BCLC warns bettors about offshore sports betting sites

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  • A week into the NFL season, officials began warning consumers about the dangers posed by unregulated products. sports betting websites.
  • Nevertheless, if current statistics are any indicator, consumers in North America have become much more adept at distinguishing between licensed and unlicensed products. sport bets. 46.6 million American sports fans are expected to bet on the 2022 NFL season.
  • The British Columbia Lottery Corporation operates the province’s only legal gambling website.
  • BCLC may need to consider broader legislation to suspend access to offshore websites in the province.

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Massive handle in sports betting planned for the NFL

Nonetheless, more than 100 million geolocation activations were recorded in the first week of the NFL, according to GeoComply.

Now, the British Columbia Lottery Corporation in Canada advises consumers to only look for licensed and regulated bookmakers. The BCLC has issued a warning that many offshore sportsbooks attempt to divert traffic from the United States, which is linked to an increased risk of losing financial data, personal information and money.

Marie-Nolle Savoie, BCLC’s chief compliance officer and vice president of legal, compliance and security, said hundreds of websites continue to operate illegally in British Columbia, urging residents to do exercise caution and play only on PlayNow.com, BCLC’s regulated online service. gambling site.

PlayNow.com is the only regulated website in British Columbia, unlike Ontario, which legalized private gambling and allowed foreign companies to compete with the local gambling monopoly.

Savoie went on to argue that PlayNow.com provides strong consumer health safeguards and helps make the right gaming decisions, unlike an offshore industry that is only concerned with player acquisition and revenue generation. to the detriment of the financial and mental health of the players.

Solid income can be increased by expanding legalization

BCLC was able to generate a net income of $1.3 billion from the province. PlayNow.com contributed $293 million to that total. Funds are used locally to support a variety of charitable initiatives and budget shortages.

Either way, British Columbia may have to follow in the footsteps of Ontario and the United States as a whole in order to achieve the best sports betting results and prevent consumers from accessing offshore sports betting sites, which usually offer better odds and promotional offers and are unlimited. by legal obstacles.

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