FanDuel and Betway are just two of several major iGaming operators that recently announced they would be pledging their share of at least CA$300,000 over a period of 36 months to support Canada’s national athlete education scheme.
The aim of this investment is to address the possible threat posed by potential max-fixing scandals and other fraudulent activities linked to sports betting to protect the integrity of the athletes involved, the regulated market, and sports in general.
As we see FanDuel and Betway invest in the Canadian athlete education program, can we agree legalization was positive for Canada? Take a closer look right here.
How will the program help to prevent max-fixing and other fraudulent activities from taking place?
The IBIA (International Betting Integrity Association) and its member companies, two of which are FanDuel and Betway, have recently announced their intention to launch and then continue to support a national athlete education program in Canada.
Their goal is to eliminate any possible threat of match-fixing and other scams associated with sports betting by educating athletes in several major sports, including the NHL, NBA, NFL, Hockey Canada, the CPL, and the CFL, on the dangers of such activities.
They pledged a total of CA$300,000 over a period of three years, and their plans were revealed in Toronto in late May 2023 at the Symposium on Competition Manipulation and Gambling in Sport.
Also in attendance were the Alberta Gaming and Liquor Commission and the Alcohol and Gaming Commission of Ontario.
The scheme will include important tools to combat the risk of match-fixing and corrupt betting with awareness-raising materials, an anonymous reporting app, and an online education portal.
The group is committed to shaping a better future for iGaming and maintaining the integrity of everyone involved in sports and sports betting, from the players to the regulators and the sports organizations in Canada.
Can licensed sports betting sites and online casinos in Canada be trusted?
Yes. Canada’s online sports betting sites and casinos rank among the world’s safest and most trusted real money gambling sites.
The security of these sites and the transaction speed is important for players, which is why Canadian instant withdrawal casinos for example, have become so popular in recent years.
These sites are controlled by some of the iGaming industry’s most trusted operators. They have proven track records and excellent reputations, and the websites are protected round the clock by advanced SSL (Secure Socket Layer) encryption technology.
The games are provided by some of the industry’s leading software providers and game development studios, and the games are frequently tested and constantly monitored by trusted third-party online casino testing agencies.
Also, the sports betting markets at these sites are among the most competitive in the industry, which means Canadians can always look forward to fair prices when placing sports bets.
Has legalization been a positive thing for Canada?
Yes, the legalization of online gambling in Canada has led to a much better-regulated market and a safer place for Canadians to spend their money.
Schemes like the new Canadian Athlete Education Programme show the integrity of operators and regulators who are trying to make the industry as secure and transparent as possible.
Players no longer need to sign up to offshore casino sites or sports betting sites licensed by what are known as rubber-stamp (bottom-tier) licensing authorities and can now sign up to locally licensed sites controlled by some of the industry’s biggest names.
The operators of these sites and the regulators who issue licenses and monitor their day-to-day operations are also committed to promoting responsible gambling to protect the registered members who sign up to real-money gambling sites. In short, legalization has been a positive thing for Canada.
Before signing up to an online sports betting or casino website, it would be a good idea to read the reviews to determine whether the site is safe. If you head to the official CasinosCanada.com website, you can find the latest honest reviews for some of Canada’s most trusted sites.
They are free to sign up to. They accept Canadian dollars and welcome several perfectly secure, convenient, and reliable Canadian online payment solutions.
Don’t forget that you must be of legal age to sign up to these sites, which could be 18 or 19, depending on the type of website you are trying to sign up to, and the province or territory you are based in. Always check that you are of legal age before attempting to sign up to one of these websites.