Canada

A Canadian Bill to legalise bets on single events and sports games has this week received Royal Assent, meaning it will soon pass into law and Canadians will be able to legally place bets on single games or events.

Bill C-218, otherwise known as the Safe and Regulated Sports Betting Act finally made it through the Canadian House of Commons late last year, and was voted through Senate in mid-June.

Similar bills had previously failed to make it all the way through both houses, falling in 2015 and 2016.

With Royal Assent, Canada’s provinces will be free to decide how to implement legal betting, though some provinces have previously indicated they will waste no time in getting the rules in place.

Specifically, the bill aims to repeal a section of Canada’s Criminal Code, which dictates that consumers are only permitted to wager on at least three games or more, meaning that bets on single matches or events were illegal.

Proponents of the bill, including its sponsor in the Upper House, Senator David Wells had argued the restrictions meant that many Canadians were forced to turn to unregulated offshore sites.

His contention was that allowing Las Vegas-style betting on single games would eat into the multi-billion dollar black market and redirect that revenue to local Governments.

Continue Reading

Pjazza 1902: New hotspot blends community engagement and B2B offerings

23 July 2024
by Rebecca Anastasi

The entertainment hub, which has recently opened in Pembroke after a lengthy period of meticulous restoration, serves up a gamut of dining, fitness, business and leisure opportunities

Gavin Isaacs steps down as Games Global chairman to take on new role as Entain CEO

22 July 2024
by iGamingCapital.mt

His appointment comes into effect from September 2024, and will see him remain on the board of Games Global as an independent non-executive director

Third-largest cryptocurrency exchange OKX selects Malta as its MiCA hub

18 July 2024
by Helena Grech

Under the MiCA framework, OKX plans to offer spot trading (including EUR and USDC pairs) in addition to buy, sell, convert and staking services to qualified EU residents through Okcoin Europe Ltd

GO’s Enterprise Solutions geared to deliver end-to-end business technology

15 July 2024
by Rebecca Anastasi

The telecoms firm prioritises holistic and scalable solutions for its corporate clients, says Arthur Azzopardi, Chief Officer at GO Business.

See more