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iGaming revenue goes up in Ontario

iGaming revenue goes up in Ontario
The regulator showed iGaming revenue increased in Ontario.

According to the province regulator, iGaming revenue has gone up in Ontario, even though it remains behind other regions’ markets.

Canada.- The Ontario Lottery & Gaming Corporation (OLG) published its 2018-19 annual report and showed iGaming revenues went up year-on-year. Though it remains behind top provinces, it reached €5.6 billion, posting a 6.1% jump in the 12 months ended March 31, 2019.

Despite the iGaming increase in Ontario, lottery activities post most of its revenue. Last year they reached €2.85 billion, up 10.2% year-on-year. Land-based gaming was also up to €2.63 billion.

Casino opening in Ontario

Gateway Casinos Entertainment held in August the grand opening of the Cascades Casinos Chatham. The ceremony kicked off six days of events to commemorate the opening of the newest entertainment facility in the Canadian municipality.

The Cascades Casino held a soft opening for the public on July 18 and received hundreds of visitors. The €27.3 million venue brought over 300 slots and 10 table games to the Ontario town and created over 200 new jobs for the city.

The ceremony hosted a number of Gateway officials, along with  Chatham-Kent Mayor Darrin Canniff. Chatham-Kent Leamington MPP Rick Nicholls and Ontario Lottery and Gaming Corporation Chief Operating Officer Lori Sullivan were also in attendance.

Sullivan finished the ceremony by presenting the Mayor with a cheque of €805k for the 2019 fiscal year. The money comes from the gaming revenue of the now-closed Gateway Casinos Dresden.

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