Real Luck Group Welcomes Step Towards Single Event Betting in Canada After Bill C-218 is Passed

0
151

 

Real Luck Group Ltd. and its subsidiary companies doing business as “Luckbox” (the “Group”), a provider of legal, real money esports betting, has commented on the status of legislation, Private Members Bill C-218 and Bill C-13, to legalize single event sports betting in Canada.

Private Members Bill C-218 was voted on and passed in the House of Commons on Tuesday, February 17, 2021. Similar legislation in Bill C-13, which was previously introduced by the federal government, would legalize single event sports betting at the federal level in Canada and is anticipated to be taken up by the House of Commons in the near future.

Bill C-218 was adopted at the second reading with 303 votes in favour and 15 against.

Bill C-13 proposes amending paragraph 207(4)(b) of the Criminal Code to make it lawful to bet on a single sports or athletics event.

“This overwhelming result shows there is cross-party support for an amendment to what is an outdated law and very welcome for organisations like ours which offer safe, responsible and enjoyable wagering on events,” Luckbox CEO Quentin Martin said. “This outcome is another significant step towards being able to offer safer waging to the millions of sports and esports fans in Canada. Legalization, regulation and working with responsible operators is, in our view, the best means to keep fans safe and offer them the best possible experience.  We will be following the outcome of Bill C-13 very closely during these exciting times fans of esports, sports and the igaming industry in Canada and the US.”

The Company, based in Calgary, Alberta, has previously submitted its application to join the Canadian Gaming Association ahead of the anticipated legalization of single-event wagering in Canada.

Luckbox offers wagering, live streams and stats on all major esports, including CS:GO, Call of Duty, Overwatch and League of Legends, as well as betting on more than 100 sports through its proprietary platform.

LEAVE A REPLY

Please enter your comment!
Please enter your name here