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Light & Wonder and Playson team up in Canada and beyond

Light & Wonder has entered a global distribution partnership with Playson that will see the company distribute the supplier’s content in Canada, as well as the UK and Latin American markets.

Playson’s titles will be included across Light & Wonder’s expansive operator network across those regions. In Canada, Light & Wonder works with numerous crown lottery corporations on their casino and iGaming offerings, as well as multiple commercial operators in Ontario’s regulated market.

Playson games will now get visibility across that reach.

“Our deal with Light & Wonder is a major milestone in our strategic roadmap, as we embark on the next chapter of our global growth,” added Blanka Homor, sales director at Playson. “This agreement expands our reach and allows us to deliver our appealing titles to new operators and players. The launch of our titles across Dazzletag’s two brands is a great start, and we are confident this relationship will further elevate our presence in the ever-evolving online casino space.”

The partnership is the latest in the space of a week for Playson, which has been live in Ontario since 2022, after it launched its portfolio of games with online casino operator Titanplay in the province.

Light & Wonder continues to grow portfolio

For Light & Wonder, the latest agreement follows the announcement of Simon Johnson as the new CEO of the company’s iGaming Division earlier this month.

Back in April 2024, it struck a similar international distribution deal with Toronto-based Bragg Gaming Group.  Around the same time, Loto-Québec launched the first cross-platform mystery jackpot using Light & Wonder technology.

Under Johnson’s predecessor Dylan Slaney, Light & Wonder’s iGaming division revenue grew 5.7% in Q3 2024 to exceed $74 million, which the company said reflected continued momentum and new launches in North America and beyond. EVP and CFO Oliver Chow said on an earnings call in November that gross gaming revenue was up 29% year over year in Canada.

“We are delighted to be working with such a highly respected digital entertainment provider and deliver their portfolio to our network,” said Light & Wonder’s Senior Director of Partnerships Steve Mayes of the new Playson deal. “This strengthens our commitment to offering operators the best game releases available. We look forward to other successful launches in 2025, as we continue to support our operators with diverse content.”

Licensed online sportsbook considered taking bets on US annexing Canada

A licensed online sportsbook in Ontario, PowerPlay, reportedly considered offering bets on the likelihood of U.S. President Donald Trump annexing Canada but ultimately opted to scrap the idea due to “compliance” concerns.

CBC News reports that the brand was set to post odds on whether the U.S. will annex Canada by the end of Trump’s second term. However, a public relations firm’s representative told the news organization that the proposed unique market was reportedly abandoned due to undisclosed “compliance” concerns.

Canadian Gaming Business reached out to PowerPlay and the PR firm in question, Enterprise Canada, for comment but had not heard back at the time of writing.

Trump has repeatedly suggested making Canada the 51st U.S. state, a suggestion that has been emphatically rebuffed by departing Prime Minister Justin Trudeau and the heads of Canada’s other political parties.

AGCO says market would be perfectly legal

Although the report suggested that the sportsbook scrapped the proposed betting market due to “compliance” concerns, Ontario’s gambling regulator told us that such wagers are allowed under its regulations as they would fall under the umbrella of “novelty” wagers.

“The Alcohol and Gaming Commission of Ontario (AGCO) is committed to ensuring that iGaming in Ontario is conducted with honesty, integrity and in the public interest,” the AGCO told Canadian Gaming Business. “All iGaming operators registered in Ontario are required to comply with the Registrar’s Standards for Internet Gaming (the Standards) and Ontario’s Gaming Control Act, (GCA).

“The bet in question would be considered a novelty event, which is permitted in Ontario and defined as: any bet placed on a non-sporting event where real-world factual occurrences are the contingency on which an outcome is determined and in accordance with Standard 4.34.”

The AGCO statement noted that Standard 4.34 lays out specific criteria that sports and event betting must adhere to in order to protect bettors, including that:

  • The outcome of the event being bet on can be documented and verified
  • There are integrity safeguards in place which are sufficient to mitigate the risk of match-fixing, cheat-at-play, and other illicit activity that might influence the outcome of bet upon events
  • The outcome of the event being bet on can be generated by a reliable and independent process
  • The outcome of the event being bet on is not affected by any bet placed

As well as those criteria included in the AGCO’s statement to CGB, Standard 4.34 also stipulates that bets cannot be “reasonably objectionable,” defined as including “bets on events which are unethical, allow entertainment to be derived from human suffering or death or involve non-consensual violence or injury.”

