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Liberalized online gaming has been live in the Canadian province of Ontario for three months, and iGaming Ontario has published numbers on the market. The initial report shows that handle reached $4 billion CAD and generated revenues of $162 million CAD.
There were 492,000 active players that spent an average of $113 per month in the market. There are currently 31 websites offering online betting services under 18 licensed operating licenses.
Ontario opened its regulated market on April 4th, and this report ran through the end of June. The province has been busy adding new gaming licenses for operators and software providers, with sportsbetting provider Altenar getting a license this week.
Regarding the results iGaming Ontario Chairman Dave Forestell said, "Our aim is to be the best gaming jurisdiction in the world and these positive results are an early sign that we're on our way. With a competitive revenue share rate and low barriers to entry, Ontario is an attractive igaming market with a strong player base."