Canadians Warmly Welcomes UK Betting And Online Gambling Giants

Published: 12/06/2020 | Last Updated: 22/02/2022

Canadians Welcomes UK Betting And Online Gambling Giants

Reading Time: 3 Min

Image: Shutterstock

UK’s betting and online giants, Bet365, Betway, and William Hill, reported growth in the Canadian market. The success of the UK’s online gaming companies in other nations proves the effectiveness of its model for the gaming industry.

The gambling industry of Britain became the benchmark for other nations, seeing growth amidst difficulties and challenges.

UK’ gambling legislation signed in 2014 paved the way for the improvement of sports in the country through technology development. Since the approval of the bill, the sector started moving forward at great lengths.

Competition of gambling companies in the UK is fierce.

Companies strived to overcome competitions as they cater to the needs of sport-loving Britons. As competitions stiffened in the local arena, companies started shifting their business models. They wanted to go global. Companies began focusing on taking their gambling companies in other countries.

Bet365 leads UK firms in Canada

Europe remained the biggest contributor to the global gaming market. As governments in other nations loosen their restrictions on gambling, European firms started seeking options to infiltrate their gambling industries.

The UK spearheaded the global campaign of Europe’s gambling sector. Europe’s gambling market is estimated to get at around $565.4 billion in 2022.

Many European companies started investing in Canada. The country has relaxed restrictions when it comes to overseas gambling operations. Bet365 is one of the most successful UK-based gambling companies in Canada.

The company reported an increase of 10 per cent in sports betting and gaming revenue. It increased from 2.98 billion pounds to 64.49 billion from 2018 to 2019. Bet365 is one of the leading gaming companies in the UK. It has more than 4,000 employees and is the top real money online gambling site the planet.

Aggressive newcomer, Betway

Betway, another UK-origin company, is gaining momentum on Canada’s game-loving market. The company is an aggressive new firm in the UK’s gambling sector. The company currently owns 12 licenses around the globe.

The company turned into one of the top online betting company’s in the world and its logos are now seen in major sporting events and popular teams like the Premier League’s West Ham United. The company offered huge bonuses amounting to £1000 to players, from a variety of sports ranging from ice hockey to football, in Canada.

The Old-timer William Hill

William Hill, a London-based company, established in 1934, stood challenges of time in the UK and now gains popularity in Canada. Its success in Europe started from the legalization of gambling back in 1961. During that time, gambling was accepted as a pastime and industry advertisements aired on television.

When the founder William Hill retired in 1970, the company was turned over to the management of Seer Holdings in 1971. The company was later acquired by Grand Metropolitan in 1988 and purchased a year later by Brent walker for £685 million.

The company is now offering unique casino games and sports to the Canadians. The company brags its security and safe gambling. They also provide secure and dependable services sought after by its Canadian clients.