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Ontario iGaming numbers soar in Q212 October 2023(PRESS RELEASE) -- This iGaming Ontario market performance report covers the second quarter (Q2) of the 2023-24 fiscal year (1 July through 30 September 2023) and includes information on all Operators with gaming websites that had trading activity during that period. - Total wagers in Q2 of $14.2 billion, a 132% increase over Q2 last year, does not include promotional wagers (bonuses). - Total gaming revenue of $540 M shows a 105% increase over Q2 last year. This figure represents total cash wagers, including rake fees, tournament fees, and other fees, across all Operators from July 1 to September 30, 2023 minus player winnings derived from cash wagers and does not take into account operating costs or other liabilities. - The count of 47 Operators and 71 gaming websites includes all Operators and gaming websites with trades that occurred between July 1 and September 30, 2023. See the up-to-date list of Operators and gaming sites. - About 943K player accounts were active in Q2. Active player accounts are accounts with cash and/or promotional wagering activity during the time period and do not represent unique players as individuals may have accounts with multiple Operators. - The average monthly spend per active player account in Q2 was $191. - In Q2, casino games, including slots, live and computer-based table games and peer-to-peer bingo, accounted for nearly $11.9 B (84%) of total wagers and $407 M (75%) of gaming revenue. - Betting, including on sports, esports, proposition and novelty bets, as well as exchange betting, accounted for nearly $1.9 B (13%) of total wagers and $118 M (22%) of gaming revenue. - Peer to peer (P2P) poker accounted for $397 M (3%) of total wagers and $16 M (3%) of gaming revenue. As part of its commitment to sharing aggregate revenue and market insight reports, iGO intends to continue releasing, at minimum, a market report on a quarterly basis.
Ontario iGaming numbers soar in Q2
is republished from iGamingNews.com.
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