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iGaming Canada: A Lucrative Market for Casino Operators
On April 13, 2025 by adminPeople in Canada can finally enjoy a wide range of casino games online. The reason was not the lack of online technology. It is not a secret that laws have been a bit specific so far. However, things have changed, and there are now many online casinos that operate legally as well as traditional forms of gambling that residents of this country can enjoy.
There is one interesting fact that we have to share with you. When you put into consideration all the business fields in the world, the Canadian gambling market is one of the fastest-growing industries. While we are writing this article, the value of the entire market is somewhere around 12 billion dollars. The more fascinating fact is that the value of the industry may be over 50 BILLION DOLLARS in the next 10 years.
What Is the Main Reason for That?
Have you ever heard about the C-218 bill? For those that do not know, it is an amendment that made sports betting completely legal. It allows all the players in Canada to easily place a bet on different sports events. Logically, the Canadian market is already attractive to a huge number of investors around the globe. Now, when this industry is legalized, there is a huge number of casino operators that decided to expand their business to this market.
More Details about the Law
Just because everything is legalized, that doesn’t mean it is not a bit confusing. Believe it or not, there is no federal law that defines the requirements and expectations that online casinos have to meet. The ones...