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The gambling industry is no longer a new concept, and it is steadily continuing to gain momentum. The same goes for the adoption of laws and regulations, based on which the bans that were imposed on casinos in some dominant regions are being relaxed, and in those where it was absent at all, it is slowly starting to be introduced at the level of the Government.
For a clearer view, let’s compare the legislative peculiarities concerning gambling payouts and taxations of the UK, Canada, and the USA.
Gambling Laws and Legislation in Canada
Today, the population in Canada is about 38.25 million. What’s more notable is that according to CCHS–GAM RR, almost 64.5% (two-thirds) of them aged 15 or older are somehow involved in gambling. Thus, overall, there are almost 19.3 million active players in the country as of today. Thanks to such a number of gamblers, Canada even got 8th place in the ranking of online gambling worldwide.
But is gambling completely legal in the country? It may be a surprise for many of you, but by law, slot machines and casinos are illegal in Canada. The Criminal Code of Canada (The Federal Criminal Code) bans online and land-based gambling.
Moreover, each province comes with its own laws and regulations in this area of activity.
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