The Growth of Social Casinos in Canada: Here’s What You Need to Know

Online casinos have been a major industry for a long time. As the laws for online gaming evolve, players move towards new trends. One of the hottest trends in Canada is social casinos. What are social casinos and why are they gaining traction? Keep reading to find out where this intriguing industry is heading.

A social casino is one that does not involve playing for real money. Traditional online casinos allow you to make deposits and to wager your hard-earned cash directly on the platform. On the other hand, social casinos involve playing for digital currency that can be redeemed for contest vouchers or entries, as well as cash-equivalents.

Because of regulations across North America, traditional online casinos are not available in some jurisdictions. Social casinos can offer people living in those areas a good alternative.

There are two major differences between social casinos and real-money online casinos. The first is obvious: no real money at social casinos. Players don’t need to make a deposit to play and won’t have a chance to win much in the way of real money. Still, that means access to thousands of games for free.

The second difference is in regulation. Real-money casinos fall under stringent regulations. Because social casinos fall under lottery regulations, they are more widely available. For operators, that can make all the difference in the world. Social casinos are much easier to get started than their counterparts, too.

Social casinos are gaining steam in Canada for a few reasons. For starters, it is because players are looking for less risk when they play. Since no real money is involved, players don’t have to worry about suffering huge losses. The stakes can be a lot lower at social casinos. They also often require less hassle in terms of signing up.

Close relationship between Canada and USA in gaming trends

Gaming trends in the United States and Canada are quite closely related. There has been more of a push lately in the virtual gaming industry. The numbers don’t lie: the social casino market is expected to grow by 23% per year and is expected to be worth more than $36 million by 2027.

Digital currencies, in general, have been growing in popularity. With the rise of cryptocurrencies, players see a similarity in the tokens offered by social casinos. Combined with free access to games and extended playtime, it is easy to see why so many are flocking to social casinos.

Despite them being free-to-play, social casinos are actually licensed for play in Canada. Being licensed adds another layer of safety and reliability for players who are simply looking for a safe place to play their favorite casino games.

Do social casinos have classic casino games?

Though the number of games will vary, most social casinos offer classic casino games. Things like blackjack, slots, poker, roulette, and more are available depending on the social casino in question.

Canadians seeking real money gameplay and those enjoying the social aspects of casino games have different needs, which is why there’s room for both types of casinos. While real-money players are looking for the thrill of winning and the stakes that come with it, social casinos cater to those who want to enjoy the games without the risk of losing money. These casual players can still indulge in their favorite online casino games, enjoying the fun and social interaction without any consequences.