The Current State of Canadian Gambling
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The number of online casinos in Canada has increased 70% in the last 2 years. 65% of the population has bet at least once at an online casino and 25% play the lottery every week. Sports betting fans have spent more than $15 million at betting shops. Canadian players are accepted at casinos worldwide and there are no bans for them.
The 2020 pandemic seriously changed the country's gambling landscape. Before the pand epidemic, 114 offline casinos operated in Canada. The government received 9.2 billion in taxes and charity from casinos. Players moved online en masse. Lotteries, tables, slots, live casinos saw a dramatic increase in revenue.
People started gambling more because they were feeling stressed and socially isolated. Online trading in stocks and currencies increased dramatically. The motivation of players is to make money and have a good time.
54% of players in Ontario played during the lockdown and 77% played exclusively offline before the pandemic. Most often played lotteries, instant lotters and slot machines.
54% of those surveyed played during the lockdown and 77% played exclusively offline before the pandemic. Most often played lotteries, instant lotters and slot machines.
After the pandemic, casinos started to look very different. Most tables are closed and there are far fewer slot machines in operation. Casinos clean all their premises as intensively as the toilets once did. Several mornings are devoted to cleaning and disinfecting the casinos. Online casinos invested in games and mobile applications.
Gambling has been legalized in Canada for a long time. With the pandemic, players have been forced to switch to online casinos.
There are more than 2,000 online gambling platforms in Canada. Offshore platforms receive up to $4 billion from Canadians. Local platforms accept more men than women. Most of the players are young men in college or recently started working. Women are less likely to use mobile phones to play than men.
Experts predict mobile gambling will take up to 60% of the entire industry in 2021. Providers are offering more opportunities to play with digital coins. AR and VR are becoming increasingly popular.
The state gets a lot of money from online gambling platforms. Online casinos must strictly enforce a responsible gambling policy. Customers must maintain a healthy attitude towards gambling. The casinos lose revenue if customers forego gaming.
The current state of Canadian gambling is controlled by the First Nations Law and the provincial law. The latter is responsible for controlling the behaviour of players and gambling establishments. Canadian platforms generally operate under a Kahnawake Gaming Commission licence. Offshore ones supply services under permits from Malta, the UK, Curacao and other international commissions. In 2021, Canadian government is pondering how to change legislation to regulate the industry better. Experts predict that the province of Ontario will allow private operators to operate in the market.
The gambling industry is thriving in Canada. Offline casinos continue to play a substantial role.
