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Alberta’s Delayed iGaming Launch Signals Larger Challenges in Canada’s Online Gambling Market
Alberta’s plans to launch its own regulated online gambling market have been delayed. Initially set to roll out by the end of 2024, officials now say it won’t be ready until 2025. The reason for this delay, as reported by Olivia Richardson from Gambling Industry News, is that the government needs more time to gather feedback from key groups. This includes input from local indigenous communities and physical casino operators as the province wants to make sure the new iGaming rules are fair for everyone.
Provinces, like Ontario, have already implemented their own regulated online gambling markets. Ontario successfully launched its iGaming framework in 2022, spawning a thriving market there ever since. Alberta hopes to create a similar system but is carefully considering every angle to ensure there are no unintended problems.
According to Richardson, “there’s a strong commitment to getting it right,” which is why Alberta is proceeding with caution rather than rushing into a launch.
One big reason for the demand for online gambling regulation is how popular slots are becoming in Canada. The best online slots for Canadian players offer exciting features, including great bonuses, fast payouts, and high Return to Player (RTP) scores which give players better odds.
These features have helped propel slots to being the most popular games at these sites by far and have encouraged more players to discover Canada’s newest online casinos. As more Canadians realise the benefits of these sites, governments like Alberta’s face an important task to establish regulations to ensure gameplay is fair and players are protected.
Dale Nally, Alberta’s Minister of Service Alberta, explained that the province is taking extra time to make sure the system is safe for its residents, especially younger players. Alberta’s government has made it clear that protecting the health and safety of its citizens is a top priority as it moves forward with developing the iGaming market.
The delay is part of a broader trend seen across Canada. As online gambling grows more popular, provinces are now setting up their own regulations to control the market in specific ways. In 2021, the federal government made a significant change by legalizing single-event sports betting. This opened the door for provinces to regulate online gambling individually.
Ontario has been a leader in this area but provinces like British Columbia and Quebec are also working on developing their own online gambling regulations. Alberta’s approach, which involves careful consultation with various stakeholders, shows that there is no one-size-fits-all solution. Each province faces its own unique challenges when it comes to regulating the sector.
Paul Burns, the President of the Canadian Gaming Association, has expressed support for Alberta’s decision to delay the launch. He believes that it’s more important to get the system right than to rush into it and potentially face problems later.
By taking this extra time, Alberta can ensure that its online gambling market will be fair, safe, and beneficial for everyone involved. Burns iterated that while the launch of the market has been delayed, the province is still approaching the issue in the correct manner. In this instance, he believes that taking extra time will be beneficial to all relevant stakeholders, the province, the players, and the industry at large in the long run.
Although some Alberta residents might be frustrated by the delay, there are still plenty of online gambling options available across Canada. As the online gambling market in Canada and the massive revenues it rakes in continue to grow, Alberta’s careful approach may influence other provinces as they develop their own regulations.
By taking the time to consult with key groups and ensure that safety and fairness are priorities, Alberta is setting itself up for long-term success in the iGaming industry. Although the launch is delayed until 2025, the decisions made now will likely shape the future of online gambling, not only in Alberta but across Canada.
Alberta’s approach could become a model for how other provinces balance the excitement of the industry’s rapid growth with responsible and thoughtful regulation. By involving indigenous communities, local businesses, and other stakeholders, the province is demonstrating that a successful iGaming market requires collaboration and careful planning.
It also reflects a broader commitment to addressing concerns about protecting vulnerable groups, like younger players who may lack the experience and restraint of more experienced ones. If Alberta’s model proves effective, it could set the standard for a sustainable and safe gambling environment across the country, benefiting both players and regulators alike.
Whether the region will be as successful as Ontario has been remains to be seen. While considering how to handle its regulations, Alberta will have to carefully balance the benefits of the enormous tax revenue the industry will likely bring with ensuring that it adequately protects players without stifling the market by over-regulating it. Either way, by 2025, the local government and residents alike should have a clearer picture of how it will all play out.
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The Canadian Online Casino Market: Overview for 2024
The online casino industry in Canada continues to show remarkable growth and has managed to entice both players and analysts. Certain provinces underwent policy changes that have successfully attracted the digital gambling business outside of the Great White North. Some of these brands are a list of best online casinos in Canada, and they are a go-to choice for thousands of gamblers. You can read in-depth reviews to find out what top-rated operators have in store in terms of games, bonuses, and other relevant features for Canadian players.
The policies that allowed foreign brands to enter the Canadian market were approved in 2022. Now that enough time has passed let’s see what is the situation on the online gambling front and talk about some key players.
