The Economic Impact of Online Poker on Canada’s Gambling Industry

Canada’s online gambling market pulled in $2.64 billion in 2021, with nearly half of that coming from online formats. That figure grew to $3.1 billion by the end of 2023, reflecting the industry’s steady expansion. Meanwhile, offshore sites rake in over $4 billion annually from Canadian players, highlighting the significant outflow of gambling revenue to unregulated platforms.

In Ontario alone, online poker generated $11.7 million in revenue in the first quarter of 2024. Across the country, wagers on online poker exceed $100 million annually, a small slice of Canada’s total gambling market, which surpasses $12.5 billion each year.

Ontario’s regulated system has successfully retained over 85% of its players on locally licensed platforms, setting a precedent for other provinces. As a result, many regions are now considering similar regulatory approaches to keep tax revenues within Canada while ensuring a safer gambling environment for players.

The Role of Tournaments in Driving Revenue

Large-scale poker tournaments have played a pivotal role in shaping Canada’s gambling economy, generating millions in prize pools and boosting tourism. The World Series of Poker (WSOP) Circuit event in Toronto drew over 5,000 entries and awarded more than $5.5 million in 2024, further cementing poker’s economic influence. Similarly, the annual World Poker Tour (WPT) in Montreal attracts both local and international players, significantly benefiting casinos and the hospitality industry.

Online poker in Canada continues to grow steadily amid these live tournaments. Online platforms host major events with guaranteed prize pools that attract thousands of players. This dual presence of live and online tournaments reinforces poker’s financial impact on Canada’s gambling sector.

Employment and Industry Development

The expansion of online gambling has led to the creation of approximately 7,000 new jobs in 2023. From game developers and cybersecurity experts to customer support teams and marketing professionals, the industry has fostered employment growth across various sectors.

Additionally, investment in Canadian gaming studios such as Old Skool Studios, Zartek, and Pear Fiction has surged. These companies play a crucial role in developing innovative gaming content, ensuring a steady influx of new titles that keep players engaged while keeping revenue within Canada’s economy.

Beyond direct employment, gambling revenues support social programs. British Columbia, for instance, allocates $140 million annually from gambling revenues to fund community projects. Other provinces have implemented similar initiatives, demonstrating the broad societal benefits
of the industry beyond casino profits. Other provinces have varied approaches for distributing these funds.

Legal Framework and Consumer Trends

Ontario remains a leader in online poker regulation, with iGaming Ontario overseeing operations and maintaining strict compliance measures. The province saw $14 billion in wagers from 920,000 registered players in early 2023, growing to $17.2 billion by the year’s end, generating $658 million in revenue.

Nationwide, about 30% of adults are registered on at least one online betting site, with a demographic skew toward players aged 30 to 50 years old. Men account for 56% of users, reflecting a gender-based trend in online poker engagement.

With the growing acceptance of online gambling, provincial governments are increasingly considering regulatory frameworks to provide safer, locally governed alternatives to offshore platforms. Esports betting is also gaining traction, with expectations that it will become a significant market segment by 2025.

Mobile and High-Tech Gaming Expansion

The shift towards mobile gaming has redefined player behavior. More gamblers now prefer smartphones over desktops, prompting online casinos and poker sites to optimize their mobile platforms for seamless accessibility.

Artificial intelligence has been incorporated into several aspects of online gambling, such as personalized game recommendations and automated customer support. Additionally, blockchain technology has improved transactional security and payout speeds, ensuring greater transparency for players.

Looking ahead, virtual reality (VR) and augmented reality (AR) are expected to play a more prominent role in online gambling, creating immersive experiences that simulate real-world casino environments. These advancements will likely drive further engagement and attract a younger demographic of tech-savvy players.

The Economic Challenges and Future Prospects

Despite its growth, Canada’s online poker industry faces key challenges, particularly regarding offshore gambling competition and regulatory discrepancies across provinces. Offshore operators continue to attract Canadian players, diverting potential tax revenue away from local
governments. Addressing this issue through a nationwide regulatory approach could help Canada maximize the economic benefits of online poker.

Additionally, the gambling industry’s relationship with responsible gaming initiatives will be crucial in ensuring sustainable growth. With the rise in problem gambling awareness, implementing more robust player protection measures and responsible gaming campaigns will be essential.

The future of online poker in Canada looks promising. As more provinces explore regulatory frameworks, the industry is poised for further expansion, bringing new jobs, increased tax revenues, and enhanced consumer protections. Continued technological innovation and tournament expansion will further solidify Canada’s position as a significant player in the global online poker market.

Conclusion

Online poker plays an integral role in Canada’s gambling industry, contributing millions in revenue, job creation, and technological advancements. With Ontario leading the way in regulation, other provinces are likely to follow suit, fostering a safer and more profitable gaming environment.

However, addressing offshore gambling competition and strengthening responsible gaming measures will be crucial in maintaining industry stability. As mobile gaming, AI, and blockchain continue to evolve, the online poker market will remain a key economic driver in Canada’s gambling sector for years to come.

By fostering regulatory expansion, technological innovation, and responsible gaming practices, Canada can ensure the continued success of its online poker industry, keeping revenue within national borders while offering a secure and engaging experience for players.

Todayville Content Team

www.todayville.com/

Todayville Content Team works with a wide variety of clients to develop compelling content solutions. Our experienced team develops strategic campaigns that use video and storytelling, digital advertising and social media to help our clients position and distinguish themselves in the market.