Some sportsbooks taking bets on Canadian election

Political betting is a topic du jour in North American gaming right now.

In the U.S., platforms such as Kalshi and Polymarket took wagers on the November  election. CBC News notes that Polymarket, for one, is also allowing users to place money on various Canadian scenarios, including whether Canada will become the 51st U.S. state by July 2025.

CBC also reports that PowerPlay had intended to offer odds on the outcome of the federal Liberal leadership contest to replace Trudeau, although it does not specify whether it still intends to do so.

Elsewhere, at least one big-name sportsbook is taking bets on the Ontario provincial election that was triggered by Premier Doug Ford this week. U.S. online sports betting market leader FanDuel was offering odds on the provincial election as of Wednesday evening.

How does Ontario’s wide range of sportsbook choice affect customer habits?

Ontario’s wide range of regulated online sportsbook options has customers looking for trusted brand names and strong loyalty programs more than players in other countries.

Those are some of the conclusions that can be drawn from industry payment provider Paysafe, which surveyed thousands of players’ preferences from around the world and detailed the results in a recent report titled All The Way Players Pay.

The report was based on an online survey conducted on behalf of Paysafe by Sapio Research among 4,300 active or prospective sports bettors, including 300 in Ontario.

Ontario sports bettors open-minded but value reputation

One key finding was that Ontarians are less likely to be committed to a particular sportsbook compared to bettors in other countries.

Asked whether they have a preferred online sportsbook, just over half (52%) of Ontario respondents selected yes, lower than all but one of the 11 countries and all six states surveyed. That was 3% lower than the global average and far below similarly young U.S. markets like New York (63%), which went live in H1 2022 like Ontario.

It’s not particularly surprising given that Ontario has more choice of regulated online sportsbooks that any state and some countries. As of the time of writing, the iGaming Ontario (iGO) website lists 33 licensed operators offering online sports betting, in addition to Ontario Lottery and Gaming Corporation (OLG).

Paysafe also asked bettors for their most important factors when choosing one sportsbook above others. More Ontario respondents (40%) cited a brand’s trustworthiness as a reason for making a decision than any other factor. That rate was beaten only by Colombia (42%) and the Ontario rate was 7% higher than the global average.

Again, you could argue that this speaks to the saturation of the Ontario market; when there are more regulated options than a bettor can count, name value and reputation become more important than if the options were slimmer.

In comparison, across the global market and in the U.S., bettors ranked payouts as more important that a trusted brand. So, unlike other markets’ bettors, Ontarians value trustworthiness more than getting paid immediately.

Smooth payments can be a differentiator

But the data suggests that Ontario bettors still do value an easy payments process.

The second-most popular choice as a factor in Ontario bettors choosing a sportsbook was quick and easy payouts (35%).

Ontarians cited quick and easy deposits, the ability to use their preferred payment method and good odds among the other factors that would most influence their decision.

As for what those preferred payment methods are, in Ontario, the most popular is debit card (40%). While credit cards are traditionally king in Canadian eCommerce, they are the third choice for Ontarians betting on sports online (32%). Still, Ontario is far above the global benchmark for credit card usage in online sports betting (24%) and is actually second only to France (39%).

Canadians also use digital wallet (34%) and direct bank transfer (24%), and 14% of players favour local payment methods such as Interac e-Transfer.

Loyalty programs helps sportsbooks stand out

Interestingly, good promotional offers was a bigger factor in Ontario (27%) than the average (24%), despite the fact that sportsbooks in province are forbidden from marketing sign-up bonuses and inducements. Word clearly gets around about which sportsbooks are offering what.

When it comes to what keeps them engaged with sportsbooks once they have signed up, Ontarians value loyalty programs more than the average consumer, with over 38% of Ontario respondents naming loyalty programs as one of their top three most desired additional sportsbook features. The global average for the response was 33%. The result suggests that in a crowded market, long-term rewards and incentivization is important.