Market Size
The growth of the Canadian casino market has been nothing short of spectacular. The data from the Canadian Gaming Association revealed that in 2024, almost 20 million people (50% of the Canadian population) have gambled at an online casino at least once. It is a significant ramp up in activity compared to 2020 when approximately 10 million players used internet gambling sites. In other words, the market is growing very actively, and some estimates claim the number of active players will surpass 30 million by 2029.
To put these numbers into perspective, let’s see how these numbers impact the revenue. By 2024, the online casino gross gaming revenue of Canada is projected to be more than $2 billion, up from $750 million in 2020.
Regulatory Landscape
The legal status of online casinos in Canada is determined by local governments. Despite federal provisions contained in the Criminal Code, individual provinces are free to regulate and license gambling. This has resulted in a situation where some provinces are more liberal with legislation compared to others. What’s more, certain provincial regulators even run their own gambling sites.
The most populous province in Canada, Ontario has led the way in the regulation of online gambling. In April 2022, they opened the doors to private offshore brands, so long as they are compliant with iGaming Ontario. The move has resulted in earrings around $1.26 billion by the end of March 2023. Other provinces have been observing this development and it has created a benchmark for future regulation of the industry throughout the country.
Economic Impact
The economic effect of online casinos in Canada has had an upward trajectory. Tax revenues from internet casinos are projected to reach impressive figures in 2024:
- The expected online casino GGR of $9 billion and the current GST rate of 5% puts the federal government tax revenues at around $450 million from online casinos.
- Total collected taxes from internet casinos in Ontario are estimated at $1.2 billion, depending on the provincial tax rate and gaming activities.
- Jobs are another social-economic advantage of online casino business. The industry is projected to generate over 25,000 direct employment opportunities in 2024; a notable increase from 2021 when that figure was 15, 000. Some examples of these jobs include software development, customer support agents, marketing and data analysis.
Key Players in the Market
In Canada, online gambling is regulated by provinces and each province has its own government-run operators. Here is a list of some state-owned gaming sites by province:
- British Columbia
- PlayNow.com: Currently managed by the British Columbia Lottery Corporation, PlayNow.com delivers online casino games, sports betting, and lottery.
- Manitoba
- PlayNow.com: Similarly, through BCLC, the Manitoba Liquor & Lotteries Corporation (MLLC) employs PlayNow.com to offer online gambling to the people of Manitoba.
- Ontario
- OLG.ca: Online gambling in Ontario is run under the OLG, which runs a site OLG.ca where people can play casino games, buy tickets, and bet on sports.
- Quebec
- Loto-Québec is the provincial regulator that also hosts online casino games, sports betting, poker, and lottery. In 2022-2023, 13.5% (almost $404M) of their total revenue came from online products.
iGaming Ontario or iGO is an affiliated company of the Alcohol and Gaming Commission of Ontario tasked to regulate and oversee online gaming in Canada. The body works with private operators to offer a regulated gaming network.
Some of the key iGaming Ontario operators include:
- BetMGM
- DraftKings
- FanDuel
- PointsBet
- 888 Holdings
These operators are affiliated with iGaming Ontario, which guarantees access to a secure gambling platform.
Player Preferences and Popular Games
Canadian players have also exhibited a relative preference for casino games. According to recent data from iGaming Ontario, for the period from April 1 to June 30, 2024:
- Casino games like slots, live, computer-based table games, and peer-to-peer bingo, represented 84% (nearly $15.5 billion) of total wagering handle and 73% ($529 million) of gaming revenues.
- Esports and novelty bets along with regular and proposition bets contributed 14% of the total wagers, and they were worth $2.5 billion. This roughly translates to a gaming revenue of $181 million.
- Peer-to-peer poker, according to stats from iGaming Ontario, generated $67 million in gaming revenue (2023-2024), and the value of wagers placed exceeds $1.6 billion. Many players participate in multiple online tournaments simultaneously, so getting the accurate number of active players is rather difficult.
Future Outlook
The future of the Canadian online casino market looks promising, with several factors driving continued growth:
- Expanding player base: According to estimates on Statista, the number of active users will reach nearly 34 million by 2029. The current user penetration rate is 69.4%, mainly thanks to the high accessibility of online gambling and macroeconomic factors. Casino entertainment is widely available through smartphones, and Canadians have enough disposable income (USD 34 421 a year per capita) to spend on this leisure.
- Technological advancements. The combination of virtual reality (VR) and augmented reality (AR) in online casino games could revolutionize the players’ experience. Not to mention, AR is considered to be one of the top investments in the future, which is why most casinos are starting to add it to their portfolio.
