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Canadian Gambling Markets Are Offering More To Players

On the whole, the Canadian government takes a very hands-off approach toward all gambling activities. To that end, much of the legislation with regards to both casinos and sportsbooks is overseen by individual provences. Traditionally some were more strict than others, meaning there were no casinos allowed. Furthermore, utilizing offshore casinos was a big no-no. Today things have become much more relaxed. There is a growing land-based casino industry, plus access to foreign online casinos.

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The Canadian Gambling Marketplace Takes Off

Looking at gambling markets around the world, we can see that the Canadian gambling industry has grown at a massive rate over the last few years. With the industry both evolving and expanding, the marketplace is said to be worth tens of billions of dollars. Today it’s very easy to find an online casino for Canadian players. Even the process of signing up to an online casino at the start of play has become much easier. For example, 22Bet Casino is essentially a foreign-based casino, but all Canadian gamblers can utilize it freely to win the jackpot online.

New Canadian Gambling Laws

You can thank the Canadian government’s “Law C-218”, for allowing the legalisation of gambling. This has been a huge aid to the whole betting industry. As a direct result, many new opportunities have opened up. In many ways, it’s allowed Canadian citizens to bet in their own home-based casinos. As opposed to looking for offshore casinos and sportsbooks. As of writing, more and more gambling options are becoming available for Canadians. We can see the future Canadian gambling market growing to huge proportions. Right now, there’s a lot of excitement for betting companies as they forecast a potential rise of at least five times the market value over the next decade.

Thanks to the introduction of live dealer casino games, Canadian players who want the same experience of a land-based casino, can have that by playing over their mobile phone from home. They’re also able to access homegrown live dealer casino games as well as a huge selection of enticing bonuses. We should point out that the individual Canadian provinces are still developing plans for more land-based casinos.

New Canadian Gambling Companies

Offshore gambling entities were previously forbidden from entering the Canadian marketplace. But now there’s a great interest in light of the new and more relaxed gambling laws. As a result, many offshore casinos are looking forwards to entering this new betting marketplace and offering an even bigger selection of gaming options to Canadian gamblers. We think that the introduction of so many new online casinos like the excellent 22Bet Casino can only be beneficial for Canadian gambling players. This is thanks to the creation of greater competition. In truth, this drives individual casino companies to offer better gaming options, bonuses, and incentives to encourage players onto their own platforms.

New Technologies

All online gamblers are concerned about their safety and security on the internet. Therefore it’s necessary that all new gaming platforms in the Canadian gambling market need to implement the latest technologies for player safety. This includes new means to add contemporary gaming tech, including such things as virtual reality. This will lead to advancements in enhancing the overall gaming experience and will keep all players immersed and happy. In some respects, they may even help increase your jackpot winning chances.

Though we can witness some new technology happening across small metaverse platforms, we have not yet seen it implemented by any big-name casinos. Nevertheless, there are lots of plans in place to give players a more interesting experience at the blackjack, jackpot poker, and roulette table via such technologies as 3D glasses.

Cryptocurrency Payment Options

Part and parcel of having new players coming into the Canadian gambling casino industry is not just the introduction of new jackpot games. But also practical aspects such as payment options. Right now we can see that many of the larger online casinos have begun offering cryptocurrencies. These are a great means of making both deposits and withdrawals. At its most basic, many of these casinos have integrated Bitcoin as a payment option. Furthermore, other cryptocurrencies such as Dogecoin, Litecoin, Bitcoincash, and Ethereum are now coming onto the scene. Presently, we’re at a critical point in the life cycle of cryptocurrencies. Nevertheless, we imagine that those that survive will be available as payment options in Canadian gambling and casinos.

Canadian Gambling With NFT Games

As of writing, we haven’t seen any online casinos in Canada that are utilising NFTs to gamble with. These non-fungible tokens are all the rage at the moment. So it wouldn’t surprise us to see online casinos developing NFT games. Keep in mind that these tokens are still relatively new. Couple this with the fact that they are not actually a form of currency like cryptos. So it’s going to be much harder to integrate them into any casino platforms. Nevertheless, we have seen that casinos are very quick to utilise any new gaming options. This is also true of payment methods, or playing strategies that will help to bring more players to the table.