What is the Future of Gambling Sites in Canada?
The vast majority of gambling websites on the internet are run by international operators based in Canada, which has a thriving online gambling industry. The rules and regulations that regulate online gambling in Canada are not entirely clear.
As a direct consequence of this, the government has historically taken a more lenient stance toward online gambling companies. The market for online gambling in Canada continues to show signs of healthy growth with each passing year. New players’ canadian gambling sites often view it as a means of locating the most reliable online casino in Canada, where they may compete for genuine cash prizes while still having a good time.
There have been a lot of shifts and developments inside the Canadian market. The gambling industry in Canada has been affected both positively and negatively as a result of these measures. Recognizing it will go a long way toward enabling you to appreciate all of the advances paysafecard casino that has taken place inside the sector. In addition, the recent changes can assist us in gaining a better understanding of the industry’s prospects in Canada moving forward.
Online Gambling in Canada
Despite the fact that 2016 was a dismal year for a lot of other sectors of the economy, and 2021 is not likely to usher in any significant shifts in this regard, the gambling market has witnessed significant expansion thus far.
Due to regulations and the closures of land-based casinos, it is true that internet gambling has become far more popular than traditional forms of gambling. Despite this, there are representatives of land-based casinos who have been successful in developing their operations in the context of the internet world. And those that are already online have strengthened their positions, while new online casino sites have also earned their rightful place in the spotlight.
Even once the pandemic is over, it is anticipated that online casinos would prevail over traditional land-based casinos. The fact of the matter is that gamers are already accustomed to playing the game from the convenience of their own homes. To begin with, it is uncomplicated and helps save both time and effort. You can participate in online gambling from the comfort of your own home, or you can use your mobile device to gamble while you are traveling or waiting in line at the grocery store. After all of these conveniences, we seriously doubt that gamers will return to traditional casinos in any significant number.
Sports Betting in Canada
The sports sector, particularly the betting on the sports industry, has been considerably shaken up over the course of the past year. Because of the global epidemic, all of the most important sporting events had to be postponed or canceled for more than a year. Bookmakers were powerless to take any action and could only sit and wait till everything was returned. Naturally, they saw a major decrease in revenue, but as of right now, things are getting back to normal. People are now able to watch sports and place bets because sporting events are equipped with the appropriate self-safety mechanisms before they take place.
Aside from the pandemic problem, Canadians may now rejoice in the significant adjustments that have been made to the legislation regarding sports betting. On February 23 and 25, 2021, the Justice Committee was going to look into a private member’s bill called C-218 that enables betting on specific sporting events. notwithstanding the fact that the Supreme Court will hear the final submissions and revisions to the bill on March 11 and 23, 2021. And in the event that Bill C-218 is finally passed into law in Canada, the provincial regulators will be the ones to decide how to implement single-event sports betting and how to organize its subsequent regulation. The earliest that may be anticipated is in the month of August. Therefore, all that is left for us to do is take a seat and patiently await the moment when the government of Canada will make betting on sports legal.
As has been indicated, a significant number of traditional venues moved their operations online, which was a smart step for their continued existence in 2020 and beyond. In the midst of the rise in popularity of online casinos, there has also been a meteoric rise in the number of new gambling firms. Many companies made the right choice by deciding to digitize their operations, as they were better able to respond rapidly to shifting market conditions. In relation to online gambling, we anticipate that the industry will continue to expand from this point forward.
However, there is still room for improvement and the introduction of novel gaming strategies and concepts. Recently, the concept of gambling in virtual reality has advanced to the point that gaming companies are nearly defeating one another in their race to develop the first virtual reality game that can be played by anyone, anywhere, from the convenience of their own homes.
Although it might be challenging from a technological standpoint, the brightest and most capable minds are already hard at work developing ways to incorporate technology into people’s everyday lives. Given that the gaming market in Canada is currently one of the largest in the world, gamers in Canada can anticipate the changes to take place either as early as 2022 or on the cusp of 2023.
