Ontario igaming wagers hit CAD$11.5bn in Q3
Ontario’s regulated igaming market continues to grow.
Canada.- iGaming Ontario (iGO) has released its third public report of market performance since the province’s online gaming market launched on April 4, 2022. The report covers the third full quarter of market operations, ending on December 30.
During the third quarter of the 2022-23 fiscal year, Ontarians wagered CAD$11.5bn (CAD) on icasino, mobile sports betting, and online poker wagers, representing a 91 per cent increase over the previous quarter. Revenue for the period was CA$457m, a 71 per cent increase over Q2.
Players spent an average of $167 a month, up 18 per cent compared to the previous quarter. Operators include US giants such as DraftKings, and Bally Bet, international groups such as Entain and local operators like North Star.
There are now 36 operators active across 68 gaming websites. Together they had 910,000 active players in the quarter, a 45 per cent increase over Q2.