Gambling is one of the most prolific industries in the world and those who want to set up casinos can choose between the various jurisdictions which offer favorable conditions for such operations. One of these countries in Canada, where gambling activities can be carried out from a physical location or online.
In order to open a casino in Canada, foreign investors must comply with the Criminal Code at federal level and the local laws at regional level. Our Canadian company formation agents can offer full information on the legislation applicable when opening a casino in this country.
Registering a casino business in Canada
The first step to set up a casino in Canada is to register one of the available business forms with the Trade Register. The registration is completed at territorial level and by complying with the local share capital regulations. Once the company is registered, the new business owner must apply for the casino license with the local authorities.
In case the Canadian casino will operate online, the owner must also have a website created and a domain name registered. Our company registration advisors in Canada can guide you through the registration of the website when opening a casino in this country.
Licensing of casino operators in Canada
Canada is a special country from a licensing point of view when it comes to setting up casinos, as each provincial government decides the number of gaming facilities which can be registered in one year. It is also the government’s duty to manage gaming operations, therefore the casino license is actually a services contract concluded by the private company operating the Canadian casino and the governmental bodies.
The following types of gaming activities can be undertaken by casinos in Canada:
- poker games;
- betting;
- slot games;
- bingo games;
- lotteries;
- online gambling.
For online gaming operations there are no special licensing requirements.
If you are interested in setting up a casino in Canada and need assistance in registering the company, please feel free to contact us. You can also rely on us for more information on the licenses related to setting up a gaming facility and the taxation of gambling operators in Canada.