A little background history of Gambling in Canada
The history of the gaming industry in Canada is both lengthy and intricate. How a nation with a nearly 70-year gambling ban can become well-known both online and offline is truly inspiring.
Although it now ranks eighth globally in terms of gaming popularity, Canada wasn’t always so player friendly. The newly independent nation outlawed gambling in all its manifestations in 1892. With the legalization of horse racing and betting without the requirement of charitable contributions in 1910, limitations were loosened for the public. Raffles and bingo games were the only activities that people could participate in up until 1925 during state fairs.
The law was altered more than 70 years after the original ban to allow lottery games like slots to once again be played. The 1974 Olympics were later sponsored by this slot increase. All gambling restrictions were finally lifted in 1985, legalizing casinos throughout the entire country.
By the early 2000s, The Canadian gaming market already included almost more than 50 casino properties, 31,000 slot machines available, and 32,000 locations to purchase lottery tickets.
Currently, the gaming sector is Canada’s largest entertainment sector, supporting nearly 267,000 jobs across the country. Lotteries and slot machines are Canada’s most popular forms of gambling, with approximately 20 million players.
Due to its need to manage both in-person and online demand, the gaming sector evolved into a distinct industry. Investors must be consumer-friendly and trend-savvy because what is hot in physical venues may not be as popular in online casinos, which offer players weekly bonuses right at their fingertips.