Ontario Casinos Ready To Roll Out Retail Sports Betting

With Ontario Sports betting has yet to be added by online operators, land-based casinos​​​​​​​​​​​​​​​​​​​​​​​​​​are opening sports books soon as well.

Ontario Lottery and Gaming Corp. announced last week that casinos in the province will begin including retail sports books. The OLG launched retail sports betting at lottery retailers in August 2021in addition to ProLine+ for online sports betting.

“We are proud to have worked closely with the gaming industry and our partners in the Ontario government on this next phase of growth in the Ontario gaming market,” OLG President and CEO Duncan Hannay said in a press release. “Sportsbooks in casinos will provide players with a diverse and integrated entertainment experience, give our service providers a role in the sports gaming market, and bring more jobs and economic benefits to the host communities.”

Also Read :  Packers' Aaron Rodgers expresses frustration toward Matt LaFleur after questionable late-game play call

Ontario’s wholesale sports guarantee framework

OLG owns the 28 casinos in Ontario, but they insist on managing the properties. Canada’s big game sign a contract with Cambi this month to run 10 Casino sports books in Ontario.

Mohegan Games operates three Niagara– area casinos, incl Fallsview Casino Resort. Mohegan partnered with Kambi to launch it PlayFallsview into the online market.

In SeptemberKambi expanded its relationship with Mohegan to provide sportsbook support at Fallsview Casino Resort and Casino Niagara.

Ontario casinos protested commercial sports betting

In January 2021, before Aprilis launching commercial online sports betting in Ontario, Great Canadian Gaming said iGaming would hurt the casino industry. The nation’s largest casino operator said it would cut tax revenue by $2.65 billion over five years.

Also Read :  Best Street Style Beauty Moments At London Fashion Week Spring/Summer 2023 So Far

Great Canadian Gaming requested but did not receive several concessions. The protest also did not delay the April 4 commercial launch.

Could sports books help Ontario’s sales numbers?

The Liquor and Gaming Commission of Ontario released the revenue figures from the second quarter of commercial online games last month. Operators took it relatively lightly CAD $6.04 billion ($4.4 billion), generated CAD $267 million ($192 million) in income.

The report does not separate sports betting from iCasino. Despite the large population of Ontario, the income is not equal to less US states with both iCasino and sports betting.

Also Read :  NKU sports round-up: Norse volleyball wins two road games
State / Region A crowd April-June Income (USD) Income July-September (USD)
Ontario 14.6 million $124.4 million $192 million
New Jersey 8.9 million $557.2 million $611.6 million
Pennsylvania 12.8 million $520.9 million $545.3 million
Michigan 10 million $465.2 million $485.2 million

The Ontario sports betting figures are not known, however, including OLG numbers.

While sportsbooks will add options to Ontarians, it seems unlikely that it will provide much of a boost to handling. In US sports betting states with mobile sportsbooks, online usually accounts for more than 90% of the entire hand.


Leave a Reply

Your email address will not be published.