The transformation of internet gambling into a virtual reality experience is an intriguing and potentially lucrative concept. And we anticipate this breakthrough coming from live casino game creators, as live gambling comes the closest to its virtual reality counterpart. However, in order for players to participate in virtual reality casino games, they will need to have the appropriate equipment. To begin, there are virtual reality goggles, as well as a dedicated space. Although no one can really predict how this technology will be applied in the real world at this point, it is nevertheless fascinating to watch as it develops.
Casinos With 0% House Edge
Even though there has recently been a transition from traditional casinos to online gambling sites, technological advancement is not going to stop there. It’s unfathomable to think that someone might design a brand-new kind of casino that has no house advantage at all. Although it has not yet achieved complete dominance in the gaming market, this is something that is likely to happen within the next few years.
Another kind of online casino is completely decentralized thanks to the utilization of blockchain technology, exactly like the crypto casinos that were misunderstood not too long ago. In addition to this, it uses the technology of smart contracts, which eliminates the need for a house edge. Therefore, instead of competing against the casino, players take on one another as their adversaries. The only money that can be bet on and won in a decentralized casino is bitcoin. Visit our gaming blog if you are interested in learning more about the blockchain casino that has no house edge.
Although decentralized casinos are not yet accessible to Canadians, this will change very soon. In the near future, residents of Canada will be able to give it a try. The online gambling industry currently features crypto online casinos such as 7Bit casino, which in addition to offering Bitcoin games also accepts various cryptocurrencies as payment. The fact that players at bitcoin casinos are allowed to make withdrawals without first having their accounts verified is the finest aspect of playing at these casinos.
The many benefits that come with using a crypto casino are starting to become more widely known among gamers. They begin with not having to register generous bonus offers and continue on to include simple withdrawals that do not require any documentation. You are free to explore cryptocurrency gambling sites on your own. Read through our gaming blog to find out how to pick the best bitcoin casino.
Advantages of Participating in Online Gambling in Canada
There are perhaps still some people who do not trust websites for online casinos. However, there are those gamers who fell in love with them at first glance. If you play at a casino that is authorized, there is also no reason to be concerned about the safety of real-money online gambling. The following are some of the advantages of participating in casino games via the internet in Canada:
- Comfort: You are not confined to a single location when you engage in activities such as playing games online. You have the option of gambling from the comfort of your own home or using a mobile device. Just make sure you have a reliable internet connection. There is no need to get dressed up or travel to the closest gambling establishment.
- Simple Transactions: You can use the online banking service provided by your bank or any other payment provider to make a deposit in an instant play game. Withdrawals will take slightly more time, and it is likely that you will be required to send in certain documents for verification. However, as soon as you rectify the situation and do everything correctly, the monies will be deposited into your bank account.
- No Taxes: In Canada, gains from gambling are not subject to taxation under most circumstances. This means that you are exempt from paying taxes regardless of how long you spend playing games online. Your money is yours to keep in its entirety, and it does not matter how much you won.
The Future For The Online Gambling Market in Canada
It would appear that the online casino industry in Canada has a prosperous future ahead of it. This pertains to accumulating substantial profits associated with the sector as well as increasing the total quantity of games. Those who are worried about concerns related to gambling can have peace of mind knowing that the authorities are treating all areas of gaming with the utmost seriousness. It is commonly known that the government of Canada places a high priority on public health as well as liberal principles.
Emerging Trends in the Online Gaming Sector in Canada
It is believed that the annual total revenue generated by the gambling industry in Canada over the internet is greater than $31 billion. It is the most important part of the entertainment industry in Canada.
It is anticipated that the annual revenue generated by the worldwide gambling industry will increase to more than 180 billion dollars during the next several years. Canada will be responsible for a substantial amount of that, and the figures will continue to rise as a direct result of these trends.
