Ontario’s Q1 revenue from April 1 through June 30 spiked even higher as $726 million in total gaming profits jumped 34% year-over-year.
on Wednesday that $18.4 billion was wagered in the first quarter of the 2024-2025 fiscal year, a 31% increase from the previous year’s Q1. in the province, the first quarter got off to a solid start as the handle for land-based and online casinos, sports betting, and poker rose 3.4% from last quarter.
“With 50 regulated operators and a one-third increase in wagering and revenue figures over the first quarter of last year, Ontarians who choose to gamble are finding many enjoyable options in our open regulated iGaming market,” Martha Otton, executive director of iGO said. “The revenue generated by Ontario’s competitive iGaming market contributes directly to provincial priorities such as infrastructure, healthcare, and education.
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