Ontarians are diving into billion-dollar bets, transforming the local gambling scene.

April 4, 2022, marked Ontario's trailblazing entry into the online gambling world, a pioneering move among Canadian provinces. online gambling With over 1.6 million active betting accounts in Ontario, each user spends on average CAD 70 monthly. Ontario's appeal to operators seeking AGCO certification is underscored by these figures.

Recently, it's been revealed that Ontario accommodates more than 40 sanctioned iGaming operators, where bettors have risked about CAD 35.6 billion, cementing its status among the top five gaming hotspots in North America. The province boasts nearly CAD 1.4 billion in gaming revenue.

Ontario’s Attorney General, Doug Downey, hailed the iGaming sector's emergence, which has replaced an unregulated market, enhancing the province's global gaming leadership since April 2022. The region prides itself on this dynamic, legitimate, competitive model.

Downey praised the leadership of Executive Director Martha Otton, Chair Dave Forestell, and the iGaming Ontario team for their significant role in Ontario's global rise in the iGaming sphere.

Recent Ipsos findings suggest 85% of surveyed Ontarians bet on regulated sites, indicating trust in safer, licensed platforms for online gambling and sports wagering. online poker In Ontario, basketball takes the limelight with 28% of bets, followed by football at 15% and American football at 14%. Hockey and baseball round out the top five with 9% and 8%, respectively.

Online slot machines dominate the casino betting sphere, amassing 48% of all wagers. Games of chance are favored by 32% of Canadians, while 19% lean towards RNG table games.

Yet, not all operators find success in Ontario's dense player landscape. CoolBet, a prominent online gaming brand, chose to withdraw due to challenging conditions amidst a slower than hoped-for rollout. live dealer games Entry into Ontario requires operators to remit 20% of their revenue. Securing a one or two-year license entails an upfront $100,000 per platform.

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