All gambling games that are presented in the online institution will fully comply with the requests and wishes of the player. In our article, we will recommend the best Canadian Online Casino, which will be not only interesting, but also profitable.
New Trends of Canadian Online Casino
The Canadian Online Casino market is not only about entertainment and games. Large companies conduct thorough economic and social studies, collect detailed statistical data, and carefully listen to the professional opinion of third-party authorities. Then they create development strategies in accordance with their forecasting models. We have compiled the most interesting information on this topic for your pleasure, so keep reading to find out more!
Trends and Rules of Canadian Online Casino
The gaming niche is an actively growing force all over the world, and Canada has not remained aloof in this matter. Numerous Canadian Online Casino providers attach great importance to the further development of the Canadian segment of the betting market since it is quite profitable from the point of view of legal state regulation. Let’s find out the main reasons for such trends.
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Canadian Online Casino Statistics
In general, the figures that form the statistical data accurately reflect the general market trends. This allows Canadian Online Casino providers to adjust their strategy accordingly or make more efforts to solve a specific problem (for example, gambling of minors). The two main aspects of interest in this matter are demographic and game-related reports. So, let’s briefly look at the most important related points.
Demographic analysis of Canadian Online Casino
According to a study by Robert T. Wood and Robert J. Williams, “Internet gambling: prevalence, patterns, problems, and policy options,” about 82% of online gamblers in Canada are men. They have a different educational history and household income of about 74 thousand dollars a year. Another interesting fact is that the average age of all Canadian thrill-seekers is 35.5 years, slightly lower than the global level for people over the age of 45.
To some extent, this may be due to the upward trend in games among minors. A massive study in 2016 showed that 42% of adolescents surveyed at one point or another were engaged in one form or another of bets. Nearly 10% of adolescents in three different provinces confirmed that they had bet at least once in the last three months before the survey.
Not all games are the same in terms of popularity in virtual casinos, so the relevant statistics are very important to consider when adjusting strategies for further development.
This is an incredibly popular version of gambling in Canada, second only to EGM (electronic slot machines). Imagine: in the country there are about 124.5 points of sale of lottery tickets and about 130 terminals per capita.
Canadian Online Casino Games
Since 2011, Canada’s revenue from Canadian Online Casino gambling has been steadily increasing. In 2015, the expected amount was more than $ 6 billion, and the profit in 2016 is expected to be even greater. The most popular segments of this market are spinning machines and classic board games.
Here are some fun facts about slots. According to CGA (Canadian Gaming Association), the average bet per spin was $ 2.80 in 2016, and the average number of games per visit was about 5.8 cars. In addition, the interviewed players confirmed that the main factors when choosing a game for pleasure were the overall impression (79%), denomination (77%). This is followed by bonus features (73%), frequent small payouts (70%) and the cost required for bets on all lines (69%).
According to regular surveys, on average about 8% of the Canadian population takes part in some kind of game on the gaming table every year. This is the highest in British Columbia (28%) and the lowest in Nova Scotia (3.6%).
Gambling Authority in Canadian Online Casino
Many organizations seek to license and regulate the gambling paradigm in Canada. They are often specific to each province. Each region has its own characteristics regarding both online and land trading houses. Let’s look at the most reputable institutions.
Canadian Online Casino Gaming Commission
KGC is the official gambling authority operating in the Kanawake Mohawk area. It was one of the first organizations in the world to officially start licensing and regulating Canadian Online Casino games. This organization issues online gambling licenses and land-based casinos located and operating in the province of British Columbia. In addition, they help in resolving any conflicts between players and housing houses.
The Nova Scotia AGA pays great attention to consumer protection, constantly monitors gambling licenses and verifies the fairness of the game. In addition, they conduct research and collect statistics to improve the current situation in the province. NS authorities are also investing in preventing harmful games, educating the public and treating drug addiction. In 2015-2016, $ 6.4 million was invested in these issues.
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