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It is apparent to everyone that online casinos have become more popular in Canada in the last 5 years. Researchers have opined that global online betting in the country should reach C$120.5 billion before 2025. Despite the economic problems and the aftermath of the Covid-19 pandemic in Canada, the casino industry, especially Ontario online casinos keeps thriving to the amazement of many. This newly regulated market is currently being extensively reported by casimoose.ca/Ontario from where we sourced some of the information when writiing this article. What are the reasons for the continuous rise in casino gambling in Canada? For more information, keep reading as we will explain why online casinos thrive in Canada.
Holyrood AC
Accessibility and Good Internet connection
One of the main reasons why online casinos keep thriving in Canada and especially in Ontario is because they can be easily accessed on all mediums. Unlike before when needed to visit a land-based casino before you can stake on games, now everybody can stay in their homes and be eager on their phones and PC.
This has been helped by the excellent Internet connection in the county which has made for better business across Canada. The introduction of 4G and 5G networks is ideal because all devices can securely connect to online casinos without problems.
Cryptocurrency and Blockchain technology
Only those staying in a cave haven’t heard about bitcoin and blockchain technology. Due to the drawbacks experienced with fiat currencies, cryptocurrency has come to make payments more secure and transparent. This has made online casinos in Canada and Ontario more popular and accessible.
Now, since many people do business using various cryptocurrency options such as ETH, BTC, and Dogecoin amongst others, this has made casinos thrive more. Security is very important to Canadian players, therefore with the introduction of crypto payments,…
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