The Canadian province named Nova Scotia has no regulated online gambling. However, land-based establishments and lotteries build the unthinkable statistics, which requires thorough studies. Let’s see what’s actually happening in the land in numbers and whether it’s becoming a problem for the government.
No Online Casino within NS Borders
Gambling is a rising trend among Canadians. Hence, there is a research being conducted in Nova Scotia. The subject is to find out how much residents play games of chance. The NS Minister responsible for the GCA told that the results of the survey will signalize about problems. Also, it will help to take due measures for prevention of the related issues and needed regulations will be imposed.
Canadian Province Jurisdictional Agency
In order to control gambling activities in the area, there’s the Alcohol, Gaming, Fuel and Tobacco Division. Its purpose is to watch and check providers of parlor and card games, including ticket lottery and bingo, and issue licenses to those who meet all the requirements. The other core functions of the organization are to investigate whether the best online casino Canada distributes its services according to regulations. Payout percentages, the underage playing, the use of the equipment are the main tasks. Besides, it makes recommendations for the security, permitted entertainments, rules and other aspects pertaining to operators.
Total Wager Numbers for the Last Two Years
According to the study, the sphere, in the past two years, experienced the increase in total wager numbers by 5.1% – $1.31 (2015) and $1.37 billion (2016). Casinos’ earnings rose by 2.9% and the whole net revenue grew up by 12.6%. Though the sum of the prizes got bigger – from $1,001,883,000 to $1,029,482,000, the income of the industry in the province became $160 million compared to $140 before.
Average Revenue
2 NS playhouses – Sydney and Halifax have also made more money – $429,248,000 in 2016, which is 12 million dollars bigger than the amount in 2015. The quantity of the prizes paid out has grown by 10 mills. However, operating expenses decreased by 2.4% ($230,000). The provincial revenue, in this case, increased by 3.8%. As we see, the profits continuously grow, which means that more people play or they spent more cash, which threatens to become a big public concern.
Statistic Facts from Lotteries and Casino Corporation
Here are some numbers on the amount of entertainments and payout rates of gambling presented in Nova Scotia. You’ll find only two casinos and more than 2 thousand of VLTs on its territory. Besides, Halifax allocates 563 slots and 32 tables, and Sydney – 272 and 7 respectively. The PR indices for video and ticket lotteries are 93-95% and 35-65%. Operator’s pokies and card games – 92% and 80-84%. Considering that only 0,9% or almost 7000 of the adults are problem gamers and 87% of the overall number play at least once a year, the observance and statistics are very helpful in regulating the activity in NS.
National Researches
The assembly of nonprofit organizations, auditors, providers and others have united their efforts in making accurate reports on all aspects of gambling in Canada. The Digest is a document showing the full statistics on revenues, games, playhouses and everything related to money actions in all provinces across the country.
Analysis per Games
Nova Scotia is deprived of online gambling; however, it has brick-and-mortar institutions, where you can see 816 slots and 45 gaming tables. Besides, you can try your luck with the help of the VLTs. There are 2,790 of such EGMs in the province. Playing over the web is allowed only for bingo, instant win/scratch, and lottery forms.
Revenue Studies
The total gambling revenue, excluding prizes and expenses, per person is the lowest in NS – only $350. Therefore, operators are always in the black. The casinos’ income is $27,526,000. Electronic gaming machines including slots and lottery terminals bring $90,213,000. Tickets add 46,413,000 dollars on top of the previous digit. Yet, the 2012-2013 years were more profitable – 141.5 million dollars against 138.1 in 2013-2014.