The public can finally see numbers indicating how Ontario’s new regulated iGaming and online sports betting market is performing since its launch on April 4.
Ontarians wagered more than $4 billion (CAD) and the market produced $162 million total gaming revenue – from iCasino, online sports betting, and online poker – for the period of April 4-June 30, according to the first revenue report released by iGaming Ontario. (As of Aug. 30, $1 CAD is equal to $0.76 USD.)
The $4.076 billion in total wagers does not include promotional wagers, and the total gaming revenue of $162 million is total cash wagers, including rake fees, tournament fees, and other fees across 18 total operators and 31 gaming websites.