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After researching what the statistics say about the online gambling industry in Canada, and there are certain clear trends and conclusions. Notably, in recent years, the online gambling industry in Canada has grown in its popularity.
Back in the day, online gambling wasn’t allowed within the borders of Canada, but now you can play numerous online casino games both on Canadian and offshore websites. Some casinos even offer no deposit bonuses, which is why a casino bonus Canada is an excellent option for all the gaming newbies out there to try out their luck for free and eventually try to win some real cash.
And it’s not only bonuses that contribute to the overall rise in online gaming in Canada; there are other benefits as well. The convenience to play from your smartphone, the secure payment methods with end-to-end encryption and the great variety of games contribute to the popularity of online gaming in Canada. Let’s see an overview of this industry’s popularity.
An overview of the online gaming industry in Canada
By 2023, we can expect the global gaming industry to increase its revenues to $500 billion. Canada is among the top ten countries that are considered leaders of this industry. This country has only the relaxed laws regarding online gambling to thank, unlike the US, where online gambling is still frowned upon.
From online gambling, Canada earns approximately $31 billion each year, which we can only expect to rise in numbers in the following years. Other than the relaxed laws around online gaming, Canada also has the overall advancement of technology to thank.
Namely, the advancement of smartphones and the complex technologies behind online gaming made this industry set on a long road to its peak in Canada. Canadians choose online gaming over physical casinos because it offers convenience and a greater set of game choices.
Ideally, this industry will continue to thrive, with Canadians enjoying lucrative bonuses and having a personalized gambling experience from the comfort of their homes.
Final thoughts
The online gaming industry in Canada is, without a doubt, on the rise, as this brief analysis has made clear. Online gaming is continues to become convenient and safer, and modern technological advancements are most responsible for these trends.
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