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Canadian Sports Betting Bill Amended To Exempt Horse Racing From Fixed Odds Wagers

With a unanimous vote, the Standing Committee on Justice and Human Rights on Thursday amended Private Member's Bill C-218 to offer protection to the horse racing industry in Canada. Under the new proposed legislation, fixed odds wagering on horse racing would not be permitted.

“This is great news for the horse racing industry and the tens of thousands of jobs it supports across Canada,” said Jim Lawson, CEO, Woodbine Entertainment. “On behalf of the industry, thank you to the Standing Committee for listening to our perspective and recognizing the need to protect horse racing from unintended consequences caused by the legalization of sports betting.”

PMB C-218 was introduced by MP Kevin Waugh to legalize Single-Event Sports Betting in Canada. The horse racing industry supports the principle of the Bill but led a significant cross-party advocacy effort to ensure Committee members understood the unintended consequences to the industry if protections were not included. As part of those efforts, horse racing hall of fame jockey Sandy Hawley and representatives from the Central Ontario Standardbred Association, Horsemen's Benevolent Protective Association of Ontario, Racetracks of Canada, Quebec Jockey Club and Woodbine Entertainment appeared as witnesses over the past several weeks as the Standing Committee studied the proposed Bill.

The Bill will now proceed to Third Reading in the House and, if passed, head to the Senate for review.

“As the legislation process continues, our industry will remain active to ensure the protections remain in the Bill through the Senate process,” Lawson added. “We also recognize that with this potential emergence of sports betting in the near future, our industry will face increased competition in the legal wagering market and must pursue additional sources of revenue to further protect our industry.”

As an established leader and trusted Canadian organization in regulated single-event sports betting in Canada, Woodbine Entertainment will continue to advocate for an opportunity to participate in sports betting in a meaningful way.

“We look forward to continuing to engage with government and other stakeholders to offer our expertise in regulated sports wagering as Canada prepares for this new and emerging sector,” Lawson said. ““The opportunity for us to offer our leadership in this sector has the potential for sports betting to be a very positive development for the horse racing industry across the country.”

In addition to its efforts in sports betting, Woodbine Entertainment will continue to advocate for the legalization of Historical Horse Racing on behalf of the industry.

The post Canadian Sports Betting Bill Amended To Exempt Horse Racing From Fixed Odds Wagers appeared first on Horse Racing News | Paulick Report.

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Canadian Racetracks, Horsemen Address Committee Regarding Sports Betting

On behalf of the Canadian horse racing industry, Woodbine Entertainment, Racetracks of Canada, Quebec Jockey Club and the Horsemen's Benevolent Protective Association Of Ontario (HBPA), would like to thank the House of Commons' Standing Committee on Justice and Human Rights for the opportunity to be witnesses today as part of its study of Bill C-218, an act to amend the Criminal Code that would legalize single-event sports betting in Canada.

“We sincerely appreciate the opportunity to represent the horse racing industry today as Bill C-218 continues to be studied,” said Jim Lawson, CEO, Woodbine Entertainment. “After participating in today's discussion, we remain confident that the Government appreciates the importance of the horse racing industry, recognizes its substantial economic impact, and understands the need for it to be protected from any unintended consequences from the legalization of sports betting in Canada.”

During the committee meeting, Racetracks of Canada President Bill Ford, Quebec Jockey Club Director Murielle Thomassin, HBPA President Sue Leslie and Lawson reiterated support for Private Members Bill C-218 but requested that it adopt language to protect the industry and the 50,000 jobs it supports across Canada by prohibiting fixed odds wagering on horse racing.

In recognition that sports betting will likely reduce horse racing's share of the wagering market in Canada, and in response to the ongoing financial impacts of COVID-19 on the industry, Ford also requested the Government consider legalizing Historical Horse Racing – a pari-mutuel gaming product where individuals can place a wager on the outcome of races that have occurred in the past. Before the individual locks in a wager, information presented is anonymized in a way that prevents the player from identifying which historic race they are betting on.

“Historical Horse racing is currently prohibited by the Criminal Code, despite it being a proven and legal product in many jurisdictions in North America,” Ford said.

Revenue from Historical Horse Racing would be particularly beneficial to the smaller tracks that only run seasonally for a few weeks a year.

“Overall, we continue to be optimistic about receiving the protection our industry deserves and remain hopeful we will be provided with an opportunity to participate in sports betting in a meaningful way,” Lawson said.

The post Canadian Racetracks, Horsemen Address Committee Regarding Sports Betting appeared first on Horse Racing News | Paulick Report.

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Over Two Million Canadians To Enjoy Free Access To 24-Hour Racing Coverage In March

As of today, more than two million households in Canada now have access to live horse racing 24 hours a day for the entire month of March.

