Ontario Betting Revenue Increases, Lags Behind Other Provinces

Online betting revenues within the Canadian province of Ontario have grown over the past year, but numbers are lagging behind those of British Columbia and Quebec.

The Ontario Lottery and Gaming Corporation has unveiled that revenues for the year ending March 31st, 2019 were $8.3 billion, up 6.1% from the prior year. Net income was down 0.6% to $2.47 billion. Lottery makes up the wealth of that total, and the PlayOLG online betting site had revenues of $92 million, despite serving a population of 14.3 million.

Those numbers are impressive, but are flagging behind those of British Columbia, which brought in $149.8 million with 5 million residents. Quebec brought in $105.4 million with 8.4 million residents.

It's unknown whether officials are happy with the results, or what their plans are for growing the business moving forward.

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