iGaming Ontario releases Q4, 2023-24 full-year results

A record fourth quarter for both total wagers and gaming revenue sparked a bullish Year 2 for the province's regulated sports betting and online gambling industry, including $2.4 billion in revenue.

The second year of regulated sports betting and igaming in Ontario produced $63 billion in total wagers and $2.4 billion in revenue, iGaming Ontario reported Wednesday afternoon.

A record fourth quarter between January 1 and March 31 resulted in $17.8 billion in total wagers, sparking a full-year increase of 78 per cent over the market’s first year betwe…