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    Online casino & Gambling Industry Numbers Revealed

    Gambling in Canada is an industry with a turnover exceeding CA$14.5 billion a year
    according to the official statistics. The country houses 70+ casino houses,
    100k+ slot machines and about 25k+ temporary casino and bingo-type establishments.
    Read more

    In Ontario, there is one slot machine per 350 citizens, while the growth rate equals 15% per year approximately.
    On average, each Canadian over 19 years (not counting tourists) spends from CA$600 to CA$900 on gambling annually.
    Gambling, roughly speaking, regulated by the state like a franchise where license is acquired through the Commission on alcohol and gambling; provincial governments determine the
    type of games allowed in their territory.
    For example, Ontario and British Columbia allow casinos, horse racing and slot
    machines, while video lottery terminals and similar gaming
    machines are prohibited.

    The cost of building and equipping a permanent casino is estimated at 40-50
    million Canadian dollars approximately. Establishing a temporary casino (including ships and hotel
    rooms) is cheaper (40 – 60%). The price of a legal Canadian casino
    operating in full accordance with the provincial regulation starts from
    CA$80 million.
    Online Casinos Of Canada: The Regulation Point Of Reference

    Conducting gambling business in Canada is illegal
    until it is not legally regulated in accordance with the statements indicated in the
    country’s Criminal Code as well as sanctioned by the authorities of
    all the Canadian provinces. The legislating responsibilities
    have been delegated to provinces, considered to be the main stakeholders when it
    comes to casino or poker room legalization. The full powers have been granted to
    local powers in 1985, and since then the sphere of influence remains untouched (therefore, only
    the provinces are eligible to authorize a gambling establishment).

    The Criminal Code contains two sections that represent core appropriations that regulate
    the country’s gambling industry. Despite the fact that all the provinces take part
    in the national lottery program, the provincial or regional authorities
    are entitled to permit or prohibit the activity. Therefore, the senior officials of Alberta may ban the particular game of chance on the territory of the province, while the
    same activity can function in Ontario at the same
    time.
    Online Slots Regulation In Alberta

    The responsibility for supervising and regulating gambling businesses in Alberta lies on the local gaming and liquor commission (also known as AGLC).
    In its turn, the organization is comprised of two departments:
    the Corporation and the Board. The Corporation represents the functional mechanism
    of the system, while the Board carries the governmental policy into effect through the
    triggers under its control. The organization elaborates the strategic directions and policies as well as delivers the implementation in conjunction with
    the largest financial institutions of Canada. AGLC is empowered
    to ensure the compliance of local gambling businesses
    with the fundamental principles indicated in Criminal Code as well as the documents adopted by the organization itself.

    In fact, the organization holds the power to license, regulate and monitor games of chance
    activities located in Alberta. The province occupies the second position in the list
    of the major Canadian gambling provinces, ceding the leadership
    role to Ontario. The organization is characterized by a relatively loyal (by the standards
    of Canada) attitude towards gambling activities and/or enterprises, looking forward to conduct their business in Alberta.
    Therefore, AGLC adopted a far-famed charitable license model that helps dozens of organizations to raise funds for a particular project.

    Online Casino Canada: Responsible Gambling

    The year of 2004 heralded the era of new attitude towards gambling organization and virtually all the stakeholders involved in gambling activities.
    A large cohort of non-profit establishments, gambling providers and regulators united their efforts towards
    transparent and responsible gambling in Canada within the framework of CPRG, or the Canadian Partnership for Responsible Gambling.

    Initially, the organization aimed at gathering comprehensive info on a broad
    variety of gambling aspects across Canada, and the result of
    the effort was the release of the gambling digest, now published annually.

    The digest includes statistical data on the state of affairs in each Canadian province:
    from overall revenues and quantitative characteristics on gambling businesses to revenue distribution and highly specialized data.

