Ontario iGaming and Sports Betting Numbers Up Sharply To End 2022

Ontario iGaming and Sports Betting Numbers Up Sharply To End 2022
By Mark Keast
Fact Checked by Jim Tomlin

When Canadian Gaming Association president and CEO Paul Burns looks back at the numbers from the first quarter of Ontario sportsbooks and online casino, released last summer, he must be having an “I told you so” moment.

That’s because the latest numbers, released Thursday, show tremendous growth.

Edit Your Bet Options, One Wallet For All Products & Easy Deposits - Registration Code: BETONONT
Visit BetMGM.com for T&Cs. Must be 19+. ON Only . New Customer Offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire in 7 days from issuance. Please Play Responsibly. If you have questions or concerns about your gambling or someone close to you, please contact ConnexOntario at 1-866-531-2600 to speak to an advisor, free of charge .

Ontario Gambling Handle Increases 91%

According to iGaming Ontario (iGO), total wagers for the third quarter of online casino Ontario sites and sports wagering (actually Q4 in calendar year terms, Oct. 1-Dec. 31, 2022) came to $11.53 billion. That was a whopping 91% increase over Q2 (July 1-Sept. 30, 2022) and does not include promotional wagers (bonuses). 

Total gaming revenue was $457 million, a 71% increase over Q2. This figure represents total cash wagers, including rake fees, tournament fees and other fees, for all licensed operators through Dec. 31, minus player winnings from cash wagers, and does not take into operating costs or other liabilities.

Total cash wagers in Q1 (again the second quarter of the calendar year, from April to June 30) were just over $4 billion and gaming revenue was at $162 million. The regulated Ontario digital gaming market went live April 4.

“I think the market was strong (Q1) and I think it will get stronger,” Burns said back then. “I think we will see the numbers double in the next quarter.”

Over 750 Casino Games To Choose From, Offers Game Explanations & Tutorials, Live Chat, Email and Phone Support
Must be 21+ to participate. T&Cs apply. Play Responsibly

Number of Operators Increases Rapidly

What’s also telling when one looks at the health and growth potential of the regulated Ontario market is the current number of Ontario sports betting apps operators and live gaming websites. There are now 36 operators, a 50% increase from Q2, and 68 sites, a 62% increase.

There were 910,000 active player accounts, according to iGO (cash and/or promotional wagering activity), a 45% increase over Q2. That number does not represent unique players since individuals might have several accounts with different operators. 

The average monthly spend per active player account was $167 in Q3 – 18% higher than the Q2 Ontario gambling revenue report.

Offers International Sports Markets, Low Wagering Requirements, Allows For Displaying Odds in Different Formats
19+. Ontario Only. Please play responsibly. If you have questions or concerns about your gambling or someone close to you, please contact ConnexOntario at 1-866-531-2600

Legal, Regulated Gaming Market Succeeding

Burns had called Ontario a “semi-mature” market. There was a billion-dollar black market going back decades, then some operators were allowed to stay in a grey market while transitioning with the Alcohol and Gaming Commission of Ontario.

Many of those operators joined the ranks of fully legal, regulated casino apps Ontario in 2022.

The province does not release numbers broken down by sports betting vs. iGaming. There are 27 operators accepting online sports wagers, according to a list on the iGO website.

Casino games playable on mobile devices, laptops or desktop computers include Ontario online slots, among other options.

Unique Selection of Games Developed by PointsBet, iOS and Android Casino App, 24/7 Live Customer Support
Must be 19+ to participate. T&Cs apply. Play responsibly.


Mark Keast has recently covered the sports betting industry in Canada for The Parleh, and is a long-time sportswriter and editor, most notably with the Toronto Sun.

Cited by leading media organizations, such as: