Ontario’s iGaming market saw a broad decline in June. The drop affected all major performance metrics. This is according to the latest figures from iGaming Ontario. Total cash wagers dropped by 10 per cent compared to May, falling from CA$8.01 billion to CA$7.26 billion. Gross gaming revenue also declined. It dropped by nine per cent, from CA$338 million to CA$307 million. This figure is not adjusted for operator bonuses.
The average revenue per user fell by four per cent, from CA$316 to CA$303. Additionally, the number of active player accounts decreased by five per cent, dropping from 1.07 million to 1.01 million. Despite these declines, online casino gaming remained the dominant force in the market. It generated 88 per cent of total wagers and 79 per cent of total revenue. However, this segment also saw a downturn. Casino wagers fell by eight per cent to CA$6.36 billion. Revenue dropped by six per cent to CA$243 million.
Mobile sports betting was hit even harder. Wagers in this category fell by 21 per cent to CA$768 million. This made up just 11 per cent of total wagers for the month. Sports betting revenue also declined by 19 per cent to CA$58.4 million. It accounted for 19 per cent of the market.
Peer-to-peer poker remained a small segment of the market, accounting for just two per cent. In June, it generated CA$132 million in wagers and CA$5.4 million in revenue. Both figures marked declines of eight per cent and 15 per cent, respectively.
Overall, June was a challenging month for iGaming sector of Ontario, with across-the-board contractions in engagement, wagering, and revenue.
