Racing fans can’t place Kentucky Derby bets in Ontario’s fixed-odds industry
TORONTO — Messier will attempt to become just the third Canadian-bred horse to win the Kentucky Derby on Saturday, but racing fans won’t be able to wager on him in Ontario’s fixed-odds sports betting industry.
Single-game sports betting became legal in Canada last summer, with the market opening fully in Ontario on April 4. However, before Bill C-218 was passed, it was amended to not permit fixed-odds wagering on horse racing to protect the industry in Canada amid concerns sports books would “cannibalize” it.
Betting in horse racing is regulated federally, not provincially. The Canadian Pari-Mutuel Agency, a branch within Agriculture and Agri-Food Canada, supervises pari-mutuel betting in Canada on horse racing.
The Criminal Code of Canada only permits pari-mutuel betting in this country on horse racing. Any other type of betting on the sport, including fixed-odds systems, is illegal.