How iGaming regulation drives safer gambling innovation

iGaming is a fiercely competitive industry for operators vying for revenue share and market leadership. But when it comes to safer gambling and player protection, it’s crucial to keep a shared goal in mind.

That was the core message of a panel at British Columbia Lottery Corporation (BCLC)’s New Horizons in Safer Gambling conference in October, when operators and regulators gathered to discuss the impacts of regulating gaming on responsible gambling, using Ontario’s commercial open market as a framing.

“Although we’re competing in a lot of ways, we all benefit from having healthy players,” said Ontario Lottery and Gaming (OLG) VP of Community, Sustainability & Social Responsibility, Catherine Meade. “We need to talk about what customer behaviours lead us to intervene and what thresholds we’re using.

“No one really benefits from passing a player from one to the next. Who benefits — and, more importantly, who’s harmed — when we do it without working together? Of course, the answer to the latter is the player.”

“No one really benefits from passing a player from one to the next.”

“We may be fierce competitors in the field of business, fighting every day for customers and market share and the profitability and sustainability of our business, but when it comes to responsible gambling, I think we can all agree we’re on the same team,” added BetMGM’s Director of Responsible Gambling, Richard Taylor.

Defining and measuring goals

While this panel took place in Vancouver, it centred largely on Ontario, given that the province conducts and operates the only regulated commercial iGaming market in the country.

A primary goal of opening Ontario’s doors and bringing online gaming under regulatory oversight was to bring the sizeable and mature grey market into the light so that players can be reached with safeguards and responsible gambling initiatives can be tracked.

“Regulating the industry at least provides the opportunity for those government goals and policies to reach the market,” noted Rush Street Interactive’s Managing Director of Canada, Bruce Caughill. “Otherwise, if you don’t regulate it, you have no opportunity.

“One of the biggest benefits of a regulated market is that the account-based requirement to participate means you know everybody and every transaction. You’re able to measure because you have that window… you’re able to touch those people in the unregulated market that were not otherwise touched from a responsible gaming perspective.”

Flutter’s Director of Business Integrity and Financial Crime Risk, Hodan Fourie, added that the biggest risk to customers is the potential of winding up playing on an unregulated site. There, often, there is a stark lack of safeguards and accountability.

Accountability is an important word here. As Taylor noted, while regulation itself can be a driver of competitive innovation, a good gaming regulator holds its operators accountable so that all are held to the same standards around player protection.

A good regulator draws from operators

To that end, the Alcohol and Gaming Commission of Ontario (AGCO)’s regulatory standards and iGaming Ontario (iGO)’s requirements stipulate several things, such as how celebrities and influencers can be used in marketing. Ontario also requires its licensed operators to spend a certain percentage of their gross gaming revenue on responsible gambling messaging.

Those requirements didn’t come around by accident, explained the panelists. They were the result of consultation with operators and, in many cases, a painstaking iterative process of application.

“In some jurisdictions, it can be ‘take it or leave it’ or actually just ‘take it, this is what you get,’” noted Taylor. “But there needs to be a level of trust between operators and regulators. Allow us to dazzle you and surprise you, because you may see something that is surprising and that might become a standard down the road.”

Certainly, in Ontario, the conduct-and-manage entity iGO knew that in order to run the provincial gaming market to the best of its ability, it needed to draw upon operators’ expertise.

“We know that operators know their players much better than we do in the government world,” acknowledged iGO’s Director of Industry Programs and Monitoring, Catherine Jarmain. “So, we know we really need to do some serious listening to understand how we meet public policy objectives to not only attract players to the market, but keep them.

“Sometimes, something hasn’t been done before and you have to just try it, build in approaches to measure it as you go along, and then continuously improve.”

“Perfection is never really achieved in this area, but collaborative regulation helps us be better everywhere.”

Applying Ontario’s lessons elsewhere

Flutter, BetMGM, and Rush Street are all multi-jurisdictional gaming operators with a deep footprint in multiple other jurisdictions, including numerous states in the U.S. market.

None may be as welcoming as Ontario in terms of the sheer number of licensed gaming operators, but every regulated market has its own nuances, its own goals and procedures and policies, and its own requirements of licensees.

