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Ontario Market Generates 1.4 Billion Canadian Dollars in First Year of Regulated iGaming

Posted on April 12, 2023 | 5:51 am

Ontario, the first Canadian province to regulate a competitive market for online gaming and sports betting, has announced the results of the first year of activity after the market was officially inaugurated on April 4, 2022.

During this first year of operations, the Ontario residents placed wagers worth a staggering 35.6 billion Canadian dollars in total, and that amount does not include promotional wagers. There are over 40 online casino and sportsbook operators that are active in the province, along with several suppliers that have received licenses from the Alcohol and Gaming Commission of Ontario.

The total gaming revenue for the year amounted to 1.4 billion Canadian dollars, an amount which places Ontario among the top five iGaming jurisdictions in North America. “Those numbers speak for themselves,” said Dave Phillips, Chief Operating Officer of the Alcohol and Gaming Commission of Ontario.

George Sweny, VicePresident of Regulatory Affairs at Flutter International, added that his company, a global gaming giant, is “proud of Ontario’s success in establishing a regulated and competitive iGaming market over the past year.”

Flutter did invest heavily in this market through two of their most prominent brands, FanDuel and PokerStars. The two brands also have signed a partnership with Maple Leaf Sports & Entertainment, the huge Canadian sports company that owns franchises in four of the six major professional sports leagues in North America.

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Slots and Live Casino In Demand

iGaming Ontario also announced that there currently are 1.6 million active player accounts at the various licensed operators and that the average spend per player amounted to 70 Canadian dollars per month.

The preferred games on the Ontario iGaming market were slots, which took 48 percent of all wagers during the past year, while 32 percent of the wagers went on live casino table games.

When it comes to sports betting, the most popular betting market was basketball, which took 28 percent of the wagers. Ice hockey, which is the official winter sport of Canada, attracted just 9 percent of the wagers, while football had more demand with 15 percent and American football as well with 14 percent.


“Ontario Emerges as One of North America’s Largest iGaming Markets in First Year“,, April 4, 2023.

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