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Federal Justice Minister David Lametti is expected to introduce legislation in the next couple of months that will legalize single-event sports betting in Canada. One company is positioned very well to handle single-event sports betting and that is The Score Media and Gaming (SCR.TO). When news leaked that David Lametti was going to introduce the new legislation, the SCR.TO stock price went from $0.70 to $1.63 in over a week. That is a 233% increase!
Keep an eye on SCR.TO in the next couple of months. It could jump again!