Legal single-sports betting in Canada starts on August 27

Seattle Seahawks running back Josh Johnson reaches for the ball during an NFL football practice in Renton, Wash., Wednesday, Aug. 11, 2021. (AP Photo/Elaine Thompson)
Seattle Seahawks running back Josh Johnson reaches for the ball during an NFL football practice in Renton, Wash., Wednesday, Aug. 11, 2021. (AP Photo/Elaine Thompson)

Canadians can legally bet on single sporting events beginning Aug. 27, ending the country’s long-standing requirement for wagers to be spread across multiple games and matches.

Justice Minister David Lametti made the announcement at the Fallsview Casino Resort in Niagara Falls, Ont. on Thursday.

Yahoo Finance Canada reported on Wednesday that Ottawa would spell out new details of its plan to enact the legalization of single-sports betting in Canada. News of the announcement followed criticism from politicians who backed the legislation, and an industry group, about the time Prime Minister Justin Trudeau’s cabinet took to set a date for the new law to come into force.

Thursday’s announcement will be cheered by Canadian casinos and online sportsbook operators eyeing a legal market expected to handle nearly $28 billion in betting action five years post legalization

More to follow.

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source https://ca.sports.yahoo.com/news/single-sports-betting-in-canada-starts-on-aug-27-173140099.html?src=rss

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