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Online casino & Gambling Industry Numbers Revealed Gambling in Canada is an industry with a turnover exceeding CA$14.5 billion a year according to the official statistics. The country houses 70+ casino houses, 100k+ slot machines and about 25k+ temporary casino and bingo-type establishments. Read more In Ontario, there is one slot machine per 350 citizens, while the growth rate equals 15% per year approximately. On average, each Canadian over 19 years (not counting tourists) spends from CA$600 to CA$900 on gambling annually. Gambling, roughly speaking, regulated by the state like a franchise where license is acquired through the Commission on alcohol and gambling; provincial governments determine the type of games allowed in their territory. For example, Ontario and British Columbia allow casinos, horse racing and slot machines, while video lottery terminals and similar gaming machines are prohibited. The cost of building and equipping a permanent casino is estimated at 40-50 million Canadian dollars approximately.

Establishing a temporary casino (including ships and hotel rooms) is cheaper (40 – 60%). The price of a legal Canadian casino operating in full accordance with the provincial regulation starts from CA$80 million. Online Casinos Of Canada: The Regulation Point Of Reference Conducting gambling business in Canada is illegal until it is not legally regulated in accordance with the statements indicated in the country’s Criminal Code as well as sanctioned by the authorities of all the Canadian provinces. The legislating responsibilities have been delegated to provinces, considered to be the main stakeholders when it comes to casino or poker room legalization. The full powers have been granted to local powers in 1985, and since then the sphere of influence remains untouched (therefore, only the provinces are eligible to authorize a gambling establishment). The Criminal Code contains two sections that represent core appropriations that regulate the country’s gambling industry. Despite the fact that all the provinces take part in the national lottery program, the provincial or regional authorities are entitled to permit or prohibit the activity.

Therefore, the senior officials of Alberta may ban the particular game of chance on the territory of the province, while the same activity can function in Ontario at the same time. Online Slots Regulation In Alberta The responsibility for supervising and regulating gambling businesses in Alberta lies on the local gaming and liquor commission (also known as AGLC). In its turn, the organization is comprised of two departments: the Corporation and the Board. The Corporation represents the functional mechanism of the system, while the Board carries the governmental policy into effect through the triggers under its control. The organization elaborates the strategic directions and policies as well as delivers the implementation in conjunction with the largest financial institutions of Canada. AGLC is empowered to ensure the compliance of local gambling businesses with the fundamental principles indicated in Criminal Code as well as the documents adopted by the organization itself.