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Canada Casino Market

ID: MRFR/ICT/44292-HCR
200 Pages
Garvit Vyas
October 2025

Canada Casino Market Research Report: By Casino Type (Land-Based Casino Gaming, Online Casino Gaming) and By Casino End User (Gambling Enthusiasts, Dabblers, Lottery Loyalists, Unengaged Audience) - Forecast to 2035.

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Canada Casino Market Infographic
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Canada Casino Market Summary

As per MRFR analysis, the Canada casino market Size was estimated at 14.0 USD Billion in 2024. The Canada casino market is projected to grow from 14.96 USD Billion in 2025 to 29.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.84% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Canada casino market is experiencing a dynamic shift towards digitalization and diversification.

  • Digital gaming expansion is reshaping the landscape of the Canada casino market, with online platforms gaining traction.
  • The largest segment remains traditional land-based casinos, while the fastest-growing segment is online gaming, reflecting changing consumer preferences.
  • The evolving regulatory landscape is prompting casinos to adapt their operations to comply with new laws and regulations.
  • Technological advancements in gaming and increased tourism and entertainment demand are driving growth in the market.

Market Size & Forecast

2024 Market Size 14.0 (USD Billion)
2035 Market Size 29.0 (USD Billion)
CAGR (2025 - 2035) 6.84%

Major Players

Las Vegas Sands (US), MGM Resorts International (US), Caesars Entertainment (US), Wynn Resorts (US), Galaxy Entertainment Group (HK), SJM Holdings (HK), Melco Resorts and Entertainment (HK), Boyd Gaming (US)

Canada Casino Market Trends

The casino market in Canada exhibits a dynamic landscape characterized by evolving consumer preferences and regulatory frameworks. As of November 2025, the sector appears to be experiencing a notable shift towards digital platforms, with an increasing number of players opting for online gaming options. This trend is likely influenced by advancements in technology and the growing acceptance of online gambling among the population. Furthermore, the integration of innovative features such as live dealer games and mobile compatibility seems to enhance user engagement, potentially driving revenue growth in this segment. In addition to the digital transformation, the casino market is witnessing a diversification of offerings. Traditional gaming establishments are expanding their services to include entertainment options beyond gambling, such as concerts, dining experiences, and wellness activities. This multifaceted approach may attract a broader audience, including those who may not typically engage in gambling. Moreover, the regulatory environment continues to evolve, with provinces exploring new frameworks to accommodate emerging trends while ensuring responsible gaming practices. Overall, the casino market in Canada appears poised for continued growth, driven by innovation and a focus on customer experience.

Digital Gaming Expansion

The shift towards online platforms is reshaping the casino market. Players increasingly prefer digital options, driven by technological advancements and convenience. This trend suggests a potential for significant revenue growth in the online segment.

Diversification of Offerings

Casino establishments are broadening their services beyond traditional gaming. By incorporating entertainment, dining, and wellness activities, they aim to attract a wider audience, enhancing overall customer experience.

Evolving Regulatory Landscape

The regulatory environment is adapting to accommodate new trends in the casino market. Provinces are exploring frameworks that promote responsible gaming while supporting innovation, indicating a proactive approach to industry changes.

Canada Casino Market Drivers

Regulatory Changes and Compliance

The regulatory environment surrounding the casino market in Canada is undergoing significant changes, which could impact operational dynamics. Recent legislative adjustments aim to modernize gaming regulations, promoting responsible gambling while ensuring fair play. These changes may lead to increased compliance costs for operators, but they also present opportunities for growth by fostering consumer trust. As of 2025, approximately 70% of Canadians support stricter regulations in the gaming sector, indicating a public demand for transparency and accountability. This evolving regulatory landscape may compel casinos to enhance their operational practices, ultimately benefiting the overall integrity of the casino market.

