Canada
PlayIA.com: Iowa’s online sportsbooks enjoy first $100 million month, but fresh records lie just ahead
Iowa’s online and retail sportsbooks closed 2020 on a record pace, collecting more than $100 million in bets in December 2020 alone to approach $600 million in handle for the year. But with in-person registration for online sports betting now expired, those high-water marks will be short-lived, according to analysts for PlayIA, which tracks regulated online and retail gaming in the state.
“What Iowa’s sports betting industry has achieved, becoming the seventh-largest market in the U.S., in spite of a significant handicap like in-person registration has been impressive,” said Jessica Welman, analyst for PlayIA.com. “But with in-person registration now gone, Iowa’s sports betting market should take off. The monthly handle should make a jump forward in the coming months.”
According to official data released Friday, December brought a record $104.8 million in sports wagers, making Iowa the eighth state to surpass $100 million in wagers in a single month. That produced $7.5 million in net receipts, yielding $508,748 in state taxes.
In a year that saw the cancellation of March Madness, and four months of the college and professional sports calendar wiped out, Iowa bettors wagered $575.2 million in 2020. That will likely place the state seventh among legal sports betting jurisdictions in terms of handle. Those bets produced $41.6 million in net receipts and $2.9 million in state taxes.
With the sports schedule expected to be more stable 2021, and in-person registration gone, the room for growth in the year ahead is significant. Online betting generated $405.2 million in bets, or 70.4% of the state’s handle in 2020. But in Indiana, where there is no-in-person registration requirement, online betting currently accounts for about 85% of the handle.
PlayIA.com projects that within five years Iowa will grow into a market that generates more than $4 billion in bets annually.
“Assuming Iowa follows a similar pattern, which it should, online betting will not only represent an even larger share of the sports-betting pie, but it should also grow the overall size of that pie,” said Dustin Gouker, analyst for PlayIA.com. “Removing in-person registration is a huge step toward market maturity.”
For more information and analysis on regulated sports betting in Iowa, visit PlayIA.com/news.
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Endorphina Limited has obtained a Gaming-Related Supplier registration in Ontario, Canada, allowing the company to supply its online slot content to licensed operators in the province.
The registration was issued by the Alcohol and Gaming Commission of Ontario (AGCO). Ontario is one of North America’s most closely regulated online gambling markets.
“Securing approval in Ontario is a significant achievement for Endorphina. It confirms the quality of our products, the strength of our compliance framework, and our readiness to operate in highly regulated environments,” said Head of Compliance at Endorphina, Džangar Jesenov.
Endorphina said it has a portfolio of 200+ slots, partnerships with 6,000+ operators, and an active presence in more than 50 jurisdictions. The company positions the Ontario approval as part of its broader expansion strategy in regulated markets.
The post Endorphina secures AGCO supplier registration in Ontario appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Amusnet is entering the North American market after securing a Gaming-Related Supplier–Manufacturer Registration from the AGCO in Ontario, Canada, marking a strategic milestone in the group’s global expansion.
Licensing grants Amusnet access to Ontario’s regulated iGaming market, which is one of the most established and fast-growing jurisdictions in North America, known for its robust regulatory framework and strong long-term growth potential.
It will allow the supplier to offer online gaming content to licensed operators in the province, officially establishing its presence in the region. Amusnet will initially roll out its iGaming portfolio, with the option to expand into Land-based solutions at a later stage.
Ontario’s regulatory framework emphasises strict compliance, ensuring that all suppliers adhere to high standards in technology, security and player protection. This makes Ontario a key benchmark market for companies entering North America. The new registration further confirms that Amusnet has successfully met these rigorous requirements for integrity and regulatory compliance, enabling it to distribute its content across the province.
“Securing the AGCO licence is an important milestone for Amusnet and reflects our long-term commitment to operating in fully regulated markets. Our entry into Ontario represents a key strategic step into North America, which is a high-priority region with strong long-term growth potential. We look forward to partnering with local operators and building a sustainable presence in the market,” said Ivo Georgiev, CEO of Amusnet.
The post Amusnet Marks Strategic Entry into North America with Ontario Licence appeared first on Americas iGaming & Sports Betting News.
DraftKings announced its intent to launch its online sports betting and casino products in Alberta, Canada, pending licensure and regulatory approval. If granted approval, DraftKings Sportsbook and Casino intends to be available on the province’s anticipated universal launch date of July 13, 2026, as set by the AGLC.
“We’re excited about the opportunity to expand DraftKings’ footprint in Canada and bring our online sportsbook and casino experiences to customers in Alberta. With the anticipated launch aligning with the World Cup — hosted right here in North America — it’s a particularly exciting moment for sports fans in the province to engage with our platform,” said Greg Karamitis, Executive Vice President and General Manager of Sports at DraftKings.
Alberta would represent the second province in Canada where DraftKings operates mobile sports betting and casino products, alongside Ontario. It would also mark the 34th jurisdiction in North America where DraftKings offers online sports betting, and seventh with online casino.
Eligible Alberta residents can pre-register for DraftKings Sportsbook and Casino ahead of the expected launch.
The post DraftKings Announces Intent to Launch Online Sportsbook and Casino in Alberta, Canada appeared first on Americas iGaming & Sports Betting News.
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