The government will be making a "devil's bargain" if it moves ahead with a recommendation to boost revenue for sport organizations through taxes on sports gambling, former track and field Olympian Bruce Kidd said.
Should gambling taxes fund sports? Former Olympian says it's a 'devil's bargain'
The Canadian government is considering a proposal to fund sports organizations through taxes on sports gambling, a move criticized by former Olympian Bruce Kidd as a 'devil's bargain' that could lead to financial and ethical risks. This policy shift affects sports leagues, gambling operators, and taxpayers, potentially creating conflicts of interest and regulatory vulnerabilities in sports integrity.