Online gambling continues to grow in Canada
Canada is now on the top 10 list of countries with active gamblers worldwide. This is attributed to the laws that regulate gambling in the country which have helped the Canadian gambling industry flourish.
According to research conducted by Research and Markets which focuses on the gambling industry in Canada, it found that the industry is “mainly characterised by a shift from traditional gambling activities to online gambling.”
Online gambling is flourishing worldwide and Canada is no exception! Online gambling now constitutes one of the biggest sectors of the industry as it allows ease of access and convenience of play. And let’s not forget about the variety of games! For such reasons, more gamblers are shifting their attention towards online platforms and abandoning land-based casinos.
Currently, the Canadian online gambling industry is turning around $31 billion yearly. This includes online casinos offering live dealer games, keno, blackjack, roulette, baccarat, slots, table games, video poker, and card games.
The online gambling industry in Canada is expected to grow bigger in the coming years as online casinos offer new and exciting ways to play popular casino games.
Advancements of technology provided by casino software in Canada also contribute to strengthening the online gambling sector. Major software providers that offer entertaining casino games across Canada include renowned providers such as; Microgaming, NetEnt, PlayTech, and Real Time Gaming.
Is gambling online legal in Maple Country?
It is worth mentioning that even though online gambling is gaining a great deal of popularity in Canada, yet laws regulating such operations are still in the grey. When it comes to the Canadian government it has chosen to take a neutral stand allowing each province or territory to regulate its laws regarding gambling.
Quebec was amongst the first provinces to operate online gambling in Canada. Other provinces like Alberta, Manitoba, and Saskatchewan are aiming to follow suit when it comes to gambling legislation.
According to Casino Reports, “Canadian provinces like Alberta, Ontario, Manitoba, are increasingly more relaxed in their stance towards online gaming. There is less resistance to operators wanting to set up shop in Canada and run legal online gaming services.”
The liberalisation of online gaming across Canada is slowly gaining momentum. Especially since provincial legislators understand the importance of deriving revenue streams from regulated online gaming activity.
Currently, Ontario is leading the way when it comes to online gambling revenues with British Columbia in second, Quebec in third, and Alberta in fourth place.
Given the rising popularity of online gambling in Maple Country, as well as parallel advancements in technology including; mobile technology and virtual and augmented reality technology, are all signs pointing towards the growth of the industry in Canada.