Ontario’s private-label online gambling and online casino sector have only been operational for a month, but it has already shown to be highly competitive for operators. Greg Warren, a sports betting expert, believes the new system will only get more aggressive in the coming years.
Sports Betting Predictions in Ontario
Here are the following strong predictions from Ontario’s sports betting experts:
Continuous Growth of Competition
Everyone is expecting DraftKings to enter the market, but AGCO has yet to authorize them. When the sportsbook opens, expert believes it will be a big hit in the area. Although functioning in the grey sector, Ditto, a BetWay label, has had a significant share of Ontario’s economy in the last year. He anticipates the platform arriving in the province inside the next months and that it will perform effectively.
An Excellent Start
PointsBet has also officially announced a collaboration with the Ottawa Redblacks of the Canadian Football League, which will begin its 2022 season in June. In addition, various publications have revealed that Penn National Gaming’s theScore Bet has had a successful introduction in the local market.
Penn National Gaming recently purchased the Toronto-based sports gambling company. For only the first ten days of the new market, there Bet and bet365 were the 2 most installed apps, according to Barclays Equity Research.