Te vast majority (about 90 per cent) of Ontario’s 13.6 million people live in the south and aside from being Canada’s main economic hub, agriculture is a significant industry alongside manufacturing with the auto industry, mining, and forestry major sectors.
Te provincial gaming industry is regulated by the Alcohol and Gaming Commission of Ontario (AGCO) which is responsible for administering the Gaming Control Act 1992. Te Ontario Lottery and Gaming Corporation (OLG) operates and manages casinos, slots, lottery, and internet gaming and Ontario is Canada’s largest gambling market.
In fiscal year 2022/23 the gambling industry achieved total proceeds of $9bn (up 29 per cent on the previous year). Net gaming revenue was $7.5bn with a net income of $2.3bn. Tis is compared to 2021 with $4.3bn in net gaming revenue and $1.4bn in net income.
CASINOS - Tere are 30 casinos in Ontario and 37 charitable gaming centres (bingo) which operate a total of 26,463 slots and 768 table games. Total landbased gaming (casinos, charitable and horse racing) saw $4.1bn in proceeds last year compared to $2.1 in 2021/22. Of this amount casino gaming saw $3.8bn in proceeds which was 90 per cent more than the previous year due to no closures and less constraints. In 2021/22 casinos were closed for a total of 130 days.
Te casinos transitioned to private sector operator sites with the last to transition in 2019. Tere are now eight bundles – East, Southwest, North, Ottawa, GTA, West GTA, Central and Niagara – and each can build new casinos or relocate existing ones in their bundles.
As such there have been several changes. Most recently two new casinos opened - Cascades Casino North Bay in April 2022 and Casino Wasaga Beach in February 2023. North Bay saw an investment of $41m whilst Wasaga around $34m investment. A new 5,000-seat entertainment centre called OLG Stage also opened at Fallsview Casino in March last year with a $130m private sector investment. Sportsbooks were also introduced at many casinos in the autumn of 2022 due to the new regulations.
Tere were 25.1 million casino visitors last year compared to 10.2 million in 2021/22.
HORSE RACING - Tere are 15 racetracks in Ontario and three
P102 WIRE / PULSE / INSIGHT / REPORTS
REPORT CANADA
Risers & Falls Ontario
Located in central Canada, Ontario is the country’s most populated
province with about 38 per cent of Canadians living here. It is the
second largest province in terms of area (after Quebec) and home to the nation’s capital Ottawa and the most populous city and Ontario’s
provincial capital, Toronto, which is home to six million people.
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