Online Casinos Expected to Generate CA $3.8bn in 2025

The online gaming industry has become a behemoth worldwide due to several significant factors. There is an increase in e-sports, which is changing gaming from an individual and insular process to a competitive team environment. 

There is also the growth of cloud gaming, where games like PUGB can be streamed rather than downloaded. The traditional bases of PCs, consoles and mobile gaming are still a strong element too. It is estimated that there could be just under 3 million gamers by 2025 alone.

AR and VR Driving iGaming Growth

The sheer accessibility of gaming options drives the surge of online casinos geographically through smartphones and internet coverage. There is also the birth of interactive experiences which are driven by AR (augmented reality) and VR, ensuring content is delivered in the style that captures more attention and users. This works particularly well for live dealers and chat in casino rooms.

The new methods of delivery also engage different audiences with the likes of YouTube, TikTok and Instagram being used to spread the gaming gospel alongside traditional search engines.

Online Casinos Will More Than Double Revenue by 2032

Online casinos are the digital equivalent of a brick-and-mortar venue.  Ultimately, the global online casino market is expected to expand annually at around 12.5% from 2024 to 2032. Global online casino market revenue was evaluated at nearly $17 billion in 2023, and this is expected to more than double in the next eight years. 

The growth is expected to keep this pace with the expansion and acceptance of cryptocurrencies, especially in the United States, where President Trump aims to make it one of the main crypto centres on the planet.

One of the core reasons that crypto and blockchain technology are important is that they give that extra security by protecting confidential personal and financial data. There is transparency where it is needed though, in that every win, loss and transaction is recorded on a public ledger.

The continuation and updating of regulatory laws across countries to ensure players have security, access and peace of mind will undoubtedly assist.

One of the big growth areas of online casinos lies just across the way from the U.S. Canada does not want to become the 51st state because it is doing well on its own two feet, especially in iGaming. The market is very tightly regulated in some Canadian provinces and the expansion of online casinos over the last decade has been particularly momentous, the top 6 online real money casinos in Canada all attract plenty of new players on a daily basis while also adding new games to their growing catalogue. 

Regulations In Place For Canadian Online Casinos

Online casinos have become a very reliable source of revenue across Canadian provinces. In most regions, gambling activities are regulated by provincial governments, but these vary from area to area and operate within a complex legal framework. 

Ontario led the way in the validation of online betting and casinos, legalizing sports betting and casino games in April 2022 and ensuring that licensed online casinos pay taxes on their revenues. Ontario offers the most structured approach with over 70 live operators in 2025.

Most players in the states of Alberta and British Columbia prefer to play on offshore foreign casinos. However, although those regions allow the public to play, it is best for the player to choose a reputable operator with the required licenses.

In some ways, the country is an unregulated market apart from Ontario, especially in relation to the rest of the world. U.S. gambling laws are now beginning to sweep across different states after the relaxation of much more stringent legislation in 2018, although in some states it is still illegal. 

In the United Kingdom, there is a specific body that has some of the tightest laws in respect of the online casino market. Online gambling is becoming increasingly popular with the Chinese as more internet cafes open up.

The growth of online casinos has become reflective of the overall expectations of modern leisure. It is something that is convenient and opens up a whole range of games that can be customised with the content coming to the tool of the user’s choice. The physicality of the casino has been somewhat replaced by the sociability of playing digitally. 

Canada is a case in point. It is a success story for the economy too as the influx of dollars from the industry helps fund important life-changing industries like education and healthcare. In Ontario, there’s even an initiative that collects money directly from the iGaming pot to fund local services. 

Gambling’s heat map is rising across countries and continents and online casinos are a big part of that. There are different jurisdictions and rules, but the general trend is unstoppable as the surge continues.