Follow Author

Carney’s Floor-Crossing Campaign. A Media-Staged Bid for Majority Rule That Erodes Democracy While Beijing Hovers

Alberta / 2 months ago

Alberta taxpayers should know how much their municipal governments spend

Also Interesting / 4 months ago

Moving your business? Choose Toronto’s fast and reliable commercial movers

Alberta

From Underdog to Top Broodmare

Published on November 28, 2025

Todayville

WATCH From Underdog to Top Broodmare (video)

Executive Producers Jeff Robillard (Horse Racing Alberta) and Mike Little (Shinelight Entertainment)

What began as an underdog story became a legacy of excellence. Crackers Hot Shot didn’t just race — she paved the way for future generations, and in doing so became one of the most influential producers the province has known.

The extraordinary journey of Crackers Hot Shot — once overlooked, now revered — stands as one of Alberta’s finest success stories in harness racing and breeding.

Born in humble circumstances and initially considered rough around the edges, Crackers Hot Shot overcame long odds to carve out a career that would forever impact the province’s racing industry. From a “wild, unhandled filly” to Alberta’s “Horse of the Year” in 2013, to producing foals who carry her spirit and fortitude into future generations.

Her influence ripples through Alberta’s racing and breeding landscape: from how young stock are prepared, to the aspirations of local breeders who now look to “the mare that did it” as proof that world-class talent can emerge from Alberta’s paddocks.

“Crackers Hot Shot, she had a tough start. She wasn’t much to look at when we first got her” — Rod Starkewski

“Crackers Hot Shot was left on her own – Carl Archibald heard us talking, he said ‘I’ll go get her – I live by there’. I think it took him 3 days to dig her out of the snow. She was completely wild – then we just started working on her. She really needed some humans to work with her – and get to know that people are not scary.” — Jackie Starkewski

“Crackers Hot Shot would be one of the top broodmares in Albeta percentage wise if nothing else. Her foals hit the track – they’re looking for the winners circle every time.” — Connie Kolthammer

Visit thehorses.com to learn more about Alberta’s Horse Racing industry.

Also Interesting

Historic Return: NHL Confirms Player Participation in 2026 Winter Olympics

Published on November 16, 2025

Duane Rolheiser

The NHL has officially confirmed the inclusion of its players in the 2026 Winter Olympics in Milan-Cortina, Italy, following a 12-year absence that left the fans craving the excitement of the real best-on-best international hockey. The announcement is a historical event, as it goes back to the Olympic arena where the hockey powerhouse nations of the world will eventually be faced with their complete NHL prowess.

The ruling has not only shaken the hockey fraternity but also the sports fraternity at large, as it has generated early predictions, betting debates, and revived rivalries. Also, such large websites as GGBet, where many fans place their bets, have also been on the lookout, offering odds and analysis on which country will win gold.

A Long-Awaited Comeback

Since the 2014 Olympics in Sochi, NHL players have not been given the chance to play in the Olympics. The spectators have since witnessed world championships that, even though competitive, did not have the superstar appeal of Olympic hockey. This decision of the league in selecting the players to Milan-Cortina is a recreation of the desires of the NHL and the international arena to become one again.

The 2026 tournament will be the one offering the excitement, talent, and passion that will be fitting among NHL players. These legends, such as Sidney Crosby, Connor McDavid, Auston Matthews, and Leon Draisaitl, could play with young players like Jack Hughes and Tim Stützle – that sort of experience and youth.

The Tournament Breakdown

The event in hockey will take place between 11 and 22 February 2026, and the team count will be 12, which will be divided into three groups:

● A: Canada, Switzerland, Czechia, France.
● B: Italy, Finland, Sweden, Slovakia.
● C: Latvia, Denmark, the US, Germany.

The teams will be playing three pre-elimination games followed by play-off, which will lead to the final match, and a gold medal will be given on February 22.

Slovakia is going to play against Finland, and Sweden against Italy. Team USA starts playing on February 12, and Team Canada plays against Czechia. The matches would all be at either the Santagiulia Ice Hockey Arena or the Rho Ice Hockey Arena, both in Milan.

Why This Moment Matters

It is not only entertainment but a legacy that the NHL has gone back to the Olympics. To the league, it reestablishes itself as the world body in professional hockey. To players, it makes their lifelong dream of playing in the national team a reality in the biggest sporting arena. And to fans, it revives the magic that made such moments as Crosby scoring his Golden Goal in Vancouver 2010 unforgettable.

Nevertheless, beyond the ice, such a move will make the NHL more global and strengthen the new generation of sportsmen. The Games of 2026 are expected to achieve a huge global following, whereby fans in North America, Europe, and other continents will be reached.

Looking Ahead

As the opening of February 2026 approaches, the teams are plotting, investigating, and preparing to contest a tournament that numerous people are calling the most competitive Olympic hockey tournament to date. The already existing dream is Canada vs. USA, Finland vs. Sweden, and national pride will clash against the NHL-type talent.

Final Thoughts

It is not a sports story, but a cultural phenomenon because NHL players are returning to the 2026 Winter Olympics. It is an embodiment of unity, excellence, and the unadulterated affection of hockey. The fans all around the world are eagerly awaiting the days when the puck will drop in Milan and they will be watching a show that has been 12 years in the making.

The tournament will not be remembered for the successive gold medals, but rather for the first face-off to the final gold medal celebration. It can be either your country that wins; it could be just watching the magic, but in any case, one thing is certain: the Olympics are back, and the game has never been this alive.