Single-event sports wagering could become a reality in Ontario since the dialogue surrounding its legalization was sparked once more. The Windsor-Essex Regional Chamber of Commerce and Unifor Local 444 took things into their own hands this time, triggering an honest conversation about the positive effect of legalization. Windsor-Essex officials were also present, listening attentively to the conversation and contemplating their next move.
Political representatives had the opportunity to also take part in the conversation and discuss their position on the capacity of the change in the Criminal Code of Canada. NDP MP Brian Masse was also present at the roundtable and speaking his thoughts on the advantages and disadvantages of legal sports wagering for Windsor-Essex. He made it very clear that there’s an excellent possibility of legal sports wagering in the region.
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There’s Caesars Windsor with its constant stream of people already interested in the gambling offerings it’s up for grabs. Using this potential and changing it into something innovative could be a step in the positive direction for the region. Mr. Masse said that such a movement is projected to update the local gambling area and make it competitive enough to neighboring US gaming operations.
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Canadian gamers are crossing the border on a regular basis so as to take part in legal sports wagering. Some CA$110 million move to overseas bookmakers, online sports gambling, in addition to wagering in America on a yearly basis. Projections are that this amount is only likely to grow in the long run, the longer Canada remains away from legalizing single-event sports wagering.
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Additionally, it is a means for organized crime to keep its business uninterrupted. Mr. Masse made it clear that criminal organizations provide illegal sports wagering on single events, as this is players’ only alternative to travel for hours on end south. Additionally, it is an option to the pari-mutuel sports gambling currently provided by Ontario Lottery and Gaming Corporation.
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New York is a country, which started in-person sports gambling this summer, but now there’s the state of Michigan working on its own sports gambling set of regulations. Ever since May 2018 the nation has been working on methods by which it could provide legal sports wagering to its players. Its proximity to Canada would unavoidable see even larger flocks of people making their way south.
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The unique roundtable watched Paul Burns, CEO of the Canadian Gaming Association, speak his thoughts. He maintained that Canada would fall back into this evolving field if it stays opposition to single-event sports wagering in casino places. Efforts at legalizing it’s been created previously, but to no avail. Mr. Burns explained that there were about eight attempts before. Ontario’s Progressive Conservative government introduced its 2019 budget paving the way for sports wagering legalization push.
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Estimations now are the legal sports wagering could bring CA$14 million to Canada, in addition, to make it competitive to the fast-developing US. Ontario now faces a budget deficit of CA$11.7 billion which needs to be handled with caution and removed down the street. Projections are that the year 2024 could bring a complete elimination of the deficit.