CanadaHow many new Canadian online casinos were launched in 2022?
More than 60 online casinos launched in the Canadian market in 2022. That’s a large number of new sites for Canadian players to explore. These sites offer a fresh casino gaming experience with comprehensive game catalogues including slots, table games, bingo, and live casino action. Many sites also have a sports betting section. It’s clear that new online casinos have a lot to offer, but why did so many of them enter the market in 2022?
The new Canadian casinos that opened in 2022
Since more than 60 online casinos became available to Canadians in 2022, it can be difficult to know where to start. To get a better overview, we have shortlisted the 15 most popular sites.
List of the top 15 Canadian casinos that were launched in 2022:
- SpinsBro Casino
- Legzo Casino
- Izzi Casino
- Casibee Casino
- Conquestador Casino
- BetPlays Casino
- Cosmic Casino
- Let’s Lucky Casino
- Mirax Casino
- Winstoria Casino
- Pribet Casino
- Playfina Casino
- Great Win Casino
- HighRoller Casino
- BetonRed Casino
Why were so many casinos launched?
There are several reasons why so many new casinos launched in Canada in 2022. The main reason is the popularity of online gambling in the country. The appetite for casinos games and sports betting means there’s plenty of room in the market for new providers.
Canada is also a large country with many remote areas, so people are more likely to take advantage of the convenience of playing casino games online as opposed to visiting a land-based premises.
It’s also worth mentioning that restrictions on single game betting were removed in 2021, so many online casino providers entering the Canadian market are taking advantage of this.
New online gambling legislations
The changes to the rules regarding single game betting means that Canadian provinces now have the opportunity to conduct and manage online casino gaming and betting within their own province without the restrictions on betting that previously existed.
In Ontario, the situation is different to the rest of Canada. It’s the only province that has a regulated online gambling market. The market launched on April 4, 2022 and is overseen by the Alcohol and Gaming Commission of Ontario (AGCO) in conjunction with iGaming Ontario (IGO). Operators that want to provide online gambling services legally in the province must apply for registration with AGCO and initiate a business relationship with IGO.
Growth in player numbers
Player numbers at online casinos in Canada have grown dramatically in recent years. There are now around 19.3 million active online gamblers in the country. In Ontario, the regulated market seems to have attracted new players to online casinos with 43% of people playing online for less than 12 months.
Against this backdrop of increasing player numbers it’s not surprising that more operators are recognizing the possibilities and launching in the country.
Increased revenue for casinos
Canada is amongst the top 10 countries in the world in terms of spending on online gambling. So, it’s not surprising that the revenue from online gambling in the country is expected to reach US$2 billion in 2023. That’s an increase from US$1.2 billion in 2021.
In Ontario alone the revenue achieved from online gambling in the first year of the regulated market was CAD$1.4 billion (US$1.03 billion).
The online casino market is expected to continue to grow
The current position of the online casino market in Canada is positive. This is a situation that’s resulted in high numbers of new online casinos providing services to Canadian players.
Expert predictions suggest that the Canadian market will continue to grow and is likely to achieve revenue of US$3 billion by 2027. That’s good news for players as it means more online casinos will see the opportunities and launch in the coming years bringing fresh and innovative content to the online casino landscape in Canada.