No law makes it illegal for online casinos to be licensed in Canada which applies to new casinos online too. However, no such licenses have been granted to any private casino online in Canada. Canada devolved the licensing and regulation of all forms of gambling to the provinces. And as of 2021, none of the provinces or territories has granted private entrepreneurs the license required to set up online casinos or new casino sites.
Interestingly, some provinces have set up their own online gambling portals which they run and manage. The revenue from these online gambling operations serves as an additional source of funding for provincial governments.
Despite this complicated state of affairs, Canada remains one of the most lucrative online gambling markets in the world. Most new casinos that serve the Canadian market are located offshore, a majority of these being registered in Europe and the UK. They explicitly target Canadian punters by adding support for Canadian dollars on their platforms and posting reviews from Canadian players.
New online casinos in Canada would offer players many advantages they wouldn’t get from established online gaming platforms. In a competitive industry, this can only be achieved by attracting players from other online casinos.
Best new Canadian online casinos offer:
- Variety of generous bonuses, discounts, and promotional giveaways.
- The latest new online casino games and superior graphics from trustworthy software providers.
- Different payment and withdrawal methods that are preferred by players in the market.
- Excellent customer support.
Located in North America's northern part, Canada is the world's second-largest country, after Russia, and is renowned for its natural beauty. It is also an economic powerhouse, ranked as the 10th largest economy in the world.