iGaming Ontario Report Finds Betting Market Provided Significant Benefits for Province in 2023

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Report from Deloitte found regulated industry provided $2.7 billion to Ontario’s GDP and sustained 14,935 full-time employees in 2023.

Report from Deloitte found regulated industry provided $2.7 billion to Ontario’s gross domestic product and sustained 14,935 full-time employees in 2023.The mobile sports betting and online casino industry is adding measurable economic contributions to Canada’s most populous province, according to a recent study. for iGaming Ontario found that the regulated industry provided $2.7 billion to Ontario’s gross domestic product and sustained 14,935 full-time employees in 2023.

Online sports betting and casino operators directly employed 2,675 employees with average compensation of $122,500 per employee in 2023, 60% higher than Ontario’s average compensation. “This report puts Ontario’s iGaming market government revenue contribution at over $2 billion since it launched,” said Heidi Reinhart, iGaming Ontario’s Board Chair, “and with job contribution up by 24% from its first year, the benefits to Ontarians are significant.

 

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