It's been a busy opening year for Ontario's fledgling sports-betting industry

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An open market means more competition for the Ontario Lottery and Gaming Corp.

Article content“We know the Ontario market better than anybody — OLG is an Ontario company with all our offices and employees located in the province,” the company said. “So, we remain hyper-local in many of our offerings especially in sports.

Sports betting became legal in Canada in August, 2021. It followed Conservative MP Kevin Waugh introducing a private member’s bill to amend the Canadian Criminal Code and legalize single-game sports betting.Article contentBefore the legislation became law, the only sports betting allowed in Canada was parlay betting — wagers that require bettors to successfully pick outcomes of multiple events.

Queen’s Park has been criticized for releasing quarterly sports-betting figures late and not divulging where wagering revenues are being allocated. “ is still in its infancy,” Waugh said. “No criticism to Ontario, they went a different way and everybody wants to see how they’re going to kind of come out of this.

Moskowitz couldn’t predict what might lie ahead for sports-betting in Canada. But he does see some interesting parallels here and the industry’s growth in Europe.Article content

 

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so fed up with this shit...more betting than hockey..I actually remember when ford attempted to bring a major casino in...WHAT!!!! OH NO !!! PEOPLE WILL BECOME ADDICTED!!! THEY MIGHT DESTROY HORSE RACING IN ONTARIO BECAUSE MONEY COMES IN FASTER THROUGH ...BETTING

It's not an 'industry.' It's economically unproductive, moral depravity dressed up as entertainment.

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