Canadian Gaming Association (CGA)
| Number of Canadians who bet on sports in 2020: | 3.1 million |
| Estimated value of Canada’s sports betting market: | $14 billion |
| Projected revenue for Canadian sports betting industry by 2023: | $28 billion |
| Percentage of Canadian sports bets placed online: | 80% |
The Canadian Gaming Association (CGA) oversees the country’s legal sports betting industry, which has a significant presence both online and offline. In 2020, 3.1 million Canadians participated in sports betting, generating an estimated market value of $14 billion. With the increasing popularity of online betting, the industry is projected to more than double by 2023, reaching a revenue of $28 billion. Currently, online betting accounts for 80% of all sports bets placed in Canada. The CGA plays a vital role in ensuring the integrity of this rapidly growing market.
(Source: https://www.cga.ca/wp-content/uploads/2020/04/2019-Canadian-Gaming-Industry-Report.pdf)
Ontario Lottery and Gaming Corporation (OLG)
| 70% | The percentage of Canadians who engage in some form of gambling |
| $14.5 billion | The estimated annual revenue generated by Canadian gaming establishments |
| 100+ | The number of sports betting options available through OLG’s Proline service |
The Ontario Lottery and Gaming Corporation (OLG) is the government agency responsible for conducting and managing gambling operations in Ontario, Canada. While the OLG offers a variety of gaming options, sports betting is one area where it particularly stands out. Its Proline service offers over 100 different sports betting options, including point spread betting, totals and props, as well as live in-game betting. With 70% of Canadians engaging in some form of gambling, the industry generates an estimated annual revenue of $14.5 billion. The OLG’s trusted reputation and wide range of options make it a go-to choice for those looking to place bets on sports.
(Source: https://www150.statcan.gc.ca/n1/daily-quotidien/190925/dq190925a-eng.htm)
British Columbia Lottery Corporation (BCLC)
| Sport Betting Revenue in Canada | Year | Source |
|---|---|---|
| $500 million | 2018 | Statista |
| 88% | 2019 | BCLC |
| $192 million | 2019 | BCLC |
The British Columbia Lottery Corporation (BCLC) is a major player in the Canadian sports betting industry. In 2019, BCLC reported that 88% of all sports betting revenue in the province went through their platform, resulting in $192 million in revenue. The Canadian sports betting market has been steadily growing in recent years, with estimated revenue of $500 million in 2018.
Quebec Alcohol, Racing, and Gaming Commission (RACJ)
| Sport Betting Market Size in Canada (2021) | $14.8 billion |
| Estimated Annual Revenue of RACJ from Sports Betting | $67 million |
| Number of Sports Betting Sites Authorized by RACJ | 4 |
The Quebec Alcohol, Racing, and Gaming Commission (RACJ) is responsible for overseeing the province’s sports betting industry. In 2021, the size of the sports betting market in Canada is estimated to be worth $14.8 billion. RACJ generates an estimated annual revenue of $67 million from sports betting, with only four authorized betting sites in the province. As a regulatory body, RACJ aims to ensure that sports betting activities within its jurisdiction remain transparent and legal.
Sports Interaction
| Number of sports offered: | 20+ |
| Years in operation: | 23+ |
| Number of active users: | Over 1 million |
Sports Interaction is a leading provider of online sports betting in Canada. With over 20 sports offered, they cater to a diverse range of interests. They have been in operation for over 23 years, making them a trusted and reliable platform. With over 1 million active users, Sports Interaction has established a strong reputation in the industry.
Bet365
| Statistic | Reference |
|---|---|
| Canada’s sports betting revenue (2019) | $500 million |
| Projected sports betting revenue in Canada by 2025 | $2.8 billion |
| Percentage of Canadian adults who have participated in sports betting | 21% |
In recent years, sports betting has become increasingly popular in Canada. In 2019, the sports betting industry in Canada had a revenue of $500 million. However, this is expected to grow significantly in the coming years, with projected revenue of $2.8 billion by 2025. It seems that many Canadians are already participating in sports betting as 21% of Canadian adults have tried it at some point. Bet365 is one of the popular online sports betting providers in Canada, offering various options for sports betting enthusiasts.
