There are more than 100 casinos currently in operation in Canada. Many of them are operated by government organizations, while others are privately owned. Others still are under the careful control of the First Nations and its tribes.
The Canadian gaming industry, which includes land-based casinos, horse racing tracks, sports betting facilities and more, has long been viewed as being somewhat stagnant.
Ontario Brings in 43% of Earnings
In total, the gambling industry brought in nearly $17 billion in revenues worldwide in 2018. This represents a small but significant 4.9% increase in takings over the previous year, and while the industry has a whole enjoyed an increase, the Canadian landscape saw a very different set of results this year.
When looking at it by province, Ontario has made the largest contribution by far to national revenues so far in the 2018. The province, which is the most heavily populated by far, brought in an impressive 43% of all gambling revenues for the nation, amounting to $7.4 billion. It also demonstrated the highest growth percentage rates of 12%, and currently offers a wide range of gaming services, including lotteries, casinos, and dog and horse race punting.
Over in Quebec, the province has managed to earn Canada’s second-highest gaming figures for the year. While casino gambling grew by just 2% last year, online lotto and iGaming sales rose by a more substantial 5%. This indicates that these two services will only continue to strengthen, although it is expected that land-based venues will not enjoy the same increases.