Technological Advancements in Gaming

The casino market in Canada is experiencing a notable transformation due to rapid technological advancements. Innovations such as virtual reality (VR) and augmented reality (AR) are enhancing the gaming experience, attracting a younger demographic. Furthermore, the integration of mobile gaming applications is facilitating access to casino games, with approximately 45% of players engaging through mobile devices. This shift towards technology-driven solutions is likely to bolster revenue streams within the casino market, as operators invest in state-of-the-art gaming systems to remain competitive. The increasing reliance on technology not only improves user engagement but also streamlines operations, potentially leading to higher profit margins for casino operators.

Economic Factors and Consumer Spending

Economic conditions play a crucial role in shaping the casino market in Canada. Fluctuations in disposable income and consumer spending patterns directly influence gaming revenues. In 2025, the Canadian economy is projected to grow by 2.5%, which may lead to increased discretionary spending among consumers. This economic growth could result in higher attendance rates at casinos, as individuals are more likely to engage in leisure activities when financial conditions are favorable. Additionally, the casino market may benefit from targeted marketing strategies aimed at affluent consumers, potentially increasing overall profitability. Understanding these economic factors is essential for operators seeking to navigate the complexities of the casino market.

Increased Tourism and Entertainment Demand

Tourism plays a pivotal role in the casino market in Canada, with cities like Las Vegas and Niagara Falls drawing millions of visitors annually. The influx of tourists contributes significantly to casino revenues, as visitors often seek entertainment options, including gaming. In 2024, tourism-related spending in Canada was estimated at $105 billion, with a substantial portion allocated to entertainment and gaming. This trend suggests that as tourism continues to rise, the casino market may experience enhanced growth opportunities. The synergy between tourism and the casino industry is likely to create a vibrant ecosystem, fostering further investment in casino facilities and services.

Changing Demographics and Consumer Preferences

The demographic landscape in Canada is evolving, influencing the casino market. Younger generations, particularly millennials and Gen Z, are showing a preference for interactive and immersive gaming experiences. This shift in consumer preferences is prompting casinos to adapt their offerings, incorporating skill-based games and social gaming elements. As of 2025, approximately 60% of casino patrons are under the age of 40, indicating a significant shift in the target audience. This demographic change may compel operators to innovate and diversify their gaming options to cater to the evolving tastes of younger players, thereby enhancing their market position within the casino market.

Market Segment Insights

Casino Market Casino Type Insights

The Canada Casino Market exhibits a diverse landscape shaped by its segmentation, particularly within the Casino Type category. This segment is primarily dominated by two key areas: Land-Based Casino Gaming and Online Casino Gaming. Land-based casinos continue to play a vital role in the Canadian gaming scene, providing not only traditional gaming experiences but also a vibrant social atmosphere that attracts millions of visitors each year. These establishments are often located in major cities, enabling easy access for both tourists and local residents, significantly contributing to the Canada Casino Market revenue.

On the other hand, online casino gaming has been rapidly gaining traction, driven by advancements in technology and the increasing popularity of mobile gaming. This segment benefits from the convenience of at-home play and has seen a surge in participation due to the development of secure payment methods and engaging user experiences. Together, these segments illustrate the evolution of gaming preferences among Canadians and highlight a shift towards more flexible and diverse options.

The gradual acceptance of online gaming is juxtaposed with the traditional allure of physical casinos, creating a unique blend of experiences that cater to different demographics and preferences. As such, the Canada Casino Market segmentation captures critical trends with potential growth opportunities. The rise of online platforms represents not only a response to changing consumer behavior but also opportunities for further regulatory advancements. Moreover, the Canadian Casino industry aligns growth strategies with national regulatory frameworks, ensuring a safe and responsible gaming environment.

This outlook highlights a balanced interplay between maintaining traditional gaming culture while adapting to modern demand and establishing a multifaceted Casino Type segment that underpins the broader market's stability and potential expansion in the coming years. Overall, the dynamics between Land-Based and Online Casino Gaming present both challenges and opportunities, emphasizing a responsive approach to an ever-evolving consumer landscape in Canada.