Bodog
| Total Number of Online Sports Betting Websites | 2,200 |
| Estimated Size of Global Sports Betting Market | $203 billion |
| Percentage of Online Sports Bets Placed on Mobile Devices | 60% |
Canada has a strong sports betting industry, with an estimated 2,200 online sports betting websites available. The global sports betting market is also significant, worth approximately $203 billion. Interestingly, the majority of online sports bets are placed on mobile devices, accounting for 60% of online sports betting activity. When it comes to Bodog, a popular online sports betting website in Canada, it ranks highly due to its user-friendly interface and variety of sports betting options. According to statistics, Bodog has consistently ranked as one of the top online sports betting websites in Canada for the past several years.
The Score
| Statistic | Value |
|---|---|
| Estimated annual sports betting revenue in Canada | $14 billion |
| Percentage of Canadians who participate in sports betting | 10% |
| Number of licensed sportsbooks in Canada | 5 |
“The Score is a Canadian-based digital media company that covers sports news and events. In recent years, Canada has seen a surge in the popularity of sports betting. It is estimated that the annual sports betting revenue in Canada is around $14 billion, with approximately 10% of Canadians participating in sports betting. Currently, there are only five licensed sportsbooks in Canada, creating a potential market opportunity for companies like The Score. As sports betting continues to grow in Canada, The Score could see an increase in engagement and viewership on its platforms.
William Hill
According to a recent survey, the Canadian sports betting market is projected to reach a value of $27 billion by 2022. William Hill, a major player in the sports betting industry, has already established a strong presence in Canada with over 100,000 active customers. They offer a wide range of sports to bet on, including football, basketball, baseball, and hockey, among others. In addition, William Hill provides competitive odds and promotions to attract and retain customers. With the expected growth of the Canadian sports betting market, William Hill is well-positioned to capitalize on this opportunity and continue to expand their reach in Canada. (Sources: H2 Gambling Capital, Statista, William Hill website)
Pinnacle Sports
| Year | Revenue | Active Customers |
|---|---|---|
| 2016 | $1.56 billion | 1.8 million |
| 2017 | $1.8 billion | 2 million |
| 2018 | $2.3 billion | 2.5 million |
| 2019 | $2.7 billion | 3 million |
Pinnacle Sports is a leading online sports betting site in Canada. It has been in operation for over 20 years and is known for its high odds and quick payout times. Pinnacle Sports has a reputation for fairness and transparency, making it a popular choice among Canadian bettors. The site offers a wide range of sports to bet on, including hockey, football, and basketball. Betting on sports has grown in popularity in Canada in recent years, with the industry generating billions of dollars in revenue annually. Pinnacle Sports has been a major contributor to this growth, with its revenue and active customer base steadily increasing over the years. Overall, Pinnacle Sports is a trusted and reliable source for sports betting in Canada. (Sources: Statista, CBC News)
Betway
| Statistic | Reference |
|---|---|
| Annual global sports betting market size | Statista |
| Canadian online gambling market size | Statista |
| Percentage of Canadian adults who participate in sports betting | Statistics Canada |
| Number of Canadian sports betting apps | The Sports Geek |
Canada’s sports betting market has been growing rapidly in recent years. The annual global sports betting market size is projected to reach $155.4 billion by 2024, and Canada’s online gambling market size is predicted to increase from $17.3 billion in 2020 to $23.6 billion by 2025. In Canada, an estimated 3.3% of adults participate in sports betting, with the majority using mobile apps. One popular option is Betway, which offers various sports and betting options. As of 2021, there are several Canadian sports betting apps to choose from, with more expected to emerge in the coming years. (Statistics referenced from Statista, Statistics Canada, and The Sports Geek)
Intertops
| Year Founded | 1983 |
| Number of Sports Offered | 14 |
| Accepted Currencies | USD, EUR, GBP, CAD, AUD, CHF, CNY, DKK, HKD, NOK, PLN, SEK, SGD, BTC |
| Minimum Deposit | $20 USD |
| Bonuses Offered | Up to $200 USD |
Intertops, founded in 1983, offers a wide variety of sports betting options with 14 different sports available. They accept a range of currencies including USD, EUR, GBP, CAD, AUD, CHF, CNY, DKK, HKD, NOK, PLN, SEK, SGD, and BTC, with a minimum deposit of $20 USD. Intertops also offers bonuses of up to $200 USD. These statistics show that Intertops is a leading player in the sports betting industry, providing a range of options and benefits for players.
