Why Online Gambling in Canada is So Popular
Online gambling has become popular worldwide thanks to its convenience and ability to enjoy various games on the go. Canada is one of the leading countries when it comes to the amount of cash and the number of people who gamble.
The country is estimated to earn a whopping CA$31 billion yearly from online gambling. The figure has been increasing recently and is expected to grow tenfold in a few years as new exciting games and money-making opportunities find their way to the market. Why is online gambling so popular in Canada? We explore these factors in this article.
Canada Has Relaxed Gambling Rules
The chief reason why Canada is leading the pack in gambling is the relaxation of gambling rules around the country. In Canada, each province is free to set the rules for online gambling. Fortunately, most provinces have made regulations that are positive towards gambling.
As a result, a large number of gambling platforms have obtained licenses in the country and are offering players a variety of games and money-making opportunities online.
Access to Hundreds of Gambling Sites
Another reason for the popularity of gambling in Canada is the availability of hundreds of casinos and gambling sites. Many sites are registered in the country, and several others are offshore gaming platforms. This gives Canadians a wide choice of sites where they can play their games. Most offshore casino sites are incorporated in the UK and Malta, which also means they are secure for gaming.
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Over 100 sites, both inside and outside Canada, are estimated to offer online gambling facilities. Each has hundreds of games and other gambling opportunities that Canadians can exploit. This ensures that every preference is catered for, drawing many players to gaming.
Canadians Love Sports
Canadians love sports, gaming and playing games of chance. You will find people socializing in clubs and other entertainment joints as they watch various sporting events such as football, hockey, cricket, football and rugby. They love to wager on these games as they watch them. Most of these wagers are placed via an online operator.
Some parts of Canada still do not allow for game betting. However, many offshore platforms in the country have offered gamblers a way around it. Besides, during the pandemic, where sports and socialization were restricted, several Canadians gambled on virtual sports provided by several online providers in the country.
High Disposable Income
Many of Canada’s residents can afford a comfortable standard of living and be left with a high disposable income. This income can be used for gambling and entertainment. This means gambling is not an antagonizing event like it has been in several developing countries. Besides, many Canadians see it as a means of entertainment, not a means of making cash. Several of them are willing to spend a sizeable amount as they try their luck.
Many of Canada’s residents can afford a comfortable standard of living and be left with a high disposable income. This income can be used for gambling and entertainment. This means gambling is not an antagonizing event like it has been in several developing countries. Besides, many Canadians see it as a means of entertainment, not a means of making cash. Several of them are willing to spend a sizeable amount as they try their luck.
A Rich Gambling History
Canada has a long history of gambling, even if not online. It is believed that the indigenous tribes of the country used to play games of chance in their free time. This is one of the cultural practices that settlers took up. In fact, some of the games are still available even today.
Gambling has been banned for most of the 20th century. However, it has slowly returned to mainstream culture. Most of the old games have not been forgotten. Besides, the government allowed lotteries in the early 1990s to raise cash for charity, which has retained the spirit of gambling over the years.
The Availability of Dozens of Payment Methods
If people have to play with real money, they need to get methods they can use without a problem. Many of the casinos that operate in Canada accept methods that are commonly used to make online payments.
Some of the popular payment methods in Canada include PayPal, iDebit, Skrill, Neteller, Trustly, credit and debit cards, Ecopayz, and direct bank transfer, among other methods. Many of the methods are generally used in eCommerce. Therefore, Canadians are not required to open new payment methods just to gamble.
Bonus and Promotions from Gambling Sites
Promotions are a tactic that many casinos employ. They give players free money to play games when they sign up on their platforms. This tactic seems to be working, as many gambling platforms are able to pull in huge crowds with their promotions.
In fact, Canadian casinos offer some of the highest bonuses for online gamers. New players enjoy quality welcome bonuses while existing players enjoy a wide range of promotions. Popular ones include free spins, cashback offers, cash multipliers, free game rounds and chips.
While casinos are not advertising their services in mainstream media, they have been doing so via influencers and gaming streaming platforms such as Twitch. Some renowned athletes, entertainment icons, and gambling streamers reside in Canada. They have subtly pulled players from all corners with their vast wins and tips.
Canada is one of the leading gambling countries. The country has embraced the emerging market through relaxed laws. Its citizens also love gambling and have the disposable income to do it. The number of gamblers is expected to continue to grow as new games and platforms emerge to serve Canadians.