Fig 2: Canada Casino Market Insights

Fig 2: Canada Casino Market Insights

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Casino Market Casino End User Insights

The Casino End User segment in the Canada Casino Market is characterized by a diverse array of participant types, contributing to a dynamic gaming environment. Gambling Enthusiasts represent a significant portion of this market, driving revenues through regular participation in various casino activities, therefore playing a crucial role in market growth. Dabblers participate intermittently, typically seeking entertainment rather than serious gambling, which adds to the overall volume of visitors but with less impact on revenue compared to more committed players.

Lottery Loyalists who are dedicated to lottery games contribute to the sector's vitality, showcasing a unique preference that fuels opportunities for targeted marketing strategies. Meanwhile, the Unengaged Audience presents both a challenge and an opportunity; identifying methods to convert this group into active participants can unlock potential growth avenues. Understanding the Canada Casino Market segmentation allows providers to tailor experiences and marketing efforts effectively, ensuring they meet the varied needs of these distinct user groups and capitalize on market trends that point toward continued interest in gaming and entertainment options across the region.

Get more detailed insights about Canada Casino Market

Key Players and Competitive Insights

The casino market in Canada exhibits a dynamic competitive landscape, characterized by a blend of established players and emerging entities. Key growth drivers include technological advancements, evolving consumer preferences, and regulatory changes that favor expansion. Major companies such as Las Vegas Sands (US), MGM Resorts International (US), and Caesars Entertainment (US) are strategically positioned to leverage these trends. Las Vegas Sands (US) focuses on innovation through its integrated resort model, which combines gaming with luxury accommodations and entertainment. MGM Resorts International (US) emphasizes regional expansion and digital transformation, enhancing customer engagement through mobile platforms. Caesars Entertainment (US) is actively pursuing partnerships to diversify its offerings, thereby shaping a competitive environment that is increasingly reliant on customer experience and technological integration.

The business tactics employed by these companies reflect a concerted effort to optimize operations and enhance market presence. The competitive structure of the casino market appears moderately fragmented, with a few dominant players exerting considerable influence. Localizing operations and optimizing supply chains are common strategies, allowing companies to respond swiftly to market demands and regulatory changes. This collective approach fosters a competitive atmosphere where innovation and customer-centric strategies are paramount.

In October 2025, MGM Resorts International (US) announced a strategic partnership with a leading technology firm to enhance its digital gaming platform. This move is significant as it positions MGM to capitalize on the growing trend of online gaming, potentially increasing its market share in the digital space. The partnership aims to integrate advanced analytics and AI-driven solutions, thereby improving customer engagement and operational efficiency.

In September 2025, Caesars Entertainment (US) launched a new loyalty program that incorporates blockchain technology to enhance transparency and security in rewards management. This initiative is noteworthy as it reflects a broader trend towards digitalization within the industry, aiming to attract tech-savvy consumers while fostering brand loyalty. The use of blockchain may also streamline operations, reducing costs associated with traditional loyalty programs.

In August 2025, Las Vegas Sands (US) unveiled plans for a new resort in Toronto, which is expected to feature a state-of-the-art gaming facility alongside luxury accommodations and entertainment options. This expansion is indicative of the company's commitment to regional growth and its strategy to tap into the Canadian market's potential. The investment underscores the importance of physical presence in a market that values experiential offerings.

As of November 2025, current competitive trends in the casino market are heavily influenced by digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to enhance their offerings. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident. Companies that prioritize these elements are likely to differentiate themselves in a crowded market, ensuring long-term success.

