In its first year, Ontario's iGaming market has created over 12,000 jobs
These findings and other economic benefits are detailed in the report titled "Economic Contribution of Ontario's Regulated Gambling Market." Researchers predict that the province's regulated market could generate up to 22,000 full-time jobs, with its GDP contribution potentially rising to CAD 4.7 billion (around RUB 297.6 billion) annually. The gaming industry is expected to reach these figures by 2031-2032.
Dave Forestall, chair of iGaming Ontario, commented, "Today's report demonstrates that the newly regulated gambling market in Ontario is providing real benefits to every resident, whether they gamble or not. The iGaming industry is truly a driver of Ontario's economy. Together, we can help achieve our goal of becoming a leader in the global gambling market right here at home."
The report indicates that workers in the province's gambling sector earn an average annual salary of CAD 103,000 (about RUB 6.5 million), which is 41% higher than the average salary across all industries in Ontario.
During the 2022-2023 period, the province's economy added approximately CAD 1.14 to its GDP for every dollar spent by gambling operators on operational or capital expenses. According to the report, this figure is expected to increase to CAD 1.78 in GDP for every dollar spent by 2031-2032.
The study provides a market analysis as of April 26, 2023, based on data exchange, secondary research, and interviews with stakeholders in the gaming industry.
Notably, the total revenue of the three casinos in Detroit exceeded $105 million in May.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
