The Canada online casino industry continues to rapidly expand all across the nation and on a global scale as well. Recent advances in online gambling software, as well as technology for mobile betting platforms, is beginning to change the face of the entire casino gambling industry.
A recent article posted on The Nova Scotia Business Journal website www.dailybusinessbuzz.ca took this issue to task in terms of online casinos’ impact on the land-based casino business in Canada. The biggest advantage that online gambling has over the brick-and-mortar casino is convenience. It is far easier to gamble online than to plan a trip to an actual destination with gambling venues.
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How Are Online Casinos In Canada Prospering North Of The American Border?
Online casino games can be played anywhere you can get an internet connection. The business has actually shifted from desktop and laptop computer play to mobile handheld devices. Gaming software companies have aided this shift with any number of online casino apps that can easily be downloaded to a smartphone or tablet. Another driving force for the growth of casino gambling online is casino websites that are far more sophisticated and much more secure than their predecessors. These modern gambling sites are also audited and regulated to meet the same standards that land-based casinos must adhere to.
This report notes that the online casino ‘revolution’ can be traced back to 2010. With faster and more reliable access to the Internet, more and more gamblers in Canada had easy access to casino websites. Combined with the overall advances in the online gaming industry, the first cracks in the foundation of the existing brick-and-mortar casino industry began to appear.
Caesars Windsor And Loto-Quebec’s Montreal Casino In Canada
Going back to 2012, this report states that the Loto-Quebec’s Montreal casino posted a loss of 10.2 percent in gambling revenue during the second quarter of that year. Caesars Windsor also experienced revenue declines to the point where company officials had to release an official statement confirming its commitment to its land-based casino despite the loss of business.
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Once the betting public was assured that online casino sites were safe and secure, the online casino business exploded. Gambling has always been a very popular activity in Canada and, combined with the ease of play online, it is easy to see why this was the case. Another factor was the online casino websites themselves. They were designed to have the flexibility to constantly update and expand their selection of casino games.
Gamblers love things that are shiny and new. This plays right into the hands of gaming software development companies that are always looking for ways to push the envelope when it comes to life-like graphics and high-performance audio applications. The simple online casino game grew into a highly attractive online experience. Check out the best gambling sites for Quebec residents.
While the growth of the online casino business in Canada has remained steady over the past few years, it appears that the land-based casino industry has made the necessary adaptations to grow as well. After the initial hit, Loto-Quebec has increased revenue at its casino and gaming establishments 5.3 percent since 2016. Ontario Lottery and Gaming Corp. is also doing well with a reported $7.4 million in gambling revenue in the first quarter of this year.