The Critical Need for a Regulated Gambling Market
Through the legalization of internet gambling and sports betting, Canada is prepared to make its debut in the regulated gaming industry. Because of these additional limits, the state as well as the players will benefit from this action. The government will have the ability to collect a considerable amount of tax revenue, and local players will have access to a wider variety of games to choose from.
This, of course, raises worries about the myriad of problems that come along with wagering over the internet. The fact that video games can be very addicting is one of the primary causes of concern. Legislation is now being drafted by industry professionals in order to ensure that the newly emerging gambling sector will be developed in a responsible manner.
The new regulation will have a substantial effect on the business of online casinos due to the fact that wagering online was previously only possible through a select number of government websites located inside certain provinces and casinos located offshore. Only time will tell how much better off the state and the consumers will be as a result of the shift.
The governments and legislative bodies of the world are fully aware of the importance of reforming their systems. Things are moving in this direction, albeit at a snail’s pace. Even while some of the new regulations might appear to limit player options, it is in the players’ best interest for the gambling business to be as tightly regulated as possible.
The Rules are Getting More Stringent
The laws governing gambling in Canada are generally considered to be laxer than their American counterparts. In the early days of the internet, it was against the law in Canada to both register and operate an online casino. When it comes to gambling in its many guises, the Canadian Criminal Code lays out the parameters for what constitutes a criminal act.
At the moment, there is such a large legal void surrounding the practice of online gambling that enforcement is practically nonexistent. Keeping order, however, is the responsibility of each individual province and territory. There is no standardization of the game rules or options throughout any of the provinces or territories. Some of them do not have websites that are sanctioned by the government, while others do.
Websites that offer gaming that takes place outside of Canada are very popular there. This is primarily due to the fact that they offer deals and incentives that are not available in the casinos located in Canada.
The regulations that regulate casinos available via the internet are extremely vague. As a result, offshore installations are considered to be prohibited in theory. On the other hand, there is no mechanism in place to stop those from Canada from participating.
Mobile Gaming Trends are Becoming Popular
It is thanks to the proliferation of mobile technology that virtually everyone may now participate in the lucrative online gambling industry. Tablets and smartphones are currently the two most popular electronic devices that people use.
In Canada, an astonishing 86 percent of the population possesses a mobile phone of some kind. A mobile device provides you with easy access to a gaming account, which increases the likelihood that you will be successful.
According to the data, the number of consumers using online casinos increased by 2 percent in 2020, while the earnings from using online casinos increased by 24 percent. These numbers went up in 2021, and it is quite likely that they will keep going up in the years to come. Because of this, virtually every online casino today has either a website that is optimized for mobile play or a gambling app that is free to download.
Internet speeds are Super-fast Now
When it comes to playing games of any kind, loading times are a very important factor. When playing casino games for real money, having a slow internet connection is unacceptable. The federal government of Canada has worked hard to ensure that all Canadians have access to the internet, and they have made some headway toward this goal. This is demonstrated by a report that was produced by OpenSignal. Canada came in at number 25 on the list based on its average connection speeds. In comparison to the other countries in North America, that is breathtakingly quick.
Technology has Made Game Choices Better
The many different gaming alternatives continue to expand along with the development of new technology. There are currently hundreds of smartphone applications that may be downloaded by everyone living in Canada. The current state of online casinos in the country serves as an excellent example of the mutually beneficial relationship that exists between the two organizations.
Additionally, Canada is home to a smattering of software engineers. It would appear that innovation is the norm in Canada, which is a highly technological country. In comparison to other parts of the world, the internet connection speed and reliability in Canada are both noticeably superior. A number of classic casino games have been given a contemporary makeover thanks to the efforts of software developers.
The addition of narratives and characters from movies, television shows, or other forms of popular culture to the reels of slot machines has become a popular form of entertainment in addition to being a form of gambling. Live dealer games are yet another ground-breaking innovation made possible by upgraded internet standards. There will soon be other exciting developments.
