08 Aug 2023In direct contrast to other Canadian regions, Prince Edward Island might be small, but it has a thriving gambling market. Apart from this, there is a high demand for gambling, regardless of the gambling niche such as casino gaming or sports betting.
With that said, let’s take a closer look at what is offered in this Canadian province. We’ll touch on all of the information in terms of land-based gambling in the area as well as Prince Edward Island online casinos.
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It is always a good idea to pay close attention to the gambling history of a region, more so if you are keen to take a closer look at where it is heading.
The first group of settlers of the island partook in track betting and lotteries.
The Lottery Commission Act was introduced and was responsible for all gambling activity that took place on Prince Edward Island.
The ALC was permitted to offer regional lotteries to maritime regions.
Illegal poker machines rose to prominence in the region.
The number of VLT terminals decreased by 50%.
The Mi’kmaq Chiefs approached the liberal government with the prospect of becoming online gambling regulators.
The notion moved forward as the government saw how lucrative internet gaming could be.
The idea continued to be explored, however, Simplex was discovered to have the prospect of setting up a near-shore site in North America.
Letters were obtained by The Guardian regarding provincial figures and Simplex executives regarding the possible business venture. This resulted in preliminary discussions as the company explained its vision and how much money could be made in tax revenue.
Simplex got in touch with a law firm to draft a plan to regulate online gambling. Further down the line, the legality of the plan that was drafted by McInnes Cooper was questioned.
The entire notion to legalise online gambling was shut down due to technical and legal challenges.
Gambling at Prince Edward Island means that you will have access to most forms of betting. These are offered primarily by the Atlantic Lottery Corporation as well as its respective partners. Nevertheless, there seems to be an abundance of offshore betting sites that you can easily access if you are looking for the top Prince Edward Island casinos online.
Bingo has become quite popular and it falls under the charitable gambling section that is controlled by the Prince Edward Island (PEI) Consumer, Labour, and Financial Services sector. There are currently eight available bingo halls, each one offering a different type of bingo. This allows you to try different sets of games under the same category, which is great if you are determined to stick to one type of game.
As mentioned, the lottery is one of the oldest types of gambling in the region. This is completely legal and it is managed by the ALC. However, if you have a charity organisation, you will also be able to head to the PEILC and apply for a license.
Virtual lottery machines used to be found across the island; however, the government halved the number of VLTs available. These machines are similar to video slots, but they can produce favourable results due to their higher payouts.
Sports betting is another legal form of gaming and it is governed by the Atlantic Lottery Commission (ALC). This is offered via the Proline sports betting system and you will need to be aged 18 or older to participate.
When it comes to traditional casino gaming, PEI has two facilities that are licensed by the ALC. Each one of these betting locations has something unique to offer and we will dive into them a bit later.
Gambling is a popular pastime in PEI. The good news is that it is completely legal to gamble in this part of the country. Section 207 in the Criminal Code of Canada has allowed each province and territory to have full control over its gambling laws. This has allowed PEI to take full advantage of this and their Lottery Commission Act has been standing since 1976.
Gambling in PEI has seen a variety of changes since the law had initially been implemented. With bill C-218, there was a lot of concern regarding who would be permitted to gamble. Fortunately, very little had changed and the laws remain as follows:
Like many other regions, you will never have to pay taxes on your casino winnings if it is done for recreational purposes. The exception to this law comes into play when you opt to make a living as a gambler or a professional poker player. Any interest accumulated on casino profits is taxable and this must be declared on your T5 tax form. If you decide to visit the US, you need to understand that all gambling winnings are subjected to tax.
Similar to the quantity of Prince Edward Island online casinos, here you will have enough land-based operators to choose from. There are two casino locations available in the region:
Red Shores Charlottetown operates Monday to Sunday and it has a large casino floor with options to bet on live harness racing as well as simulcasting. The casino offers over 200 slot machines with two Texas Hold’em tables and two blackjack tables. Furthermore, this is the only place that allows you to enjoy live poker at a real casino table.
Red Shores Summerside can easily be found near the Summerside Raceway. Here you can find a single blackjack table with 12 VLT machines and 28 slot machines. While the last race took place in 2017, you will have the option to bet on live-streamed events that are happening in Charlottetown.
PEI also has three bingo locations. These are:
Below are some of the most popular Prince Edward Island online casinos offered by offshore companies.
LeoVegas is an award-winning online casino that offers a great selection of games and betting options in three main categories, Casino, Live Casino, and Sports. This is one of the few online casinos that offer you the chance to enjoy a no-deposit welcome bonus of 25 free spins. Once you have used this bonus offer, you can claim four deposit match bonuses.
These consist of a 200%, 100%, 50%, and 50% deposit match bonus, all of which add up to C$1,000. The games are provided by some of the best software providers in the world and we do not doubt that you will find exactly what you are looking for at this online casino.
Read our in-depth LeoVegas Casino Review
Established in 2014, Royal Panda is an online casino that has established itself as one of the most reputable and reliable online casinos available to those in PEI. Here you can enjoy a myriad of games that consist of table games, video slots, and live casino games. Each game has been provided by one of the top providers in the industry.
The welcome bonus will give you something to look forward to as you can claim a deposit match bonus of 100% up to the value of C$100. To sweeten the deal, Royal Panda has also provided 19 free spins. Overall, this is an online casino that gives you a healthy dose of promotional offers and superior gameplay.
If you are looking for an online casino that doubles as an online sports betting operator then SIA Casino is the best choice. Here you can enjoy live casino games, standard top online casino games in multiple categories, and sports betting. Like the other casinos on this list, you will be able to claim a great welcome bonus of 100% up to the value of C$300.
There are plenty of Prince Edward Island online casinos on the market, but if you are unsure of where to locate them, you can check out the list that we have provided above.
No, you might be able to access an online casino, but this does not guarantee its safety. Always look for licensing certificates and other indicators that suggest that the casino is operating legally. This will be the case with all Prince Edward Island online casinos.
Most online casinos can e accessed by local residents. However, always make sure that an online casino has the proper licensing and regulation in place.
Contributor lyndsey@mrcasinova.comWith over six years of experience in content writing, Lyndsey is knowledgeable in various aspects in the gambling world, particularly in online casino reviews. Lyndsey studied English at the University of Malta and holds a Masters Degree in English and the Media.
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