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Like everywhere in the world, Canadians have the chance to experience the rapid growth of the online gambling industry. Almost every month, new Canadian online gambling casinos appear on the market. New businesses are willing to invest in Canada for two reasons: high demand and a regulated market.
Without any doubt, the situation in the gambling market has never been turbulent like this. The number of people wanting to participate in casino games is constantly growing. Logically, the implementation of advanced technology that has made gambling more accessible is the main reason for that.
On this page, we would like to share some intriguing facts about online gambling in Canada. You will find interesting information about the best Canadian gambling sites, people’s preferences, etc. We are sure that your desire to have fun this way will grow even more. So, let’s get started!
Each Canadian Province Has Its Own Regulatory Body
Most Canadian players are impressed by the source of entertainment that the best online gambling sites in Canada provide. Yet, there is one thing they should think about before registering on any gambling platform. Their main priority should be cybersecurity.
The good news is that Canadian officials are aware of the importance of cybersecurity. However, there are no federal laws that control and maintain the gambling market within the country. It may seem strange, but each Canadian province has its own regulatory body. That additionally means that each state has its own set of gambling laws that both players and casino brands must respect. The main differences are related to the minimum age requirement. In some states it is 18, while in others it can be 19. Also, not all forms of casino games are legal. Some provinces will allow you to play everything, while others won’t let you gamble on slots, table games, etc.
This intriguing fact, untypical in other countries, sends us a strong message. Casino enthusiasts must register only at licensed online casinos. If finding those casinos seems challenging, you can always check out gambling sites selected by plainenglish.io experts and apply the tips they have prepared. The entire process of finding the best options will be much easier that way.
Most Gamblers in Canada Are Male, But…
According to Statista, the number of male and female residents of Canada is almost identical. However, the situation at gambling sites in Canada is not quite the same. Indeed, many ladies want to test their luck at the best online gambling sites in Canada. However, the majority of players are men.
Yet, there is another intriguing fact we must highlight here. Believe it or not, ladies enjoy mobile gambling more. There is no adequate explanation for this fact, which is why we consider it intriguing. Such a situation is, at least in the public research done in the last few years, only present in Canada.
Favorite Games among Women and Men
The preferences of male and female gamblers are also different. For starters, we have to highlight that most men prefer sports betting. They do not hesitate to place a bet on various sports events almost every day, especially during the weekends when the offering is the richest. However, slots are their biggest passion when we talk about casino games. Men want to reduce their level of stress and relax while spending time at gambling sites in Canada. Slots, in general, are simple and do not require any development of complex strategies. That is one of the main reasons they are so popular among Canadian males.
On the other hand, female players have different tastes. Based on our research, most Canadian women love to play online bingo. On the same list, you can find games with numbers, such as Keno and others. Female casino enthusiasts also appreciate these games due to their simplicity. Thanks to these facts, starting your gambling journey on some of the best online casino sites in Canada will be easier.
Canada Has More than 200 Gambling Establishments
In the previous part of the text, we were more focused on online gambling. However, it would be unfair not to mention traditional gambling establishments located throughout the country. Canada is one of the “most gambling-friendly” countries in the world. Since 1970, it has been completely legalized. Yet, the first commercial casino in Canada was opened in 1989. From that moment until today, more than 200 new gambling establishments have opened their doors to Canadian and foreign players.
In each one, you can find various slot machine games and table games like roulette, baccarat and blackjack. The advanced technology has undoubtedly made online gambling more popular in Canada. However, don’t neglect the popularity of the brick-and-mortar casinos. Even today, they are full, especially with tourists wanting to test their luck while staying in Canada on holiday.
Players Don’t Play Taxes on Their Winnings
Our team strongly believes that this fact about gambling in Canada will be the most intriguing. Every casino winning is tax-free, which makes things even more entertaining. In other words, if you get 100 CAD while playing online casino games, you can withdraw the entire amount to your bank account. Still, there is one small exception. If you are a professional gambler, then you must pay taxes. Such a thing is considered income since you must possess specific skills to become successful and earn profit. All winnings in online casinos are based on luck and do not require any skill.
Gross Gaming Revenue Is Huge
We would like to discuss numbers and revenue to explain better how huge this market is. Believe it or not, the total gaming revenue of the casino industry was 14.2 billion CAD for 2023. Certain insights suggest that the gross revenue will be even larger by the end of this year. The net revenue from online gambling was around 1.3 billion CAD last year. On the other hand, net revenue from land-based casinos was around 5 billion CAD. The difference is that big because of the tourists that regularly visit these locations.
Conclusion
These are some of the most intriguing facts about gambling in Canada. They will probably change your approach towards this entertaining activity. Pick a licensed casino, find the most suitable casino game and enjoy your journey on the best gambling sites in Canada.
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