The Influence of the Coronavirus on the Industry
There is a correlation between the prevalence of the coronavirus and the success of the online gambling industry in Canada. It is a result of the installation of closure and capacity controls in Canadian restaurants, movie theatres, casinos, and other public areas where people congregate socially.
It should come as no surprise that people started using the internet to fill the time when they began isolating themselves socially. Surprisingly, during this time period, more Canadians discovered online casinos, despite the fact that they were spending most of their days at home. Because of this, it is now possible to experience the excitement of a casino without leaving the coziness of one’s own living room sofa. As a direct result of the recent trend, an increasing number of online casinos have opened their virtual doors all over the world.
According to the current trend, online gambling is going to have a bright future. Everything that can be done from home or remotely is currently quite popular. Canadians’ best pals in the last year have been their desktops and mobile gadgets. In 2023, there will still be a lot of growth in online popularity. Because of this, we expect a large number of players to switch their attention to online casinos. Join the greatest online casinos in Canada if you want to stay on top of the latest developments in online gambling. And don’t forget to check out our gambling blog!
What Do Canadians Think About Gambling Ads And Its Possible Ban?
Canadians’ opinions on gambling advertisements and the potential ban surrounding them have sparked considerable interest. The issue has ignited discussions about the impact of these ads on society and individuals. With concerns about excessive gambling and its consequences, some Canadians advocate for a ban on gambling advertisements, while others emphasize the importance of freedom of expression and responsible gambling messaging.
This article delves into the perspectives of Canadians regarding gambling ads and explores the potential implications of a ban, shedding light on the ongoing debate surrounding this contentious issue.
How Does the Online Gambling Ads Industry Work in Canada?
In Canada, the gambling ads industry operates within a regulatory framework that aims to balance the promotion of gambling activities with responsible advertising practices. The influence of gambling ads can be significant, especially considering the increasing popularity of online gambling platforms and the widespread use of digital advertising. Also, gamblers consider ads as one of the indicators to choose the most suitable and profitable platform which makes ads even more important. If you are also looking for the best online casino Canada, you can take into account the ads and their suggestions.
The regulations for gambling ads in Canada vary across provinces and territories, as each jurisdiction has its own gambling regulatory authority. For instance, the Alcohol and Gaming Commission of Ontario (AGCO) oversees gambling activities in Ontario, while the British Columbia Lottery Corporation (BCLC) is responsible for gambling regulations in British Columbia. These regulatory bodies enforce rules to ensure that gambling ads are socially responsible, fair, and compliant with relevant laws.
While successful examples of gambling ads in Canada can be subjective, several notable campaigns have gained attention. The Ontario Lottery and Gaming Corporation’s (OLG) “Know Your Limit, Play Within It” campaign focuses on promoting responsible gambling behaviors and educating players about the importance of setting limits. This campaign emphasizes the importance of self-control and moderation.
The influence of gambling ads in Canada is substantial, as they have the potential to shape perceptions and behaviors. Effective gambling advertisements can create a sense of excitement, showcase the variety of gambling options available, and entice individuals to participate. However, there are concerns that these ads may also contribute to problem gambling behaviors or target vulnerable individuals.
To address these concerns, Canadian regulations impose restrictions on gambling advertising content and placement. Advertisements must include responsible gambling messages, such as promoting self-exclusion programs, providing information on problem gambling helplines, and encouraging responsible play.
Are Gambling Ads Good or Bad?
From the perspective of casinos, gambling ads serve as a means to attract new customers and promote their offerings. Through captivating visuals, enticing promotions, and enticing narratives, these advertisements aim to create brand awareness and generate revenue. They provide a platform to showcase the diverse range of games, amenities, and entertainment options available at a casino. Moreover, ads often emphasize the potential for large winnings, which can pique the interest of individuals who may not have considered gambling previously.
