adplus-dvertising
Connect with us

Sports

What 2022 Holds for the Canadian Sports Betting Sector

Published

 on

bar cocktail casino luck

After years of confusing legislation, Canada finally achieved some clarity with regard to its sports betting laws earlier this year. The passing of Bill C-218 saw single event betting become legalized for the first time, paving the way for sportsbooks and online operators to begin serving Canadian customers all across the country.

Since then, the industry has gone from strength to strength. Unsurprisingly, Ontario has led the way in terms of online competition, with a wide array of options for punters to choose from. Home to some 15 million people, Ontario is the fifth biggest jurisdiction in the USA and Canada and is expected to rival the likes of New Jersey, Pennsylvania and Michigan in the coming years.

So with sports betting finally up and running in a more comprehensive format in Canada, what does the future hold? Here’s a quick look ahead to some of the biggest developments that are expected to occur in the next 12 months.

Mobile gaming

The ability to place bets on-the-go is something that customers have come to expect from their sportsbooks nowadays. Although the idea of sports betting on single events is still a relative novelty for many Canadians, it won’t be long before they begin to demand a truly mobile experience from their gambling provider, allowing them the freedom to lay wagers wherever, whenever and on whatever they please.

Thankfully, there is already a healthy infrastructure in place to deal with that demand. The list of sports betting apps in Canada is growing longer by the day, with sportsbook operators giving their customers round-the-clock access to better odds, up-to-the-minute stats and exclusive promotions and bonuses. There’s an app for everything these days – so it should come as no surprise that an increasing percentage of Canadians will choose to bet on their smartphone via the app in the coming months and years.

Greater competition

Even before the passing of Bill C-218 officially endorsed sports betting from a legal perspective, overseas operators had been serving a Canadian market for years. Although the practice was not legal prior to this summer, it wasn’t strictly illegal, either. This created a grey area which many foreign sportsbooks exploited, with some reports suggesting that billions of dollars were being funneled into them every year.

Now that the practice has become fair game for domestic operators, it should open the floodgates with regard to the number of available options. Early adopters and established names in the industry were quick to jump aboard the bandwagon, but more and more rivals will spring up as time goes on. This can only be good news for punters, since they will gain access to more lucrative incentives and better markets with the increased competition.

Booming popularity

As well as increased competition among operators, it’s also likely that this excess supply will be met by ballooning demand. Indeed, a particularly bullish report from Deloitte Canada speculated that the industry could be worth a massive $28 billion inside five years. Given that it isn’t projected to exceed $1 billion in its first 12 months of operation, that’s quite a seismic shift.

What that means for players is that sports betting is likely to become endorsed and advertised with greater frequency. Collaborations between teams and individual athletes will enhance the profile of the sector, while lucrative sponsorship deals will benefit both parties. And of course, the government itself is poised to cash in on a significant revenue stream, potentially swelling its coffers for reinvestment in other areas of policy.

Technological advances

Another exciting possibility is the increased incorporation of technological advances into the sports betting experience. Fans can already benefit from livestreams of their favorite matches, as well as real-time analysis and in-play betting opportunities. However, the sky is the limit when it comes to tech and sports betting, since there are a variety of tantalizing innovations currently on the horizon.

Chief among these is the possibility of virtual reality (VR) and augmented reality (AR) becoming a more central pillar of sportsbooks. Imagine if it were possible to view a sporting event in 3D, as if you were in the stadium yourself, all from the comfort of your own home? That kind of tech breakthrough might seem lightyears away, yet similar software is already commonplace in the world of gaming. If it could be adapted to live sporting events, it would dramatically alter the way in which sport is consumed (and bet upon) all across Canada. Watch this space for news on potential developments of VR and AR in 2022.

Although sports betting is still in its infancy in Canada, it has already made quite a splash among punters, operators and regulators alike. As the practice becomes more and more mainstream, it’s to be expected that it will both deliver higher revenues and benefit from greater investment – potentially creating some exciting times ahead.

News

Vancouver Canucks winger Joshua set for season debut after cancer treatment

Published

 on

 

Vancouver Canucks winger Dakota Joshua is set to make his season debut Thursday after missing time for cancer treatment.

Head coach Rick Tocchet says Joshua will slot into the lineup Thursday when Vancouver (8-3-3) hosts the New York Islanders.

The 28-year-old from Dearborn, Mich., was diagnosed with testicular cancer this summer and underwent surgery in early September.

