The casino industry has been on the rise in Canada. The country has become one of the leaders in the online casino space with a value of over C$30 billion annual handle. Analysts are expecting the figure to soar over the next five years, with the popularity of online casinos growing exponentially to surpass land-based casinos.
Generally speaking, the online casino market in Canada has been experiencing an upward trajectory in the last couple of years. This article will highlight some of the factors that have contributed to the rise of online casinos in the country.
New Online Casinos Canada Overview
Thanks to technology, Canadian casino players can legally place online bets via casinos based in different jurisdictions. Although it’s illegal to operate an online casino within Canadian borders, it is not illegal for residents to seek online casino services from casinos operating in different jurisdictions. The workaround solution has favored the growth of online casinos in Canada.
This has attracted operators who have been eyeing the Canadian market. Foreign operators have taken it upon themselves to accommodate Canadian players and offer them an exclusive online gaming experience. One of the online casinos offering quality casino services to Canadians is Dreamz. You can check out the casino through all popular devices, including iOS and android devices.
Relaxed Laws and Liberal Regulations
Previously, Canada had very strict regulations on online gambling. It is illegal to operate online casino headquarters within Canadian borders. New online casinos have, however, found a way around the regulation by opening online casinos in jurisdictions where such operations are legal and offering online gambling services to Canadian residents from there.
Legitimate online casinos that are regulated by third-party governments have relevant software certificates and licenses. Some of the licensing authorities in Canada include the Malta Gaming Authority (MGA), the Kahnawake Gaming Commission (KGC), and the United Kingdom Gambling Commission (UKGC).
Individual gamblers have more rights in Canada, and they are free to roam. Gambling laws in Canada are the most relaxed when compared to the U.S. When a player is dissatisfied with Online Casinos in Canada, they are free to seek the same services abroad.
Trusted Payment Methods
Online casinos in Canada offer the fastest and most secure payment processes in the industry. Canadian gamblers can load up their online casino accounts with any of the available online payment vehicles, including Visa, Mastercard, and e-wallets such as PayPal, among others. e-Wallets are a new phenomenon that allows rapid withdrawals and deposits.
Most online casinos in the region are regulated by the Malta Gaming Authority, which is the most reputable casino regulator in the world. The authority is charged with ensuring that online casino operations are considerate of players’ safety and fairness.
Mobile-Friendly Online Casinos
The Proliferation of mobile-friendly software, when coupled with technological advancements, means an exclusive online gambling experience. Canadian gamblers can play casino games on their mobile devices and at any place.
According to the NPD, the number of Canadians turning to mobile online casinos had increased by 2%. By February 2020, Canada was ranked as the world’s 25th for mobile casino experience by OpenSignal, while the neighboring countries of Russia as the 61st and the U.S as the 41st.
Premium online casino game developers in the country are gradually adopting mobile-friendly and fast games. Developers are now paying more attention to the player’s experience when developing online casino games.
A Wide Selection of Games
At the early development stages of online casinos, these operators offered inferior gambling experience compared to land-based casinos. The game collection was not anything close to what we have today, and the games were slow, pixelated, and webcam casinos were rare, rendering the online casino experience poor.
Back in the days, online casinos were only interesting as a novelty but not a gambling option to go by. However, this has changed over years of experience and the growing popularity of online gambling, compelling developers and operators to improve their betting experience.
Online casinos are now offering a legitimate experience with players enjoying a wide collection of games to choose from. Webcam casino offerings are also on the rise, and players have reported that the experience is close or even better than land-based casinos.
Quality Customer Services
When discussing favorable and liberal laws regarding online gambling, we cannot forget to mention that a criminal code is enough to push operators to offer high-quality online gambling services. You can rest assured that all Canadian online casinos are licensed, regulated, and tracked by the relevant authorities.
Besides improving the growth of the online casino industry, liberal laws and regulations have also seen growing healthy competition among operators. As online casinos compete to stay relevant and appealing to players, the quality of customer services has greatly improved.
A decentralized approach fueled by healthy competition is conducive to creating the most impressive online casino experience globally. It has also ensured that all games offered in these casinos are certified and tested independently to make sure that they aren’t rigged.
Improved Speed
Initially, Canada had poor internet connection and speed, but this is eroding. With the improved levels of internet services, gamers can now enjoy online and live casino games. Most Canadian citizens live in rural settings compared to the U.S, but they enjoy better access to broadband speeds.
Games offered by online casinos in some countries are painfully slow, but when the same games are offered to Canadian gamers, they are fast and offer a smooth gaming experience. An increase in internet speed has greatly influenced the growth of the online casino market in Canada. The number of online gamblers has also increased significantly in the country.
Final Thought
The Canadian online casino industry is expected to continue growing over the next decade. The industry has not yet reached its peak, and the demand for land-based and online casinos in the region is increasing. Thanks to relaxed and liberal laws and regulations regarding online gambling among Canadians. Dozens of casino gaming companies have been rolling new products and services aggressively. Others are investing in the construction of retail casinos, further underpinning the industry’s growth. As we turn into a new year, we are anticipating major developments in sports betting and online casinos.
