People of Canada enjoy their freedom in regards to online casinos. Canada’s gambling culture is more relaxed than what you see in the United States. The punters of Canada are enjoying an extensive range of online games, particularly lottery. For the 2017-2018 financial years, Ontario Lottery and Gaming Authority had been able to secure a net profit of $2.49, in spite of a decline in the sales of lottery tickets.
With time, online casinos have become extremely popular in the iGaming world and the land-based gambling dens are losing their market share to well-known gaming operators. There are so many casinos out that the Canadians are spoilt for choice. Punters are being encouraged by technological advances, markedly online gambling operations, and the integrity of the accounts. Statistics have shown that the total cost of the gambling industry is going to reach $180 billion by 2021.
The online gambling industry of Canada generates about $31 million gross revenue every year and $14billion every year in regards to the purchased services. The popularity of online gaming is mostly because of the adoption of mobile gaming. Games are now available for playing on tablets and smartphones that run on Android and iOS. Secure and high-speed internet services are fast-tracking the gaming industry of Canada.
Unprecedented Growth Across the Canadian Provinces
The people of Canada are seeing increased gaming unfolding at a rate of knots as the real money gambling apps have been made available to the players above 18 years of age across the country. There has been unprecedented growth in the gambling arena. Many software providers are extending their base on to Canada. Thanks to providers such as Microgaming, NetEnt, Playtech, ILK, and Dragonfish, you will find the engaging casino games on your mobile. You can choose to play these games on any one of the NetEnt casinos in Canada. As per statistics, more than 100 online casinos are operating in Canada.
Notable Developments in Canadian Gambling Arena
Ontario has started speeding up the process of the privatization of online gambling. More than 15 million residents stay in the province and thus, there is a significant demand for online gambling. Ontario Lottery & Gaming Corporation is in the middle of developing a higher level of competition in the arena of legal gambling activity. This is going to bring the operators who are privately-licensed to the ‘Ontario Gambling Market’. It can be expected that this will be adopted by the other Canadian provinces.
In case the plan works out, several apps are going to be launched from various gaming operators in Canada. The present state of Canadian gambling legislation that anyone will be able to log into an online casino and gamble without any inhibition. The gambling industry is going through the digital revolution.
All top gaming providers have made sure that their customers have seamless gaming experience. The trends show advancement in the Canadian gaming industry. Ontario is leading the way, being followed by British Columbia and Quebec.