U.S. sports betting legalization threatens Canadian gaming business

There is hope in the Canadian sports gambling community that a landmark legal decision in the United States will finally spur modernization in this country.

On Monday, the U.S. Supreme Court struck down a longstanding federal law that had barred most state-authorized sports betting outside of Nevada.

It will now be up to individual states to decide if they want to offer sports betting. New Jersey, which won this case against the NCAA, NFL, NBA, NHL and Major League Baseball, is expected to be the first to offer sports wagering. Fifteen other states — including Delaware, Mississippi, New York, Pennsylvania and West Virginia — have also indicated interest.

Meanwhile, Canada runs the risk of lagging behind, says Paul Burns, the president of the Canadian Gaming Association…

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