    The digest itself represents a nicely crafted document with dozens of tables, charts and trends
    that characterize the development of the industry. The Gambling
    Digest is released publically, and available for download on the official
    CPRG website.
    Casino Online And Brick & Mortar Establishments in Kahnawake

    Kahnawake is a Mohawk Indian Reservation in Canada.
    Due to the special status granted to Indian lands, many of them legally allowed to host gambling, which provided a good
    supplement to the local budget. Kahnawake Gaming Commission, responsible for the
    regulation in this area, was established in 1996, and within as little
    as 3 years it began to issue licenses for this type of business on the Internet.
    Being the pioneer of gaming industry niche, the jurisdiction has become one
    of the most well-known among phenomena of the kind.

    The Canadian KGC consists of three organizations assigned by Mohawk Council
    of Kahnawake. They are mandated to deal with all the regulation issues of online gambling, including licensing.
    A system of rules and standards that guides the commission is based on the experience of
    Australian colleagues. The basic principles of KGC are
    aimed at reduced to fair business conduction, transparency, data security and timely payouts.

    The Commission has developed the requirements, ensuring high reliability and
    excluding the possibility of fraud in online gambling business.
    When considering an application the agency examines the following
    aspects:

    the formal grounds for issuing the license
    the reliability and integrity of software
    the capital adequacy for timely payouts

    How Online Roulettes Appeared In Ontario

    With an eye on the successful experience of Quebec, Ontario
    government raised the question of further legalization of online gambling in the
    province. Taking drastic measures was dictated by Toronto budget deficit of CA$24.7
    billion.

    Dalton McGuinty, the former Prime Minister of the province, proposed to fill the gap by raising taxes
    on the sale of alcohol. However, armed with a calculator and enlisted with the support of like-minded people, the Prime Minister gave the green light to local online gambling resources.

    The neighboring Quebec earned about CA$50 million annually from online gambling enterprises, Ontario, the largest Canadian province,
    could count on even larger revenue.

    ‘Legalization of gambling sites will benefit the
    entire province. Ontario residents annually spend up to CA$1.9 billion on gambling online, though the funds go
    to other regions and offshore sites’, Paul Godfrey, head of the Committee on gambling in Ontario, commented on the situation.

    Jeff Derevensky, the head of the International Centre that strives to limit gambling activities in Canada, indicated the young
    population was not ready for such global changes.
    However, the head of the center saw no particular
    obstacles to legalization: he offered to introduce a special course in local
    schools to protect the younger generation from the dangers of Internet gambling.

    Best Online Casino Platforms Bring Up The Champions

    The anthem of Canada sounded in Rio All-Suite Hotel and Casino in Las Vegas
    again and again as the six weeks poker season ended with a triumph of Canadian players, who managed to win 10
    bracelets. In addition, Daniel Negreanu, a resident of Toronto, was so good in Australian and US competitions that
    earned the WSOP 2013 ‘Player of the year’ title.

    When in late June Kristen Bicknell from Ontario won the women’s tournament, it a new achievement has been recorded: the bracelets have been awarded
    to ten players from Canada, which is a huge progress after three bracelets received in 2012.
    The previous record of the country was six bracelets won in 2010.

    As usual, the majority of players represented at the WSOP were the U.S residents: 57,040
    out of a total number of 79,471. Thus, 71.8 % of American players was more then enough to secure the leadership, as
    Canadian representation equaled as little as 5.2% (4,118
    poker players). No surprise that the U.S. won a better part of WSOP
    bracelet in 2013 (41), almost two-thirds of the total
    number of awards and is slightly less than its percentage of participation. At the same time,
    ten Canadian bracelets represent 16.1% of awards, which
    is three times higher than the percentage of participation of the country.

    Daniel Negreanu Bonus Casino Rockstar According To GPI Rank

    In his address on Twitter, the Canadian resident,
    Daniel Negreanu, ranked the best poker player of the decade, wished his fans all the best and gave a little advice:
    ‘I hope that you will fulfill your dreams. Dream – declare –
    execute. The formula really works!’

    In the life of 39 -year-old Canadian pro this formula really works as clockwork,
    especially recollecting about his goals for 2013. Negreanu
    planned to enter the tournaments and win at least CA$1.5 million, grab his fifth WSOP bracelet in career and a find himself in the Top
    10 race Player of the year Bluff.

