The Alcohol and Gaming Commission of Ontario (AGCO) has approved PDX Slots. This allows the company to operate in the province’s regulated iGaming space.
PDX Slots is an igaming content provider based in Detroit, Michigan. This was granted an Internet Gaming Related Supplier license by the AGCO.
CEO of PDX Slots, Chris Housel said that receiving a license to offer their market-leading content in Ontario is another important milestone for PDX Slots as they continue to expand.
PDX works with gaming developers to get their games live, port content for use by regulated online casino operations. This is while building strategies to improve game developer ROIs.
In North America, Ontario is one of the largest iGaming markets, as well as digital casino dominates.
The government-owned Ontario Lottery and Gaming Corporation reports their own total gross online casino and sports betting revenue. This was in FY 2023-24. They reported $630 million, up from $561 million in 2022-23.
According to iGaming Ontario’s report, the Ontario private iGaming market saw $64 billion in total wagers for FY 2023-24, from April 1, 2023, to March 31, 2024. The market generated $2.4 billion in gaming revenue.
The H2 Gambling Capital, the global specialist gambling sector market data provider said that commercial operators in Ontario have a 78% market share. On the other hand, OLG has 16% and offshore platforms have 5%.
H2 utilizes sources such as web traffic, affiliate traffic, and search volume data. This is to estimate market size and growth rates in regulated markets where there is no official data.
Their data showed bet365 with a 15% market share in FY 2024. This followed by FanDuel by 13% and Betano by 9%. Super Group comes in at 8%, followed by BetMGM, Entain, and BetRivers, at 7% each.
The iGaming Ontario market performance report states that casino games, including slots, live and computer-based table games, and peer-to-peer bingo, generated 86% of total wagers, totaling $16 billion. These games also accounted for 75% of gaming revenue, amounting to $553 million in the province.
