Single-game sports betting has been legal in Canada since last summer but the industry won’t open up fully in Ontario until April 4. Warren, who covers sports betting in this country for Sportshandle.com and USBets.com, said Monday there's already 14 operators that have licenses to launch when the market opens in the province.
Ontario's population is around 15 million people, which would make it the fifth-largest American state. The province is expected to generate about $800 million in gross revenue this year. When the Ontario market opens fully, there will be no shortage of sports for fans to wager on. The NCAA men's basketball final is slated for April 4 with The Masters starting April 7.
But the April 4 launch meant the Ontario market missed both the Super Bowl and most of March Madness . The American Gaming Association estimated over 17 per cent of adults in the U.S. — roughly 45 million people — planned to bet US$3.1 billion on the hoops tournament alone. Warren said Ontario regulators have also been very diligent in ensuring a safe and ethical sports-betting landscape.
The NHL need to get their refs in order before sports-betting will take them seriously or to remove any hint of bias 🤷♂️
Gambling should be illegal
Everywhere you turn you can place a wager on something…not good. Keep your money folks.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TorontoStar - 🏆 60. / 55 Read more »