Just because the landscape is different, though, doesn’t mean that lessons and learnings from Ontario can’t be applied elsewhere. Fourie, Taylor, and Caughill all noted that things they have done north of the border, helped by what Caughill called the “forward-looking work” of OLG and iGO, have yielded strong results elsewhere.

“Because we operate across many jurisdictions with various programs, we have seen this requirement for continuous improvement and evaluation,” Fourie explained. “We bring back those learnings and insights… that’s the key to playing in a standard, sustainable manner, and then you’re able to bring the customer along in the journey with you.”

“Perfection is never really achieved in this area,” acknowledged Taylor. “But collaborative regulation helps us be better everywhere.”

“Sometimes, innovation just requires some creative thinking.”

It’s not a one-way street, either.

Jarmain, the only panelist sitting firmly on the other side of the fence between operator and regulator, noted that the multi-jurisdictional factor can also work in the reverse.

“We’re now conducting and managing 50-plus operators with experience all over the world,” Jarmain noted. “We’ve had the opportunity to learn a lot from their experiences, what has worked elsewhere, what has maybe not worked. Sometimes, innovation just requires some creative thinking.”

The message from Ontario is clear: when regulatory oversight is collaborative, safer gambling innovation abounds.

This article first appeared in the January 2025 issue of Canadian Gaming Business magazine.

Atlantic Lottery names Dallas McCready new president and CEO

The Atlantic Lottery Corporation (ALC) has named Dallas McCready as its new president and CEO to replace the retiring Patrick Daigle.

McCready has served as ALC’s Chief Strategy Officer since 2022 and has more than 20 years of experience in the gaming industry and the public sector, with past roles including working as a deputy minister with the Government of New Brunswick.

As ALC’s chief strategist, he led the development of the organization’s recent five-year strategic plan.

He was selected from a pool of candidates following an extensive board-led international search that considered more than 120 applicants.

“On behalf of the board of directors, we are thrilled that our search identified Dallas as the next president and CEO of Atlantic Lottery,” said Sean O’Connor, chair of Atlantic Lottery’s board of directors. “He brings significant gaming experience and a unique set of skills and experiences that will drive the organization forward at a very exciting time in the industry.

“The fact that we were able to identify the ideal next president and CEO from the internal executive ranks speaks to the strength and depth of the team at Atlantic Lottery.”

“I’m honoured to have earned the confidence of the board and I look forward to the exciting work ahead with the team,” McCready said. “Atlantic Lottery has always punched above its weight. With increasing competition in the sector, we are emerging as a leader in healthy play for our customers while continuing to make a game-changing impact for the people and places of Atlantic Canada.”

ALC profits and sports betting dip, iLottery grows

McCready will be tasked with leading the ALC through 2025 after a mixed 2024.

In its year-end fiscal report for 2023-24 in October, the lottery reported a slight dip in profits despite 17% year-over-year growth in online lottery sales and a 26% rise in iGaming revenue. Daigle said at the time that the drop of 1% or around $5.2 million in total net profit was “expected” and “by design.”

The crown corporation posted gross revenue of $872 million, $28 million more than the previous fiscal year, but posted expenses of $385 million after what Daigle called “a catch-up year” of infrastructure renewals and improvements.

ALC underwhelmed in terms of sports betting performance, with net revenue down 13.4% to $14.8 million, significantly lower than was budgeted for.

Although the impact won’t be seen until next fall’s results, ALC has already taken notable steps in the 2024-25 fiscal year, such as agreeing a deal with IGT to launch cloud-based games and solutions and going live with major studio Evolution’s games for the first time.

The ALC claimed in its report that its online gambling operations hold a 22% market share of total online betting and gaming activity in the Atlantics.

Playson deepens Ontario footprint with Titanplay partnership

Digital entertainment supplier Playson has launched its portfolio of games with online casino operator Titanplay in Ontario.

Titanplay gained its Ontario licence in 2024 and went live in the province last June, powered by Delasport.

Now, it will begin to offer Playson’s Hold and Win portfolio on its website, integrated via Relax Gaming’s aggregation platform. Titanplay will host titles including Coin Strike: Hold and Win, Diamonds Power: Hold and Win and Pink Joker: Hold and Win.

