Technological developments paved the way for various types of online entertainment to be enjoyed at home. Mobile entertainment added freedom to convenience within a few years, the two most popular enjoyments in Canada include online gambling and video streaming.
Around 20 million Canadians are active participants in online gambling. In 2020, the total revenue of gambling reached $2.65 billion in Canada and the online sector contributed over $1.2 billion. According to estimations this figure could rise to $4 billion should Canada adopt the same or a similar approach to online gambling as Brittan.
Single-Game Sports Betting Legalization in Canada
It might just all on the map in the near future as, after many years of waiting, single-game wagers legislation got passed yesterday. According to reports by the CBC only single-game wagers are currently legal on horse racing in Canada. With the passing of Bill C-218, it might allow the nation’s giant casino industry to take back millions of dollars spent at illicit offshore sites offering sports betting services.
Bill C-218 Passing Could Mean Billions of Investments
According to the conservative politician the bill has already been cautiously embraced by the Canadian Football League, North American equestrian community, National Hockey League, and this could lead to Investment of billions of dollars for educational, addiction research and health care programs.
Online Casino Gambling in Canada
Online gambling in Canada is huge with Ontario being the center, and major gaming hotspots include British Columbia, Quebec, and Toronto. Although the biggest growth is offshore gambling and from the perspective of Canadian players, it is easier, cheaper, and more comfortable to play online. From the perspective of casino operators, online is less costly to establish and to maintain while there is no limit on the number of players online casinos can attract.
iGaming Developments in Canada
Statistics show that hundreds of online casinos accept players from Canada, these are legal. The traditional casinos games competitors are now lottery games and sports betting. Innovative game providers ensure that the development is fast, these include Evolution Gaming, Microgaming, NetEnt and Playtech.
The fast-loading times of games bring excitement to the impatient players who can play via their browsers instead of downloading games or applications. Payment methods such as cryptocurrencies and the ease and speed of withdrawals and deposits is another big attraction to online gambling.
Game variety and the inflow of new releases are yet another area where Canadian land-based casinos can’t compete. The games remain the main attraction, which makes variety and quality the crucial determining factor. Online casinos offer games with the latest special effects, and the most updated bonus features. Progressive jackpots at online casinos are contributed to by players from around the world, the jackpot increases much quicker and offers massive payouts.