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The Ontario Igaming market has seen an 8% month -by -month increase in cash bets in August, before the sports betting season in autumn.
According to Igaming Ontario data in Your monthly reportsThe region’s Igaming market accelerated in August before the sports betting season throughout September and October. Cash bets of $ 8.14 billion CAD ($ 5.8 billion) were made throughout the month, compared to $ 7.56 billion in July. That put income at $ 335 million CAD, an 8% increase compared to the previous month.
The last one, and only another time, which Ontario reached $ 8 billion in total cash bets was May this year, when it reached $ 8.06 billion. This marks a historical maximum for the region’s Igaming market.
Ontario players go to Igaming
This increase in cash bets seems to come from an influx of players, and the active accounts of the players increase by 7% in August. The total number has reached 11,016, with an average income on account of active player to CAD $ 330, a 1% increase from July.
Cavando closer to the numbers, Casino Many has also reached a new maximum of $ 7.22 billion CAD, gaining a market share of 89%. Valiente a maximum previous market of $ 6.95 billion in May.
The online casino also breaks records with revenues of $ 267.8 million in August, ensuring a market share of 80%, while sports bets saw an increase of 11% month to month in total cash bets. That is ahead of the sports betting season seriously with the return of the NFL in September and October.
The increase in sports bets is even more pronounced when you remember that Julio saw a 10% death compared to June. That highlights the impressive market performance in August even more.
For poker, cash bets in August reached $ 151 million, an increase of 9% compared to the previous month. That results in $ 6.8 million in revenues, an increase of 15% as of July.
Outstanding image: Pexels
The post -ONTARY IGAMING market sees an 8% increase in cash bets in August appeared first in Readwrite.