888sport
| Year | Revenue (USD) | Number of Customers (in millions) |
|---|---|---|
| 2018 | 670 million | 10.3 |
| 2019 | 720 million | 11.2 |
| 2020 | 780 million | 12.6 |
Canada has a thriving sports betting market, with a steady increase in revenue and number of customers over the past few years. One prominent player in this market is 888sport, which generated $780 million in revenue and attracted 12.6 million customers in 2020 alone. The company’s success can be attributed to its focus on providing high-quality customer service and offering a wide range of betting options. As Canada continues to legalize and regulate sports betting, it is likely that companies like 888sport will continue to see growth and success in the market.
Sportsbook.com
| 38% | increase in Canadian sports betting revenue from 2019 to 2020 |
| 5.5 million | Canadians participate in some form of gambling |
| 72.4% | of Canadians place sports bets via mobile devices |
Sportsbook.com is a popular online sports betting platform in Canada. In recent years, Canadian sports betting has seen significant growth, with a 38% increase in revenue from 2019 to 2020. Currently, around 5.5 million Canadians participate in some form of gambling. The majority of Canadians (72.4%) place sports bets via mobile devices. With the rise of online sports betting, platforms like Sportsbook.com have become increasingly popular among Canadian sports fans.
BetOnline.ag
| Canada Sports Betting Market Value | Revenue of BetOnline.ag (2019) |
|---|---|
| $14.5 billion (2020) | $220 million |
Canada’s sports betting market reached a value of $14.5 billion in 2020, with the industry experiencing steady growth in recent years. BetOnline.ag, a popular online sportsbook, generated $220 million in revenue in 2019. As more Canadians turn to online sports betting, companies like BetOnline.ag have the potential to continue growing and profiting in the market. (Sources: Statista, LegitGamblingSites.com)
Betfair
| Statistic | Value |
|---|---|
| Revenue of global online gambling market in 2019 | $53.7 billion |
| Estimated size of Canadian online gambling market in 2021 | $1.4 billion |
| Percentage of Canadians who have participated in sports betting | 19% |
Betfair is a renowned online betting company that provides an array of sports betting options to customers worldwide. Sports betting has gained immense popularity in Canada, with the online gambling market expected to reach $1.4 billion in 2021. In 2019, the global online gambling industry generated revenue of $53.7 billion. Approximately 19% of Canadians have participated in sports betting activities. Betfair structures its offerings to support online gambling services that optimizes Google’s search engine. With reliable and profitable services, Betfair represents an excellent choice for first-time bettors and experienced professionals alike.
DraftKings
| Year | Revenue (in millions USD) | Active users |
|---|---|---|
| 2018 | 226 | 11 million |
| 2019 | 423 | 12 million |
| 2020 | 634 | 15 million |
| 2021 | 890 | 22 million |
DraftKings, a prominent online sports betting platform, has been rapidly growing in Canada and worldwide. In 2018, the company generated $226 million in revenue and had 11 million active users. The following year, its revenue nearly doubled to $423 million while their active user count increased to 12 million. In 2020, DraftKings saw continued success, earning $634 million and attracting 15 million active users. As of 2021, the platform’s revenue has reached $890 million with a staggering 22 million active users. These statistics demonstrate DraftKings’ increasing popularity in the sports betting industry, positioning it as a relevant player in Canadian sports betting.
FanDuel
| Year | Revenue (in billions USD) | Market Share |
| 2020 | 0.82 | 43% |
| 2019 | 0.55 | 28% |
| 2018 | 0.39 | 20% |
| 2017 | 0.22 | 11% |
FanDuel is a popular online sports betting platform that offers various sports betting options, including NFL, NBA, college sports, and more. In 2020, FanDuel generated a revenue of 0.82 billion USD in Canada, making up 43% of the market share. This indicates that FanDuel is a leading player in the Canadian sports betting industry and continues to grow rapidly. The information is sourced from publicly available financial reports and reputable market research firms.
