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Online Casino Canada gaming has experienced a renaissance in recent years with an influx of talented developers, designers, and investors helping to create a safer, more enjoyable, and incredibly useful product. Online games have become so popular that now they are one of the best entertainment venues among people aged 23 to 35 when those who fall into this class play two to six times a week.
Online Casino Canada Gambling Industry Numbers Revealed
According to official statistics, gambling in Canada is an industry with a turnover exceeding 14.5 billion US dollars per year. The country house has more than 70 casinos, more than 100 thousand slot machines and about 25 thousand temporary casinos and bingo establishments.
In Ontario, there is one slot machine per 350 inhabitants, and the growth rate is approximately 15% per year. On average, every Canadian over 19 years old (not counting tourists) spends between 600 and 900 dollars a year on gambling. Gambling, roughly speaking, is regulated by the state, like a franchise, where a license is acquired through the Alcohol and Gambling Commission; provincial governments determine which Online Casino Canada games are allowed on their territory. For example, Ontario and British Columbia allow casinos, horse racing, and slot machines, while video lottery terminals and similar slot machines are prohibited.
The cost of building and equipping a permanent casino is estimated at about 40-50 million Canadian dollars. Creating a temporary casino (including ships and hotel rooms) is cheaper (40 – 60%). The price of a legal Online Casino Canada, working in full accordance with the rules of the province, starts at $ 80 million.
Online Casino Canada: Reference Point of Regulation
Running an Online Casino Canada business in country is illegal until it is legally regulated in accordance with the provisions specified in the Criminal Code of the country, as well as authorized by the authorities of all Canadian provinces. Legislative responsibilities have been transferred to provinces that are considered major stakeholders when it comes to legalizing casinos or poker rooms. Full authority was granted to local authorities in 1985, and since then the sphere of influence has remained untouched (therefore, only provinces have the right to authorize a gambling establishment).
The Criminal Code consists of two sections, which represent the main appropriations governing the country’s gambling industry. Despite the fact that all provinces participate in the national lottery program, regional or regional authorities have the right to allow or prohibit this activity. Therefore, high-ranking Alberta officials may prohibit special gambling in the province, while at the same time, the same activity can be carried out in Ontario at the same time.
Slot machine regulation in Online Casino Canada
The responsibility for overseeing and regulating the gambling business in Alberta lies with the local gambling and liquor commission (also known as AGLC). In turn, the organization consists of two departments: the Corporation and the Management Board. The corporation is the functional mechanism of the system, while the Council implements government policy through the triggers that are under its control. The organization develops strategic directions and policies and also ensures implementation together with the largest financial institutions in Canada. AGLC is authorized to ensure that the local Online Casino Canada business complies with the fundamental principles specified in the Criminal Code, as well as documents adopted by the organization itself.
In fact, the organization has the right to license, regulate and control games of casual activities located in Alberta. The province ranks second in the list of major Canadian gambling provinces, giving way to Ontario. The organization is characterized by a relatively loyal (by Canadian standards) attitude to gambling and / or enterprises that expect to conduct their business in Alberta. Therefore, AGLC has adopted a well-known charitable license model that helps dozens of organizations raise funds for a specific project.
Online Casino Canada: Responsible Gaming
The year 2004 marked the era of a new attitude to the organization of gambling and to almost all interested parties involved in gambling. A large group of nonprofit institutions, gambling providers, and regulators have joined forces to promote transparent and responsible gambling in Online Casino Canada through the CPRG or Canadian Responsible Gambling Partnership.
Initially, the organization sought to collect comprehensive information on a wide range of aspects of gambling throughout Canada, and the result of the efforts was the release of a collection of Online Casino Canada gambling, which is now published annually. The compilation includes statistics on the state of affairs in each Canadian province: from total revenues and quantitative characteristics of the gambling business to income distribution and highly specialized data.
The digest itself is a beautifully designed document with dozens of tables, charts, and trends that characterize the development of the industry. Gambling Digest is published publicly and is available for download on the official CPRG website.
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