Online Ontario sports betting is nearing four months of action, yet there is still no clear indication of how the market is performing.
While there is no legal requirement for regulators to release Ontario sports betting revenue information, a timely, transparent report would help to see if revenue promises from the legislative process are holding up. It will also show if regulations are successfully migrating gray-market operators to the legal market.
Despite the lack of a requirement to release a report, the regulatory entity iGaming Ontario has committed to releasing online gaming and sports betting numbers quarterly. However, the report remains nonexistent despite the market opening April 4.
“I think it’s a case of the first one and they want to get it right,” Canadian Gaming Association President Paul Burns told last month. “I do know they want to do it and intend to do it. Hopefully, before long, we’ll see some numbers in Ontario soon.”