Alberta Joins Supportive Calls for the Introduction of Single-Sport Event Betting15th February 2021 |
Single-sport event betting may be back to stay. Alberta Gaming, Liquor and Cannabis (AGLC) has recently released an official statement stating that the Albertan regulator is backing the growing support for the re-introduction of single-sport event betting. This means that the AGLC has now joined British Columbia Lottery Corporation (BCLC) in supporting a bill that would make wagering on a single sporting event legal.
Canadians currently have to place wagers on a minimum of three bets to be able to complete a single bet. An increasing number of regulators are becoming concerned about the harm that the current law is causing the industry because of the many players who decide to turn to unregulated offshore online casinos because of this.
The ban on single-event sports betting and wagering was introduced by the Canadian authorities over 35 years ago amid concerns that this kind of betting was leading to fixed matches and so, was implemented to prevent this from happening. However, a lot of gaming operators and regulators believe that changing this particular law would actually benefit all parties involved.
Many bills to overturn the law have been presented to the House of Commons, but all were unsuccessful. The latest bill to be presented was introduced last November and it proposes changing paragraph 207(4)(b) of the Criminal Code to once again legalize the option for gambling enthusiasts to wager on a single sporting event. The bill has been garnering support from operators and regulators since then, with the AGLC being the latest regulator to add their name to the list.
Alberta Gaming, Liquor and Cannabis has been the regulator responsible for gaming in the region for quite a number of years, and all throughout, they have shown that modernizing and improving the industry is one of their top priorities. AGLC’s acting president and chief executive Kandice Machado publicly speaking about the current law and the proposed one continued to drive home how beneficial this change would be for the industry.
CEO Machado said, “This would present the ability to give legal age Albertans new and unique options on their favourite sporting events. Players would be able to choose a game or proposition that gives them greater odds of a successful bet, picking between markets such as the game outcome, point spread or how many shots a player registers.” Not to mention that single-event sports wagering would also offer more opportunities for gambling fans to have greater odds of successful wagers.
Read about sports betting.
Niaz Nejad, Chief of Compliance, also gave his opinion on the subject, saying that legalizing single sports betting would prevent betting on offshore and unlicensed platforms, and would instead direct players to PlayAlberta.ca, Alberta’s regulated official gambling site.
He said: “The Canadian Gaming Association estimates that CAD$3bn annually is gambled on unregulated offshore sports gambling websites. Those websites provide limited protections or means of responsible play, education or access to responsible gambling tools. Play Alberta uses AGLC’s best-in-class GameSense responsible gambling program, which promotes healthy gambling behaviours and gives players access to valuable tools and resources.”
The re-introduction of single-sport event betting would mean that Canadians could place one single bet on major events such as the Super Bowl. Windsor West NDP MP Brian Masse submitted the bill in November in an attempt to help the gambling industry recuperate and compensate for the revenue losses it suffered this past year. Unfortunately, the unprecedented situation has seriously affected the gaming sector. The BCLC has also voiced its support for this legislation. The Crown Corporation estimated that in British Columbia alone, the legalization of single-event betting would generate more than CA$125 million, which could later be distributed among local communities and organizations.
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