The only legal form of gambling in Canada is state lotteries, video lottery, real casinos, and slot machines outside of casinos. Although this list may seem to be limited; it isn’t so. Canadian gamblers are legally allowed to dive into any type of entertainment at a real money online casino Canada.
Canadian provinces can organize and operate a gambling business. This becomes possible thanks to “lottery schemes,” which are interpreted very broadly: any games and devices can belong to them. They can be represented by both games of chance and games that require skills. Each province makes its own laws, so there is no one-go direction.
Lottery schemes include a variety of games and gambling products:
- Sports betting;
- Games at any online casino real money Canada;
- Slot machines;
- Terminals with games;
With this in mind, it is no wonder that fresh statistics from Canada’s report show that the gambling market is close to saturation. Thus, in 2007, revenue was CAD 13.7 billion and has remained at that level for a long time. In 2008, the margin increased by CAD 13.75 billion, and the latest figures for 2019-2020 were also at a high level of CAD 13.75. The above numbers show the clear tendency on the market and the ways of its development.
Up-to-Date Gambling Stats
The statistics from the recent report provide a breakdown of the income for different gambling sectors in 2019. Thus, the largest share goes to casinos (34%), then to lotteries (26%); slot machines outside an online casino Canada real money (21%); and video lottery terminals (19%). The latest figures for gambling profits in 2018 are as follows: CAD 6.7 billion or 4.7% of provincial revenue.
The data also clearly demonstrate the change in the share of gambling spending from homeownership. Household income has grown, and gambling costs have increased accordingly. Only 51% of households with incomes less than 20,000 CAD spend money on gambling, with an average of only 395 CAD. On the other hand, 78% of households with an income of over 80,000 CAD spend an average of 555 CAD on gambling.
A provincial layout is also available. The largest spending on gambling in Saskatchewan households is 720 CAD, followed by Alberta, whose top value is the level of 645 CAD. The lowest rate goes to Quebec, whose spending doesn’t exceed 390 CAD.
The National Post has made a detailed report on gambling revenues in the province of Alberta. The report shows that the income from gambling is comparable to that from natural gas and oil. More alarmingly, gambling revenues are rising, while mining revenues are going down. Alberta Gaming Research Institute coordinator Robert Williams noted that the province was highly dependent on gambling revenues. The Income relates to the Alberta Lottery Fund. Lynn Hutchins-Ma of the Alberta Gaming and Liquor Commission explained that the money went to fund many volunteer and community projects.