The Alberta iGaming Corporation (AiGC) has appointed Dan Keene as its permanent chief executive officer (CEO), according to a press release issued on May 19.The press...
Ontario sets new iGaming handle record in August
Ontario’s online gambling market hit a new milestone in August, setting records for player spending.
Operators reported a combined handle of CA$8.14 billion across online casinos and betting platforms: the highest to date and only the second time monthly spending has passed the CA$8 billion mark, after May’s CA$8.07 billion.
Online casino and betting handle climbed 8% in August, reaching $8.16 billion compared to $7.56 billion in July. Revenue followed the same trajectory, also rising 8% month-on-month to $336 million from $311 million.
On a yearly basis, the market showed steady growth, with handle up from $6.05 billion in August 2024 and revenue improving from $238.3m.
After three months of declines, active player accounts finally rebounded, growing 7%t to 1.01 million. Average revenue per user reached $330, just shy of the August 2024 record of $332 and a 1% improvement on July’s $328.
Breaking it down by vertical, online casino continued to dominate in August, generating $7.2 billion in handle(89% of the total), up 7% from July. Casino revenue climbed 6% to $267.8 million, representing 80% of the market.
Sports betting also had solid growth, with handle rising 11% to $765 million, accounting for 9% of overall activity. Betting revenue reached $60.2 million, up 14% month-on-month, and made up 18% of the market.
Hard Rock Bet has received an iGaming registration from the Alcohol and Gaming Commission of Ontario (AGCO) and is set to launch its sports betting and casino platform in the...
