canada

PAYMENT METHODS AND ONLINE CASINOS IN CANADA

Top Casinos and Best Banking Options for Canadian Players

It may come as a surprise to know that Canadians not only love putting maple syrup on everything but also enjoy online gambling very much. The Canadian online casino market is just as competitive as in other parts of the world, which is good news in the sense that players have an excellent choice of high-quality websites to choose from.

If you are looking for the leading online casino brand in the country, you will have to consider several options before you come to a final selection and the options that you do discard will also be good sites, maybe just not the most suitable for your personal gambling preferences. Worry not, as CBM is here to help you dig up the best online Canadian casino along with the most convenient online banking methods for Canadians.

For some, gambling is a nice pastime. For others, a hobby. There are also people who take it to the next level and become regular gamblers, which is also perfectly fine. CBM is here to point out the importance of using proper banking methods while you gamble and also the importance of playing at trusted, licensed sites. Our message is the same for Canadian gamblers. No amount of maple syrup will help if you stray away from trustworthy casinos and secure casino banking methods for Canada. You will not cut out any fun time if you stick to these simple postulates. On the contrary, you will have the best time by playing it safe and at recommended sites.

Gambling is prevalent in Canada among both males and females, and there are plenty of attractive sites to explore. In addition, the online gambling laws in Canada are a lot more relaxed compared to their neighbors, the United States. If you are from Canada, stick around, we can assure you that you will get a decent amount of useful info regarding the Canadian online gambling possibilities.

Best Canadian Online Casinos

Knowledgeable CBM team members have spent hours looking into the selection of casino sites available in Canada. Not because our researchers are idle, but quite the opposite – because they invest hard work into providing you with the proper information about the best online casinos in your area. We want players from Canada to have the same optimal choice as players from other regions we cover on the website. Canada is a big online gambling market, but through applying our stringent rating system, we’ve succeeded in identifying multiple casino sites with the most exciting bonuses, fair and secure operations in place and the most favourable banking possibilities for Canadian virtual gamblers.

  • 4000+ casino games in unique categories
  • 4-layered welcome bonus package
  • Daily cashback offers
Apple Pay logo
AstroPay logo
Bank Transfer logo
Bitcoin Logo

18+ | New Customers Only |

T&C Apply
  • 4000+ casino games
  • Crypto payment methods
  • 3-in-1 welcome bonus
Apple Pay logo
Bank Transfer logo
Binance banking method logo
Bitcoin Logo

18+ | New Customers Only |

T&C Apply
  • Crypto online casino
  • 3-layered welcome bonus
  • VIP loyalty program
Binance banking method logo
Bitcoin Logo
Ethereum logo

18+ | New Customers Only |

T&C Apply
  • Crypto payment methods
  • Multiple welcome bonuses
  • A sportsbook section
AstroPay logo
Bank Transfer logo

18+ | New Customers Only |

T&C Apply
  • Up to 30% cashback
  • VIP loyalty program
  • Mobile app
Bitcoin Logo
CashtoCode logo
Ethereum logo
eZeeWallet oooour
Jeton Logo

18+ | New Customers Only |

T&C Apply
  • Multiple games from different providers
  • 24/7 live chat service
  • Platform made mobile compatible
Apple Pay logo
AstroPay logo
Bank Transfer logo
Binance banking method logo
Bitcoin Logo

18+ | New Customers Only |

T&C Apply
  • PayID Australian Casino
  • Many available languages
  • Local banking methods
Apple Pay logo
AstroPay logo
Bank Transfer logo

18+ | New Customers Only |

T&C Apply
  • 7000+ casino games
  • Sports-betting section
  • 2 types of welcome bonuses
AstroPay logo
Bank Transfer logo

18+ | New Customers Only |

T&C Apply
  • 5000+ casino games in dozens of categories
  • 4-in-1 welcome bonus package
  • VIP program with unique rewards
Apple Pay logo
Bank Transfer logo
Binance banking method logo
Bitcoin Logo

