iGaming Ontario (IGO) has announced an increase in gaming revenue to CAD $457m. This was driven by an increase of 62 percent in iGaming portals to a total of 68 and a rise of 50 percent of the number of operators to a new record of 36.
Active player saw a boost of 45 percent year on year (YoY) to 910,000. Each player averaged a monthly spend of CAD $167, a rise of 18 percent YoY for the same period . The results recorded by IGO include all iGaming operators from 1 October to 31 December, 2022. This does not include promotional wagers or bonuses from the online operations of the Ontario Lottery and Gaming Corps.
As for players, the Q3 2022 figure of 910,000 active player accounts represents a 45 percent increase on Q2 2022. The average monthly spend per active player reported was $167 in Q3. This was 18 percent higher than in Q2.
36 operators are regulated by the Ontario jurisdiction. A updated list of licenced operators are available on IGO’s portal – Operators | iGaming Ontario.
Active Player Accounts
Q3 has seen an increase by 45 percent since the last Q2 report. 910,000 active accounts do not represent unique players as some users may have accounts with multiple operators.
Monthly spend by player account
The total spend on individual player accounts were recorded at CAD$167, an increase of 18 percent from the previous quarter.
Government of Ontario
IGO is an Ontario government agency. Gaming revenues are shared with the Government of Ontario to be used in support of the region’s priorities.
iGaming Ontario (iGO) was established in July 2021. It is a subsidiary of the Alcohol and Gaming Commission of Ontario and collaborates with the Government of Ontario to support an online gambling experience in a safe environment. Operators that are registered with IGO are able to offer the services of gaming sites to players in Ontario.