Ontario Racing, in partnership with Woodbine Entertainment, announced today that it is presenting a free preview of HPItv throughout the month of March for Bell Television subscribers.

“As part of our mandate to promote our sport, Ontario Racing is proud to present this free preview as a fantastic opportunity for both casual and dedicated fans to experience world-class horse racing from across the globe, including outstanding live racing coverage from racetracks across Ontario,” said John Hayes, Independent Chair, Ontario Racing. “Viewers will also be able to access professional handicapping tips, in-depth race analysis, and get the chance to see some of the sport's top stars, both equine and human, vie for victory at racetracks throughout North America and beyond.”

Since 2005, HPItv, which is owned and operated by Woodbine Entertainment, has delivered thrilling, worldwide horse racing action to fans in the comfort of their homes or through their preferred mobile device. The March free preview on Bell features three premium racing channels, each with its own unique programing, that combine to showcase a multitude of races daily from across the world.

“Horse racing is an exciting sport and we are confident that if we continue to provide opportunities to make our sport more accessible, especially while fans cannot attend racetracks in person, interest in our sport will only grow,” said Christina Litz, Vice President, Business Development and Revenue, Woodbine Entertainment. “Last year we launched Racing Night Live on TSN and saw hundreds of thousands of new fans engage with horse racing. This free preview of HPItv is another strategy to grow our sport and we are proud to partner with Ontario Racing on this initiative for fans.”

Seasoned handicappers and new fans to racing will have the chance to watch and wager on world-class live racing currently being held throughout Ontario: Woodbine Mohawk Park, The Raceway at Western Fair District, Rideau Carleton Raceway and Flamboro Downs.

“The Raceway at Western Fair District is thrilled to learn of the free preview of HPItv for the month of March, sponsored by Ontario Racing,” said Rob Lumsden, Director of Raceway & Grandstand, The Raceway at Western Fair District. “Whether you're a first-time player or seasoned handicapper this is a great opportunity to get into the action, attract new fans and to continue to grow the fan base of harness racing in Ontario.”

HPItv features up to four tracks of live racing on a single screen from 6:30 a.m. (ET) to 2 a.m. (ET), daily. Many of the world's most prestigious racetracks including Woodbine Racetrack (Canada), Churchill Downs (U.S.), Santa Anita (U.S.), Saratoga (U.S.), Epsom Downs (U.K.), Ascot Racecourse (U.K.), Flemington Racecourse (Australia), Meydan Racecourse (Dubai), Sha Tin Racecourse (Hong Kong), Tokyo Racecourse (Japan), as well as other venues in South Africa, Europe, Asia and beyond, are featured on HPItv.

Additionally, HPItv is home to the sport's most prestigious events including the Kentucky Derby (U.S.), Breeders' Cup (U.S.A.), Epsom Derby (U.K.) and Canada's iconic Queen's Plate, slated for August 22 this year at Woodbine Racetrack.

As premium channels, the HPItv package is typically only available to subscribers, however the free preview is available to all Bell Television users from March 1 to March 31 on channels 477 to 480 on satellite and channels 475 to 478 on Bell Fibe TV.

Fans who wish to enhance their experience can complement their viewing by signing up for HPIbet.com. HPIbet is Canada's leading horse racing wagering site and is a safe, secure and convenient way to ensure users don't miss a moment of the action or an opportunity to place a bet.

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Canada’s Parliament Passes Safe and Regulated Sports Betting Act

Canada's Private Members Bill C-218, which amends the Criminal Code of Conduct regarding sports betting, was passed in the House of Commons Wednesday, Feb. 17. It will now continue to the Justice Committee, the Senate, and the Governor-General. A similar bill, C-13, introduced by the federal government to legalize single-event sports wagering while including language to protect the horse racing industry, is scheduled for a second reading Friday. Both are widely expected to pass and pave the way for Canadians to participate in single sports betting, while also adopting language to protect the long-term sustainability of the horse racing industry.

“We continue to be very supportive of the legalization of sports betting and are confident that through the legislative process the government will protect the industry that supports tens of thousands of jobs, generates significant economic activity, and is a way of life for thousands of Canadian families,” said Jim Lawson, CEO of Woodbine Entertainment, which has legally operated single event wagering through a pari-mutuel model for decades.

“Sports betting in Canada is a significant opportunity for the Canadian economy and equally exciting for sports bettors,” continued Lawson. “We remain highly focused on ensuring the horse racing industry not only is protected but has an opportunity to participate in it in a meaningful way.”

The post Canada’s Parliament Passes Safe and Regulated Sports Betting Act appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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