The Biggest Deals In The Worldwide Gaming Industry Found In Canada

Online Casino Business Canada

When it comes to gaming and gambling across the word, it is an industry that is certainly a big and vast one. In numbers that were published recently by the Canadian Gaming Association show that it is Canada who is the leader across the world when it comes to the biggest deals and the biggest growth when it comes to gaming and gambling.

The growing popularity of online casino mobile gaming has been the biggest catalyst for the increase in popularity of gambling and gaming in Canada. The latest figures show that Canadian gamers have purchased a total of $14 billion in action yearly with that number being able to afford a payout to players of $31 billion during the course of a year. The popularity of gaming and gambling in Canada is on par with other major countries across the world but Canada is the one that is showing where it is more popular thus meaning more money being made and more money being paid out.

Regulations when it comes to gaming and gambling in Canada have also helped spur on the increase in gaming. Canada allows for each province to set their own rules and regulations when it comes to gaming and gambling. The province of Quebec is noted as the epicenter of Canadian gaming and gambling as it was here where the first gaming licenses in the country were issued. Ontario and the Ontario Lottery and Gaming Corporation (OLG CA) also are noted big players in the Canadian gaming industry and have been able to employ up to 18,000 people with those folks accounting for a $7 billion yearly payroll.

Online gambling is something that is starting to take off in Canada with several provinces having passed laws legalizing it and others having pending regulations. This has also allowed for the increase of online gaming companies which in turn also help with increasing the overall revenue of the industry and making gaming and gambling that more widely acceptable across the country.

The Amaya Gaming Group is the biggest company when it comes to online gaming. It was in 2014 when the Amaya Gaming Group purchased the interests in the worldwide popular online gaming sites PokerStars and Full Tilt. Late last year with the purchase of their various gaming companies, the Amaya Gaming Group changed their company name to The Stars Group. This company is headquartered in Toronto which puts the icing on the cake when it comes to Canada being the leader when it comes to the worldwide gaming industry.