26 November 2020
Canada now ranks highly as one of the top players in the online casino market. Although both land-based and online casinos continue to be popular, a recent study by Research and Markets found that the gambling industry in Canada is gradually shifting from traditional gambling to online gambling. Some of the reasons behind this shift have been attributed to accessibility, convenience, and higher returns in winnings.
As a matter of fact, Canada is currently in eighth place worldwide for online gambling. Unsurprisingly, it is the younger generation leading this change. With each generation, computers, mobile devices, and other technologies drive demand for the instant gratification of online games, gambling, and other forms of online entertainment. Whether or not traditional casinos can compete with all of these new and exciting online casinos will be a game of wait and see.
Vegas at your doorstep
If you haven’t yet tried online casinos, take a look at Hopa casino games and you will feel like you have teleported to Vegas itself. There are live dealers, glitzy games, top player information, a VIP room, and there are over 200 games available. Everything looks fabulous, and what could be a more novel way to spend a night in with friends than by bringing up their live casino option up on the big screen. You can enjoy the experience of the casino without the hassle of electing a designated driver.
And it’s less expensive. You can play some of the games without making a deposit. The demo mode is a great way to explore new games and the casino itself. When you do decide to chip in, the minimum bet in most online casinos is around one cent, so it doesn’t even have to cost much to be a part of the fun.
Licenses and regulations, please
When spending money online, whether it is shopping or gambling, you want to be sure your credit card details are in safe hands. Credible online casinos establish themselves with a commission or authority. One such casino is Canadian online casino, Hopa, which is overseen by two of the world’s most respected governing bodies for online casinos: the Malta Gaming Authority and the UK Gambling Commission. Most also have information on their site regarding responsible gaming. This is one way to be sure you’re not risking more than you bargain for.
The Canadian Gaming Commission oversees the industry as a whole in Canada, whereas the laws regarding casinos, online gaming, sports betting, and similar activities, are determined and enforced by individual provinces.
Show me the money maker
The Canadian Gaming Association estimates that the online gambling market currently generates around CAD 1 billion in revenues annually, and that those revenues are distributed between sports betting, casino gaming, and poker. It also observes that about 75%-85% of people in Canada gamble in some form, whether it be charitable gambling or online poker, or any number of other games like slots or online roulette.