Canada Becomes New Online Gambling Center?
The last year and a half have changed our approach to how one should live once and for all. During this time, the gambling industry, for example, has changed dramatically: against the background of restrictions, it has sharply reoriented to online work. Of course, online casinos existed until 2020, and at the end of 2021, many land-based establishments around the world are still operating, but there is hardly any doubt that the popularity of online gambling has grown exponentially. The Canadian legislation, in particular, during this time has become significantly softer about business, and now all conditions have been created here for the progress of the industry.
One of the reasons is the high demand for gambling services. It is estimated that up to two-thirds of adult Canadians are willing to gamble at least occasionally – a shockingly high figure, comparable to the numbers for the world’s most gambling nations, like the British and Australians. With such and such a demand, at least a hundred online establishments from all over the world accept Canadian players, realizing that business is not least based on them.
With the liberalization of the gambling market, the involvement of Canadian citizens in the industry will only increase. Even though not so long ago, sports betting was almost completely prohibited in Canada (except for something like a state lottery on sports topics), the local public spent about 15 billion dollars on illegal bets. Imagine what would happen if such a business was fully legalized!
The same applies to casinos: they are legal in Canada, but let’s not forget how big the country is – many simply don’t want to waste time getting to the nearest point and back. However, online establishments solve problems with both logistics and security – it will be possible to play from anywhere, at any moment!