The deal comes weeks after Titanplay launched a new mobile platform provided by its partner Delasport.

“At Titanplay, we pride ourselves with working with industry-renowned names and partnering with Playson seamlessly fits into our plans of becoming a household name in Ontario and across Canada,” said the company’s management.

“Our portfolio will undoubtedly be elevated by Playson’s Hold and Win collection, offering players a dynamic offering of feature-filled, graphically advanced titles.”

Playson has been live in Ontario since 2022 and already supplies its games portfolio to several operators in the province and elsewhere, including Betfair and Paddy Power in the UK.

“We are proud of the footprint we have established in Ontario with local players truly appreciating the Playson experience,” Playson Sales Director Blanka Homor. “Partnering with an exciting name in the region like Titanplay allows us to accelerate our progress and bring our premium offering to an increased pool of players.

“We look forward to gauging the response from Titanplay enthusiasts and watching this partnership grow from strength to strength.”

BCLC opening retail PROLINE sportsbook lounges at two casinos

The British Columbia Lottery Corporation (BCLC) is beefing up its retail sportsbook offerings by opening two new PROLINE sportsbook lounges in the coming weeks.

B.C.’s first in-person sportsbooks lounges will open at Chances Casino Kelowna and Parq Casino in Vancouver on Monday, Feb. 10. The Chances Kelowna PROLINE Sportsbook Lounge will offer a sneak peek the day before, on Super Bowl Sunday. The lounge will feature a massive 25-foot screen as well as food and drink and PROLINE betting.

The Parq Casino lounge will host a grand opening event in March, after its first few weeks of operation.

A spokesperson from the crown corporation told Canadian Gaming Business that “the lounges offer something for sports lovers and sports bettors alike, including a best-in-class sports viewing experience and sports-betting terminals offering a full suite of competitive and live odds.”

“The sportsbook lounge is not just for sports betting, it is a go-to viewing destination for both regular gamedays and, for the biggest sporting events of the year, where B.C. sports fans and sports bettors can watch their favourite teams together, the home of the home team.”

BCLC has plans to introduce future sportsbook lounges at other casinos around the province.

Lounges will showcase BCLC’s modernized sportsbook

The two sportsbook lounges will be major showcases for BCLC’s expanded and revamped PROLINE, which it unveiled last fall on the eve of the NFL season. PROLINE replaced the Sports Action sportsbook that BCLC shut down last May after 33 years.

In an interview with CGB in September, BCLC’s Manager of Retail Sports Brett Hanson detailed PROLINE’s new and expanded features, which include a move to fully digital bet slips, an exponential increase in bet types and range and a variety of betting markets on local teams.

Hanson told CGB at the time of that chat that BCLC would become the first Canadian lottery to offer in-play retail betting with dynamic odds, facilitated by a mover to integrate PROLINE into the crown corporation’s self-service terminals (SSTs) in all of its hospitality network locations. BCLC confirmed to CGB on Monday that PROLINE at retail has been offering live odds for a few months.

AI scam targets Alberta’s River Cree Resort & Casino

False advertising on social media reportedly used altered news footage and the name of Alberta’s River Cree Resort & Casino to try to attract clicks.

Former CityNews journalist Baily Nitti was alerted to the fact her likeness was being used in marketing purporting to be from the Edmonton-area casino. The publisher of the ad used AI to alter footage from an old news report about the pandemic, changing it to promote a fraudulent online betting site.

“To see yourself on that, being used in a way where your voice is saying something you never said is scary,” Nitti told CityNews. “AI is crazy, I know that, but I never realized I would be part of something like this,” said Nitti.

Per CityNews, River Cree Resort and Casino CEO Vik Mahajan said the casino has been used in fake social media ads for over a year.

“It’s not just us, it’s other big brands,” Mahajan said. “It always leaves a bad taste in the person’s mouth who ends up using that, and we don’t want our name to be out there in these frauds and fake ads.”

Fraudulent iGaming advertising a widespread problem

Alberta RMCP Cpl. Troy Savinkoff warned that the issue is believed to be widespread and likely targets other casinos.

Scam ads have also been reporting to be targeting players in ManitobaQuébecNew Brunswick and Nova Scotia, looking to lure unsuspecting players to sign up for fake online casinos and thus compromise their privacy, data and money.

