SiGMA

Canadian senate hearing on single-event sports betting

Posted:: Jun 22, 2021 16:24 Category: Sportsbetting , Americas , Posted by Kevin

The bill seeks to legalize single-event sports betting on a federal level, while also providing a regulatory framework

CanadianSenateThe third revision of bill C-218, introduced by Senator Kevin Waugh (Conservative Party) and backed by the government, seeks to amend Canada’s Criminal Code concerning sports betting. If it passes, single-sports betting will be legalised. Under current Canadian law, sports betting is only legal over three or more events at once.

Single-sports betting is already seeing high activity outside of Canada’s legal framework. Including it, would therefore allow more regulatory interventions and provide significant tax revenue.

The first day of the third hearing passed without votes being cast, however remaining concerns regarding match-fixing were addressed and solutions offered. Single-sports events are more vulnerable to match-fixing, demanding a consistent framework for prevention.

Under the additional amendment proposed to accompany the bill, cheating in gambling, whether to win or to increase the chances of winning, will be treated as a criminal offence. It redefines cheating as any interference with the betting process, instead of only including fabricated wins.

SiGMA Americas Virtual:

The SiGMA Americas Virtual show will run from the 13th to the 14th of September, 2021. Features include a fully interactive expo floor, networking chat rooms, and a high-profile lineup of panelists. Beautifully designed booths come equipped with state-o-the-art product displays and chatbox features, while attendees can visit the virtual stage, where a series of panels and keynotes will discuss key topics during the live 2-day conference.

Explore the agenda or check out who’s on the floor plan.

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