Former OLG Chair Appointed Bragg Director
Gaming and entertainment giant Bragg Gaming Group has appointed former OLG Chair Paul Godfrey to its board of directors. Godfrey, a well-known Canadian publishing baron, has many years of experience in the world of media, gaming, and sport, and is as such considered a stellar addition to the Bragg team as Canada prepares to embrace and legalise single-event sports betting.
According to Bragg Gaming CEO Adam Arviv, Godfrey is considered an “invaluable” asset and addition to the company as it moves ahead with its plans for growth. It’s a pleasure to welcome Godfrey to Bragg’s “championship” team and to be able to rely on and look forward to his experience and guidance, said Arviv of the latest Bragg Gaming appointment.
Godfrey Will Lead Sports Betting
Godfrey, who founded media giant Postmedia in 2010, will continue to act as Chair of the Postmedia Network. He is also a former President and Chief Executive Officer of the Toronto Blue Jays, and was part of the team that built Toronto’s Rogers Centre (previously known as the SkyDome).
In addition to his vast experience in sport and the media, the former OLG Chair enjoyed a prominent career in Canadian politics. He acted as alderman, and later as Chairman, of Metropolitan Toronto. He’s been a visible and active participant in countless local professional sports organisations and governing bodies, and is considered an expert in Canadian sports commerce and operations.
Godfrey’s latest task at hand will be to guide the gaming giant as it formulates its own strategy for an evolving gaming and sports betting market.
Positive Changes Are Coming
Canada in November 2020 unveiled official legislation to legalise single-event sports betting, which will see the country follow in the footsteps of several US states.
C-218, which legislation will effectively remove the ban on betting on single games, was late last year formally introduced as government legislation by Minister of Justice David Lametti. This after legalised sports betting markets in several states, including New York, Michigan, and New Hampshire, brought legalised single-game betting right to the front door of Canada’s borders.
The legislation, which reportedly enjoys strong support from all major House of Commons parties, is expected to be passed as early as the spring. The enactment of the new bill is considered to result in a major economic boost for local Canadian markets, with an estimated CA$14.5 billion being bet on sports in the country annually – most of it, illegally.