Canada legalized single-game sports betting back in August this year. Since the approval, many sportsbooks have opened across British Columbia, Quebec, Alberta, Manitoba, Ontario, and other provinces. Other provinces will be launching theirs by next year. However, only government-run companies can currently operate. Soon, however, the Canadian Sports Betting Industry will expand to have more privately-run sportsbooks in the country.
Thus, Canada is preparing for having a larger sports betting industry in the months to come, and many preparations are underway. For sports bettors, they are taking the time to learn how to bet through sports betting tutorials. As for sportsbook operators, they are currently having a massive hiring program to anticipate the demand for sports betting soon.
Canadian Sports Betting Preparations
This explosion of employment opportunities will help boost the local economies of the different provinces across Canada. There are many job openings for finance, security, business, game development, and marketing. Many of these companies are in the process of building their own betting platforms that are highly similar to what you can see in this bookie pay per head demo. Basically, they are working on both front-end online sportsbooks, and the back-end operations as well. They will also need to launch marketing programs to help inform the public of their betting options. Many sportsbook PPH blog experts are anticipating a either a late 2021 launch, or an early 2022 launch at the latest.
Having a larger sports betting industry in the country will not only help generate employment, but also bring in more money circulating in the market. Then there is the tax that the state can collect from sportsbooks. Of course, an eager market is also very exciting for those who are putting up their very own sportsbooks. These bookies can gain more players in their online sportsbooks. Ontario alone has a population similar in size to New Jersey, so the potential for millions in sports betting handle is not too far-fetched. Hopefully, we will be able to see more betting options in the country before the current NHL season ends.
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