    It’s unbelievable, but Negreanu not only achieved his goals, but also exceed them dramatically
    (and yes, he managed to be ranked the player of the year
    by Bluff Magazine).

    The famous player won his bracelet in April, when he triumphed at the WSOP Asia-Pacific (APAC) Main Event and earned CA$
    1,087,160. In October, he was able also to duplicate the result, winning the competition of a high roller at the WSOP Europe, and
    get over CA$979,955. Along with other payments, during
    the year Negreanu one of the best players of Canadaso far
    collected winnings of CA$3,208,630 and the amount
    of his winnings throughout the career increased to CA$19,
    549,209.
    Mobile Casino

    Enhanced capabilities of information technology and personal gadgets fueled a breakthrough in the development of
    e-commerce sector. The brand-new opportunities
    contributed to drastic changes in all spheres of business, and
    gambling is no exception. Naturally the expansion of changes into the online segment adjusted the
    balance of power in the global gaming sector
    and deepened the conflict between ‘conservatives’ and ‘reformers’.

    According to Firebear Studio, a prominent IT company, global e-commerce market
    in 2014 was estimated at a trillion dollars, while its growth rate equaled 19.4%
    according to the research.

    Another investigation carried out by Goldman Sachs Group Inc.
    indicates that due to the increasing popularity of smartphones and tablets the concept of mobile commerce (m-commerce) acquires its relevance.
    According Firebear Studio, last year the number of transactions from mobile devices grew up to 18% of all
    purchases on the web. The percentage of operating on mobile devices has increased from 38% in 2012 to
    53% in 2014.

    This direction couldn’t have left online gambling untouched, which is evidenced by comprehensive researches of the authoritative
    H2 Gambling Capital and iGaming Business. Online market is not consolidated and it is being developed still.
    Until now, there is even no single terminological apparatus: the same phenomenon called different companies in different ways.
    The concept of ‘online gambling’ causes misunderstandings.
    H2 Gambling Capital and iGaming Business,
    for example, referred to as the entire online gaming market segment, First Gaming distinguishes it from mobile segment.

    Others, such as The European Lotteries Association and Scientific Games, do not refer online
    lotteries to this notion. Nevertheless, the industry is
    rocketing.

    H2 Gambling Capital and iGaming Business projected the total revenue from
    online gambling winnings (including betting) in 2014
    amounted to C$30,6 Bln. According to the study, the total income of the global online gaming industry will grow from C$6,6 billion 2003 to C$ 32,5 billion in 2015-m
    and C$42,8 billion 2018. By that time, in terms of profitability Europe will
    continue to lead, although the gap with other continents
    will be reduced, especially with Asia. A doubling
    of revenues from online gambling in the United States
    is expected.

    Betting will retain its leading position on the Internet, but will gradually show a slowdown. In this case, the yield is
    expected to increase the online casino, which
    by 2018 will also double their performance. Such growth will be observed in all sectors, except for
    online bingo.

  8. cocksucker (17 Oct 2016, 7:20)
    Reply

    Online Slots Regulation In Alberta

    The responsibility for supervising and regulating gambling businesses in Alberta lies
    on the local gaming and liquor commission (also known as AGLC).
    In its turn, the organization is comprised of two departments:
    the Corporation and the Board. The Corporation represents the functional mechanism of the system, while the Board
    carries the governmental policy into effect through the triggers
    under its control. The organization elaborates the
    strategic directions and policies as well as delivers the implementation in conjunction with the largest financial
    institutions of Canada. AGLC is empowered to
    ensure the compliance of local gambling businesses with the fundamental principles indicated in Criminal Code as well as the documents adopted by the organization itself.

    In fact, the organization holds the power to
    license, regulate and monitor games of chance activities located in Alberta.
    The province occupies the second position in the list of
    the major Canadian gambling provinces, ceding the leadership role
    to Ontario. The organization is characterized by a relatively loyal (by the standards of Canada) attitude
    towards gambling activities and/or enterprises, looking forward to conduct their business in Alberta.
    Therefore, AGLC adopted a far-famed charitable license model that helps
    dozens of organizations to raise funds for a particular project.



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