Single-event sports betting is getting off to a good start in British Columbia, according to the latest data provided by the British Columbia Lottery Corporation. On November 1, 2021, Crown Agency reported the first results of a new betting offer available on the platform PlayNow.com . Gamblers in the state could bet C$25 million on a single sports bet in just two months.
After the Canadian federal government enacted Bill C-218 into law, betting on single sporting events became legal at the end of August this year. Now, states have their own way of presenting that offering to their markets. The BCLC did not hesitate to implement the new gambling vertical line immediately, and now the company is enjoying the size of its bets on an impressive single game.
Linda Kavanaugh, interim chairman and CEO of BCLC, said the batch of single-game bets is a significant achievement for Crown companies. According to her opinion, Crown's online platform is in a great position and offers a very fun and participable sports bet, but is in a safe environment. This website is the only gambling site that uses revenue to support BCC's local economy.
Since single-round betting became official on PlayNow.com , the NFL has become the preferred betting option, with NFL bets in the first seven weeks of the football season rising 97% compared to the same period last year when gamblers were only able to make parol bets.
The biggest betting event since the introduction of single-game betting was a Week 4 clash between the Tampa Bay Buccaneers and the New England Patriots, with matchups accumulating 69% of all bets and 80% of new bets, and NHL up 71% from the same period last year since the first 19 days of the season.
However, as overall sports betting activity increases, Crown Corporation remains cautious about participants' health, and BCLC reminds participants that they may experience some kind of gambling concern that requires them to freely contact their game-sense advisor by phone and chat, and experts will provide support or refer to appropriate treatment.
Thompson Rivers University conducted a study on the impact of BCLC on the Kamloops region in October. Research shows Crown was able to reinvest more than $2.2 billion in local economies and development thanks to its 35-year-old gaming activities. Crown also offers many full-time jobs, securing 667 jobs in Camloops during 2019/20.
At the end of August, the Crown Organization released its annual services report, including financial performance for 2020-2021. During this period, the company succeeded in accumulating record profits through lottery and iGaming products. This means that the institution is on track to recover from the unprecedented situation and its effects.
BY: 슬롯머신