Online casino gambling has become a very lucrative business in Canada. According to www.top5onlinecasino.ca, “$15.3 Billion was spent by customers in the Canadian Gaming Industry as a whole in 2007.” Experts have said this is because Canada has what many consider to be a non-prosecution policy when it comes to gambling. To illustrate this point, nobody in Canada has been charged with a penalty for online casino games, which shows that the Canadian government doesn’t think online gambling is a big deal.
Since the Canadian government hasn’t gone after anybody for playing these games, online casinos are taking advantage of loopholes in Canadian Code of Laws. Canadian law penalizes any gambling activity that falls under certain areas of code, and online casino operators have found a few ways to avoid getting classified under those criminal codes.
Another reason online casinos are thriving in Canada is the gradual legitimization of online casinos that is going on in Canada. For example, Amaya is one of the biggest online casino giants in the world, and the company operates in Canada. Right now, Amaya is implementing a strategy to control the online gambling market.
Amaya started its takeover plans with a $4.9 billion acquisition online casino company Rational Group’s assets in August 2014.  Those assets include highly popular and successful online poker sitesFull Tilt and PokerStars
Industry experts believe the development of Amaya was a big step forward to build its various platforms. This development also precipitated the company’s inclusion in the Toronto Stock Exchange. Industry insiders also point to Canada backing Amaya’s pension investment fund as proof online casino gambling’s legitimacy in Canada.
Once it is fully legitimized in Canada, Amaya plans on expanding to the United States, and it is most likely going to use its Poker Stars brand to do so in New Jersey, which legalized online gambling in 2013.
The legitimization of online gambling in Canada is already paying dividends because online casinos have started accepting players from Canada, which was something they didn’t do a few years ago.