Online gambling market size – Case study Canada

The global online gambling market size was estimated at USD 95.5 billion in 2024 and will grow at a CAGR of 10.5% to USD 257 billion by 2034. The main reasons for the growth of the market are the growing penetration of smartphone devices worldwide and increasing internet connectivity. This growth can also be seen in Canada. To be involved in this trend check out the Betchan Casino for Canadians.

Online gambling platforms have become increasingly accessible due to the growing penetration of smartphone devices. According to Statista, there were 4.2 billion smartphone users worldwide in 2024 and this number is expected to reach 6 billion by 2029. In addition, affordable data plans coupled with improved network infrastructure have enabled users from urban and rural areas to participate in online gambling, thereby expanding the potential customer base and boosting overall market growth.

The North American online gambling market is expected to grow significantly, reaching a market size of USD 74.8 billion by 2034. The market in this region is growing due to government initiatives to legalise and regulate gambling in countries such as the US and Canada. In addition, the legalisation of online gambling can impose government tax, which creates a new stream of revenue for the government. In the US, for example, the tax rate for online sports betting is 51%, which is one of the highest in the country. Additionally, many online casinos are using Artificial Intelligence to ensure compliance, detect suspicious behavior, and personalize gaming experiences in real time.

Registering at a real money casino

After you’ve found one of the best real money online casino sites in Canada, like BetChan, you’ll need to register, a process that only takes a few minutes. Once you’ve registered, you’ll need to figure out how to fund your account. In fact, there are a number of viable ways to accomplish this task. Credit/debit cards are always acceptable as a means of payment for an online casino real money account. If you don’t want to use your credit/debit cards, you can try a popular eWallet option. Incidentally, for Canadians who also enjoy playing online slots and real money games, options such as Interac and InstaDebit are available. These Interac payments are the most popular choice as money transfers are very secure and fast. Finally, bank transfers and ACH banking transactions are also often an option for depositing at a real money casino.

Nowadays, it is highly recommended to always validate your account after signing up! This way you will receive your payouts faster and withdrawals will be made without delays. This usually means uploading a copy of your ID.

Deposit and withdrawal options

Our team recommends players the most reliable casino with an impressive selection of payment options. Our recommended casino has 256-bit encryption. Real money online casinos start with deposits. The process is very simple and the money is offered to players instantly. It can be a little more difficult to receive a withdrawal from a website, as the withdrawal request takes some time to process and the time needed to withdraw from the website depends on the payment method you choose.

Advantages and disadvantages of online gambling with real money

Advantages

+ When you play with real money, you have the chance to win real money

+ Playing with real money is much more exciting than gambling for free

+ When you play for real money in an online casino, you can also play in the live casino.

+ Quick and easy access. Log in and play from anywhere and on any device.

+ Much more real money available

+ Place real money bets on sports competitions

Cons

– It can be difficult to stick to your budget. One tip is to use responsible gambling tools.

– You can only play slots for free, not real money slots.

– Playing with real money can sometimes lead to addiction

-Slots and games to choose from, as free or demo games

Play online blackjack for real money

Fancy a game of blackjack? It can be played in almost all real money casinos in Canada. It’s one of the most popular games at BetChan.

As another alternative to online slots for real money, you could opt for online blackjack real money games. Again, most online casino real money sites offer dozens of different blackjack games.

After looking at the live casino blackjack options, you may find the choice overwhelming. Why? Some of the best real money casinos in Canada offer up to 50 different live casino blackjack tables to choose from. It seems that the hardest part of playing blackjack online is simply deciding which online blackjack real money games you want to play.

For your information, here is just a selection of blackjack games that you can find at any real money online casino in Canada:

Online Blackjack

And the list goes on and on. While real money online slots have a huge following, blackjack holds its own as the second biggest online casino option.

After playing online slots real money games, online roulette real money games and blackjack real money games, there is even more excitement. This excitement could include video poker, poker games, and even scratch cards.