The 2021 NFL season will begin on September 9 when the Tampa Bay Buccaneers host the Dallas Cowboys in primetime. American football is a highly popular sport in Canada, and as of August 27, citizens will be able to place single-game wagers on football and other sports.
The news was recently announced, and it marked a significant step for Canada in legal sports betting. Wagering was existent but limited in the nation before this ruling.
Details of the legislative developments
Minister of Justice and Attorney General of Canada David Lametti broke the news regarding single-game wagering to the nation. He held a press conference on Thursday night at the Fallsview Casino Resort in Niagara Falls, announcing the launch of single-game sports betting.
This announcement was possible because of Bill C-218, which changed the Canadian Criminal Code banning single-game wagers. The legislation gave provincial governments the power to decide how sports betting should be managed in their respective provinces.
Bill C-218 was passed in the Senate and received a royal ascent from the prime minister nearly two months ago. Provinces will have the choice to allow single-game bets. They will also have the right to authorize operators to launch in their jurisdictions.
Offshore sportsbooks have been allowed but unregulated in Canada since these platforms came into play. Under Bill C-218, offshore sportsbooks will be dismantled, but provinces can also legalize these platforms.
This will give offshore sportsbooks the opportunity to be ‘legal’ in Canada. Nevertheless, they will be hit with an extensive tax rate, which has never been the case. Some provinces have already announced their intention for the number of operators that will be permitted to offer legal sports wagering.
There is no cap on the number of operators, and Ontario is one province taking advantage of this law. Ontario will be permitting an unlimited number of operators to launch in the jurisdiction. The Alcohol and Gaming Commission of Ontario will act as the regulator and its subsidiary iGaming Ontario will conduct and manage. Applications can be submitted starting September 13, 2021. Operators such as DraftKings Sportsbook, PointsBet, BetMGM, FanDuel, and Barstool Sportsbook have already submitted applications in multiple provinces.
Once operators are approved, they will have to launch their platforms swiftly, but it will be in time for the NFL kickoff. NFL season and the CFL will bring a vast amount of revenue to the state
Provincial lotteries joining single-game wagering market
All provincial lotteries throughout Canada have been offering parlay betting since 1992. This aligned with the parliament’s legislation and the Canadian Criminal Code. Bill C-218 has been extended to include lotteries, so their betting kiosks will be expanded to include single-game bets.
Provincial lotteries are set up to go live on August 27, so they could have a slight advantage over some of the operators. In Alberta, the Gaming, Liquor, and Cannabis office has announced that PlayAlberta, a new mobile gaming operator, will go live.
The sports betting craze has been present in Canada for a long time, but it will grow immensely with single-game betting. The addition of single-game wagering adds a new dimension to sports betting that lacked with just parlay bets.