Canada is in the midst of a digital revolution. Online shops and entertainment sectors have been on the rise in the nation for the past five years. But what is truly fascinating is seeing how well much of the country has adapted to this new era. It is to a point where many are looking to the Great White North as a leader in digital evolution.
iGaming in Canada
The best example of Canada’s adaptive ability has been the burgeoning gaming sector that is slowly taking hold in the country. Online casinos are gaining traction across the nation, and Canada’s provinces are quick to respond to the growing fascination with the market. The most notable example of the country adapting to the changes is Ontario’s quick response in legalizing online gambling.
The decision made by the Province of Opportunity has had some incredible results on the Canadian entertainment and finance sectors. It has allowed gambling platforms like Flamez Casino Canada to operate without much concerns. But it has also been met with some criticism by anti-iGaming advocates. The goal in this article is to examine the rise of casino gaming in Canada in the digital age.
What iGaming Entails
The surge in iGaming leads many to forget how recently the market rose up. These platforms have been around for only two decades. Throughout that time they were seen mostly as subsidiaries to a greater industry. But a lot has changed since then. iGaming has now overtaken land-based casinos in various aspects. It is only fair to discuss the industry as its own separate part of culture.
The Canadian iGaming market stands above its competition even. The nation has never taken active legislation against gambling websites operating within Canada. Offshore casinos were free to deliver goods and services to residents across the Great White North. But what exactly does iGaming entail? Some would argue that the industry is specifically focused on online slots games. That does not take into account the growing interest in live gambling. It also ignores that many online casinos in Canada function as sportsbooks as well.
Canada has always had a passionate sports scene. It is the home country of ice hockey; a sport so popular that most people automatically think of it when they experience their first snowfall. Canadians are also deeply invested in football – both Canadian and American. It only makes sense that the country’s sports betting market would be developed beyond what most would imagine. It is fair to lump the practice in with iGaming considering the popularity of online sportsbooks.
The Benefits of a Legal Industry
The merits of a legal iGaming industry have been a topic of debate in Canada for years. But no longer are these discussions purely theoretical. Ontario’s decision to legalize online casinos has given us a glimpse into the potential future of a Canadian market. The results are looking good for those who support a legal online casino industry. It helps that the Alcohol and Gaming Commission of Ontario is transparent in their operations.
Residents of Canada wagered over $63 billion between the past two years according to the iGaming Ontario annual report. Customers of online casinos also generated $2 billion in total gaming revenue. The industry has only been growing, so we can expect to see those numbers rise as well by the end of 2025. It is worth noting that legalizing iGaming has also had a profoundly positive effect on the provincial economy.
Ontario has seen a $2.7 billion rise in gross domestic profit. Local jobs have opened up for those qualified to do them. According to the manager of a popular Canadian sportsbook; Ontario saw 15000 new job openings in the past year. The iGaming industry maintains a stellar reputation in terms of paying fair wages; with some businesses even going above and beyond what would be considered average. The sector’s growth has undoubtedly had a positive impact on the provincial economy.
Finding a Balance
Many recognize the immense success of the iGaming industry and the positive effects it has on general society. But they are still worried about the growing risks that may be associated with the market. Ontario groups have formed with the purpose of either restricting the iGaming sector or banning it outright. The most common demand is that the AGCO place bans on online gambling advertisements. The demand seems reasonable, but it is also a bit redundant.
The Alcohol and Gaming Commission of Ontario has already put into a place a number of restrictions meant to protect minors from being enamored by the gambling industry. Online casinos that operate outside of Canada have also taken every precaution to ensure that the websites are being used by responsible adults who are aware of the risk that they are taking. We live in an era where iGaming is safer and more regulated than it has ever been. We are also moving in a direction of more regulation worldwide.
It is important for the AGCO to strike a balance between regulation and stifling. Many were very pleased with the commission’s decision to ban professional athletes from endorsing online casinos and sportsbooks. It is true that a lot of Canadians are exposed to sports from an early age. Witnessing recommendations for online gambling might not be something that they can process correctly. But there are those who would argue that banning all marketing seems a tad extreme.
Last Remarks
The iGaming industry is a burgeoning market, and Canada is ready and willing to take full advantage. Many nations worldwide are looking to Ontario as an example of how to legalize the gambling industry properly. The province has taken every measure to ensure a safe and reliable market. They’ve simultaneously given online casinos enough leeway to function to the best of their abilities. We expect to see growing interest in internet gambling platforms worldwide in the next ten years. It is impressive to think that Canada could serve as a bastion for many countries in the future.
DISCLAIMER: The information on this site is for entertainment purposes only. Online gambling carries risks, so you should only play within your means. If you’re struggling with a gambling addiction, reach out for help from a professional at the National Gambling Helpline through this phone line: 1-626-960-3500. All gambling websites and guides on this website are 19+. Check your local laws to ensure online gambling is legal in your area. Not valid in Ontario.
Check these websites for free gambling addiction resources.
https://www.gamblersanonymous.org/ga
https://www.responsiblegambling.org/