For gamblers, gambling ads can offer valuable information about new games, promotions, and special events. They can provide a sense of excitement and anticipation, encouraging individuals to visit a casino and engage in their preferred form of gambling. Additionally, these advertisements can serve as reminders for responsible gambling practices, with many ads featuring messages about setting limits, seeking help for problem gambling, and promoting self-control.
However, some argue that these advertisements may normalize and glamorize gambling, leading to excessive or problematic gambling behaviors. They may also target vulnerable individuals, such as those struggling with addiction or financial difficulties, exacerbating their challenges. Critics also contend that the pervasive nature of gambling ads can create an environment that encourages impulsive or uninformed gambling decisions.
Gambling Ads Can Be Banned in Canada
Prominent figures such as Olympic medalist Clara Hughes, children’s entertainer Raffi Cavoukian, and former school principal and NHL hockey dad Karl Subban support the Campaign to Ban Ads for Gambling in Canada. Their involvement raises awareness about the concerns surrounding gambling advertisements and advocates for stricter regulations to protect vulnerable individuals and youth. The Canadian Mental Health Association (CMHA) also raises concerns about gambling ads.
CMHA Ontario CEO Camille Quenneville expresses deep concern about the negative impact of online gambling advertising, including sports betting, on vulnerable individuals, especially youth. Studies have shown that gambling advertisements normalize the behavior and contribute to increased gambling among young people. According to a recent Statistics Canada study, over 300,000 Canadians are identified as being at moderate or severe risk for gambling-related issues.
In response to these concerns, there are varying opinions on how to address the issue. While some argue for a complete ban on gambling ads, others, like Jeffrey Derevensky from the International Centre for Youth Gambling and High-Risk Behaviors, propose implementing regulations as a solution.
The debate surrounding gambling advertising reflects the need to strike a balance between promoting responsible gambling practices and protecting vulnerable individuals, especially young people, from the potential harm associated with excessive exposure to gambling promotions. Derevensky proposes reducing the number of ads and making them less enticing, as well as scheduling them for later hours to limit exposure to younger audiences.
Balancing the need to protect vulnerable individuals while still allowing for responsible gambling is a complex challenge. The focus should be on promoting responsible gambling practices and raising awareness about potential risks associated with gambling rather than solely relying on advertising to attract customers.
Big News For Canadian Bettors: Betano Is Finally Licensed in Ontario
If you live in the Ontario area and you’re excited to try a new bookie with the recent legislation in Ontario, Betano has come to save the day.
The last six months have been a maelstrom in Ontario right after the legislation to allow online gambling and sports betting has been passed. This new law in Ontario is a huge deal for Canadians because online gambling and sports betting weren’t allowed in Canada before that. Naturally, Ontario received a huge influx of applications from many gambling operators in a short time.
The “gambling legislation” in Ontario is still not a permanent thing, as for now, it will only run temporarily for 12 months, however, more and more operators are receiving their licenses daily.
One of the lesser-known bookies is taking the Canadian market by storm with its mind-blowing offer. Betano’s goal is to replicate what it did in Europe and become one of Ontario’s market leaders. So buckle down, and let’s take a quick look at what Betano has to offer to Ontarians.
The Good and Bad About Online Gambling in Canada
The government of Ontario has recently and officially launched its new online gaming market, including online casinos and esports betting sites.
iGaming Ontario made it possible with the help of a new legislation that has taken Canadian players by surprise as before no other province in Canada was allowed to have any online gambling.
But while online companies and gamblers around Canada celebrate, some individuals are worried what it all might mean for the province’s brick-and-mortar Casinos. Also, gambling addiction experts have said that it is quite concerning that Canadians are given such free access to gambling.
But the good thing is that Ontario now has a new revenue stream, as the online gambling market is meant to protect Ontarians by offering a legal alternative to the existing ‘’gray market’’ of online gaming options. The new law will enable more responsible gaming, prevent underage access, and ensure compliance with applicable laws, including anti-money laundering rules and regulations.