18+ | New Customers Only |

T&C Apply
  • 4000+ casino games and game groups
  • Crypto payment methods included
  • Sports-betting section with virtual sports
AstroPay logo
Bank Transfer logo

18+ | New Customers Only |

T&C Apply

Top Casino Banking Methods in Canada

The combination of available payment methods tells us a lot about the casino. Offering a poor choice of banking solutions is equivalent to treating customers poorly. We want to see casinos offering a variety of payment methods that guarantee fast, safe and secure transfers whether users are depositing or withdrawing. Which online banking options are the most popular and most reliable for Canadian players? Take a look below.

85%
Interac Logo

Review & Best Casinos

  • Best option for Canada
  • Top-notch security
  • Tightly regulated by banks
Read Review
84%
INSTADEBIT logo

Review & Best Casinos

  • Wide array of INSTADEBIT casinos
  • Positive player feedback
  • Excellent customer support team
Read Review
85%
iDebit logo

Review & Best Casinos

  • Amazing security at multiple levels
  • Great option for Canada
  • Highly efficient customer support
Read Review
89%
MuchBetter logo

Review & Best Casinos

  • Available around the globe
  • Designed with iGaming focus
  • Fast deposits & withdrawals
Read Review
80%
Premierpqyymgunomng method logo

Review & Best Casinos

  • Easy and quick transactions
  • Casino deposits & withdrawals
  • Several global currencies
Read Review
92%
Visa Logo

Review & Best Casinos

  • Fast casino transactions
  • Available around the globe
  • 165 supported currencies
Read Review
91%
Mastercard logo

Review & Best Casinos

  • A leading payment solution
  • Maximum security
  • Fast & easy casino transactions
Read Review
90%
Banking Methods Payz

Review & Best Casinos

  • Fast casino payments
  • Available around the globe
  • Designed with iGaming focus
Read Review
89%
Revolut logo

Review & Best Casinos

  • Instant deposits
  • Maximum security
  • Various in-app features
Read Review
89%
Google Pay logo

Review & Best Casinos

  • Fast payment option
  • Safe and secure mode of payment
  • Available on mobile devices
Read Review
88%
Klarna logo

Review & Best Casinos

  • Instant deposits
  • No fees
  • Mobile-friendly banking method
Read Review
88%
Bitpay banking

Review & Best Casinos

  • Easy sign up
  • Intuitive and user-friendly application
  • Debit Crypto Card
Read Review

Laws and Regulations on Online Gambling in Canada?

Regulation icon

Decades ago, gambling was illegal in Canada. With society evolving, the laws change as well. Slowly, a more liberal approach led to laws allowing various forms of gambling in the world’s second-largest country. However, heavy restrictions are applied in the sense that gambling within the borders of Canada is considered legal if managed by the government (either on a federal or provincial level). This general rule applies particularly to land-based casinos and charitable options such as bingo and raffles.

In terms of online gambling, Canadian law doesn’t prohibit the practice of betting on the internet. The service, however, must be licensed or owned by a provincial government. The player is not required to play strictly at domestic sites. Players are free to play at any offshore casino that will accept them.

The Criminal Code of Canada, which is the official codification of criminal acts and procedures in the country, allows provinces to decide on their own how they wish to enforce gambling rules. In Quebec, for example, gambling is regulated under Lotto Quebec. The province administration created the site Espacejeux and made it the only online gaming platform regulated by the Quebec Alcohol, Racing and Gaming Commission.

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It is also worth mentioning that there is another regulatory body within Canada, and that is the Kahnawake Gaming Commission. This regulatory body licenses gambling sites and there are sites considered offshore that have servers located on the native reserve of Kahnawake. Some see this institution as an anomaly, while some still consider it to be a solid regulatory body within the industry as a whole.

The legal framework in Canada concerning gambling online is quite interesting, but more importantly, it is healthy for responsible online gamblers. Winnings from casinos are not taxable unless these activities are seen as a form of employment and Canadian gamers are free to continue playing at a vast selection of international casino sites, which usually surpass local gaming portals in terms of game selection and quality.

