With recent developments concerning online gaming requirements, Canada is getting close to establishing the biggest regulated online gaming market in North America. On BonusFinder.com, we can see the latest Index results. These state that Ontario will be breaking a number of records after launching legal online gaming platforms in 2022.
Moreover, Ontario has the potential to outperform the US in terms of online gaming with the predicted Bonus Index score of 23377 — double the amount when compared to New Jersey and Pennsylvania, the two most developed US jurisdictions.
The industry’s power can also be spotted in online gambling revenue. For instance, New Jersey reported a profit of US$1.3 billion for October 2021, while this study shows that Ontario may easily end its first month with much higher numbers.
The amount of estimated bonuses in Ontario is also quite motivating since casino bettors can expect the account boost of CA$866 on average, while sports betting fans will get approximately CA$395.
The online gaming market in Ontario should come to life in the first quarter of 2022. At the moment, over 70 online casino and sports betting operators have shown interest in entering the Canadian iGaming market. This sheer number of applicants is a sign that Ontario is ready to give its competitors a run for their money.
The managing director of BonusFinder.com, Fintan Costello, claims that every jurisdiction with a competitive online gaming market and high population has a path paved for success. He has stated that the research they conduct is precise in the majority of cases and that Ontario should expect a real boom from the largely anticipated launch.