The rise of online casino popularity in Canada is being driven by a number of factors, including the increasing availability of high-speed internet, the growing number of casino operators, such as no deposit bonus Canada, offering their services to Canadian players, and the increasing popularity of mobile devices.
If you’re thinking about getting involved in online gambling in Canada, now might be the time to do it. With the industry set to grow significantly over the next few years, there’s never been a better time to get started.
Let’s explore which factors impacted the rise of this industry in Canada and what we may expect the future to bring.
The growth of online casino popularity in Canada is set to soar in 2022
A recent study has found that the popularity of online casinos is set to soar in Canada over the next few years. The research, which was conducted by the Canadian Gambling Association, found that the number of people gambling online in Canada is expected to grow from 3.8 million in 2020 to 5.4 million by 2022, which is an astounding number.
The study also found that the average amount spent on online gambling is expected to grow from $385 in 2020 to $481 by 2022. We’re not here to make conclusions, but this year might just be perfect for all online gamblers out there, as Canada has never seen these value numbers in the gambling industry before.
What motivates Canadians to gamble online?
The convenience of online gambling is a big factor for many Canadians, as it’s much easier to gamble online than it is to visit a brick-and-mortar casino.
Accessibility is another key factor, as you can gamble online 24/7 from anywhere with an internet connection, meaning you can play at any time of day or night, with no worry about finding a casino that’s open.
Variety is yet another major motivator for gambling online, as there are thousands of different games and websites to choose from in Canada. You can find games that suit your budget and interests, and you can try out new games without having to make a commitment.
What opportunities exist for the further growth of online gambling in Canada?
Since the Canadian government has taken a relatively hands-off approach to the regulation of online gambling, operators didn’t have a hard time setting up shop, making numerous online casinos available to Canadians.
As mentioned, Canada has a large population of customers and a high rate of internet penetration, which greatly contributed to making Canada one of the most attractive markets for online gambling operators.
Taking all this into account, we may only expect the future of online gambling in Canada to look bright. And as the industry continues to grow and evolve, there will likely be even more opportunities for growth in the years to come.
We just have to kick back and wait for it.