Canadian Market Updates

  • January 2022: The Alcohol and Gaming Commission of Ontario (AGCO) released a statement confirming that Ontario is set to launch its legalized iGaming market on 4 April 2022.
  • August 2021: Bill C-218, An Act to amend the Criminal Code (sports betting) (“C-218”) comes into force. Before C-218, the provinces were prohibited from offering single-event sports betting.
  • July 2021: Ontario establishes iGaming Ontario, a subsidiary of the provincial gaming regulator, the Alcohol and Gaming Commission of Ontario.

Are You Required to Pay Taxes on Winnings?

Taxes icon

We are happy to report that Canadian casino players don’t pay taxes on their winnings. The Income Tax Act states that recreational players who play casino games for fun don’t need to pay income tax on the amounts they win.

The exemption applies regardless of the amount you win or whether you won playing in a land-based or online casino. As a matter of fact, all winnings from a game of chance are not taxable. These include bingo, lottery, and slots.

However, there is a catch. If you are a professional gambler, you must declare your profits and pay taxes. The Canadian Revenue Agency (CRA) uses several criteria when deciding if a player is a professional who makes a living from gambling. To check if you qualify as a professional gambler, check the following factors:

  • Is your gambling habit a business-like activity?
  • Are you frequently attending professional tournaments?
  • Is gambling your primary source of income?
  • Are you well-versed in gambling and have advanced skills that reduce the element of chance?
  • Are you attending special courses or consulting experts to improve gaming strategies?
  • Do you have proof of constant profits over a few years or longer?

On the other hand, amateurs can check the following criteria to confirm their gambling is a pastime and profits are tax-free.

  • You don’t live from gambling and have another source of income.
  • You play games sporadically.
  • You don’t win all the time.
  • You gamble for fun, not profit.
  • You play at casinos and don’t attend professional tournaments.
  • You play games of luck and free online games.

However, it’s worth noting that even if you are an amateur player, if you earn interest on winnings, you’ll need to report it. You must fill out a T5 slip (Statement of Investment Income) if you have an interest of $50 or more.

Can Casinos That Accept Canadian Players Be Trusted?

Handshaking icon

As mentioned, gambling activities in Canada are not unregulated. The reformed Criminal Code allows provinces within Canada to regulate and license gambling in their regions. Some of the provincial gaming authorities include Ontario Lottery and Gaming Corporation, Alberta Gaming and Liquor Commission, Saskatchewan Liquor and Gaming Authority, Lotto Quebec and New Brunswick Gaming Control. When not regulated by provincial authorities, Canadian online gambling sites are usually licensed and regulated by the Malta Gambling Authority, the UK Gambling Commission and the Gibraltar Regulatory Authority.

Fair gaming icon

The Kahnawake Gaming Commission is a special gaming regulatory body situated within the Mohawk Territory of Kahnawake in Quebec. There are also some Canadian-friendly websites that are under the control of the Kahnawake Gaming Commission. If you are not sure that a casino site that caught your eye is reliable and trustworthy, always check the bottom of the homepage before registering and especially before making your first deposit.

Take a look at the logo of the authority that issued the license for the site in question and if it corresponds to any of the mentioned regulatory bodies, you can proceed knowing that your gambling activities will remain within a safe, regulated environment provided by a healthy legislation model.

Best Casino Bonuses for Canadian Players

After pairing you up with some of the best online casinos and banking methods in Canada, the next logical step would be to point you in the direction of the best promotions and bonuses you can get after you’ve successfully created an account at the gambling platform of your choice. Casino bonuses come and go, so keeping up with all the current offers is important. With top bonuses being on your repertoire, you can count on winning extra money on your deposits and also adding some fun free spins on your favourite slot machines.

