Live Casino Trends in Canada: How Real-Time Gaming Is Shaping the Future of Online Entertainment
The Canadian government has recently changed their approach to iGaming. Provinces are seemingly becoming more interested in a legal and regulated market. Ontario’s legalization of online gambling two years ago certainly contributed to the change in the national mindset. The newly founded market led to a provincial economic boost and higher employment rates within a single year. It is only natural that neighboring provinces now want a piece of that pie as well.
The rumors of a burgeoning iGaming market nationwide are circulating more and more. But what does that mean for the future of the casinos themselves in Canada? The online gambling industry cannot afford to become stagnant. Professionals are always looking to expand their business. It is why so many have gone all in on live casino games available in Canada and beyond. Live gambling is the hottest trend on the market right now. That is why we would like to examine the future of entertainment in the country.
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The Classics at the Top
The online gambling market was originally built on the backs of slot games. The classic pokies were often the only reason that gamblers would visit these platforms. Even the pages that would feature different options still saw the most traffic from slot games. That remains a fact to this day. But things have changed quite a bit since the earliest years of iGaming. The introduction of live technology has made it possible for table games to thrive faster in the online gambling sector.
The first question some may ask is if live slots are available online. The answer is no; but there is a very good reason. Slot games don’t benefit much from live gambling. These are solitary games that work on the same RNG principle online and offline. Pouring effort and money into creating a live slot would be pointless. But table games on the other hand have greatly benefited from the surge in livestreaming technology. A lot of the top choices in Canadian casinos are the classic games that we all know.
Blackjack and roulette are the two main options that most gamblers are going to be talking about. These games have been staples of casinos ever since their inception. They were also the first games apart from slots to be adapted for an online fan base. It is not surprising that the century old card game continues to thrive. Blackjack players have found ways to implement strategy and win a game that many once believed was all about luck.
New Games on the Market
The new audience seems to be enamored with the classic options right now. But it wouldn’t do to rely solely on old-school titles. There are so many new options to explore in the new era after all. The iGaming sector has shown a willingness and an ability to adapt and overcome challenges. That includes a stagnation in their gaming library. Online casinos are always looking to expand the diversity of games that they are hosting. Sometimes this even leads game developers to create unique titles that players wouldn’t be able to play outside of iGaming sites.
The biggest example of this in the modern industry is the surge in popularity of game show gambling. Some may get the wrong idea based on the name alone. What live casinos have done is adapt the classic game shows that we all know and love for a modern gambling audience. Canadian gamblers now have the opportunity to experience the thrill of participating in some of the most well-known TV competitions in the world.
The games in question take inspiration from ones that most are already familiar with. Adaptations of The Wheel of Fortune are some of the most popular ones. But they are far from the only game shows that have gotten to live in an online casino’s library. The most impressive part about gambling on the net is that developers and casinos are continuing to innovate even now. We may see new games as we’ve never even imagined before hit the scene in five or ten years’ time.
Financial Success of Live Casinos in Canada
The future of the live casino market in Canada is largely determined by how the country will choose to handle the industry moving forward. Ontario is seen as the leader in this situation. Their decision to legalize online gambling prompted many fellow provinces to look into the market themselves. Some are taking a “wait and see” approach and examining Ontario’s success. It is why we believe that taking a look at the Heartland Province’s iGaming industry is important when talking about the current trends.
The industry in Ontario is already a major success only two years after the legalization process was complete. In the second quarter of the past year the iGaming industry was already generating over two billion dollars. By the fiscal year’s end there were close to a million players who frequented online casinos across the province. The success of the industry clearly points to a growing interest in online gambling over land-based markets.
The Future of Live Casinos
All of the information that we’ve looked at is certain to beg one specific question. Do live casinos have a future in Canadian markets? Everything that we’ve looked at here points to a bright future for the industry. But there is a lot more to take into consideration than just the current success of live gambling. One thing that we need to discuss is the future possibilities for live gambling. Namely how the industry may evolve in a decade.
The future of iGaming is tied to the development of virtual reality. There are very few gamblers right now who are not fascinated by the idea of a VR casino. The technological restraints that hold the industry right now prohibit the possibility of a truly realized virtual reality gambling hall. But who knows what is going to happen within ten or twenty years. VR may become the next evolution of the live gambling market.
Disclaimer: This article is for informational purposes only. Always ensure that you comply with local laws and regulations regarding online betting. Gambling and iGaming involves financial risk and is addictive. Please play responsibly and within your means. Seek help if you need support.
