'One of the world leaders': Province cashes in on sports betting

Summarized by: Live Sports Direct
 

Sports betting became legal in Ontario on April 4. The first big bet was a $500 parlay of North Carolina over Kansas in the NCAA men's basketball final and Toronto Maple Leafs over Tampa Bay Lightning. Mitch Dobney and a West Coast partner own MT Trading, a company that bets the money of the two owners. They hope to expand to a brick-and-mortar location one day. Attorney General Doug Downey says the industry is profitable but it's still a black market.


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