Canada’s casino growth forecast 2022
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The North American casino market has recently gone through a period of growth. From brick-and-mortar casinos licensed by local provinces to the emergence of online casinos, Canadians are embracing the latest online casino technologies.
2021 was an anomaly for the casino world as there were a lot of start-ups emerging. Many brick-and-mortar casinos were forced to shut their doors for most of 2021. The growth of online casinos doesn't seem to be slowing down.
Malta's grey listing of gaming licenses by the FATF had a huge effect on online casinos globally across 2021. Many online casino providers requested to move to alternate licensing areas like Kahnawake.
Many casino providers changed their gaming licenses in Canada.
Crypto casinos are becoming more popular among online casino providers. Cryptocurrencies operate on a blockchain technology and transactions do not need to be approved. Players benefit from increased privacy and faster gameplay.
Virtual reality is becoming more popular in the online casino industry. Live poker games are being used to introduce the technology to the virtual world. It's possible that VR will be introduced to more online casinos.
Esports is set to be a huge trend for 2022. According to statistics, it's set for more popularity than sporting games. Online games allow players to interact with the game and place bets.
There is a shift in the way games are promoted in Canada for 2022. There is also a focus on problem gaming.
There are many challenges for the Canadian online casino market in 2022. Live dealer games have become a large part of this. There are also new technological advances in store. Online casinos in Canada are set to boom.
