Is online gambling having an impact on the casino industry in Canada?

Since online casinos have become established worldwide, they are becoming more and more prevalent. While there are still numerous stationary providers such as arcades, gambling houses and even slots in clubs and bars in Canada, the numbers speak clear facts. The trend is clearly moving in the direction of online gambling. It does not matter whether it is the online casino or sports betting (bookmaker). By the way, interested readers can visit the renowned website slotsource.ca to find more information on this topic. A radical change is also taking place in Canada. Online gambling is booming like never before!

The legal situation in Canada is literally "reinventing itself

According to the "Canadian Gaming Association", gamblers from Canada invest about 14 billion US dollars annually in platforms that actually originate from abroad (as of 2021). But here, of course, the treasury in Canada loses many billions in tax revenue. Currently, draft legislation is being debated that would finally legalize gambling completely. As can be assumed, the problem does not lie in the supply. Foreign providers can easily lure customers from Canada and let them gamble.

A curious situation in Canada regarding this form of entertainment. After all, there are also country-owned providers waiting for licensing. Especially with regard to sports betting, a change is literally in the air. These are to be made freely accessible. Although currently only providers from government circles (national provinces and the like) are allowed to launch their own gambling offers on the market, the turn of the times is imminent. Why? Because the laws are unfoundedly strict. Should gamblers "flee" to foreign providers, for example, and what about the tax revenues?

Basically, online gambling is booming all over the world, but some governments don't quite dare to draw the consequences. These would clearly be regulation and licensing of gambling services. And why not? It is a market that is briskly used and demand is higher than ever. If players can invest cash at a local gambling house, why not at an online provider? In some cases, the governments' attempts are really childish, and this is also true by Canadian standards.

But as already indicated, a rethink is currently taking place in Canada. Online casinos and online bookmakers are here to stay. If you want to gamble, you can do so at foreign platforms as well. Therefore, there will certainly be significant changes in the laws regarding gambling in Canada in the medium term. No government in this world can permanently patronize its citizens, and the tax revenues from the growing industry are also tempting.

Slot machines in Canada - Novomatic gets involved

One indication of the progress of acceptance and regulation in Canada is the official debut of developer Novomatic. Known for great slots on brick-and-mortar gaming machines, the industry leader is now entering the Canadian market. Although not an "in-house" Canadian brand (subsidiary from Austria), but still. This adds more slots to the portfolio in the Canadian gaming market. With a turnover of around 1.8 billion euros (2021) and an after-tax profit of around 580 million euros, Novomatic is considered a major player in the industry.

The government of Canada is not preventing the entry. Rather the opposite. Certainly, the authorities in this country will soon open all gates for gambling of all countries and especially for their own providers. The broad acceptance in society alone and factors such as the high safety standards will only fuel the upswing in Canada. Only a few provinces such as Alberta, Quebec and British Columbia are preventing the industry from breaking through in Canada. But times are changing. Brand new slots from the well-known developers are extremely popular in Canada and the customers are finding ways, however.

These slots enjoy extreme popularity in Canada

Active since 1998, the online casino Jackpot City is one of the leading players in the Canadian market. Moreover, the barrier to entry is quite low. With a minimum deposit of just $10, customers can take advantage of initial bonuses. Not only experienced Canadian gamblers will find slots without end. The platform is primarily aimed at absolute newcomers. By the way, the operator is licensed in Malta. Thus, European standards apply, which usually ensure sufficient security.

Spin Casino is also well established on the market. Belonging to the "Digimedia" group of companies, the online casino also provides loyalty points (VIP level) for existing customers. In addition, there is of course also a welcome bonus and customers can already start playing with a deposit of 10 US dollars. In terms of the range of slots on offer, Canadian customers should not complain. Only the offer of own Canadian operators still leaves something to be desired. Thereby, a licensing would be possible quickly and without any problems. Certainly, citizens would also like to invest money on domestic slots and of course win.

These aspects should be considered by customers from Canada

Even if the market is currently dominated by rather foreign operators, various guidelines apply, which make the gaming experience safe. No matter how the provider praises itself, a look at the imprint is enough to reveal the facts about a license. Only reputable online casinos and bookmakers are regulated by the state. Otherwise, the precautionary measure clearly applies: stay away.

Furthermore, customers benefit from competition. Due to the fact that the markets are slowly but surely becoming crowded, operators are courting the favor of customers with certain gifts. These include free demo accounts and bonuses on the first deposit. Where do you get something for free? So be sure to take advantage and even filter for welcome gifts. Especially free demo accounts and free spins ensure a quick familiarization with the subject. Not every potential casino customer knows his way around and should be allowed to try out first.

In addition, the security measures of the operators should be checked. Glossy appearance and not even a browser encryption? Finger away! At least the "https://-Verschlüsselung" in the browser and a secure 2-factor authentication belong to the standard. After all, we are talking about sensitive customer data, which is always in the interest of hackers. Unfortunately, in the earlier past there were always problems with hacker attacks on the accounts of casino players. But fortunately, effective protection mechanisms have been developed over time.

What else distinguishes a good online casino in Canada? The variety of slots. In the best case, gamblers from Canada can use several gambling offers at the same time at one operator. Like classic slot games, live poker and roulette. But card games are also very popular. Thus, the casino evening in front of the screen becomes a pleasure with a real casino feeling. Almost like in Las Vegas and completely modern, innovative and above all safe.