Sports Betting Canada Bill C-218 Makes Progress
Big news for sports betting Canada fans. Bill-C218, which is set to legalise betting on single sports events in Canada, has now officially passed its second reading before Senate.
The Canadian Senate announced the news on Twitter on Tuesday, adding also that the next step will be for the proposed legislation to head towards the Senate Committee on Banking, Trade and Commerce for its approval. Thereafter, the bill will return to Senate for a third and final reading, whereafter final passing into Canadian legislation will require the affixing of the Royal Asset.
If and when the sports betting Canada bill is formally passed, it will amend the country’s Criminal Code so as to allow for legal sports betting on everything but horse racing meets. This will open up a world of legal betting offerings to local sports fans.
Bill Enjoys Widespread Support
The sports betting Canada bill has managed to generate massive support ever since it was first introduced by its sponsor, Senator David Wells.
Though likely to be accepted all the way through the necessary processes, the bill is now caught up in a race against time and the potential of an upcoming election. Should the proposed legislation not enjoy the necessary priority in terms of time, it will likely have to be re-introduced next year all over again. Also in the equation however is Senate’s upcoming summer recess, which may cause an untimely delay for the successful passing of Bill C-218.
The Big Push For The Pass
The good news is that there are several prominent Crown corporations as well as private gaming and other institutions pushing for the urgent prioritisation of the sports betting Canada bill’s passing.
One such Crown corporation is the British Columbia Lottery Corporation (BCLC), which organisation recently logged an urgent request with Senate to treat the bill as a priority, and to the extent that it may be passed before Senate breaks for the summer from June 26 until September 20.
Said BCLC president and CEO Lynda Cavanaugh this week, Bill C-218 will provide the corporation with the power and the ability to provide to local Canadian sports betting enthusiasts a safe and secure way to enjoy premium offerings.
The biggest benefit for provinces as a whole is that Canada will receive a major economic boost due to revenue spent on sports betting Canada activities remaining in the country as opposed to being pumped into the US by Canadians travelling cross-border for their legal sports betting fill.