Online gaming revenue soared in Ontario over the final three months of 2022, fueled by the first full quarter of regulated NFL single-game wagering on the private market throughout the province.
During the third quarter of the 2022-23 fiscal year, Ontarians placed $11.5 billion (CAD) in iCasino, mobile sports betting, and online poker wagers, representing a 91% increase over the previous quarter. (As of Thursday afternoon, $1 CAD is equal to $0.75 USD.) Overall, Ontario bettors wagered more than $21.6 billion in the first nine months of legal online wagering in the province, a staggering figure for the calendar year. The handle does not include promotional wagers or bonuses, according to iGaming Ontario's (iGO) Q3 Fiscal Year report released Thursday.
As expected, @iGamingOntario is reporting a massive jump in Q3 handle and revenue. pic.twitter.com/R2w7mmiIUN
— Greg Warren (@GregwarrenBC) January 26, 2023