News Americas, TORONTO, Canada, Weds. Oct. 2, 2019: Compared with many other countries, Canadians have enjoyed a more relaxed view of gaming and gambling, even though laws and regulations can vary in different provinces. The rapid growth of communications technology has also brought about a shifting landscape as players increasingly find online gaming more appealing, compared with the traditional land-based casinos and provincial lotteries.
A recent CBC report highlights that upon announcing figures for the 2017-18 fiscal year, Ontario Lottery and Gaming observed that even though the industry as a whole generated a net profit of $2.49 billion for the province, lottery ticket sales were down. Although profits at land-based casinos and slots venues continue to grow, they’re facing increased competition from online casinos, which are part of a global gaming phenomenon sweeping the world.
More Choice for Canadians
Given the impressive growth of gaming entertainment in Canada, there are now more online casinos to choose from than ever before. For that reason alone, it makes sense to check plenty of reviews to find out what each casino has to offer, before selecting which of them are right for you. From payment and withdrawal methods to the latest bonus offers and rewards, you can visit here for more information and expert opinions about casinos aimed at Canadian players.
Sports wagering has always been popular, but in the midst of a global technological revolution, access to online games of every kind has increasingly attracted the attention of Canadian players. Privacy and convenience have also become key contributing factors in the growth of online gaming, now that players can enjoy their favorite games in the comfort of their own homes or on smartphones from practically any location.
The games themselves have also become more sophisticated. From slots games themed around movies and music to virtual and augmented reality representations of famous land-based casinos in exotic locations such as Macao or Monaco, the gaming industry has reinvented itself to reach the broadest audience possible.
What the Future Holds
If there’s one thing the entertainment industry as a whole does well, it’s adapting itself to suit global trends. The video gaming industry has overtaken the movie industry for global revenue over the last year, which indicates a continually growing preference for interaction and participation rather than passive viewing.
The gaming industry worldwide is expected to be worth over $180 billion by 2021, although it’s been greatly influenced by other sectors of the entertainment industry, embracing elements from all of them to provide people with exactly what they want, when they want it. “On-demand” has become the driving factor for practically every form of entertainment.
The sphere of online casino gaming is no different, as the quantity and quality of services on offer continues to grow without ever seeming to stall, with Canadians enjoying an even bigger and broader range of gaming entertainment. Whether traditional entertainment and gaming establishments will be able to counter that depends entirely on how they face global changes in preferences and technology.