In spite of the fact that the USA and Canada are closer than perhaps any other nation, there are a variety of ways in which they differ. One of the most notable of these areas is gambling, with both having different ideas on how gambling should be dealt with.
Moreover, knowing the differences between how the USA and Canada regulate gambling can give you invaluable insight into the industry, and it might just dictate your future decisions when it comes to online gambling. Let’s jump straight into it and talk about how the USA and Canada differ when it comes to gambling.
Different Laws & Regulations
Gambling regulations for USA and Canada differ drastically depending on which area you are focusing on, but perhaps the largest discrepancy between the two is that Canada outright bans online casinos from being hosted within its borders.
That’s right; hosting online casinos are technically illegal in Canada, and if you ever had hopes of one day starting your own establishment in the nation of mooses and wilderness, then you were sorely mistaken. However, this does not mean that you cannot play at online casinos if you happen to live in Canada. Playing at an online casino in Canada is completely legal, and there are hundreds of thousands of Canadian players who choose to do just that.
Hosting an online casino is perfectly fine in the USA (something which is great news for Canadians who can only access USA casinos), and the laws regarding online casinos are in general much less strict.
Everything Is Bigger In The USA, Including Taxes
The legality of gambling in Canada can get quite complex. However, one thing that is incredibly simple to understand is that they do not tax users of online casinos and other online gambling establishments. This is in stark contrast to the USA (which has a whopping twenty-five percent tax on all gambling transactions), meaning that any winnings are immediately quartered. Still, there are plenty of people who still enjoy the entertainment of gambling, and for them it does not seem like such a big issue.
This is one of the few differences that actually works in Canada’s favour, and we have no doubt that many Americans wish that this rule applied to them. Nevertheless; Canada’s decision to not tax online gamblers is undoubtedly going to make many of its constituents happy, and this is often one of the most shocking facts about how gambling works in Canada.
So, were you surprised at just how much the USA and Canada differ when it comes to gambling laws and regulations? If so, you are certainly not on your own.
Few people know that Canada is more progressive than the USA in terms of gambling freedom, and whilst Canada does have stricter rules (and not to mention, completely outlaws any online casinos being hosted within Canada), this is undoubtedly a good thing, and this means that Canadian people can in general gave a much better gambling experience overall.As an Amazon Associate, Icy Canada earns from qualifying purchases.