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Internet-based gaming activities were legalized by the Canadian government back in 2009. Today, Canadians can play at a wide variety of both government-owned and private internet casinos. All privately-owned venues based in Canada must be licensed by their province. Canadians are also free to play at offshore venues based outside of Canada.
The legal gambling age varies from province to province. Residents of Alberta, Manitoba, and Quebec can start gambling online at age 18. Those living in other provinces can only do so at age 19.
According to the Income Tax Act, lottery and gambling winnings are not subject to income tax. The same is true of funds gained through sports betting. However, this is only true if you’re an amateur gambler.
If gambling makes up a noticeable part of your yearly income, on the other hand, you will have to pay taxes on your winnings. The exact amounts will vary from province to province. Let’s take a look at Ontario as an example. The province applies a 9.15% income tax to winnings from C$42,201 to C$84,404. If you go over the threshold of C$84,404, you’ll be taxed at a rate of 11.6%.
Our Canadian users currently have access to the following payment options: Visa, Interac, Interac e-transfer, ecoPayz, iDebit, Instadebit, Neosurf, and Paysafecard. In all cases, players can pay and receive payments in Canadian dollars.
Other payment methods may be added in the future.