Last year, both Manitoba Liquor & Lotteries (MBLL) and Alberta Gaming, Liquor, and Cannabis (AGLC) warned players about social media ads implying that land-based venues are offering iGaming.

Ontario’s Casino Rama also was used in adverts that directed the public to a website belonging to Curaçao-registered WinSpirit Casino, which operates without a license in the province.

The Canadian Gaming Association (CGA) has been vocal about criticizing social media and technology giants such as Meta for failing to do enough to prevent this kind of fraud. “Virtually every land-based casino brand in the country has had its brand highjacked to promote fraudulent online sites in the past several months,” said CGA President Paul Burns in a post on LinkedIn last spring.

Major Canadian casino operator Great Canadian Entertainment keeps a list on its website of known fraudulent advertising attempts concerning its properties. In January 2025 alone, scams have used the names and images of Ontario’s Woodbine Racetrack, B.C.’s River Rock Casino and  Canadian Entertainment’s Casino New Brunswick and Casino Nova Scotia to promote unlicensed and unregulated online casinos.

In Ontario, all regulated commercial online casinos have to include the iGaming Ontario (iGO) logo in their adverts. In other provinces, only the provincial lottery corporations’ platforms are regulated.

Betty splitting off Ontario business as it aims to become ‘McDonald’s of iCasino’

The co-founder and CEO of online casino Betty says the company is splitting off its Ontario-focused business as it aspires to become “the McDonald’s of iCasino.”

In a full quarterly report shared with Canadian Gaming Business, Justin Park, told investors that the company’s ambitions of “transforming Betty into a global casino powerhouse will be manifested through a decentralized franchise model.”

Betty is based in New York but has a Toronto office. Its Ontario market business has been the sole focus of its operations since it was founded in 2022. Betty launched in Ontario in February 2023 with the aim of engaging demographics such female gamblers who were not necessarily catered to as a primary audience by most online gaming brands.

In the early months of 2024, Betty announced that it had raised $5 million in pre-series A funding led by CEAS Investments and also agreed a deal with Stakelogic to host its range of online slots and live casino products. It has also partnered with the likes of Kinectify and GeoLocs in Ontario.

In the update, Park noted that the goal for 2024 was to achieve a $20 million USD net revenue run rate and grow its customer base to 6,600 active monthly players. The company ended the year on $114 million USD ($164 million CAD) and nearly 40,000, respectively, the latter representing an eight-fold increase in players since the start of 2024.

Park wrote that Betty’s ambitions “have expanded tremendously.” To match those ambitions, the company is overhauling how it does business.

Ontario business renamed Betty Canada, company’s first franchise

Now, Betty’s Ontario operations will be known as Betty Canada and will be the first owned and operated franchise under a new business model.

Betty Canada will be led by Park’s fellow co-founder Chavdar Dimitrov as CEO. Park noted that Dimitrov has outlined a plan to double revenue through several key initiatives, including launching a fully native mobile app and beginning to develop original games.

The parent company will expand into other markets, with Park namechecking Betty USA and Betty LATAM as “exciting opportunities for future growth.” Another important step is expansion into Alberta whenever that province opens its doors to commercial online casinos, slated to be in the second half of this year.

Each franchised partnership will have its own brand, technology, digital user acquisition process, operating playbook and startup capital. The franchises will be overseen by dedicated CEOs with significant ownership stakes who will be responsible for acquiring local licenses, building the local team, localizing the brand, partnering with local investors and strategic partners and more.

“Much like McDonald’s, Betty will establish a worldwide presence by partnering with top-tier managers and providing them with the necessary tools for success,” wrote Park. He added that he believes the winning approach in online casino gaming is to “find extremely competent managers, set them up for success and get out of their way.”

Betty will siphon revenue from the fully-owned franchises’ own gaming revenues, as well as by generating IP licensing fees from third-party franchises. Betty also aims to develop its own games for licensing by 2025, creating another potential revenue stream.

