Canadian Gaming Association shares disappointment with betting decision (single-event sports betting)
Canadian Gaming Association Disappointed with Parliament Vote on Illegal Gambling
A press release issued from the Canadian Gaming Association conveying the disappointment over a parliamentary vote against permitting single-event sports betting in Canada. The release addressed Bill C-221, which is called the Safe and Regulated Sports Betting Act, was voted down in the House of Commons recently.
Details of the Defeat of Bill C-221 in Parliament
The press release from the Canadian Gaming Association stated that the failed vote means that $14 billion wagered outside the law by Canadians annually will continue to be lost revenue for the government. In addition, the defeat of the legislation will also mean lost jobs in the nation.
Canadian Gaming Association CEO Bill Rutsey stated that the a great deal is now at risk because of the defeat of Bill C-221. He said that the benefits existed by the legislation have been dashed, leaving people quite frustrated and dissatisfied. The CEO of the Canadian Gaming Association stated that members of his organization were baffled by the position of the government of Canada.
Specific Claims of the Canadian Gaming Association
The Canadian Gaming Association maintains that the legislation was not designed to expand gaming and gambling in Canada. In fact, the Canadian Gaming Association makes it clear that it believes the legislation would have assisted in regulating and controlling illegal gambling that is already occurring on a very significant level in the nation. Again, the amount of money involved in this type of gambling outside the law amounts to $14 billion annually.
According to the Canadian Gaming Association, the Safe and Regulated Sports Betting Act would work to bring about greater, appropriate regulation as well as much-needed oversight. In addition, the law would have increased tax revenue for use by provincial governments. The funds generated in this manner would have assisted in health care and education programs. The Canadian Gaming Association argues that these funds do not always end up in the most reputable of hands under the current structure where this gambling is occurring outside of Canadian law.
The Current Legislation is Dead
Some industry analysts outside the Canadian Gaming Association maintain that the legislation could be resurrected in some manner. The Canadian Gaming Association disagrees. The CEO of the organization made it clear that he believes that the current government will not reconsider this bill again. He stated there is no way that the current language included in the legislation will come back before parliament and that the specifics of the proposed law are dead.
With that said, with the belief that the bill is dead and not to be brought forward again, the CEO of the Canadian Gaming Association did make note that the issues have not gone away. He made it clear that this is a significant amount of gambling activity going on outside Canadian law at this time. He believes that, in time, a majority of members of the House of Commons will understand the necessity of regulating this unlawful activity.
Canadian Gaming Association is not alone in its advocacy for the passage of a law like Bill C-221. Other interested stakeholders were unhappy with the defeat of the legislation.
At the present time, there is nothing specific in the hopper to provide a replacement or even compromise for this legislation. Nonetheless, there are individuals and organizations, including Canadian Gaming Association, that will be looking for an alternative.
In the end, the belief among these various stakeholders is that the Canadian people benefit from regulation of this type of currently illegal gambling. A law on the books protects them in the gambling process itself and brings money into provincial coffers that can be put to good use to benefit the people of the nation, including children.