Some 492,000 accounts wagered a combined $4.08 billion between April and June across 31 sites, according to provincial regulator iGaming Ontario. (The Logic)
Skip to content
Some 492,000 accounts wagered a combined $4.08 billion between April and June across 31 sites, according to provincial regulator iGaming Ontario. (The Logic)
Talking point: The sector’s revenue is likely to rise as the regulator approves more online bookmakers—the number of operators increased from 13 on launch day to 18 at the end of the quarter—and more punters are drawn to them by the near-blanket gambling advertising on sports broadcasts. Still, Ontario lagged analysts’ predictions and major U.S. states that have legalized online gambling. The province was the first in the country to allow private digital sportsbooks, with Alberta’s regulator committing to allow online bets this year.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
India wants to buy less Canadian uranium. Canada’s nuclear lab is helping
Briefing
Aritzia shares pop after earnings rise 204%
First Nation in Alberta goes to court over fast-tracked oil pipeline
Chinese EV maker Geely Auto Group to launch in Canadian market in 2027
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
