How is online gambling different in the U.S. and Canada?

Author: Live Casino Direct
 
How is online gambling different in the U.S. and Canada?
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Canadian nationals can only play online gambling on online casino's through offshore websites. U.S. citizens can't gamble on offshore sites or sportsbooks.

The Canadian government does not issue online casinos or sportsbooks licenses. States like New Jersey and Delaware have legalized both online gambling and sports betting. Oregon allows you to bet online but not play online casino games.

Single-game sports betting in Canada became legal in August 2021. Provincial governments are preparing a legal framework for online gambling by the end of 2021, but until then, it's limited to betting on or playing casino games provided by offshore companies.

The following states permit in-person and online sports betting: Nevada, Delaware, New Jersey, West Virginia, Pennsylvania, Rhode Island, Iowa, Oregon, Indiana, Illinois, Michigan, Colorado, and Washington D.C. States like Tennessee and New Hampshire only allow mobile gambling. Most states prohibit wagering on college games.

Online gambling is legal in Canada, but the Senate is not planning to legalize it any sooner. The Canadian Senate has legalized gambling in 88 land-based and 32 online casinos, which still need to be licensed by the respective provinces.

New Jersey has the most extensive online gambling market in the U.S. and the highest number of legal online casinos and poker parlors.

Michigan legalized online casinos, poker websites and sports betting since Christmas 2019. Online casinos effectively started operations in January 2021.

Pennsylvania is an excellent place to wager and play casino games online. There are 12 licensed web casinos in Pennsylvania offering poker, table games, and slots.

DraftKings, SugarHouse-Rivers, Betfair-FanDuel and ROAR are the top four U.S. online casino operators. It is still challenging for an overseas iGaming operator to obtain a U.,S., license.

Canadians can choose from a myriad of online casinos and sports betting websites offering a wide variety of betting options.

There are few regulations in place in Canada regarding online gambling. Ontario has the largest legal iGaming provider in the country.

Online gamblers in Canada are exempt from taxes on their winnings from online casinos, sportsbooks, lotteries, or any other games of fortune.

Gambling winnings in the U.S. are reported by a Form W-2G and subject to a flat tax of 24%. The same rate applies to the fair market value of any non-cash prizes like holidays or automobiles.

The laws in Canada are more liberal and everything you win is tax-free.