He spoke earlier this month about his recovery, saying it had been “very hard to go through” and that he was thankful for support from his friends, family, teammates and fans.

“That was a scary time but I am very thankful and just happy to be in this position still and be able to go out there and play,,” Joshua said following Thursday’s morning skate.

The cancer diagnosis followed a career season where Joshua contributed 18 goals and 14 assists across 63 regular-season games, then added four goals and four assists in the playoffs.

Now, he’s ready to focus on contributing again.

“I expect to be good, I don’t expect a grace period. I’ve been putting the work in so I expect to come out there and make an impact as soon as possible,” he said.

“I don’t know if it’s going to be perfect right from the get-go, but it’s about putting your best foot forward and working your way to a point of perfection.”

The six-foot-three, 206-pound Joshua signed a four-year, US$13-million contract extension at the end of June.

This report by The Canadian Press was first published Nov. 14, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Sports

PWHL MVP Spooner set to miss start of season for Toronto Sceptres due to knee injury

Published

 on

 

TORONTO – Reigning PWHL MVP and scoring champ Natalie Spooner will miss the start of the regular season for the Toronto Sceptres, general manager Gina Kingsbury announced Tuesday on the first day of training camp.

The 33-year-old Spooner had knee surgery on her left anterior cruciate ligament (ACL) after she was checked into the boards by Minnesota’s Grace Zumwinkle in Game 3 of their best-of-five semifinal series on May 13.

She had a goal and an assist in three playoff games but did not finish the series. Toronto was up 2-1 in the semifinal at that time and eventually fell 3-2 in the series.

Spooner led the PWHL with 27 points in 24 games. Her 20 goals, including five game-winners, were nine more than the closest skater.

Kingsbury said there is no timeline, as the team wants the Toronto native at 100 per cent, but added that “she is doing really well” in her recovery.

The Sceptres open the PWHL season on Nov. 30 when they host the Boston Fleet.

This report by The Canadian Press was first published Nov. 12, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Sports

Champions Trophy host Pakistan says it’s not been told India wants to play cricket games elsewhere

Published

 on

 

LAHORE, Pakistan (AP) — A top official of the Pakistan Cricket Board declined Friday to confirm media reports that India has decided against playing any games in host Pakistan during next year’s Champions Trophy.

“My view is if there’s any problems, they (India) should tell us in writing,” PCB chairman Mohsin Naqvi told reporters in Lahore. “I’ll share that with the media as well as with the government as soon as I get such a letter.”

Indian media reported Friday that the Board of Control for Cricket in India (BCCI) has communicated its concerns to all the Champions Trophy stakeholders, including the PCB, over the Feb. 19-March 9 tournament and would not play in arch-rival Pakistan.

The Times of India said that “Dubai is a strong candidate to host the fixtures involving the Men in Blue” for the 50-over tournament.

Such a solution would see Pakistan having to travel to a neutral venue to play India in a group match, with another potential meeting later in the tournament if both teams advanced from their group. The final is scheduled for March 9 in Pakistan with the specific venue not yet decided.

“Our stance is clear,” Naqvi said. “They need to give us in writing any objections they may have. Until now, no discussion of the hybrid model has happened, nor are we prepared to accept one.”

Pakistan hosted last year’s Asia Cup but all India games were played in Sri Lanka under a hybrid model for the tournament. Only months later Pakistan did travel to India for the 50-over World Cup.

Political tensions have stopped bilateral cricket between the two nations since 2008 and they have competed in only multi-nation tournaments, including ICC World Cups.

“Cricket should be free of politics,” Naqvi said. “Any sport should not be entangled with politics. Our preparations for the Champions Trophy will continue unabated, and this will be a successful event.”

The PCB has already spent millions of dollars on the upgrade of stadiums in Karachi, Lahore and Rawalpindi which are due to host 15 Champions Trophy games. Naqvi hoped all the three stadiums will be ready over the next two months.

“Almost every country wants the Champions Trophy to be played here (in Pakistan),” Naqvi said. “I don’t think anyone should make this a political matter, and I don’t expect they will. I expect the tournament will be held at the home of the official hosts.”

Eight countries – Pakistan, India, Bangladesh, England, Australia, South Africa, New Zealand and Afghanistan – are due to compete in the tournament, the schedule of which is yet to be announced by the International Cricket Council.

“Normally the ICC announces the schedule of any major tournament 100 days before the event, and I hope they will announce it very soon,” Naqvi said.

___

AP cricket:

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending