‘One of the world leaders’: Province cashes in on sports betting
Written by Black Hot Fire Network on November 25, 2022
'It was happening anyways; there were just no safeguards for people. The responsible gaming component is just a really important piece,' said Attorney General Doug Downey
The province’s sports-betting industry is showing signs of becoming profitable, but that is hard to quantify as it's new and there is nothing to compare it to before it became legal.
Single-game sports betting became legal in Canada in 2021, but the industry really opened up in Ontario on April 4 of this year.
It was reported by PointsBet that just 50 seconds . . .