Arlekin

Welcome Package

40x (B+FS Wins)

Ongoing

€20/30 AU$

€10,000

85%

Billy Billion

Welcome Package

40x (D+B+FS Wins)

Ongoing

€20/AU$30

10,000

84%

Casombie

Welcome Package

35x (D+B) 40x (FS Wins)

Ongoing

€20/AU$30

No

83%

Zotabet

Welcome Package

WELCOME

40x (B+FS Wins)

Ongoing

€20/30 AU$

82%

Spinch

Welcome Package

WBSPIN

40x (B+D)

Ongoing

€30/45 AU$

82%

Kryptosino

Welcome Package

Free

Ongoing

€20

82%

Vegaz

Welcome Package

100FIRST

Free

Ongoing

€20

82%

Richard

Welcome Package

40x (B+FS Wins)

Ongoing

€/AU$20

82%

Local Payment Methods to Consider

Canada banking icons

Out of many casino payment options that are available for Canadians, we’d value local options over international banking solutions. Aside from being popular, these methods are also very convenient and easy to use. Interac is one of the safest and most convenient Canadian casino banking options, followed by iDebit/Instadebit. It is noticeable that there is a great variety of instant banking/e-wallet possibilities open for players from Canada. Citadel is also one of the more prevalent payment options among Canadian online gamblers, as it allows users to make direct transfers from their bank accounts and funds their online casino accounts with barely any hassle.

Interac is still the most straightforward and one of the safest Canadian banking options. Since the system is well integrated into all the major Canadian banks, it is extremely easy to use to fund casino balance accounts. Top Canadian online casinos will not make the grand mistake of not offering this Canada-exclusive service within their cashier. Instadebit is an excellent choice for bettors with banking accounts in institutions such as RBC, TD, Scotiabank, BMO and several other credit unions. Boku, although not a native Canadian banking service, it is well-supported by Bell Canada and TELUS Mobility, making it a great mobile payment alternative.

Depositing with CAD Currency

Canadian dollar symbol

The Canadian Dollar is the official currency of Canada and players from Canada would normally like to be able to deposit in their local currency at online casinos, just like they pay with CAD when they shop online. This is very much possible and easy. Paying in foreign currency demands an extra service and the user ends up having to pay exchange rate charges. Why should you do this when you can simply avoid conversion rates by paying in your domestic CAD currency?

Since you agree with us, let us also let you in on a secret – CAD currency is widely accepted at online casinos, even international ones. That being said, don’t worry about finding good online casinos that support CAD. All the top-rated Canadian casinos on the web will accept deposits in Canadian Dollars and pay winnings in the same currency.

Top Land-Based Casinos in Canada

Land-Based Casino icon

Canada is one of the best-known tourist destinations. The second-largest country in the world has plenty to offer, ranging from stunning natural wonders to beautiful cities, ski resorts, and historical sites. And one of the attractions are also numerous world-class casinos. Yes, Canadians enjoy gambling. So if you wish to experience the thrill of casino floors packed with people, game tables, and slot machines, you’ll be spoilt for choice.

The first commercial casino in Canada was opened in 1989 in the capital of Manitoba province, Winnipeg. Then in 1993, Montreal got its land-based casino, and since then, dozens of casinos have been opened in Canada’s ten provinces. To help you decide which one might be worth your time when visiting this country, we picked the top 5 land-based casinos in Canada.

Fallsview Casino Resort

One of the main attractions in Canada are famous Niagara Falls. After enjoying the breathtaking sceneries of the Horseshoe Falls, take your time to head to Fallsview Casino Resort. Located on the cliff that overlooks the falls, this resort is the largest in the country. It offers a luxurious casino with 130+ gaming tables and more than 3,500 slot machines.

The resort has a luxurious hotel, dozens of restaurants and bars, shops, a fitness center, the Avalon Theatre, and an Entertainment Center. The lavishly decorated casino floor is impressive, as three football fields can fit inside. You can play Baccarat, Blackjack, Roulette, Craps, Poker, and spin reels on hundreds of gaming machines. The casino also offers high-limit gambling in three gaming rooms: Salon Privé, High Limit Slots Room, and Sapphire Room.