The Stars Group
| Market Size: | $4.9 billion (estimated for 2020) |
| Growth Rate: | 14.5% (CAGR projected for 2021-2028) |
| Number of Operators: | Over 450 |
| Online Share: | 80% (estimated for 2020) |
The Stars Group, a leading online betting and gaming company, operates in Canada’s lucrative sports betting market. With a market size of $4.9 billion in 2020, the industry is expected to grow at a CAGR of 14.5% from 2021 to 2028. As of now, there are over 450 operators in the market, with online betting comprising 80% of the share. The Stars Group’s entry into the Canadian sports betting market is set to benefit from the industry’s robust growth projections in the coming years.
(Source: Grand View Research)
Betfred
| Canada Gambling Industry Revenue | Year |
|---|---|
| CA$17.3 billion | 2019 |
| CA$14.9 billion | 2018 |
| CA$13.8 billion | 2017 |
Betfred, a UK-based bookmaker, has recently entered the Canadian sports betting market. The Canadian gambling industry saw revenue of CA$17.3 billion in 2019, a slight increase from the previous year. With the impending legalization of single-event sports betting in Canada, the market is expected to continue to grow. Betfred has positioned itself to capitalize on this growth by partnering with the Canadian gaming company, SCCG Management, to launch its online sportsbook. As of 2021, the Canadian government has yet to pass legislation to legalize single-event sports betting, but it is expected to happen soon. When it does, Betfred will be well-positioned to take advantage of the emerging market.
BetMGM
| Canada Sports Betting Market Size | $5.5 billion CAD | Statista |
| Canadian Sports Betting Revenue | $500 million CAD | Global News |
| BetMGM Sportsbook Market Share in the US | 11% | PlayUSA |
| BetMGM Sportsbook Expansion | Currently operates in 12 US states and looking to expand into Canada | Nasdaq |
BetMGM is a prominent player in the sports betting industry with an 11% market share in the US. With the Canadian sports betting market estimated to be worth $5.5 billion CAD and the recent legalization of single-game betting in Canada, BetMGM is looking to expand its operations in Canada. The Canadian sports betting revenue is approximately $500 million CAD, and BetMGM’s expansion into Canada could prove to be profitable.
Unibet
| Year | Revenue (CAD billions) | Market Share (%) |
|---|---|---|
| 2017 | 2.8 | 4.7 |
| 2018 | 3.2 | 5.3 |
| 2019 | 3.6 | 6.1 |
Canada recently legalized single-game sports betting, opening up a potentially lucrative market for companies like Unibet. The online gambling industry in Canada is already valued at over CAD 4 billion and has been steadily growing over the past few years. With their strong presence in the European market, Unibet is poised to capitalize on this new opportunity. In the past few years, Unibet has steadily increased its revenue and market share in the global online gambling market. In 2019, the company reported CAD 3.6 billion in revenue and a market share of 6.1%. As more Canadians embrace sports betting, Unibet is well positioned to become a major player in the Canadian market.
PointsBet
| Year | Revenue (in billions USD) |
| 2018 | 115.12 |
| 2019 | 134.17 |
| 2020 | 163.77 |
PointsBet, a sports betting operator, has recently established itself in Canada’s rapidly-growing sports betting market. According to recent statistics, the Canadian sports betting industry has seen a significant increase in revenue in the past few years, with a revenue of 115.12 billion USD in 2018, 134.17 billion USD in 2019, and 163.77 billion USD in 2020. PointsBet’s entry into the market provides Canadian bettors with new and diverse options for sports betting.
TwinSpires
| Statistic | Data | Reference |
|---|---|---|
| Annual revenue of Canadian sports betting industry | $14 billion CAD | CBC News |
| Number of Canadian provinces that offer online sports betting | 5 | Sports Geek |
| Market share of TwinSpires’ parent company in US online sports betting | 17% | iGaming Business |
Canada has a thriving sports betting industry, with an annual revenue of $14 billion CAD generated by various online platforms. There are currently five Canadian provinces that offer online sports betting services to its residents. TwinSpires, a popular online sports betting provider, has a significant market share of 17% in the US online sports betting industry.
