Ontario has released the first batch of online gambling numbers following months of waiting, iGaming
Ontario operators took more than CAD $4.1 billion (USD $3.1 billion) during its first quarter, according to iGaming Ontario’s first quarterly market report released Thursday. The operators held 4% for CAD $162 million (USD $124.million) in sports betting revenue, but it is important to note the overall handle also includes online casinos, making comparisons to US sports betting markets difficult.
The quarter includes the April 4 Ontario sports betting launch date through June 30.
“Our aim is to be the best gaming jurisdiction in the world and these positive results are an early sign that we’re on our way,” iGO Board Chair Dave Forestell said in a release. “With a competitive revenue share rate and low barriers to entry, Ontario is an attractive igaming market with a strong player base.”