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iGaming Ontario reports $11.53 billion in total wagers for Q3

30 Jan 2023

(PRESS RELEASE) -- iGaming Ontario (iGO) released its market performance report for the Q3 of the 2022-23 fiscal year, which covers market operations from 1 October through 31 December 2022.

  • Total wagers of $11.53 billion represents a 91% increase over Q2 (1 July to 30 September 2022) and does not include promotional wagers (bonuses).

  • Total gaming revenue of $457 million shows a 71% increase over Q2. This figure represents total cash wagers, including rake fees, tournament fees and other fees, across all Operators from October 1 to December 31, 2022 minus player winnings derived from cash wagers and does not take into account operating costs or other liabilities.

  • 36 Operators (a 50% increase over Q2) and 68 gaming websites (a 62% increase over Q2) are as of December 31, 2022. See the up-to-date list of Operators and gaming sites on iGO’s website.

  • 910,000 active player accounts represents a 45% increase over Q2. These are accounts with cash and/or promotional wagering activity and do not represent unique players as individuals may have accounts with multiple Operators.

  • Average monthly spend per active player account of $167 in Q3 is 18% higher than in Q2.

  • The Ontario igaming market described in this report includes all igaming Operators that operated pursuant to an operating agreement with iGO from 1 October to 31 December 2022. As such, it does not include OLG’s igaming offering.

The numbers in this report are unaudited and subject to adjustment.
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