After a bumper year in 2020, the Canadian online gambling industry continues to go from strength to strength. There are at least 19.3 million adults in the country who enjoy a flutter in some capacity, which is over half of the entire population. That demonstrates just how big a market the gambling industry currently is in Canada.
So other than continuing that impressive growth in 2021 and beyond, what else can Canadian gamblers expect to enjoy in the coming months? Here’s a quick rundown of a handful of the most exciting developments that look set to dominate the sector in the next calendar year.
More casinos, more games, more bonuses
As the pastime enjoys ever greater popularity and generates ever greater revenues, the competition between rival casinos is only set to intensify. In order to attract customers to their site and differentiate themselves from everyone else, casinos often offer a number of promotions, bonuses and other financial incentives to new and existing players.
This is sensational news for the consumer, since it means they can take advantage of these welcome promotions, deposit bonuses and free spins to maximise their enjoyment and their potential earnings in one fell swoop. And to make things even easier, the page games.netent.com/ca/casino-bonuses/ offers a list of the top offers awaiting potential players at online casinos throughout Canada.
Domestic competition
The aforementioned profitability of the online gambling industry has all too often been confined to overseas interests in the past. Indeed, it’s estimated that Canadians spend upwards of $4 billion every year on offshore casinos, so it’s little surprise that the domestic market would like to play catch up and establish itself as a major player, too.
In recent times, the provinces of Alberta, British Columbia, Ontario and Saskatchewan have launched their own gambling sites in a bid to tap into the lucrative sector. It’s highly likely that other regional territories will follow suit in the near future and, as the popularity of brick-and-mortar casinos continues to wane in favour of their online counterparts, more and more domestic websites are likely to spring up.
The digital revolution
Of course, by their very nature, online casinos are digital entities, but 2021 is set to see a number of exciting new technologies arrive in the industry. In Canada in particular, the recent merger between NetEnt and Evolution Gaming is set to drive the digitalisation of the sector, in the words of one of the parties concerned.
In specific terms, this is expected to precipitate the influx of technological innovations like augmented reality (AR) and virtual reality (VR) in casino settings. While live casinos are already gaining in popularity, the ability to visit them in a three-dimensional capacity – all without leaving the comfort of your own home – is sure to be one of the biggest draws of the online gambling industry in Canada this year.
Currently ranked as the eighth biggest market for online gambling in the world, Canada is likely to continue its climb on that leader board in 2021 and the years beyond.
