Australia markets closed
  • ALL ORDS

    7,664.20
    -31.00 (-0.40%)
     
  • ASX 200

    7,392.60
    -24.80 (-0.33%)
     
  • AUD/USD

    0.7348
    -0.0049 (-0.67%)
     
  • OIL

    73.81
    +0.19 (+0.26%)
     
  • GOLD

    1,812.50
    -18.70 (-1.02%)
     
  • BTC-AUD

    56,113.72
    +1,801.20 (+3.32%)
     
  • CMC Crypto 200

    955.03
    +5.13 (+0.54%)
     
  • AUD/EUR

    0.6186
    -0.0032 (-0.51%)
     
  • AUD/NZD

    1.0525
    -0.0021 (-0.20%)
     
  • NZX 50

    12,594.52
    -134.33 (-1.06%)
     
  • NASDAQ

    14,959.90
    -88.47 (-0.59%)
     
  • FTSE

    7,032.30
    -46.12 (-0.65%)
     
  • Dow Jones

    34,935.47
    -149.06 (-0.42%)
     
  • DAX

    15,544.39
    -96.08 (-0.61%)
     
  • Hang Seng

    25,961.03
    -354.29 (-1.35%)
     
  • NIKKEI 225

    27,283.59
    -498.83 (-1.80%)
     

Canada's Senate vote opens way for single event betting

·1-min read

OTTAWA, June 22 (Reuters) - Canada's Senate on Tuesday passed a bill that will open the way to legalize betting on single games or sporting events, which is currently illegal except for on horse racing.

The vote sent gambling shares higher as it is seen helping them win back customers from offshore websites and U.S. casinos.

After the bill receives royal ascent from the chief justice of the Supreme Court in coming days, it will be up to each of Canada's provinces and territories to decide how to implement legal betting on sports events.

Some provinces have said they would move quickly to get the rules in place. Previously, parlays or combinations of two or more bets into a single wager were the only legal way to bet on sports in Canada. (Reporting by Steve Scherer; Editing by Lincoln Feast.)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting