iGaming Ontario has revealed total gaming revenue of CA$1.4bn in its first full year of operations.
Gaming revenue of $526m in Q4 of the 2022-23 fiscal year – from January 1 to March 31 – contributed to the overall figure, with the Ontario market having opened in April last year.
Total wagers of $13.9bn in Q4 saw the figure for the full fiscal year reach $35.5bn, excluding bonuses.
A total of 44 operators with 75 gaming websites factored into the Q4 wagers and revenues, with one million active accounts in the final quarter and 1.65 million accounts over the course of the year.
Average monthly spend per active player account in Q4 was $174 and $70 for accounts that were active at any time over the year.
