an impact on all the gaming industry’s lawmakers throughout the US. Creating a legal sports betting business can be appealing to other states as well. In case the current bill passes, it will generate a serious economic impact on other states to do the same.

Although the situation is promising, the senate is still highly dominated by Conservative Party members, who are obviously have solid anti-gambling views. Fingers crossed for the senator and Canada sports betting bill.

To make you excited and keep you busy, we have lot more to share about issues related to sports betting, so you can check all of the online sportsbooks in Canada, or learn how to bet on soccer in Canada. Or anywhere you prefer.