Canada
VegasSlotsOnline Research Shows Average Yearly Spend Per Gambler in Each of the Five US iGaming Markets
VegasSlotsOnline News has published its research on average yearly spend per gambler in each of the five US iGaming markets.
The last 12 months have witnessed a new growth phase for US iGaming. The pandemic year saw multiple jurisdictions break online casino records, the rollout of two legal markets, and a push for legalization in other states.
With total US iGaming handle exceeding $54bn at the time of this research, VegasSlotsOnline News has assessed which states top the list of biggest online casino markets.
VegasSlotsOnline News took the total handle data from each jurisdiction since iGaming legalization to estimate average yearly spend. Where handle data was not available, estimated handle was calculated through revenue figures and land-based casino win percentages. The average annual amount was generated by dividing handle by the number of years of online casino wagering in each state.
The total number of gamblers was obtained by taking the sum of core and casual gambling populations in each jurisdiction and amending it using Google Trends data. Average yearly spend per gambler was calculated by dividing the average annual handle by the estimated number of online casino players in each respective state.
Pennsylvania takes the top spot by a large margin, with average annual spend totaling $6766.15. The state owes this success partly to its more recent 2019 launch date, by which time players already enjoyed easy access to highly sophisticated mobile gambling. In second place is the even younger Michigan market at $2024.25.
Active since 2013, the mature New Jersey online casino vertical initially failed to generate much interest. It ranks third because of low handle figures reached in the first years, with average iGaming spend of $1507.13 per year.
West Virginia and Delaware occupy the bottom two positions with average annual spend per gambler of $782.72 and $665.94, respectively. West Virginia only rolled out iGaming in 2020, while Delaware’s seven-year-old market remained somehow limited by its state-run model.
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ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
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