Casino Niagara

Another crown jewel in Niagara’s impressive array of wonders is Casino Niagara in the heart of the main touristic area. The casino offers a wide range of entertainment in addition to a gaming floor and sportsbook.

The casino floor has 1,400+ slot machines and over 40 gaming tables where you can play Blackjack, Baccarat, Roulette, or Poker. Casino Niagara also has a private Poker Room for those who prefer a more intimate atmosphere. In addition, you can enjoy interactive gaming at LEV2L Sports Bar, a 275-seat restaurant with 50+ HD plasma screens. Also, you can join various tournaments to compete for multiple prizes.

Caesars Windsor

When you hear Caesars Entertainment, you immediately think of the world’s best-known operator of land-based casinos. Hence, Ceasars Windsor deservedly earned its place on our list. The casino has 2,200+ slot machines and 85 table games and is located in Windsor, Ontario.

Slot machines at Windsor have unique Total Touch technology that lets you order a drink by clicking the button. The casino offers Blackjack, Craps, Roulette, Baccarat, and various Poker games in the Poker Room. The room is on the second floor and has 14 tables where you can play Texas Hold’Em, Seven Card Stud, Omaha, or Caribbean Stud Poker. The casino also has many promotions and runs prize giveaways.

Ceasars Windsor has sports betting kiosks if you wish to wager on your favorite sport. Finally, check out Windsor’s many bars, restaurants, and nightclubs, providing world-class entertainment and food.

Casino Rama Resort

This is a massive complex in the Ontario town of Rama. At Casino Rama, you will find more than 1,800 video slot machines, electronic table games, six poker tables, and 45+ gaming tables. The gaming floor is beautifully decorated and features an abundance of classic slot games, progressive jackpots, and video poker.

Table games floor offers the most popular casino games, from Roulette and Blackjack to Poker and Baccarat. Some of the featured table games are Squeeze Baccarat, Mississippi Stud, Pai Gow, Touch Bet Roulette, and High Card Flush.

Luxurious High Limits Room is for players with deep pockets who wish to play in a private and safe environment. Experienced and friendly dealers and other personnel in The High Limits room are at your disposal non-stop. The resort also has a hotel, spa, several restaurants and bars, and hosts live events in its Entertainment Centre.

River Cree Resort and Casino

If you’re visiting Alberta, don’t miss an opportunity to check out the River Cree Resort and Casino. This is the best land-based casino and hotel in the Greater Edmonton Area. Here you’ll find 1,350 slot machines and 40 gaming tables with an excellent selection of popular table games. There are two casino floors. The main floor is a non-smoking area, while Embers is where smokers can enjoy dealing cards and spinning reels.

You can play Blackjack, Baccarat, Roulette, Craps, Chase the Flush, Three Card Poker, or Ultimate Texas Hold’em. For those who wish to place higher wagers, there are several high-limit table games on the main floor. Also, you can visit the poker room to play daily and weekly tournaments and take advantage of various casino promotions.

Most Famous Gamblers

Gambler icon

Daniel Negreanu

Daniel Negreanu is a professional poker player from Toronto. He started playing poker when he was sixteen and is Canada’s most successful poker player. Some even say that he is the most successful poker player of all time.

This statement is supported by the fact that he earned more than $32 million playing live poker. In 2014, Negreanu was also admitted into the poker hall of fame. He is a two-time WPT winner, has 6 WSOP bracelets, and won PokerGo Cup in 2021.

Guy Laliberté

Guy Laliberté is a Canadian businessman and billionaire ranked 11th on the Forbs list of Canadian wealthiest men in 2018. He was a street performer in Quebeck, but in June 1984, he founded the famous Cirque du Soleil with a small group of colleagues.

This entertainment and circus company was so successful that Laliberté earned a good amount of money. He then ventured into poker in 2007. Considered a late bloomer in poker, he supposedly won $696,220 in April 2007 at the famous Bellagio Casino in Las Vegas. Not only is he renowned for his poker accomplishments but also for his charity work.

