Canada
Why are Canada’s Online Casinos on the Rise
Unlike most businesses nowadays, online casinos are actually making a profit during the Coronavirus. And how did that come to be? Well, the growing trend worldwide is that online gambling is taking over the land-based casinos. That’s especially true in Canada, and we’ll list some of the reasons as to why.
Online Gambling on The Rise
The online gambling industry in Canada is growing with each passing year. The trend shows that growth doesn’t look like stopping, either! In fact, at the moment, Canada is one of the top-ranked gambling countries worldwide. This allows for online casinos to flourish. It also drives them to compete and see who has the best online slots in Canada.
If the natural growth wasn’t enough, coronavirus just sped up the entire process. With the lack of land-based casino availability, gamblers turned to their online versions. Everyone is looking for the best online slots Canada has to offer nowadays.
The Benefits of Online Casinos
It’s easy to see why more and more people choose online casinos ahead of real-life gambling. The primary reason is that’s it is extremely accessible nowadays. No more searching for real-life casinos and having to find your way there. Now, instead of wasting your time, all you have to do is download the app and start enjoying yourself.
Online casinos are also a great opportunity for beginners. They get an opportunity to learn at the pace they want to. While playing, a gambler can turn on all sorts of online tutorials to help himself better understand the current situation.
Your Money is Safer
Land-based casinos offer a lot of thrill, there’s no denying it. When the slot machine starts screaming jackpot, you’d think you have the world under your feet. However, this also comes with some damage potential. Other people might notice your lucky night, and you must be careful with how you behave and where you go after winning big-time. This isn’t the case with online casinos. All you need is a credit card to connect and your money is more than safe.
As far as the socializing aspect goes, online gambling is also a great alternative for introverts. They can gamble more freely and meet people from all around the world in the chat rooms. While it may seem strange in the beginning, this could be a great way to exchange knowledge and learn directly from other people.
Conclusion
Land-based casinos will still live, there’s no doubt about that. Many people prefer the traditional way of gambling, and that’s okay. However, it’s impossible to deny the numerous benefits online gambling has to offer. From saving your time to giving you full freedom in your gambling quests – online casinos have it all.
Canada
ComeOn Group adds sportsbook to its offering in Ontario
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
Canada
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
Canada
IAGR announces Toronto as host city for 2025 conference
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
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