Is 2025 a Good Time for Canadians to Invest in the Gambling Industry?
Updated Jan 9, 2025
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Is 2025 a Good Time for Canadians to Invest in the Gambling Industry?
Is 2025 a Good Time for Canadians to Invest in the Gambling Industry?
There’s a saying in the world of stocks that the best time to invest was yesterday and the second-best time to invest is today. In terms of the Canadian gambling industry that saying couldn’t be truer.
At risk of answering the question in the title within just a couple of sentences, 2025 is a good time to invest in the Canadian gambling industry, but the best time to invest is right now.
In the remainder of this article we’ll explore in depth just why the Canadian gambling industry is such a good investment opportunity to leave you in no doubt as to what new additions you need to make to your portfolio.
2024: The Best Time to Invest
2024: The Best Time to Invest
The previous 12 months have been phenomenal for Canadian gambling. Not only have we seen a resurgence in land-based casinos that are fighting to wrestle back control from the online sector, but we have seen a number of changes that have strengthened the domestic online sector.
In addition to this, legislative changes in 2024 have paved the way for real money online casinos based in Canada to operate legally. There has been a surge in the number of operators so Jemma McColgan, who has 29+ years of experience within the industry, has compared the key features of 75+ casinos across 10 provinces for casino.org, highlighting the scale and success of the industry.
Alberta for instance, looks set to embrace both online and offline sports betting in the first half of 2025. So if you were savvy and ahead of the curve, 2024 would have been the best time to invest, when everyone else was caught on their heels.
Whilst the moves made in the past 12 months have made stocks in the industry more expensive, that doesn’t mean that growth is capped. If you invest now, there is still a hell of a lot of scope for long-term profits.
The Main Growth Areas
The Main Growth Areas
Investing in Canadian gambling isn’t as simple as buying stocks in the first company that you see. Whilst most all areas of the industry are predicted to grow in the coming years, some will perform better than others.
The two key areas within the industry that will be most likely to bring in the highest returns are:
Online Casinos
Up until quite recently the majority of Canadian gambling lovers wagered online with overseas providers – mainly those from the United Kingdom. This was due to legislation that either directly banned online casinos from operating in a province or restricted online gambling to a small selection of state-sanctioned sites.
The dial is however turning on online casino legislation in Canada and we are seeing more and more provinces legalise domestic companies. Now is the time to do your research on Canadian online casino companies and back your winners.
Sports Wagering
Traditionally in North America, we have fallen behind other countries and continents when it comes to the sports betting industry. Again though, things are changing, with Alberta earmarked as the first province in 2025 to legalise all forms of sports betting.
South of the border, many states followed the example set by New Jersey when it came to legalizing sports wagering, so expect to see the same thing here in Canada and get ahead of the curve by investing in the companies making moves in this sector.
Words of Caution
Words of Caution
If you have ever invested before you will be well aware that success is never a straight line. You won’t be able to buy stocks in an online casino company, forget about them for five years and then pick up your profits.
Instead, you’ll need to be aware of two large dangers when it comes to the Canadian gambling market, which are:
Competition: A quick Google search of ‘online casinos in Canada’ will give you some idea as to how saturated the market is. For every company that does well there are 10 or 20 that go bust before they ever see a customer.
To avoid backing a company like this you are going to need to do your research and regularly review your investments as a well-run company today might not be on tomorrow.
Legislation: The cogs of the law turn slowly and can at times be confusing. In terms of investment this could be a barrier to your profits if you’re not fully versed in the latest legal frameworks. Before investing in a company, check what they can and can’t do in their current province and read up on future legislative changes that could help or hinder the company in the future.
Final Thoughts
Final Thoughts
Online gambling has been thriving around the world for the better part of a decade. If you’re left in any doubt about that, take some time to analyse the revenues and profits of the online sector in the United Kingdom.
Which means we can safely say that the industry will be a success here in Canada, so don’t delay, invest today!