“Capital markets are ultimately looking for online gaming assets that are both high growth and profitable,” concluded Park. “The decentralized model will drive growth, while high-margin licensing revenues will establish a solid foundation of profitability.

iGaming Ontario begins monthly reporting after another record quarter

As Ontario’s regulated online gaming market has grown quarter after quarter, many have suggested the market reports have been too few and far between. iGaming Ontario (iGO) have changed that.

The conduct-and-manage entity has started sharing its market performance reports every month, rather than just once a quarter. This brings it in line with how most U.S. regulated gaming markets report. Also of note is that iGO is now showing historical data for every month back to when the market opened in April 2022.

Going forward, a snapshot of total handle, gross gaming revenue (GGR) and other key metrics for the last 13 months on a rolling basis will be available via the iGO website.

iGO told Canadian Gaming Business on Thursday that the change in reporting “is the result of our decision to be more transparent by sharing aggregate revenue and market insight figures more frequently, and in a format that is easier to ingest and analyze.”

The agency told CGB it has no plans at this time to break data down by operator, which is not surprising given that the saturated market hosts 50 operators across 83 websites as of Dec. 31. The newest entrants include Aristocrat Interactive white-labeled brand Betiton, which launched in December. More will follow, as more than 20 pending operator applications are waiting.

The reporting revision comes as iGO strikes out as a fully independent and standalone board-governed agency. Ontario’s 2024 fall budget measures included Schedule 9 to enact the iGaming Ontario Act, which severs the tie between iGO and the Alcohol and Gaming Commission of Ontario (AGCO).

A spokesperson from the Ontario Ministry of the Attorney General told CGB late last year that the change was made in part to address a concern of a conflict of interest raised by the Auditor General. The Act will be proclaimed in early 2025, said the spokesperson, but that has not happened as of the time of writing.

Ontario online casino growth pattern continues

As for the numbers in iGO’s new report for the quarter up to Dec. 31, 2024, the market’s booming growth continues apace.

Ontario gamblers spent $22.7 billion online during Q3 of the Canadian fiscal year, the highest amount on record. That total handle across all kinds of online gaming was 32% higher than it was from Oct. 1 to Dec. 31, 2023, and up 22% on the previous quarter of the 2023-24 FY.

Overall GGR sat at $826 million, up 26% year over year and 12% month over month. Again, this makes it the best quarter on record for Ontario’s regulated market, which is approaching its third anniversary.

As we’ve seen since the market opened in April 2022, online casino dwarfs sports betting and other digital gaming. Of the $22.7 billion total quarterly spend, $18.9 billion (83%) was on online casino games, up 38% on the previous year. Online casino revenue was up 37% to $644 million, roughly 78% of total GGR.

iGaming’s percentage share in handle was down slightly from last quarter’s 86%, but its GGR share was up from 75%.

Sports betting, which includes esports wagering in Ontario, suffered a 6% annual drop in revenue to $16 million despite a 10% handle increase to $3.4 billion. Sports wagers made up 15% of total bets and 20% of total GGR in the quarter.

The remaining $418 million of the $22.7 billion online gaming handle was bet on peer-to-peer poker, a 3% drop. That vertical could be in for a dramatic change if the Ontario Court of Appeal rules in favour of the province by deeming international P2P play legal.

December the best month on (the new) record

The new monthly breakdown tells us that December was the busiest online gambling month on record in Ontario, with an all-time high $7.8 billion in handle eclipsing the previous record set the month before in November by 4%. Handle was up 28% from December 2023.

However, November 2024’s $291 million in revenue remains the mark to beat. December’s GGR was $269 million, down 10%.

Ontario appears to have suffered from the same “customer-friendly” sports outcomes that have affected numerous U.S. states in December. Sports wagering handle climbed 9% to $1.1 billion but GGR was down 28% to $39 million

In contrast, online casino set monthly records of $6.5 billion in handle and $224 million in revenue, up 33% and 36% from December 2023.

As for all-time, Ontario regulated online gaming has produced total GGR of nearly $6.2 billion, almost $4.5 billion of which has come from online casinos. That gaming activity has netted $1.2 billion in tax in just short of three years.

iGO’s reporting data does not include online gaming on the Ontario Lottery and Gaming Corporation (OLG) platform. OLG, which holds around 20% of the regulated market in Ontario, reports separately and annually.