Key Companies in the Canada Casino Market market include

Industry Developments

The Canada Casino Market has experienced significant developments recently, particularly with the growth of online gaming and sports betting. DraftKings and FanDuel continue to expand their presence, tapping into the rapidly evolving regulatory landscape to offer more services. In September 2023, Ontario Lottery and Gaming Corporation launched new features that enhance player engagement and responsible gaming initiatives. Rush Street Gaming has also been gaining traction in Ontario, aiming to establish a strong foothold. In terms of mergers and acquisitions, September 2023 saw Kambi Group acquiring a stake in a Canadian gaming operator, marking a notable consolidation trend in the market.

Additionally, Great Canadian Gaming Corporation has been focusing on revitalizing its existing properties amid the challenges posed by the pandemic. Over the past couple of years, increased investments have led companies like Caesars Entertainment and MGM Resorts International to enhance their operations in Canada. Rising market valuations of companies indicate a robust recovery post-COVID-19, with gaming revenues rebounding significantly, thereby bolstering the future growth prospects of the Canadian casino sector.

Future Outlook

Canada Casino Market Future Outlook

The casino market in Canada is projected to grow at a 6.84% CAGR from 2024 to 2035, driven by technological advancements and increased consumer engagement.

New opportunities lie in:

  • Integration of AI-driven customer analytics for personalized gaming experiences.
  • Expansion of mobile gaming platforms to capture younger demographics.
  • Development of eco-friendly casino facilities to attract sustainability-focused patrons.

By 2035, the market is expected to achieve robust growth, positioning itself as a leader in the entertainment sector.

Market Segmentation

Canada Casino Market Type Outlook

  • Land-Based Casino Gaming
  • Online Casino Gaming

Canada Casino Market End User Outlook

  • Gambling Enthusiasts
  • Dabblers
  • Lottery Loyalists
  • Unengaged Audiences

Report Scope

MARKET SIZE 2024 14.0(USD Billion)
MARKET SIZE 2025 14.96(USD Billion)
MARKET SIZE 2035 29.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.84% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Las Vegas Sands (US), MGM Resorts International (US), Caesars Entertainment (US), Wynn Resorts (US), Galaxy Entertainment Group (HK), SJM Holdings (HK), Melco Resorts and Entertainment (HK), Boyd Gaming (US)
Segments Covered Type, End User
Key Market Opportunities Integration of advanced technology enhances customer engagement in the casino market.
Key Market Dynamics Regulatory changes and technological advancements reshape competitive dynamics in the Canadian casino market.
Countries Covered Canada

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FAQs

What is the expected market size of the Canada Casino Market in 2024?

The Canada Casino Market is anticipated to be valued at roughly 24.76 USD Billion in 2024.

What is the projected growth rate for the Canada Casino Market from 2025 to 2035?

The expected compound annual growth rate (CAGR) for the Canada Casino Market from 2025 to 2035 is 4.415%.

How much is the Land-Based Casino Gaming segment valued at in 2024?

The Land-Based Casino Gaming segment is valued at 16.0 USD Billion in 2024.

What will be the value of the Online Casino Gaming segment by 2035?

By 2035, the Online Casino Gaming segment is projected to reach a value of 13.4 USD Billion.

What is the expected market size of the Canada Casino Market in 2035?

By 2035, the overall value of the Canada Casino Market is expected to be 39.83 USD Billion.

What are the key players operating in the Canada Casino Market?

Major players in the Canada Casino Market include DraftKings, Scientific Games, and MGM Resorts International, among others.

What is the market size of the Land-Based Casino Gaming by 2035?

The Land-Based Casino Gaming segment is projected to be valued at 26.43 USD Billion by 2035.

What challenges is the Canada Casino Market currently facing?

The market faces challenges such as regulatory changes and increasing competition in both land-based and online spaces.

What opportunities exist for growth in the Canada Casino Market?

The expansion of online casino gaming and progressive technologies present significant growth opportunities in the market.

How does the Canada Casino Market compare regionally to other North American markets?

The Canada Casino Market shows robust growth, with increasing popularity in online platforms, distinguishing it within the North American landscape.

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