Main Aspects of Canadian Online Casino Gambling Market

The gambling market is not just about fun and games. Major companies conduct meticulous economic and social researches, gather detailed statistical data, listen carefully to the professional opinion of third-party authorities. And then create development strategies according to their predictions. We’ve compiled the most interesting pieces of information on this topic for your enjoyment – so keep reading to learn more!

Trends and Regulations

The gambling niche is actively growing power worldwide, and Canada was not left aside in this matter http://uptheantecasinonight.com/. Numerous online providers put the great diligence into further developing the Canadian segment of the betting market, as it is fairly beneficial in terms of legal governmental regulation. Let’s find out the main reasons of such a tendency.
Aspects of Canadian Online Casino

Statistics of Online Casino Playing

On a large scale, the numbers that form statistical data precisely reflect the overall tendencies of the market. This allows online casino providers to adjust their strategy in accordance, or put more efforts into resolving a certain problem (like underage gambling, for example). Two main aspects of interest in this matter are demographic and game-related reports. So let’s take a quick look at the most important bullet points related.

Analysis Based on Demographics

According to the research “Internet Gambling: Prevalence, Patterns, Problems, and Policy Options”, by Robert T. Wood and Robert J. Williams, around 82% percent of all online players in Canada are male. They have varying education history and a household income of roughly 74 thousand dollars per year. Another interesting fact is that the average age throughout all Canadian thrill lovers is 35.5 years, which is somewhat lower than the worldwide level (more than 45).

To a certain point, this may be related to the current upward trend in underage gaming rates. A massive 2016 study revealed that 42% of the surveyed teens engaged in some form of staking activities previously. And almost 10% of adolescents in three distinct provinces affirmed that they had put bets at least once during the last three months before the survey.

To a certain point, this may be related to the current upward trend in underage gaming rates. A massive 2016 study revealed that 42% of the surveyed teens engaged in some form of staking activities previously. And almost 10% of adolescents in three distinct provinces affirmed that they had put bets at least once during the last three months before the survey.

Look at our other related articles:

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  2. Facts about Online Casino Problem Gambling in Canada
  3. How to Prevent Online Casino Addiction in Canada
  4. Online Casino Prospects in Canadian Gambling Market
  5. Online Casino Legalization by Provinces in Canadian Gambling Market
  6. BC Policy Regarding Online Casino in Canadian Gambling Market
  7. Nova Scotia Studies of Canadian Online Casino
  8. Alberta Gambling in Canadian Online Casino
  9. Quebec Authorities in Canadian Online Casino
  10. Canadian Online Casino Studies in Ontario and Kahnawake
  11. Online Casino Bonuses in Canadian Gambling Market
  12. Economic Impacts of Canadian Online Casino Gambling Market
  13. Canadian Online Casino Demographics Reports
  14. Canadian Researches of Playing Online Casino Slots
  15. Roulette Reports in Canadian Online Casino
  16. Lottery Analysis in Canadian Online Casino
  17. Card Games Statistics in Canadian Online Casino

Statistic Data According Games

Not all games are equal in terms of popularity throughout virtual casinos, so the statistics related are quite important to consider when adjusting strategies of further development.

Lottery

This is an unbelievably popular gambling option in Canada, second only to EGMs (electronic gaming machines). Just imagine: there are around 124.5 lottery ticket outlets and roughly 130 terminals per capita throughout the country.

Online Casino Games

Web Casino in Canada
Ever since 2011, Canada’s revenue from online gambling has been consistently rising. In 2015, the expected amount was thought to be more than 6 billion dollars, and 2016’s profit is most likely even larger than that. The most popular segments of this market are spinning machines and classic table games.

Slots

Here go some fun facts about slots. According to the CGA (Canadian Gaming Association), the average bet per spin amounted to $2.80 in 2016, and the average quantity of titles played per visit was about 5.8 machines. Moreover, the surveyed players affirmed that the main factors in choosing a game to enjoy were an overall impression (79%), denomination (77%). Then bonus features (73%), frequent small payouts (70%), and the cost required to bet on all lines (69%).

Table Games

According to regular surveys, an average of around 8% of total Canada population takes part in some sort of gambling table game each year. This parameter is the highest in British Columbia (28%) and the lowest in Nova Scotia (3.6%).

Gambling Authorities in Canada

Quite a few organizations aim to license and regulate the gambling paradigm in Canada. They are often province-specific. So each region has its own peculiarities concerning both online and land-based staking houses. Let’s take a look at the most authoritative institutions.

Kahnawake Gaming Commission

KGC is the official gamble-related authority operating in the Kahnawake Mohawk Territory. It was among the first organizations in the world to start licensing and regulating online gaming officially.
Canadian Online Staking House

British Columbia Gaming Policy and Enforcement Branch

This organization issues gambling licenses to online and land-based casinos located and operating in the British Columbia province. As well as aids in resolving any conflicts between the players and staking houses.

Nova Scotia Alcohol and Gaming Authority

Nova Scotia’s AGA has a strong consumer protection focus, constantly overseeing gambling licenses, and checking the fairness of play. As well as conducting researches and gathering statistical data to improve the status quo in the province. Authorities of NS also put an endeavor and funds into the matters of harmful gaming prevention, public education, and treatment of addiction cases. 6.4 million dollars were invested into these issues in 2015-2016.

Alcohol and Gaming Commission of Ontario

The goal of AGCO is to control the realization, service, and taking of alcoholic beverages in the province Besides to make sure that both online and land-based casinos offer their customers a supreme quality and fairness of play. Currently, this organization is carrying out a program of modernization in the local gambling industry, expecting to accumulate an additional $4.8 billion by March 2018 thanks to this initiative.

Quebec Régie des Alcools des Courses et des Jeux

RACJ is the government institute that controls and regulates all issues related to alcohol, lotteries, gambling, racing and combat sports in the province of Quebec. In 2016, this organization designed a bill that would deem all non-governmental online staking houses illegal and inaccessible to citizens of the province. But this still remains unapproved and widely opposed by local citizens and lawyers. At the time being, virtual casinos are still free to enjoy in QC.

Bonuses and Promotions

Online Casino in CanadaAs said a bit earlier, around 73% of Canadian players consider bonus features as an important factor when choosing a title to play. So online casinos put the great efforts into providing each of their clients with a varied set of pleasant bonuses updated on a regular basis.

Problem Gambling

Canada has a specific organization which aims to prevent harmful gambling, and that is the Responsible Gaming Council. Thanks to RGC, numerous educational and social programs are held yearly, bringing knowledge and awareness to the general public.

Forecasts for Canadian Online Gambling Development

There’s no unified opinion regarding the future of virtual gambling in Canada at the moment. Some specialists affirm that no drastic changes will be observed, while others tend to believe that the collaboration between different provinces will continue to get stronger.

Another question of interest is the strictness of governmental regulation of online gaming, taking into account the rising revenues from all segments of the market. Will this matter be left to federal and provincial organizations or entrusted to non-government structures? Only time will show. But one thing surely remains undoubted: the paradigm will be constantly evolving and bringing innovative excitement to each and every customer, no matter what the statistics look like.