Geocomply Recovers Ontario’s First Year of iGaming

This week marks the first anniversary of the start of the private eye-gaming market, a celebration for Ontario’s gambling industry. This week, GeoComply, which provides geolocation services to the sector, released a report on its first year. 릴게임 There were 19.9 million login attempts from a total of over 744,000 users in 12 months.

Ontario’s market first began on April 4, 2022, and this kind of market was the first in Canada because no other state allows unlimited third-party operators to operate legally. It is operated by Ontario’s Alcohol and Gaming Commission and its subsidiary, iGaming Ontario. Meanwhile, GeoComply ensures that all betters are within the state’s physical boundaries.

GeoComply noted in its report that Sportsbook and the iGaming platform generated 19.9 million login attempts worldwide from more than 744,000 users in its first calendar year. The amount of bets processed has reached C$35 billion. More than 54,000 attempts have been made from users in the United States who have attempted to access approximately 305,000 Ontario operators in the first 12 months.

In addition, the province has more than 3.3 million location fraud attempts for sports betting, meaning people or programs outside the province have attempted to access the market, and the province has recorded more than 219,000 login attempts on devices related to fraud, and GeoComply has also found about 1,045 fraud rings that affected multiple operators

The geolocation provider also reported that a third of fraud investigations in the last 90 days involved Ontario operators, even though Ontario is less than a third of our total traffic. This involved some of the industry’s leading sportsbooks, including PointVet, FanDuel, BetRiver, Caesars, BetMGM and DraftKings operating in the region.

Ontario is also celebrating this, and on April 4, 2023, it released its first-year report on the market, releasing interesting data. The sector processed bets of C$35.6 billion and grossed C$1.4 billion. It also found that about 85% of participants who have gambled online in the state over the past three months have gambled on regulatory sites.

In the first year, the favorite sport to bet on was basketball, with 28 percent betting, followed by soccer at 15 percent and hockey at 9 percent. Nearly half of all gamblers prefer slots, accounting for 48% of ICasino’s trading volume. Meanwhile, nearly a third of casino play, or 32%, was captured in table games with live dealers.

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