At least 19.3 million Canadians actively gamble, according to a CasinoValley 2020 research. Recently, Alberta, Ontario, British Columbia, and Saskatchewan have all joined the fun by launching their very own gambling site. The reason is simple. It is a very profitable business. Profitable indeed, the Gaming Industry Report published a report in 2017 stating that the industry produced $16.1 billion in gaming win.

The current global epidemic has closed casinos all across the country for many months and the 2-meter social distancing law would make it challenging for those who choose to reopen. These obstacles have opened the doors to numerous online casinos and enabled the gambling industry to innovate and come up with various alternatives. Game studios and online companies have invested millions of dollars to make their experience unique, memorable, and as fun as possible. Times are changing and so is the industry. Let’s have a look at the most interesting trends in Canada this year.

Cryptocurrency

We have all heard stories about cryptocurrency, especially Bitcoin, by now. Some have managed to turn their small investment in this digital currency into an impressive fortune while others have lost. No one can win big, if they don’t play hard, right?

In Canada, some restaurants such as KFC will accept Bitcoins while in some parts of the country you can buy clothes online or even pay your taxes with it. Crypto payments have also become very popular with Canadian online casino sites, making players’ details safer and making payments faster.

With support from countless influencers and entrepreneurs, this digital currency phenomenon will only become more and more popular with time.

E-wallets

Without electronic wallets there would not be any cryptocurrencies. Oftentimes, even players who don’t have cryptocurrency will choose to use an e-wallet to deposit and withdraw from online casinos. It keeps the players’ finances and financial data secret and it improves their online security.

Gaming and Gambling applications

With almost everyone not being baby boomers having mobile phones, it is not breaking news that gambling applications have been so successful. There are hundreds of games for everyone from rookies to experienced gamblers and accessible from anywhere, just look at a site like https://www.casinosformoney.com/ca/.

As technology keeps on improving, this trend will only keep on striving and making games more and more realistic.

Streaming

With the worldwide success of a variety of platforms such as Netflix, Disney+, Amazon prime and Playstation Now, which specifically streams video games, it was only a matter of time before the gambling industry joined the streaming reality. Las Vegas even restructured a nightclub to recreate an eGaming arena. Many Canadians have followed this trend and more people want to watch the best gamers out there. 

Virtual Reality

It seems like virtual reality (VR) has been talked about for decades now so it comes as no surprise that this technology has finally seen the light of day. Now you can visit a foreign country, jump from a plane in midair and even go to the casino without ever leaving your house. All you need is a VR headset and a vivid imagination.

Virtual reality casinos have already started incorporating the latest technology by having 3D game tables, realistic slot machines, familiar sounds and in-game chats. The best part? Canada is a pioneer in developing this technology and with the future looking so bright, it’s only a matter of time before the VR market develops and prospers.

With so many options available at the palm of their hands, why would anyone want to return to the physical casino platform when online gaming is so much more interesting and accessible?