Online gambling is enormous. The scale in which the world chooses to gamble on the Internet is in the billions. The growth of online gambling can be accredited primarily to the spread and advancements in mobile technology. Everything can be found online, casinos included. Surprisingly, not every country is on board with the online gambling craze. This is unfortunate because having legislation put in place in favor of online gambling allows for a whole Nother taxable revenue stream for its citizens. Of course, there are risks. But there are risks in working at a lumberyard, and there aren’t any restrictions on that. Canada, in particular, has some very interesting laws and rules regarding online gambling. Here we will explore both the legalities and the loopholes within Canada and what that means for you.
Local Online Casinos
Like most countries across the world, gambling is illegal in Canada unless licensed and regulated by the Canadian government. This is of course because of taxes and the potential illegal activity that comes from any sort of unregulated and unwatched wealth amassment. Online gambling, for the most part, is legal in Canada. The institution that is hosting the games has to be registered under the provincial government, just like any other institution would. Because of this, Canadian casino sites have been a favorite all around the region. This, overall, is probably your best choice when it comes to slots and casino games.
Offshore Online Gambling
The “great area“ in Canadian gambling laws pertains to the legality of offshore gambling. When you look at it, it may look like offshore online gambling is illegal in Canada. To be clear, if it is illegal in the country that is hosting the online casino, it is straight-up illegal. But if you are a Canadian citizen, and you are gambling on a website coming from a place where it is legal, the Canadian laws do not apply. That loophole means that you can access Las Vegas-based online casinos. You can also access casinos based in Malta, or Thailand.
Ultimately, the question becomes “where should I gamble?“ Well, you put your money where you think you’re going to be safest. If you’re gambling out of a Canada-based website, you can be sure that they’re going to be using services like PayPal in order to manage finances. This is extremely important. You should only gamble on websites that have reputable money management options. If it’s some shady website on an island that you cannot pronounce, promising profits through the roof if you give your credit card info, you’re probably not going to want to gamble there. Stick to the places you know. When it comes to your money, that is rule number one.
Online gambling in Canada is pretty simple. All you have to do, as a player, is to do a little bit of research. Once you know where you’re putting your money, you can do whatever you want. But if you really want to be safe, why not stick to a Canadian website? The odds are as good as any, and nothing gets lost in translation.