A look back at Ontario's first full year of online sports betting:
"A reported $162 million in revenue was collected over the first three months of operation, ending June 30. Eighteen operators at the time, along with 31 iGaming sites, took in $4.076 billion in total wagers over the first three months of legal sports betting in Ontario.
Q2, which ended Sept. 30 and included the first month of the lucrative NFL season, was much better for Ontario’s legal sports betting industry. $6.04 billion was wagered in the province over that time, with $267 million in total gaming revenues. Two dozen operators were taking bets and active player accounts grew to 628,000 during the three-month period.
Q3, which spanned Oct. 1-Dec. 31, saw nearly double the action that Q2 did – a 91% increase. More than $11.5 billion in total wagers was reported by iGaming Ontario (iGO) with $457 million in total gaming revenue – a 71% increase from Q2. A whopping 36 operators were active and there were 910,000 active accounts by the end of the year."
Full story here: https://www.sportsbookreview.com/new...march-31-2023/
"A reported $162 million in revenue was collected over the first three months of operation, ending June 30. Eighteen operators at the time, along with 31 iGaming sites, took in $4.076 billion in total wagers over the first three months of legal sports betting in Ontario.
Q2, which ended Sept. 30 and included the first month of the lucrative NFL season, was much better for Ontario’s legal sports betting industry. $6.04 billion was wagered in the province over that time, with $267 million in total gaming revenues. Two dozen operators were taking bets and active player accounts grew to 628,000 during the three-month period.
Q3, which spanned Oct. 1-Dec. 31, saw nearly double the action that Q2 did – a 91% increase. More than $11.5 billion in total wagers was reported by iGaming Ontario (iGO) with $457 million in total gaming revenue – a 71% increase from Q2. A whopping 36 operators were active and there were 910,000 active accounts by the end of the year."
Full story here: https://www.sportsbookreview.com/new...march-31-2023/
