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ARTICLE · 28 JANUARY 2021

A Winning Hand? Combined Changes To Gambling Industry Could End Canada's Drift

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In a landmark announcement, the federal government has signalled the birth of a modern sports betting industry in Canada.

CanadaMedia, Telecoms, IT, Entertainment
Cameron A. MacDonald
Cameron A. MacDonald
Galen Flaherty
Galen Flaherty
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In a landmark announcement, the federal government has signalled the birth of a modern sports betting industry in Canada. New legislation has the potential to unlock the billions in gaming revenue currently being generated in the "grey market".

What you need to know

  • After a decade of calls for gaming law reform, the federal government has proposed to decriminalize single event sport betting which, if passed, would permit provinces and territories to regulate and license single event sport betting in Canada.
  • The Ontario Government has announced plans to launch a regulated online gaming/gambling marketplace. Under these plans, a newly formed subsidiary of the Alcohol and Gaming Commission of Ontario would be granted authority to manage and regulate online gaming sites operated by private third parties.

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