According to an op-ed published by Bill Rutsey, the president and chief executive officer of the Canadian Gaming Association last week, lawmakers should be harshly criticized for delaying the bill, C-290, and depriving the country from earning hundreds of millions of dollars in revenue.
Rutsey queried why the bill, despite testimonies from numerous sources which include gaming regulators, law enforcement and legal experts, has been stalled in the Senate.
The bill aims to repeal the Criminal Code section and to allow gamblers across Canada to bet on one sports event at a time.
Betters must currently wager on a minimum of three games at once and are required to correctly predict all three outcomes to win, which is known as a parlay bet and is not as popular among gamblers who find it more difficult to win. Bettors are prohibited from betting on a single race, sporting event, fight or athletic contest.
In the op-ed published by Rutsey, he points to the huge success of legal sports in Vegas and says that what is preventing something similar in Canada is a handful of unelected senators in Ottawa. Rutsey added that while sports wagering has been legal in Canada for decades, they are not permitted to bet on the outcome of a single event and that if someone wishes to bet on the Super Bowl they are required to “parlay” their bet with two other events and that this usually results in the bet being a loser even before the pre-game commences.
Rutsey also said that by delaying the bill, billions of dollars are wagered by Canadians on sports to illegal offshore operators and organized crime with more than $26 billion wagered since the bill entered the Senate almost two years ago.