2024's Most Impactful Canadian Digital Gaming Industry Developments

2024's Most Impactful Canadian Digital Gaming Industry Developments

By Michael Harrison

January 1, 2025 at 05:53 PM

The Canadian digital gaming industry saw significant developments in 2024. Here are the key highlights:

Alberta's New Gaming Regulations Alberta announced plans for a competitive, regulated iGaming model similar to Ontario's. Major operators like PointsBet Canada, Betway, PENN, and NorthStar expressed interest, with an expected launch in mid-2025.

Ontario's Market Expansion

  • 50 licensed operators and 82 gaming websites
  • Q2 2024-25 total wagers: $18.7 billion (31.7% year-over-year increase)
  • Gaming revenue: $738 million (35.4% year-over-year increase)
  • Created 15,000 jobs
  • Generated $1.24 billion in government revenues

Canadian flag waves against blue sky

Canadian flag waves against blue sky

New Advertising Standards AGCO implemented stricter advertising rules in February 2024:

  • Banned athletes from iGaming advertising
  • Restricted celebrity endorsements appealing to minors
  • Public poll showed 68% of Canadians support advertising restrictions

Market Participation 86.4% of Ontario players now use regulated gaming sites, up from 85.3% in 2023, compared to 70% using unregulated sites before market launch.

Legal Developments

  • Ontario Superior Court upheld the province's iGaming model against MCK's challenge
  • Bill S-269 for national advertising standards awaits House of Commons approval
  • Legislative delays and upcoming October 2024 election may impact bill passage

Ontario's success demonstrates the potential of regulated iGaming markets, while new advertising restrictions show commitment to responsible gambling practices.

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