So, on one hand, allowing legal online gambling, Ontarians are risking an increase in gambling addiction, on the other hand, legal online Casinos and bookies will make the province richer and will make the gambling market more secure. In fact, that’s the main reason why the law has been made in the first place.
Before this law, online gambling was present in Canada but it wasn’t completely legal or illegal. That’s why, the Ontario province, preferred to make online gambling legal and at least make it safe and protect their citizens instead of risking their safety by letting them play on semi-legal websites.
Keep in mind that the legislation is still new and may be subject to changes short-term, so take a look at our news feed and we’ll keep you updated on the online gambling market situation in Ontario.
What Is Betano? And Why Is It a Big Deal?
Among the ocean of operators who are trying to get a piece of the cake in Ontario now that online gambling is allowed, we have Betano.
Betano is a European-owned bookie that is extremely popular in the old continent. Founded in 2016 by Kaizen Gaming, it has revolutionized the online gambling scene in Europe with its massive offer of various sports and features. Most bookies focus on just a few sports, however, Betano took a very different approach and offers a vast selection of every sport imaginable.
On top of that, the German bookie also provides a fantastic Casino and live Casino feature, as well as an eSports section if you’re not really into regular sports but you love the thrill of betting.
After taking over the European market, Betano is looking to expand even more, and this time their goal is to take over Canada too.
What Makes Betano Different?
We spoke about this earlier, but we’ll go more in-depth in this section about what makes Betano such a success. What Betano understood was that some bettors want a great variety of sports instead of bookies being too much focussed on a few sports.
This allows players to bet even on pretty unknown sports that are often not even available on betting websites.
And the best thing is that not only you can see live results for all these sports and their most important matches, but you can also bet and win cash on them.
Live Sports is also an option available on Betano, as some players love the thrill of betting live on a team while they’re still in the heat of the match.
As for the Casino and live Casino, there are a lot of games to choose from if that’s what you prefer. There are hundreds of games of almost any type you can think of, although we have to mention that Betano’s Casino is very focused on slots. In fact, there are more than 300+ slot games.
Betano’s live Casino is still a pretty new feature, however, Betano did a great job at making it as immersive as possible. The games on the live Casino are very similar to what you have on the regular one (you’ll find games like Blackjack and Poker) with the only difference that you’ll play with an actual person live on the table. One great feature of the Casino section is that you can see the minimum and maximum bets on the preview image of every game before even clicking on it.
The Casino section, although good, is underwhelming compared to the competition, however, Christos Mavridis ( live Casino Manager at Kaizen Gaming) ensures that a new upgrade is coming that will make their Casino stand above the rest. They plan to surpass everyone else with a technology called “Real Deal” that will deliver unprecedented levels of fun and excitement.
Lastly, we have eSports. Even with something as “new” as eSports, Betano still provides a fantastic selection of games to bet on. If you don’t enjoy regular sports but are more of an eSports fan, Betano sports has you covered. The European bookie eSports section is one of the most critical aspects of the website, but it is not available to all countries and players.
Is Betano Safe to Bet on and Play?
Safety is another distinctive feature of Betano as it has the iGaming Ontario license and has sponsored many international pro soccer teams in the past such as FC Porto and Olympiacos FC.
How Will Betano Do in Ontario?
It’s hard to give a definitive answer right now, as it’s quite an early entry and the entire gambling Ontario market is also in a newborn stage. However, the fact that Ontario’s market is so new is also a huge advantage for Betano because they have a fighting chance against the big guys in the gambling industry.
At the end of the day, it’ll all come down to how well Betano raises awareness in the right way about a potential niche that they can beat the big guys in. Betano is a leader in smaller markets like Greece and Romania, but becoming #1 in a huge and sought-after market like Canada will be extremely hard.