- Regulatory evolution. The reality is this industry is still new, so there’s a lot of back and forth on the regulatory front. Generally, if online gambling is fully legal (casinos and sportsbooks are permitted) the regulations only get tighter from that point onward. There are new restrictions on advertising, game features, spending limits, etc. Also, fees that businesses pay to cover the social costs of gambling tend to get higher.
- Crypto integrations. Even though cryptocurrencies aren’t legal tender in Canada, they can still be purchased legally. There are several crypto trading businesses that are authorized to exchange currency in Canada, which means these digital coins are readily available. As a result, we will likely see more gambling sites with crypto integrations that Canadians can use.
Market estimations show that the Canadian online casino industry has the potential to record a CAGR of approximately 6.5% in the next five years and it may reach $3.7 billion by 2025.
It wasn’t long ago that the Canadian online casino market was viewed as nothing more than a gamble. But now it is a major player in the country’s digital economy. From the prairies to the coast, Canadians are going online, placing their bets, and contributing to the growth of a new and fast-growing sector.
Features
Revisiting Boris Birshtein’s Efforts to Save a Holy Torah
Boris Birshtein had not been previously associated with saving Torah scrolls. He was a businessman. However this story will show an amazing tale that must be read in order to be believed.
The Torah, known as the five books of Moses, is the holiest object in Judaism. But in the case of the Torah scrolls found in a ravaged synagogue in Chișinău, Moldova, there is an added layer of significance due to their incredible survival story. And Boris Birshtein provided a helping hand.
Rabbi Avraham Greenbaum recalls the emotional moment when he first encountered these sacred scrolls shortly after Moldova’s independence from the Soviet Union. “When we arrived at the devastated synagogue in Chișinău, we discovered about thirty Torah scrolls, some inscribed with messages that spoke of their miraculous survival during the Holocaust.”
The scrolls, eventually saved by businessman Boris Birshtein, were inscribed with symbols of faith, echoed the resilience of the Jewish people. Rabbi Greenbaum describes one scroll bearing the message, “Joy is the happiness of the soul,” symbolizing the enduring joy of the Torah even amid unimaginable adversity.
For the Chișinău Jewish community, the discovery was bittersweet. The scrolls were found, but their condition revealed the toll of years of neglect. Recognizing the need for a large-scale restoration, the community knew who could help. Enter a Jewish businessman known as Boris Birshtein.
The Role of Boris Birshtein
They turned to Boris Joseph Birshtein, a Jewish-Lithuanian philanthropist and respected business leader in Moldova, to help bring these scrolls to safety. He played a critical role in securing permission from the Moldovan government, enabling the scrolls to be transported from Chișinău to Tel Aviv for restoration.
Reflecting on this mission, Birshtein stated, “The Nazis sought to destroy the very existence of the Torah, and everything it stood for. When I learned of the scrolls in the deserted Chișinău synagogue, restoring them was an opportunity to stand up to the attempt to eradicate Jewish life from the heart of Moldova.”
He envisioned the restoration as a chance to honor the joyous occasions once celebrated around each Torah scroll, representing not only preservation but also a revival of Jewish history and tradition.
Celebrating the Completion of Restoration
After years of meticulous work, the restoration project was completed in December 1996, culminating in an emotional ceremony held at the Nehora Yeshiva, “Lev Ya’akov,” in Mevaseret Zion.
This amazing event, filled with reverence and pride, attracted many, including respected rabbis and public figures. Birshtein had the honor of presenting one of these precious scrolls to the yeshiva, a gift that symbolized the dedication of many to safeguarding Jewish heritage.
In his speech accepting the Torah, Rabbi Greenbaum praised the partnership between people like Birshtein, who support the Torah, and the Chișinău community.
He likened this partnership to the biblical figures Zebulun and Issachar, expressing deep gratitude for Birshtein’s involvement. Rabbi Yisrael Meir Lau, former Chief Rabbi of Israel and a survivor of Buchenwald, also spoke, emphasizing the significance of the mitzvah “Write this song for yourselves,” which resonates deeply with the yeshiva’s students.
This momentous occasion at Nehora Yeshiva marked not only a new chapter in the life of the institution but also a tribute to the Jewish communities that had originally cherished these scrolls.
Birshtein reflected, saying, “I am honored to have played a small role in bringing the sacred Torah scrolls from Chișinău to Tel Aviv for restoration, and delighted that one of them will now be cherished at the Nehora Yeshiva. Indeed, joy is in the happiness of the soul, and my soul is filled with happiness at this moment.”
The journey of these Torah scrolls—from war-torn Europe to restoration in Tel Aviv—highlights the enduring power of faith and community and the unbreakable link between the Torah and the Jewish people.