Best online gambling Canada
Last updated on April 30th, 2022 at 10:52 pm
Best online gambling sites in Canada
The provinces receiving the most revenues from the gambling business are Ontario, Quebec, British Columbia, and Alberta. Some of Canada’s largest and most popular gambling websites exist in these provinces.
- Joycasino is an online casino that accepts deposits in different currencies via payment systems convenient for Canadians;
- LotoQuebec – an online site for the Quebec lottery scheme;
- BCLC – British Columbia’s online casino;
- WCLC – Western Canada casino operates in Alberta, Saskatchewan, and Manitoba. Additional participants are the Yukon, Northern Territories and Nunavut;
- Vegas Hero Casino – offers $1000 bonus + 50 free spins to new players. The casino operates under license from the Malta Gaming Authority and the British Gambling Commission;
- Gunsbet casino operates in 20 countries under license Curacao. The casino accepts credit cards, e-wallets and cryptocurrency.
All gambling sites in Canada offer many lotteries and other gambling games: casinos, sports betting, poker, and slot machines.
Overview of gambling in Canada
Canada is not the world leader in the gambling industry. That said, the country is considered a very promising gambling market. Only since the 1970s the laws were gradually liberalized, and in 1999, gambling was finally legalized, and provinces were given the right to adjust legalization to local needs. Now Canada has legalized casinos, regulated the lottery market, and allowed online gambling. Since the end of August, after eleven years of waiting, legalized betting on sports. Look at the Australian gambling statistics.
According to estimates by the Canadian Gambling Association (CGA), Canadians bet $10 billion a year on sports on the sites of unlicensed companies, and another $4 billion on sites registered offshore. That’s why the leading gambling experts at the roundtable were organized by SBC Leaders, Jordan Nath, CEO of PlayMaker. Terry Debono, partner of Debono Group, and John Levy, CEO, and founder of theScore, came together to discuss the measures that would show the Canadian market participants the advantages of working with legal operators rather than unlicensed companies.
First of all, according to experts, operators need to be given a competitive advantage over unlicensed companies and provide a favorable environment to ensure that players choose legal market participants. Also, emphasis should be made on ensuring a better quality of gambling in Canada. Therefore, the key challenge when entering a newly regulated market is to allow all types of betting, marketing tools, poker, casinos, and bingo for real money.
Gamblers have been betting online in Canada for decades. The passage of Bill C-218 brings these activities into the regulated marketplace. Moving existing players to a regulated market requires rules that will make the products offered attractive to Canadians.
Canadian experts talk about forcing the choice of licensed operators and about persuading players to do so. According to Levy, “theScore” will convince players to choose licensed operators by applying the same strategy that the company already uses in the U.S. market. For example, treating sports betting as an aspect of the love of sports.
Experts also advocate an open market with an unlimited number of licenses. For example, in the USA casinos have created artificial markets with limited licenses and market access agreements. And an open market allows operators to offer players more bonuses and competitive prices.
Another key problem faced by operators wishing to enter the legal market is the taxation system, which regulators have not yet had time to formalize.
The most popular types of gambling in Canada
- sports betting;
- casino games;
- slot machines (Book of Dead, Jungle Jim Eldorado);
- terminals with games;
Land-based casinos are gradually becoming less popular. All legal gambling establishments in Canada reported a drop in revenue even before the quarantine began. For example, casino revenues in Alberta for 2018-2019 confirm this trend with a 24% drop in offline casino profits. After the quarantine restrictions, the provincial government decided to launch their online casinos to continue operating. The same thing happened in other provinces as well.
It is commonly believed that gambling attracts only men. According to the statistics of gambling sites in Canada, 54% of their players are men and 46% are women. It is worth noting that women use mobile devices more often than men: 55% of all women play from a phone. The fun fact is that Canada is the only country with this trend.
In terms of age groups, the gambling audience is:
- 18 years old – 34 years old – 30%;
- 35 years old – 55 years old – 40%;
- 55 + – 31%.
One of the reasons gambling is so widespread in Canada is that almost all casinos allow online gambling. It is cheaper and more convenient for Canadians to play online than in a regular institution. In addition, the percentage of winnings online is higher (over 96%) than offline (less than 60%), which is also an important aspect in choosing the format of the game. We have already written about the RTP of slot machines to explain the benefits of playing online.
The legality of gambling in Canada
Casinos have been legal in Canada since 1999. Gambling is now legal throughout the country, but online gambling laws are determined at the local level in each province.
To operate legally, a Canadian casino applies for a license from the local authorities. Right now, every province has an online casino available except Saskatchewan. However, by law, only British Columbia, Quebec, Ontario, and Manitoba can license this gambling format. Without documentation, online casino sites can only operate locally. Gaming can be conducted only if there is a special agreement between the local authorities of specific provinces.
Unlicensed offshore casinos fall into a grey legal zone and operate in the country. Under Canadian criminal law, only land-based casinos can be fined. Officially online casinos are not supposed to target the Canadian audience. At the same time, there is no law prohibiting Canadian residents from playing on casino sites which is different from gambling in the Philippines.
The legal gambling age in Canada is 18. Before 18 years, a person can’t make a deposit or withdraw money.
You can play at the online casino everywhere in Canada because it’s completely legal. However, you have to be at least 18 y.o. to sign-up and make a deposit.
Most land-based casinos have their locations: Alberta, Saskatchewan, Manitoba, British Columbia, Ontario, and Quebec. You also need to know that some casinos can be closed because of the pandemic.
Canada is one of the leaders in the gambling industry. Though it is only 8th in the world ranking, the statistic says Canadians spend more money on gambling than Americans or Brits.
Since casinos have long been legalized in the country, gambling is booming and stable. Canadians are now much less likely to visit real gambling halls and prefer online casinos. External events in quarantine and rapid advances in technology are only contributing to the change.