This is an important week for the Ontario gambling industry, as Ontario marks the first anniversary of the introduction of the online gambling sector. 릴게임사이트 In just 12 months, the nation’s first market has processed CA$35.6 billion in bets and brought in CA$1.4 billion in revenue, making it one of the continent’s top iGaming jurisdictions.
The state’s online segment for gambling and sports betting is the first of its kind in Canada and is operated by Ontario’s Alcohol and Gaming Board and iGaming Ontario. Since its debut on April 4, 2022, the segment has recorded more than 1.6 million active users on websites run by more than 40 operators who have been legally licensed by iGO to work.
Ontario’s iGaming segment saw a total bet of CA$35.6 billion during its first year of operation, bringing in about CA$1.4 billion in total gaming revenue. And according to regulatory figures, active player accounts spend about C$70 per month on iGaming via one of many options.
Also discovered in an Ipsos survey in March 2023 and recently published by AGCO, about 85% of participants who have gambled online in the province over the past three months have gambled on regulated sites. The most preferred sport in the first year was basketball, with 28% betting, followed by football with 15% soccer with 14% and hockey with 9%.
In addition, a new survey found that nearly half of all gamblers in the online casino portion of the market prefer slots, as they accounted for 48% of the iCashino volume. Meanwhile, nearly a third or 32% of casino play has been captured in table games with live dealers. And the rest or 19% of the rest went to computer-based table games.
Commenting on the anniversary, Attorney General Doug Downey said the iGaming market had successfully replaced the existing unregulated market and made jurisdiction the industry’s leader. He added that the government is satisfied with a strong, responsible and competitive model. He also thanked Aigo’s executives for their tremendous efforts and for making it a reality.
However, the recent news that Kulvet has been kicked out of the local iGaming market has caused concern for some. The operator attributed the company’s departure to maximizing profitability, as well as focusing its investment capital and resources only on top-earning areas. SAYS MARKETS DID NOT EXPECT SHORT-TERM PROFITABILITY.
Meanwhile, shortly after the news of the shutdown, the Ontario Alcohol and Game Commission reminded businesses exiting the market should also comply with withdrawal rules. Regulators said the state’s eye-gaming criteria should be met in all cases where the relationship between operators and players ends