The gambling industry in Canada is experiencing constant growth in recent years. It has grown by 70% in this period and is continuing to grow. A great part of those earnings is due to the rising popularity of online gambling. Today, Canada is earning $31 billion annually just from online gambling.
Of course, this rise can in part be explained by the specific conditions of the pandemic – when most gambling venues had to shut down, but this is far from the only reason for the rise of the popularity of online casinos. Online casinos were on the rise before the pandemic and will continue to after it.
In this article, we will explore a few possible reasons for this development.
The most obvious reason is how convenient the gambling experience in an online casino is. Everything you need, to gamble there, is a computer or a smartphone, and an internet connection. With these simple conditions met, you are ready to go and can play wherever you are and whenever you want.
Playing in an online casino is also a money saver. You don’t need to spend money on getting to a physical casino, or for dressing up. You can wear your favorite comfortable clothes and enjoy your favorite snacks while playing – completely judgment-free!
Canadians have endless options when deciding where and what to play in online casinos. They have an incredible amount of different casinos to choose from. This can be a bit overwhelming, but various lists of the best online casinos can be of great help in this regard. For example, check out this list of best Canadian online casinos by CasinoTopsOnline.com
You will also have the chance to play many different games, from classic casino games such as poker and blackjack to all kinds of new and exciting games. If you don’t enjoy the one you are playing you can switch to another one with no effort or any time lost. You are probably not even aware of the many new games available, as the online gambling industry developed tons in recent years.
Canadian online casino gamblers also have a variety of possible payment methods at their disposal. This means that Canadians can deposit or withdraw money by using MasterCard, Visa cards, PayPal, Netteller, and Entropay. In addition to that, online casinos have recently started to adopt the use of cryptocurrency for playing slot games.
Also, you won’t need to convert currency as casinos accept both Canadian and US dollars. So, you can pick a method of payment that you feel is the safest and will lose no money on conversion fees.
Safety and Discretion
When gambling in an online casino you don’t need to use physical money. For many players bringing actual money to brick-and-mortar casinos is a source of great stress. Some feel like they have to be on a constant lookout for people with bad intentions, and cannot fully commit to the gambling experience.
On the other hand, when playing in online casinos, most gamblers prefer to register with casinos under the Kahnawake Gaming Commission (KGC). The KGC takes care that all casinos apply various protocols that ensure complete safety for online players and protect vulnerable populations from exploitation.
Not only that, but in online casinos, there is complete discretion. You will not have to encounter other people, and no one will watch you play or know how much you won or lost.
Brick-and-mortar casinos usually offer bonuses only to high rollers, and they are therefore quite inaccessible to casual players. It is the complete opposite with online casinos – Canadian online gamblers will constantly have many different bonuses at their disposal.
The costs of running an online casino are much lower, and therefore they choose to offer a great variety of bonuses to their players, such as free spins, free bets, and deposit bonuses. As there are so many different online casinos competing with each other, this is a good way for them to attract new customers.
Even though the Covid-19 pandemic has certainly persuaded many gamblers to switch for an online option, we can see that online casinos were on the rise independently of that. This industry has developed incredibly in recent years – a lot of that has to do with the advances in technology and the widespread availability of fast internet and smartphones.
Online casinos are simply much more convenient for modern gamblers in a variety of ways: from the availability of new payment options and new currencies to the questions of safety and discretion. These reasons are deeply rooted in our modern way of life, so don’t expect online casinos to go away anytime soon. On the contrary, their popularity will for sure continue to grow in the years to come.