21-Sep-06. Horse-racing industry eager to bring Vegas-style betting to Canada. National Post, B12.

The lobby group representing horse racing tracks in Canada has begun preliminary discussions with the federal government about the possibility of allowing the country’s racetracks to operate sports books on their premises. The Criminal Code of Canada current prohibits wagering on individual sporting events with the exception of horse racing. The federal government currently collects 0.8% of every wager on horse racing made in Canada and could be expected to collect at least that much if sports books were allowed.