Outlook | April 20, 2023 | GC Editorial, Research & Data
This edition of Vixio GamblingCompliance's Outlook series provides high-level intelligence and forecasts for an online gambling market in Canada that entered a new era on April 4, 2022 with the launch of a registration system for private operators in the province of Ontario.
45 - The number of operators in Ontario on one-year anniversary of regulated online gaming
This outlook report includes:
- A guide to the state of play for legal online gambling across Canada.
- Policy perspectives on advertising, regulatory risks and future market expansion.
- Data analysis and market forecasts for Ontario and other provinces.
‘Re-regulated’ commercial online GGR to reach C$4.5bn by 2026
According to Vixio’s Canada Online Forecasting Dashboard, regulated online gambling revenue across Canada is projected to reach just under C$6bn (US$4.4bn) by 2026. “Re-regulated” competitive markets account for a majority C$4.46bn (US$3.3bn) of this total under Vixio’s base case forecast, with Ontario’s C$3bn+ fully regulated system predicted to be followed by the introduction of competitive sports-betting markets in Alberta, British Columbia and Manitoba over the next three years.