Industry: 7 dumb reasons bill C-290 hasn't passed into law yet
If you live south of the border and you're no stranger to sports betting, you may be wondering why Canada doesn't have legalized single-game wagering yet.
So are Canadians.
“There should be no controversy on passing Bill C-290, as it went through the House of Commons without a single dissenting voice,” said Windsor West Member of Parliament Bill Masse, last week. “Bill C-290 has significant support from political parties, provincial governments, gaming associations, the Canadian Labour Congress and the Canadian Chamber of Commerce itself."
Yet, here we are a year and a half since the bill was unanimously passed in the House of Commons while a group of the Senate drags its feet in giving it the rubber stamp.
With that in mind, here are the seven dumbest reasons that single game sports betting hasn't been legalized in Canada yet. 1. Sports betting is already legal in every province in Canada. You just have to bet in parlay form - a minimum of two games on a ticket in some spots.
2. Billions of taxable dollars are wagered illegally by Canadians each year.
3. If you really want to prevent match fixing, the best way to do it is in a regulated market. Every high profile betting scandal that a Senator has made reference to - Tim Donaghy, Pete Rose, Black Sox - all happened in a black-market betting environment, so they are simply contradicting themselves.
4. Never in Canadian history has the Senate shot down a bill unanimously passed in the House of Commons by elected officials. Ever.
5. The purpose of the Senate is to provide "sober second thought". It's purpose is not to impose its moral views on Canadians. Senators make a base salary of $135,200 per year while the average Canadian income is $38,700 according to Stats Canada.
6. Renewed cries for Senate reform have sprung up following a senatorial spending scandal. Do they really want to give Canadians more reason to abolish the Senate?
7. The window for tourism dollars will only last so long before sports betting is legalized across the U.S. and beyond. Other recent news in sports betting:
-- As expected, New Jersey filed its petition
for an en banc hearing in the Third Circuit Friday.
-- Neat story on how much Las Vegas casinos are willing to carry in markers and how deadbeat gamblers are a key economic indicator.
-- Cantor Gaming is under an investigation that goes high up the food chain according to a report in the Wall Street Journal.
-- This chart
shows a big shift in habits of UK punters compared to just a year ago.-- Caesars had a nightmarish week
that included an investigation into Caesars' CEO of Interactive Gaming. Investigators were looking into his previous employment with European based Internet sports gambling companies that accepted wagers from Americans before 2006. -- First sign that Bitcoins
may be headed to the sports betting world. An eSports Gambling site is accepting bets with the digital currency.
-- The World Pro Billiards and Snooker Association is doing its part to clamp down
on match fixing after world No. 5 Stephen Lee received a 12-year ban.