he British Columbia Lottery Corporation (BCLC) Calls on the Canadian government to allow sports betting for individual events.
Players are currently doing single event sports betting on websites that operate illegally in BC PlayNow.com is the only regulated gambling website in the province. Legalizing single bets would therefore create a new set of legal sports betting opportunities, the BCLC said in a press release.
More than two-thirds of BC’s online gambling market uses PlayNow.comAccording to the BCLC, this shows “a clear preference among gamers to use a regulated website with strong security, integrity and security guarantees for gamers”.
“Our players have long wanted sports betting for individual events. For example, This weekend is the Super Bowl and our players just want to be able to bet on the winner, which they can’t under current legislation, “said Stewart Groumoutis, BCLC Director for eGaming, as reported by Vancouver Is Awesome. “We encourage the federal government to modernize the laws so that we can offer our players and individual bets.” Generate additional income to support provincial programs. ”
The BCLC announced that it would work with partners from industry, regulators and government agencies to introduce licensed sports betting in key markets land-based casinos and community gaming centers. The lottery company added that It would consider “enhanced sports betting offers” in hospitality locations across BC selling lottery products. For example, players could place a wager on the outcome of the Canucks game and take part in their local bar or pub.
The BCLC assumes that sports betting would take place for individual events Online and land-based opportunities will generate an estimated $ 125 million to $ 175 million in additional income. In the 2019/20 financial year The BCLC’s money generated net income of $ 1.3 billion for BC Province supporting education, community programs, and health care.