Single-Game Sports Betting Is Prosperous In Ontario
The Ontario Lottery and Gaming Corporation have apparently marked a very successful start to Canada’s single-game Sports Wagering market. This was due to them processing some $591,000 worth of stand-alone bets for five days.
Canada legalized single-game sportsbetting in June according to sportshandle.com – an online news website – via a passage of C-218 also known as the Safe and Regulated Sports Betting Act. In doing so they changed the nation’s laws as to allow customers to place legal bets on individual sports events such as Football, Ice Hockey, and Baseball.
From 27 August approximately 14.8 million people… along with many sports betting aficionados in Ontario Canada are permitted to wager on single-game sports. The succeeding five days then evidently saw the Ontario Lottery and Gaming Corporation’s new mobile-friendly Proline+ online sportsbook produce around $799,000. 74% of this amount was generated by individual match-up markets.
Dave Pridmore is the Chief Digital and Strategy Officer for the state-owned Ontario Lottery and Gaming Corporation. He allegedly proclaimed that the debut of single-game wagering for online gamblers in Canada’s wealthiest province. This is expected to give his organization an advantage over the many private operators over the period of the next few months.
A statement from Pridmore…
“Ontario bettors had been waiting for a best-in-class option to place bets and that’s exactly what the Ontario Lottery and Gaming Corporation has delivered with Proline+. This product is competitive and exciting and players are seeing that.”
Single-Games Sports Betting Growth
With single-game sportsbetting reportedly going live in Quebec, Alberta, Manitoba, and British Columbia. With over 1,200 new registrations last week alone, while experiencing a 96% swell in the number of wagers as its accumulated handle rose by 72%.
41% of the business processed by PlayNow.com in last week along with 53.5% of the site’s overall handle had concerned single-game wagers – sportshandle.com reported. As an aside, it exposed that $32,000 had been wagered on the fight between Jake Paul and Tyron Woodley by punters in the Western Province.
If it were located in the United States, Ontario would be a top-ten online sportsbetting market according to sportshandle.com. With the territory’s performance only expected to improve as betting enthusiasts get attracted to the latest National Football League (NFL) and National Hockey League (NHL) seasons.