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Ontario sports betting revenue rises 27% in September

Sports betting revenue in Ontario rose 27% month over month in September. A seasonal increase in football betting, driven by the start of the NFL season, contributed to the gain.

Ontario sports betting revenue rises 27% in September
Photo: Casino.org News

Sports betting revenue in Ontario rose 27% month over month in September. According to data released by iGaming Ontario, the increase was driven by a seasonal rise in football betting.

Total cash wagering in the province reached CA$9.71 billion (US$6.94 billion), unchanged from August. Gross gaming revenue rose 5% from August to CA$416.3 million (US$297.7 million). On a year-over-year basis, wagering volume rose 13.6% and revenue rose 26.2%.

Online casino retained an 88% market share with CA$8.504 billion in cash wagers. Sports betting took an 11% share with CA$1.074 billion in cash wagers and recorded a 27% increase in revenue. Peer-to-peer poker had a 1% share with CA$130 million in volume.

The active player pool grew 17% month over month to a record 1.413 million accounts. However, average revenue per player account fell 10% to CA$295 (US$210). The regulated market has 49 licensed operators and 84 gaming sites. Fanatics Casino entered the market in early September.

The Supreme Court of Canada is reportedly preparing to rule on whether provinces can share liquidity with international player pools for online poker.

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