From 2024 to 2028, the number of self-employed individuals in the gambling and betting sector in Canada is forecasted to decline sharply, beginning at 260 jobs in 2024 and decreasing to 170 jobs by 2028. This represents a cumulative annual growth rate (CAGR) of approximately -10.1% over the five-year period, indicating a substantial contraction in the sector. The year-over-year decline is consistently around -11.5%, showcasing a steady downward trend in employment.
Looking ahead, potential factors influencing future trends include:
- Technological advancements and their impact on traditional gambling models.
- Regulatory changes that may either restrict or expand opportunities within this sector.
- Shifts in consumer behavior towards online platforms, potentially reducing the need for self-employed roles.
- Emerging opportunities in related sectors like eSports and virtual betting, which may absorb some of the workforce.