Online gambling has become an industry that is well established worldwide, and the online Canadian casinos have built themselves a respectful reputation among international online gamblers. Lots of local and foreign players prefer the Canadian websites for their excellent services and generous bonuses. According to a survey conducted by Canada Info, there are over 2000 online casinos in Canada, and 96% of the participants said that online casinos return more than 96% in wins compared to below 60% in land-based casinos. In 2015 alone, Canadian players lost over 10 billion dollars in gambling, but on the other hand, in 2018, a Canadian woman won 20 million dollars on a slot machine. In one way or another, the chances are always there, and it’s up to your luck and skills.
In this article, we will talk about the online Canadian gambling life and online casinos. Also, if you want to see the best online casinos in Canada, read more here.
History of online gambling in Canada
Canada hosts lots of famous worldwide casinos and is considered an attraction for gambling tourism. It started in 1969 when Canada legalized gambling, while it was still illegal in many parts of the world. It pushed the gambling industry in Canada to the maximum and encouraged many investors to enter this domain of business. The internet revolution changed everything and resulted in online gambling and online casinos. Furthermore, many people were encouraged to gamble online due to high bonuses and better rates than land-site casinos and all the other advantages online gambling ensured for gambling enthusiasts.
The Canadian law considers hosting a website for online gambling purposes as an illegal activity. However, Canadian provinces have the right to legalize specific platforms for online gambling, which formed a gateway for the Canadian online gambling industry. This means online casinos are considered grey, not legalized by federal law but by the provinces’ authorities. On August 27, 2021, Canada legalized the single-game sport online betting, which was considered a huge step forward towards legalizing more betting activities in the near future.
The relationship between Canadians and online gambling
Since Canada was one of the first countries to legalize gambling, betting, and lottery commissions, Canadians were widely introduced to this industry. Before legalizing the existence of online casinos in Canadian provinces, Canadians were allowed to participate in online gambling platforms functioning outside Canada and authorized by offshore authorities. Canadians formed a significant part of the international gambling world because that was their only way for online gambling experience.
The future of online gambling in Canada
After legalizing single-game sport online betting, the Canadian online gambling industry will witness a significant shift in terms of revenue and participation. Nowadays, people are expecting another similar move to legalize other forms of online gambling nationwide, but nothing is official or precise yet. Anyway, Canadians can legally enjoy online sports betting, which is one of their favorites, until new regulations are issued.
Online Canadian casinos
People worldwide prefer online Canadian casinos for their advantages for international players. The financial system is a big part of that, especially when it comes to organizing the deposits and withdrawals. The Canadian online casinos have developed strong relations with financial institutes to ensure a good level of service for online gamblers, especially with the fears some people have about using their bank accounts or the high rates imposed on transfers for some of the well known online casinos in different parts of the world.
Online gambling might be taking over the traditional site-based gambling in the future. If you are a gambler, then sooner or later, you will find yourself signing up to an online casino with your mobile phone and betting on your favorite sport or playing an online table game on a Friday night while chilling out with your friends at the local bar. You can also enjoy placing a bet on your favorite team in various sports and wish them luck. Check out these 25 top Canadian online casinos and read the reviews about each of them to decide your preferred gambling destination.