Looping in sports bettors with horse racing fans is a matter of dangling the fascinating hobby of handicapping a horse race.
Sports Betting
Single sports wagering came to Canada five weeks ago but horse racing, a pari-mutuel wagering sport, has not yet been included.
Sports betting sites registered with the AGCO went live April 4 but so far, horse racing in Ontario has been left in the gate.
The good news is, wagering on Woodbine racing in 2021 will be up marginally but that growth has come from the U.S.
Due to a collaborative effort by the horse racing industry, C-218 includes language that prohibits fixed odds betting on horse racing.
The private member's Bill C-218 does not currently contain language that protects Canadian horse racing and pari-mutuel wagering.
PMB C-218 seeks to legalize Single-Event Sports Betting in Canada, but may damage the Canadian horseracing industry.
Woodbine Entertainment's CEO Jim Lawson speaks to the need for sports wagering to flow through racetracks and teletheatres.
