The Ontario igaming market sees an 8% increase in cash in August in August -

The Ontario igaming market experienced an increase of 8% per month of cash in August in August, before the sports betting season in the fall.

According to data from Igaming Ontario in its monthly reports, the region’s Igaming market accelerated the speed in August before the current sports betting season in September and October. 8.14 billion dollars CAD (5.8 billion dollars in cash) were carried out throughout the month, compared to $ 7.56 billion in July. This made income to $ 335 million CAD, an increase of 8% compared to the previous month.

The last – and the only other moment – that Ontario has reached 8 billion dollars from Paris in cash was in May this year when it reached $ 8.06 billion. This marks a top of all time for the region’s Igaming market.

Ontario players flock to Igaming

This increase in cash bets seems to come from an influx of players, with active players’ accounts increasing by 7% in August. The total number reached 11,016, with average revenues per active player account at $ 330 CAD, an increase of 1% compared to July.

By digging closer to figures, the handful of casino also reached a new summit of $ 7.22 billion CAD, which earns a market share of 89%. He beat a summit in the previous market of $ 6.95 billion CIE in May.

The online casino also beats records with a turnover of 267.8 million dollars CAD in August, guaranteeing a market share of 80%, while sports betting experienced an increase of 11% per month of the total betting bettors. It is before the current sports betting season in progress with the return of the NFL in September and October.

The increase in sports betting is even more pronounced when you remember that July experienced a death of 10% compared to June. This highlights impressive performance on the market in August.

For poker, Cash Sagers in August reached $ 151 million CAD, an increase of 9% compared to the previous month. This results in $ 6.8 million in CAD income, an increase of 15% compared to July.

Star image: Pexels

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