The Canadian online gaming industry is big today. Gross sales amount to some $ 31 billion per year and purchases of related services total $ 14 billion per year.
The development of gaming technology has also contributed to the success of online casinos. The wide variety of different gaming tools, such as smartphones and tablets, make gaming moments easier and the high-speed internet connection makes the experience easier.
History of gambling in Canada
Canada has a very long and intriguing history in the field of gambling. Some say that the game began with cards played by explorers who set foot on the new continent. But that was obviously not the case. The origins of the game are likely to be found in games played with sticks and bones thousands of years ago. These games were created for spiritual and community purposes.
The rapid growth of computer and internet technology had a huge impact on gambling in the 90s. The first online casinos were published, and it was the start of a new era. In the beginning, few people owned computers, which limited the number of people playing online. In addition, another big problem was the lack of regulation – in Canada as in other countries. Gradually, countries around the world have started to pass laws to be able to regulate the ever-growing online gaming industry in their own countries.
Nowadays, gambling is extremely popular in Canada. Guides such as Bonusninja help people compare all the different sites in the market, and playing at online casinos is easier and faster than ever.
Is online gambling legal in Canada?
Today almost all kinds of gambling is legal in Canada. With one big exception: online gambling. The Canadian government will not license any online casinos, and it is illegal to operate an online casino without a license. This, however, doesn’t mean the Canadiens couldn’t play. It is very legal for Canadian players to play in online casinos and since Canada itself does not grant licenses, Canadians are turning to offshore locations, countries like Malta, UK and Curacao.
But then there is the gray area. As said, it is illegal to open an online casino in Canada. However, accessing them in Canada is not illegal if the casino is operated abroad. And here’s the trouble: the majority of offshore gambling servers are located in Kahnawake, which is located on Canadian soil. Which means that you are allowed to operate a casino in Canada – against the laws – but still do so legally. Confuses? Not surprising.
Created in 1996, the Kahnawake Gaming Commission is a regulatory body that regulates and authorizes betting and gambling in the Mohawk Territory. The Mohawks of Kahnawake have jurisdiction and sovereignty over their own territory, which also means they can do their business freely, including gambling activities. Today, the Kahnawake Gaming Commission has licensed more than 50 casinos in online, which have some 250 gambling sites.
Online gaming business nowadays
As said before, the Canadian online gaming industry is big today. The province of Ontario is currently the center of gambling. You can find online lotteries, several casinos and online sports betting. The next biggest gambling sites are in Toronto, Quebec and British Columbia.
With the evolution of the Internet, overseas gambling has increased in Canada, and the annual money spent on gambling regularly exceeds $ 5 billion. From a gamer perspective, playing online is much cheaper, easier and more comfortable. From the casino operator’s point of view, setting up and maintaining online is less expensive and there is no limit on the number of people the casino can attract.
Developments in the iGaming business
According to statistics, over 100 online casinos are available for players in Canada, and they are all legal. Traditional casino games have competition as sports betting and lottery games have entered the market. Development is rapid, thanks to innovative game providers, such as Playtech, NetEnt, Microgaming and Evolution.
For impatient gamers, the fast loading of games adds to the excitement as well as the fact that you can play right in the browser without downloading any apps or games. The speed of deposits and withdrawals is also to be thanked, as well as new payment methods such as cryptocurrencies.
There are strong indications that Canadian gambling will continue to grow globally, and that includes online gambling as well. Canada may not be able to beat its neighbor to the south, but there are very good signs and the outlook is positive.
Story of Teemu Salminen