Betano is a fantastic option for both newcomers and seasoned players, especially if you enjoy the European soccer league. With its massive variety of sports, you certainly won’t get bored betting on the same sports. Plus, they also offer a wide selection for live betting and have a superb Casino to gamble on.
Clearly, Betano has its limitations in Canada, and all that glitters is not gold. Betano’s app is only limited to IOS users, and payment options are also insufficient if Betano’s goal is to conquer the top and dethrone the big bookies. But, Betano still has a fantastic offer, and with its amazing welcome bonuses, you might as well give it a try, as the minimum deposit for these bonuses is extremely low ($10.)
What You Need To Know About iGaming & Gambling In Canada
There’s absolutely no doubt that online gambling is one of the most popular forms of entertainment in various places in the world – and Canada has cottoned onto that. But the regulation across the country can still be confusing – what’s legal and in which provinces?
We’re going to take a look at iGaming & gambling regulations for the people who want to play at new online casinos in Canada and all of the games they have. We’ll also take a closer look at one of the latest provinces to change things: Ontario.
How Gambling works in Canada
It was just a few short months ago – April of 2022, that Ontario opened up its doors and let the big wide world of online casinos in. This big change in the legislation allows all of the businesses that offer online gambling to apply for a licence to operate there. This licence is handed out by the Liquor and Gaming Commission and is needed to legally offer gambling services in the province.
This was a huge deal for the whole of the iGaming and gambling industry – Canada has previously had an incredibly strict outlook on gambling regulation. The only way to get licensed in Canada was to have one issued by the province they wish to operate in, and any company wanting to do business there would have to stick to each province’s individual regulations.
These governing bodies don’t directly operate the casino, they only handle the licensing. It’s down to private companies to handle the online casino sites. Because each province is licensed differently, each one has its own licensing body that regulates everything gambling related within the confines of its jurisdiction.
The Case of Ontario
The government of Ontario commented back in 2020 that it had started making plans in creating a fully regulated iGaming and internet gambling sector and that regulating this would fall within the reach of its Gambling and Alcohol Commission. Registration for its iGaming Ontario program began at the end of 2021 and overseas online casino businesses could legally operate there from April 2022.
Thanks to these plans, gambling businesses from all over the world can offer their casino sites to the people of Ontario. In order to get a licence from iGaming Ontario, casino operators must be registered with the AGCO and then they can apply.
Introducing this new legislation could have a massive impact on the gambling industry, as it’s a whole new market to be established. Some of the biggest names in the gambling sector are jumping on this opportunity to offer their sites to this new and potentially lucrative market.
The Rest of Canada
Alberta is the only other province so far to allow third-party and overseas gambling companies in. All of the other states run on different legislation.
In most of the other provinces, gambling is run by governmental agencies, with incredibly strict regulations. It’s not just online casinos that are affected by these strict measures – sports betting is too. It was only recently that Canadians were able to place single-event bets – before a bill named Bill C-128 passed, all Canadians could only place parlay bets on more than one event.
The governmental agencies offer a range of different games and betting – from different lotteries to slot games and scratch cards. But due to their only being one place to play, there’s an extremely limited number of games on offer, with games from some of the big name developers such as Yggdrasil and NetEnt missing.
The Future of Online Gambling in Canada
You only need to look at other countries to try and see where the future of online casinos and betting lies with Canada. Other countries that are strict on gambling – such as America and India – are opening up their doors territory by territory and allowing third-party companies to offer their gambling-related services.
This has a number of advantages, including two big ones: A massive crackdown on illegal overseas gambling and also a big bump in gambling taxation revenue. This is what we can see from the two provinces of Canada that have opened up their doors so far – Alberta and Ontario. In just Ontario alone, gambling revenue is set to almost double from $1.6 billion to $2.3 billion in just a year!
It’s for these reasons and more it’s highly possible the rest of Canada will open up its doors to online casinos everywhere, ushering in a whole new era of Gambling regulation.
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