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​Ontario online gambling wagers hit $14B in Q1: iGO report - BNN Bloomberg

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Total online wagers placed in Ontario in the first quarter of this year totalled $14 billion, marking an increase from the previous quarter, iGaming Ontario (iGO) revealed in a recent market report.

Ontario online casinos and sports betting wagers were up from the $13.9 billion reported the previous quarter, the data released on July 19 showed.There were 920,000 active player accounts from April 1 to June 30, with an average monthly spend of $197 per active player account for the quarter, it said. Online casinos accounted for the lion’s share – or 83 per cent – of total wagers placed in the province at $11.

Sports betting and esports totalled $2 billion or 14 per cent of total wagers made, and $138 million of gaming revenue for the quarter, or 25 per cent. Peer-to-peer poker accounted for $350 million of total wagers and $15 million in gaming revenue, or three per cent of each total figure.The report speaks to the economic results one year into legalized single-game sports wagers in Ontario.

 

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