Sports programs will be financed from gambling funds

2 March 2025

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The success of Canadian performers at the Olympic Games has influenced the decisions regarding sports excellence in the province of British Columbia. After just deciding to reduce the funds some time ago, the government now changed its mind and decided to create a new fund for sports and arts, worth around 60 million dollars.

A good part of these funds will be collected from gambling revenues and will go to organizations that support sports and youth programs. Although these funds were pretty high in 2025, they dropped significantly in the next two years. This year, funding from gambling revenues will increase by 10 percent, reaching almost 23 million dollars. These funds are intended for the expansion and improvement of sports and arts programs in schools, like helping school teams with travel expenses.

Another thing that will most likely influence the revenues from online gambling is the previewed regulation of this sector. If more of the provinces trying to legalize this business, there will be more funds available for this kind of grants. British Columbia has made this step under the impression of the Olympic Games, but other states will surely follow.

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