The Factors Behind Canadian iGaming Growth This rapid growth shows just how quickly this industry is expanding, thanks to its convenience and accessibility for players everywhere. Video games are predicted to grow at a rate of 9.17% in Canada, reaching US$1.5 billion by the end of this year (2022) and US$2.13 billion by 2026. According to reports, approximately half of the annual revenue of Canadian online casinos comes from mobile devices.
Online gambling has become increasingly popular in recent years, both in Canada and around the world. The Numbers Behind the Growth of Online Gambling in Canada Naturally, with the growth of this industry being at an exponential rate, there are a number of reasons why the iGaming industry is set to continue to boom. And experts predict that by 2023, the market volume will reach approximately US$2.13 billion. Reports have estimated that in 2021, the Canadian mobile gaming industry earned over $643 million in revenue. More and more people are turning to online gambling in Canada, and the numbers show that this trend is only increasing.