The casino industry in Canada is getting bigger by the day. As of last metric, Canadians spend about C$31 billion on casino games. Amongst the ranks of games being played are poker, roulette, blackjack and slots. An estimate also shows that about 76% of Canadian adults take part in one gamble or the other.
These figures show just one thing, that the online casino industry in Canada is growing, and at a fast pace. Top casino platforms in Canada enjoy thousands of unique visitors per day, and especially in this past year, the numbers have skyrocketed. This shows that there are shifts going on in the industry. These are what this article looks to examine.
The Pandemic effect
This is one of the many reasons why online casino numbers have spiked in the past year. The world was brought to a halt due to a pandemic that it still battles with. The advent of this transmissible and contagious illness caused countries to lockdown, forcing people to stay indoors and as much as they can, work from home.
This restrictions got several physical casinos shut. In the bid to find an alternative, both players and service providers focused fully on online presence. It was the only obvious alternative. Beyond the fact that people couldn’t go to physical casinos, time was no longer a restriction. People got to spend more time on their chosen platforms. Even when the world comes back to normal, the ease of use that comes with online casinos will continue to bring people to the various platforms.
Canadian Casino Laws
While the primary law in Canada only permits government to own and run casinos, operators have been able to find a way around it. By basing their company headquarters abroad, casinos owners get to run their business. However, this still doesn’t make it easy to own physical casinos. Hence, online casinos have always been the major option from the get go.
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There are physical casinos in some provinces. However, in some others, there aren’t. The only option in such locations is to gamble online.
Growing trust in online transactions
Beyond Canada, to the rest of the world, e-commerce and other related services first left people wary. The issue of trust was prevalent. However, with the passage of time and continuous effort of the various platforms to prove they can be trusted, it has become easier for people to make payments to platform right from their homes. People are now used to buying stuff online. This has resulted in a halo effect for online casinos. People are the more confident of funding wallets and doing what they love online.
Rewards and Bonuses
In the casino industry, one fact has become established. The introduction of rewards and bonuses for players has a positive impact on the growth of the platform. Hence, the different platforms are looking to outdo each other in the available reward for players. These rewards and bonuses are core to the marketing of these platforms. It’s a major way for them to convince prospective players.
The Canadian Casino scene is experience rapid growth, evolution and changes per time and customer behaviours. One thing is, however, certain; the industry has come to stay. While there is the need for better policies around casinos in Canada, the status quo is not bad either.
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