Ontario sports betting is settling into its groove.
Ontario iGaming operators took CAD $6.04 billion (USD $4.4 billion) in wagers during the third quarter of 2022, according to iGaming Ontario’s second quarterly report released Wednesday. Both Ontario sports betting and iCasino is included in the figure from July 1 to Sept. 30.
The handle is a nearly CAD $2 billion increase from the CAD $4.07 billion bet in the first quarter of action. Ontario launched its commercial iGaming market April 4.
Ontario sports betting revenue increases
In the first report released in August, Ontario regulators said there were plans to be more detailed in future reports. The second report this week did not provide much more information.