Canada is one nation that has welcomed both real life and online casinos. They are developing a significant presence in this sector, particularly having a strong reputation for poker related gambling.
An online research company, Statista.com states that ‘the value of the worldwide online gaming market will reach more than $ 94.4 billion by 2024.’
A popular pastime
Canada is one of the top ten countries in the world when it comes to online casino gaming, according to an article published by software provider Slotegrator. The company’s study of Canada’s casino industry discovered that ‘three-quarters of residents regularly visit land-based establishments, with adults spending an average of CAD 570 per year on games like poker.’
Canada's reputation for poker and casino gaming has greatly increased in recent years thanks to the recent shift in popularity from real-life casinos to online casino gaming.
According to a report compiled by Fantini Gaming Research and released last year, gaming revenues reached CAD 17.3 billion in 2017, marking an increase of almost five percent from the previous year.
40% of Canada's whole online gaming revenue came from Ontario. It was generating funds of CAD 7.4 billion – with Quebec being the second-largest province for gaming with revenues of CAD 3.6 billion.
Poker has proven popular in a range of variants in both online and land-based casinos in Canada. From Texas Hold’em to Omaha and Stud, all major interpretations of poker have evolved to be a great hit with players in Canada.
Furthermore, poker is popular at tournaments, from the famous World Series affairs to more low-key events like free poker tournaments. Free poker tournament events permit players to join competitions free of charge but offer winners cash and other prizes.
Final Thoughts
As we have highlighted above, Canada has certainly earned its reputation in online casino gaming. The industry has generated substantial revenues for the country. However, the question on everyone's mind is, as COVID-19 restrictions loosen and real-life casino gambling becomes yet again available to players, will Canada continue to develop its presence in online casino gaming?