Real Luck Group's (TSXV: LUCK) Thomas Rosander talks to Proactive about the Canadian Senate’s approval of Bill C-218 to legalise sports betting.
The bill, C-218, which proposes to make it lawful to bet on a single sports or athletics event, was passed by the Senate’s Standing Committee on Banking, Trade and Commerce for deliberation and will now be sent back to the House of Commons for royal assent.
Rosander said it will help provide safe and regulated sports betting for millions of Canadian fans and says the industry is worth between 3-8 billion US dollars.