Canada’s largest city sees a new multi-billion dollar development.
The new Development proposed for downtown Toronto will consist of residential and office concept plus a casino and it will include two of the tallest skyscrapers. Although this is still in the planning stage, it shows how popular a gambling complex is in the landmark developing located in a high profile location.
In Canada about 70% of the population engages in some form of gambling, lotteries ad sports betting is very popular but casino gambling is widely enjoyed all over the country.
This new development will add total number of land based casinos to close to the 70 mark. Although land based casinos are very popular the growing online casino market is fast overtaking the land based casinos.
According to Lucky Nugget by the year 2017 it is predicted that the global gaming market will exceed more than $100 billion. Lucky Nugget offers a wide variety of games which include blackjack, poker, roulette and slots, and they are also capitalizing on the mobile gaming market which is expanding at a fast rate monthly. On this single sector alone over the next five years it’s expected to reach the $100 billion mark.
Online casinos have been criticized because it is said to take business from land based casino’s, however, in actuality, they both complement each other with benefits for both.
Online gambling gives new players the opportunity to get to know how to play casino games and learn about the ins and outs before they go to the land based casinos. Often land based casinos are intimidating for new players especially women, and using the online casinos players can hone their skills before trying the higher stakes at the land based casinos.
Another plus point to online casinos, is that land based casinos are often not easily accessible to all players in a large country like Canada therefore online casinos offer gaming lovers an alternative to enjoy casino games. Online is also enjoyed by those who do not have the time to visit land based casinos and that the games are available whenever they have a wish to play.