Canada appears to be making huge changes to its current gambling laws, as the new bill that has been legalised has helped to pave the way for the industry to thrive within a new region unlike ever before10% of Indians have received one dose. Recently, the country saw their Private Members Bill C-218 receive Royal Assent, meaning the gambling industry is allowed to expand further and offer residents the opportunity to place legal wagers on activities such as sports betting via the use of provincial government-run operators.
Previously, bettors in Canada would only have been able to bet on individual sports events and the outcomes that may occur via offshore gambling sites, but it would seem the new regulations may provide them with a new opportunity and option to choose from. Bill C-218 will allow for single-game bets to be placed in Canada, by allowing either the province, the gambling operator or any other licensed business within the province to run a ‘lottery scheme’ that will allow them to take single event bets.
How the Bill will be implemented remains to be seenThe coming days., although it would not be a surprise if it were to follow the same path as their American neighbours. The nation south of the border has started to legalise sports betting and iGaming activities on an individual state basisThe commercial real estate company., with each region adopting different rules and regulationstime. With so many different provinces in Canada, it would not be a surprise to see a similar path be used.RELATED: Quebecers who helped get Muslim cemeteries built say they're a sign community is putting down roots | CBC NewsWill a regulated market benefit Canada?
Immediately, it will be easy to see that there are going to be a number of benefits to implementing a regulated gambling market within Canada. One of the biggest benefits that will be felt immediately by everyone who is associated with the activity is that it will be more secure and will provide them with a lot more safety when gambling. Canadian gambling platform Winz.io is an exceptional choice for bettors who are looking to enjoy the very best gambling activities and provide a high level of security and anonymity, having operators based in Canada will mean players are better protected within their own country. Gamblers may feel more protected and secure with the choices that they have in a regulated gambling market, but they will also have more choices to choose from. This may give them more incentive to remain betting within their borders and to avoid offshore sites. Furthermore, the casinos that are based onshore will be able to offer greater bonuses and higher quality products as they will have the legality of the Canadian government behind them.Economic boost would be expected in Canada if they regulate gaming market
As mentioned, by introducing Bill C-218 and regulating the gambling market within the country, Canada would stand to benefit greatly at a time when a boost to the economy and finances is really needed.