{"id":958,"date":"2023-07-24T10:14:10","date_gmt":"2023-07-24T07:14:10","guid":{"rendered":"https:\/\/xxbet-company.com\/ontario-igaming-far-outpacing-sports-wagering\/"},"modified":"2023-07-24T10:14:10","modified_gmt":"2023-07-24T07:14:10","slug":"ontario-igaming-far-outpacing-sports-wagering","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/es\/ontario-igaming-far-outpacing-sports-wagering\/","title":{"rendered":"Ontario IGaming Far Outpacing Sports Wagering"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Tabla de contenidos<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/es\/ontario-igaming-far-outpacing-sports-wagering\/#Ontario_Leading_the_Way_in_Canada\" title=\"Ontario Leading the Way in Canada\">Ontario Leading the Way in Canada<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/es\/ontario-igaming-far-outpacing-sports-wagering\/#Province_Proud_of_Leading_in_Preventing_Problems\" title=\"Province Proud of Leading in Preventing Problems\">Province Proud of Leading in Preventing Problems<\/a><\/li><\/ul><\/nav><\/div>\n<p>New numbers show total wagers on online casino games are beating sports-related betting in Ontario. Data from iGaming Ontario shows Ontarians placed CA$14 billion in total wagers in the second quarter of 2023. About $11.6 billion of that total was casino compared to $2 billion spent on sports. The remaining $350 million was attributed to peer-to-peer poker.<\/p>\n<figure aria-describedby=\"caption-attachment-282139\" data-style=\"width: 681px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-282139\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/toronto-430x307.jpg\" alt=\"\" width=\"681\" height=\"486\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/toronto-430x307.jpg 430w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/toronto.jpg 700w\" sizes=\"(max-width: 681px) 100vw, 681px\" title=\"\"><figcaption class=\"text-description\">Canada\u2019s Ontario Province, home to Toronto (shown above), saw bettors place $14 billion in online igaming and sports betting wagers in the second quarter of 2023. (Image: Trip Advisor)<\/figcaption><\/figure>\n<p>The numbers are beginning to reveal a picture of the competitive market for online casino gambling and online sports betting, particularly because the Ontario government officially launched the legal and regulated iGaming market in April of 2022. It was the first province in Canada to regulate online gambling.<\/p>\n<div class=\"callout\">\n<p>Analysts believe the expansion of regulated online gambling from casinos to mobile and desktop screens attracts casual players in Ontario, including perhaps many who previously gambled in person. Ontario had more than 900K active player accounts in its most recent three quarter.<\/p>\n<\/div>\n<p>Taken together, wagers from April- June generated gaming revenues of $545 million. By comparison, during the same quarter last year, the first quarter of operation, the market generated $162 million.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ontario_Leading_the_Way_in_Canada\"><\/span>Ontario Leading the Way in Canada<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>More than 60 online casinos and betting sites are operating with legal licenses in Ontario in 2023. So far, no other province has come close to matching that number.<\/p>\n<div class=\"callout\">\n<p>For comparison, the IGO said the newly regulated market from April 2022 through the end of March 2023 saw $35.6 billion in total wagers. Nearly $28 billion during that time was spent on casino games and peer-to-peer bingo. That\u2019s about four times higher than the $7 billion spent on betting.<\/p>\n<\/div>\n<p>The combined gambling activities in that first year generated $1.4 billion in gaming revenues, according to the IGO. The Ontario government received a roughly $260 million share of gaming revenues during that period.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Province_Proud_of_Leading_in_Preventing_Problems\"><\/span>Province Proud of Leading in Preventing Problems<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Ontario government points out the success of the market but also highlights resources put in place to provide support for problem gambling and to protect consumers.<\/p>\n<p>Andrew Kennedy, a spokesperson for the provincial attorney general, said the province provides $31 million in annual funding for problem gambling. He said another $25 million goes toward treatment programs, while $6 million is earmarked for education and prevention efforts.<\/p>\n<blockquote class=\"main-blockquote\">\n<p><strong>As the results show, we are a national leader through our online gaming market,\u201d<\/strong> Kennedy said.<\/p>\n<\/blockquote>\n<p>Analysts and government leaders are cautious about the newly released IGO numbers as they allow a glimpse of how much online gambling is taking place now, as opposed to before the launch of a regulated market. Some of the original concerns about shifting to a legal market were based on the potential rise in gambling activity.<\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/ontario-igaming-far-outpacing-sports-wagering\/\" target=\"_blank\">Ontario IGaming Far Outpacing Sports Wagering<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>New numbers show total wagers on online casino games are beating sports-related betting in Ontario. Data from iGaming Ontario shows Ontarians placed CA$14 billion in total wagers in the second quarter of 2023. About $11.6 billion of that total was casino compared to $2 billion spent on sports. The remaining $350 million was attributed to <a href=\"https:\/\/xxbet-company.com\/es\/ontario-igaming-far-outpacing-sports-wagering\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/posts\/958"}],"collection":[{"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/comments?post=958"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/posts\/958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/media\/959"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/media?parent=958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/categories?post=958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/es\/wp-json\/wp\/v2\/tags?post=958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}