Gambling has been an incredibly popular pastime in Canada, and new casinos like VulkanVegas Canada are increasingly becoming a popular choice for the same. Ever since first settlers came here, gambling has largely been a part of life for Canadians. This same zeal was respected by the legislation of the country as it has provided complete freedom in the gambling sphere to the citizens. Thus there has been a significant growth of related avenues in the country. There are many brick and mortar based operators, and new online platforms like Vulkan Vegas are making it easier to place bets.
Gambling in Canada is old as the great country in itself. It can be traced back to the natives who used sticks for placing bets. They would also place bets on the unborn child being a boy or a girl. Around the 1490s, playing cards were introduced in Canada, and gambling got a new definition. There on new games like Dice, Barbotte, and Roulette have kept increasing the boundaries of the gambling arena.
Although it was never controlled, the gambling activity got promoted to the status of the industry, and certain regulations were adopted around 1895. The laws were regularly revised to make them player-friendly. Somewhere around the 1970s, the country decided to give the freedom of legislation in this sphere to the provinces. As of 2020, 50 years after that historic decision, the laws are mostly oriented around gamblers. They have complete freedom to play at any casino, and the state intervenes only if there is a breach of law.
The industry is regulated by the Canadian Gaming Commission. The body not only formulates the law, but it also offers critical insight, helps the entrepreneur, and steps in to protect the players at opportune times. In order to keep the information updated and the stakeholders aware, the body holds regular meetings and organizes press conferences.
A major study was conducted somewhere around 2010, and it revealed that around 68% of Canadians engaged in gambling. While most of them played only once, around 30% of them accepted being a frequent player. The number of players has grown in recent years. Some of the latest surveys have revealed that around 78% of citizens of the country now play some sort of betting game. This included both offline players as well as online gamblers.
Although there are no bars on players, they are still advised to check the policy of their provider. Normally gamblers from Canada can play at any international platform. This has led to a very sharp growth in the number of providers in the country. They provide online services related to Poker, Slots, Baccarat, Roulette, and many other casino options.
Since the industry has well-defined norms and is being constantly guided by the government itself, there is no legal bar regarding any kind of withdrawal or deposits. Most of the providers accept payments in international currencies, including Canadian Dollars. Considering the sharp rise of cryptocurrencies, many providers have made it possible to make a transaction using this option.
The tax payable on your casino earning depends on two major things: Your local laws and your place of residence. It is advisable to check the laws before betting as they vary from province to province.
Online Casinos have silently brought a revolution in the sphere of gambling. Gone are the days when people would have to go to any brick and mortar based arcade or casino to play a fruit machine or bet in a game of cards.
Modern-day betting is majorly enjoyed online. This is mainly because of two reasons. Firstly, these casinos are accessible globally. It doesn’t matter whether you are in Alaska or living in some remote parts of Africa. You don’t have to fly to Vegas to play a quality betting game.
Secondly, while the brick and mortar casinos had a very limited collection of the games, online versions have breached that limit. Now, most of these platforms offer an incredible compilation of games that can sometimes even run in 4 digits. Further, they can be accessed anytime and anywhere, just with the help of a smartphone. All the players need is a good internet connection. This is a major reason for their growing success.
If you are a Canadian, then choosing a qualitative online casino would not be tough for you. There are many proficient casinos like Vulkan Vegas that offer their services. In order to choose a platform, the users need to make sure that the deposit and withdrawal policies are suiting their needs. Further, the players should check out the promo offers and bonus codes before making an informed choice.