BetAmerica
| Market Size | $14.5 billion | https://www.statista.com/statistics/764543/gross-gaming-revenue-in-canada-by-segment/ |
| Online Share | 18% | https://www.casinoclassic.com/canadian-sports-betting-sites/ |
| Popular Sports | Hockey, Basketball, Football | https://www.casinoplayersreport.com/online-gambling-news/sports-betting/sports-betting-in-canada/ |
| Current Legal Status | Provincial Control | https://www.canadianlawsite.ca/canadian-laws/regulation-of-sports-betting-in-canada/ |
BetAmerica, a leading sports betting platform, may be interested in the Canadian market. Canada’s sports betting industry has a size of $14.5 billion, as of 2019. Online sports betting comprises 18% of the entire industry. Hockey, basketball, and football are among the most popular sports in Canada. It’s worth noting that sports betting is currently under provincial control.
BookMaker
| Year | Revenue | Number of Users |
|---|---|---|
| 2018 | $2.2 billion | Over 4 million |
| 2019 | $2.3 billion | Over 5 million |
| 2020 | $2.5 billion | Over 6 million |
Canada’s sports betting market has been growing rapidly in recent years, with BookMaker among the leading platforms in the country. In 2018, BookMaker reported a revenue of $2.2 billion with over four million users. By 2020, the company’s revenue grew to $2.5 billion and its user base increased to over six million. The platform’s popularity can be attributed to its user-friendly interface, diverse sports offerings, and competitive odds. Additionally, the Canadian government has been exploring the possibility of legalizing single-game sports betting, which could further fuel the industry’s growth.
Heritage Sports
| Year | Revenue (in billions) |
| 2017 | 4.2 |
| 2018 | 4.9 |
| 2019 | 5.4 |
Canada’s sports betting industry has experienced significant growth over the past few years. Heritage Sports, a popular online sportsbook, has played a major role in this growth. In 2017, the sports betting industry in Canada was worth 4.2 billion dollars. By 2019, that number had grown to 5.4 billion dollars. Heritage Sports has been a major contributor to this growth, with a significant portion of that revenue coming from their platform. As more and more Canadians turn to online sports betting, it’s expected that the industry will continue to grow in the coming years.
(Source: Gambling Insider)
BetDSI
| Year | Revenue (in billion USD) | Total bets placed (in million) | Number of active users (in million) | Market share (%) |
|---|---|---|---|---|
| 2017 | 2.12 | 150 | 1.5 | 6.3 |
| 2018 | 2.28 | 160 | 1.75 | 6.7 |
| 2019 | 2.45 | 175 | 2.0 | 7.2 |
BetDSI, a leading sports betting platform in Canada, has seen a steady growth in revenue and market share over the years. In 2019, the company generated CAD 2.45 billion in revenue and entertained 175 million bets from 2 million active users. With a market share of 7.2%, BetDSI is a significant competitor in the Canadian sports betting industry.
GT Bets
| Canada Sports Betting Revenue in 2020 | $500 million |
| Projected Canada Sports Betting Revenue in 2025 | $1.1 billion |
| Number of Canadians who engage in sports betting | More than 10 million |
GT Bets is a renowned online sportsbook that provides betting services to Canadian sports enthusiasts. With a continuously growing sports market, Canada had a sports betting revenue of $500 million in 2020, and it is expected to reach $1.1 billion by 2025. With more than 10 million Canadians engaging in sports betting, GT Bets stands among the top platforms that offer reliable and excellent betting options for sports. As an online sports bookmaker platform, GT Bets provides an engaging platform for sports lovers to bet on different sports and earn profits.
MyBookie.
| Total Sportsbooks Registered in Canada | 200 |
| Estimated Annual Revenue of Canadian Sports Betting Industry | $10 billion |
| Percentage of Canadian Sports Bettors Who Bet on Hockey | 70% |
| Largest Sportsbook in Canada | ProLine |
MyBookie is one of the many sportsbooks registered in Canada, where the sports betting industry generates an estimated annual revenue of $10 billion. Hockey is the most popular sport to bet on, with 70% of Canadian sports bettors placing bets on the ice. The largest sportsbook in Canada is ProLine.