Data & Statistics

Ontario’s Online Gambling Revenue Grew 71% in Year Two Key Drivers and Future Insights

Ontario’s Online Gambling Revenue Grew 71% in Year Two: Key Drivers and Future Insights

Overview of Ontario’s Online Gambling Revenue Growth Ontario’s online gambling industry saw a significant 71% revenue growth in its second year. This surge underscores the rising popularity of digital gambling platforms among the province’s residents. Key Factors Influencing the 71% Growth Several factors fueled this extraordinary growth. Enhanced user experiences played a crucial role. Platforms […]

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Yield Sec Projections Illegal Market's Grip on US Gamblers Remains Strong

Yield Sec Projections: Illegal Market’s Grip on US Gamblers Remains Strong

Overview of Yield Sec Projections Yield Sec’s recent projections reveal the illegal market’s persistent grip on US gamblers. Despite the growth of the legal gambling industry, illegal activities remain prevalent. Impact on the Legal Gambling Industry The illegal market’s strength adversely affects the legal gambling sector. For instance, legal platforms lose substantial revenue because gamblers

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Alberta Passes New Bill to Introduce Ontario-Inspired iGaming Model by 2025

Alberta Passes New Bill to Introduce Ontario-Inspired iGaming Model by 2025

Overview of Alberta’s New Bill on iGaming Alberta recently passed a bill aimed at launching a regulated iGaming model by 2025. This development aligns with the growing trend in digital gaming and follows Ontario’s successful model. Key Provisions of the Bill The new bill outlines several key provisions for iGaming regulation. It mandates robust regulatory

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FanDuel to Exit DC Lottery Contract Pending Open Marketplace Approval

FanDuel to Exit DC Lottery Contract Pending Open Marketplace Approval

Overview of FanDuel’s Exit from the DC Lottery Contract FanDuel intends to leave its lottery contract if the DC Council approves an open marketplace for sports betting. The move highlights FanDuel’s preference for a competitive environment. Context of the Contractual Exit FanDuel entered the lottery contract in Washington, D.C., under a restricted system in which

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Waterhouse VC Crypto Wagering Trends and Future Innovations in Blockchain Betting

Waterhouse VC: Crypto Wagering Trends and Future Innovations in Blockchain Betting

Overview of Waterhouse VC in the Crypto Wagering Industry Waterhouse VC has carved a niche in the crypto wagering sector. They leverage blockchain tech to revolutionize online betting. Rise in Popularity The demand for crypto wagering surged recently. Waterhouse VC’s platforms attract users due to their transparency and security. Blockchain integration ensures fair play and

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How the Sports Sector is Tackling Competition this Summer Strategies and Innovations

How the Sports Sector is Tackling Competition this Summer: Strategies and Innovations

Analyzing Competitive Strategies in Sports Competition within the sports sector intensifies each year, especially during the summer. Let’s explore the strategic approaches that amplify this dynamic environment. Understanding the High Stakes High stakes define the sports industry’s landscape. Teams invest significantly in talent acquisition, technology, and training. The financial implications are immense, with clubs spending

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Superior Court Ruling Paves Way for Ontario iGaming Model Expansion

Superior Court Ruling Paves Way for Ontario iGaming Model Expansion

Overview of the Superior Court Ruling The recent Superior Court ruling marks a transformative moment for Ontario’s iGaming market. This decision has significant implications for operators and players alike. Key Points of the Ruling The ruling clarifies several regulatory ambiguities. First, it affirms the legitimacy of private operators within the legal iGaming framework. Second, it

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Casino Time’s Online Launch Boosts Charitable Gambling and Local Economies in Ontario

Casino Time’s Online Launch Boosts Charitable Gambling and Local Economies in Ontario

Overview of Casino Time’s Online Launch Casino Time’s online launch is transforming charitable gambling in Ontario, providing new avenues for fundraising and entertainment. Background of Casino Time Casino Time started as a local casino and gradually became a trusted name in Ontario’s gambling scene. Known for its community engagement and support for local charities, Casino

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BetMGM Dominates Ontario iGaming with 20% Market Share Key to Success and Future Plans

BetMGM Dominates Ontario iGaming with 20% Market Share: Key to Success and Future Plans

BetMGM’s Market Dominance in Ontario’s iGaming Industry BetMGM holds a significant 20% share of Ontario’s iGaming market, demonstrating its dominance in this competitive landscape. Exploring the 20% Market Share BetMGM’s 20% market share in Ontario’s iGaming industry highlights its success. This translates to one out of every five dollars spent on iGaming in the province

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