Drake

Drake is undoubtedly one of the best-known music stars from Canada. He is a multi-platinum award winner, also known as the 6 God. However, this famous Canadian rapper is also a passionate casino player and high roller.

He is an official brand ambassador of the crypto casino Stake, where he wagered more than $1 billion in cryptocurrency in just 2 months. He joined the casino in December 2021 under the account’s username “DeepPockets6.” The username makes perfect sense, given that he spent so much money on online gambling.

In November 2022, he scooped a staggering $2 million after betting on NFL. However, not only is he wagering six and seven-figure amounts on sports betting, but he’s also an avid roulette player. He spent $100,000 on a single roulette spin at an ARIA Casino in Las Vegas.

“Drake Vs Stake” are live-streamed events hosted by Drake, where he awards players Bitcoin packages. After just two of these live events, he handed out around $1 million in cryptocurrency. Nice.

Fun Facts

  • The majority of the gamblers in the country are male, constituting 80% of all gamblers in Canada.

  • Betting on lottery tickets is by far the most popular gambling activity by far in the Great White North, with a participation rate of 65%.

  • The total revenue in 2019 of the gambling Canadian industry was C$15 billion.

  • Poker is the number one online game, with 59.7% of Canadians placing bets on online poker.

  • If you win a sweepstake in Canada, you are required to answer a math question. This serves the purpose of avoiding gambling tax for professional gamblers.

  • Most of the biggest jackpots happened over the past 5 years and 3 of the top 5 progressive slots winners in Canadian online casino history remain anonymous. A Vancouver resident walked away with C$7.5 million dollars playing Mega Moolah on a mobile device in 2015, which still stands as the biggest mobile jackpot win in Canada.

FAQ

Gambling age in Canada is a limitation dependent on the province the person is located in and goes from 18 to 19 years of age. One needs to be over 18 years old to gamble in Alberta, Manitoba and Quebec. However, casinos in British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan will not accept patrons younger than 19.

Certainly. There are numerous communities and institutions willing to support anyone who believes to have a problem gambling. You can reach out to the following organisations and groups for assistance: Gamblers Anonymous, Problem Gambling CA and Gam-Anon. The grand majority of today’s casinos offer self-exclusion arrangements, so you can also look into those.

According to the Income Tax Act, Canadians who win money by playing the lottery or other games of chance do not have to pay any income tax on the winnings. This also applies to winnings from sports betting and casino games like poker and slots. The shortest answer would be that you don’t need to pay any taxes on online casino winnings in Canada. However, it wouldn’t be a complete answer. You may be taxed if you earn large amounts of money from gambling very frequently. Heavy gamblers in Ontario, for instance, have to pay a tax of 9.15% on any income between $42,201 and $84,404. The tax rate can go higher if the earnings are higher as well.

Well, not all of them and not always. Surely you will see that at Canadian sites, Canadian Dollars are used by default for money transactions – both deposit and withdrawals. If you resort to an offshore website that doubles as an international gambling site, you will likely have the possibility to carry out transactions not only in CAD, but also in US Dollars, Euros or British Pounds. Of course, we would advise to still use CAD as your preferred currency to avoid any exchange fees.

Yes, recommendable Canadian online casino sites are legit, even if they may not be based in Canada. All the gambling sites suggested by CBM are licensed and committed to protecting players and their privacy. They are regularly audited and tested to ensure that the games are fair and you can be sure that your personal data will be safely stored on secure servers while you are registered as a member.

There is a huge variety of bonuses available for Canadian online casino players. Beyond the initial welcome bonus (made up usually of a deposit bonus and free spins), there’s also the following list offers: cashback (awards a small percentage of your losses back), reload bonuses (match deposit bonuses), free play bonuses, free spins on slots, tournament promotions, high roller offers and more. CBM will try to always bring you an updated list of available bonuses to make use of.

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