Quebec Online Gaming Coalition Calls For Regulatory Model for Sports Betting in Province

📆 4/23/2024 8:07 PM
📰 Covers

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 59%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Coalition argues for similar model to Ontario’s competitive, regulated online gaming market.

A new economic analysis of iGaming Ontario’s performance shows that a regulatory model for online gaming could potentially address the"large deficit" faced by the Quebec government with significant economic returns in its very first year.

iGaming Ontario generated, according to the report, close to $230 million in revenues after expenses for the various levels of government in fiscal year 2022-2023, just its first full year of operation. Ontario Lottery and Gaming revenue from online gaming increased by 31% in that first year, as well.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HIPTHER Invites You to Recognize Gaming Excellence at the Baltic & Scandinavian Gaming Awards 2024HIPTHER announces the Online Voting Session for the Baltic & Scandinavian Gaming Awards - BSG Awards 2024, recognizing Gaming and Tech Companies’ achievements in the Baltic and Nordic regions.
Source: Utoday_en - 🏆 295. / 63 Read more »

Seven Major Sportsbooks Launch Responsible Online Gaming AssociationROGA’s member companies represent more than 85% of the legalized online sports betting and iGaming industry and include BetMGM, bet365, Fanatics, FanDuel, Hard Rock Digital, and PENN Entertainment.
Source: Covers - 🏆 341. / 59 Read more »