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The global outlook
GLOBAL OUTLOOK: CANADA FOCUS CANADA FOCUS
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Ontario sports and racing handle (C$m) 2009-2019
2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 Racing handle 1,039 999 935 857 840 855 889 860 840 805 Sports games sales 266 269 272 257 286 299 294 298 298 303 Total 1,306 1,268 1,207 1,114 1,126 1,154 1,183 1,158 1,138 1,108 Sports games as a % of total 20% 21% 23% 23% 25% 26% 25% 26% 26% 27%
As we can see from the data, Ontario Lottery and Gaming Corporation sports betting games sales and Ontario racing handle show a gradual decline in racing handle and a parallel increase in sports wagering. Most years during the period in question, the percentage of Ontario's sports betting handle increased – although it still holds a minority share of overall handle.
As the table shows, Ontario accounts for a hefty 38% of Canada's overall gross gaming yeild. Quebec, British Columbia and Alberta form its 'second tier' of gaming regions.
Territories
Northwest Territories, Nunavut
Yukon Territory
Prince Edward Island
Newfoundland and Labrador
New Brunswick
Nova Scotia
Saskatchewan
Manitoba
Alberta
British Columbia
Quebec
Ontario
2
15
63
274
313
356
741
803
2,634
2,649
2,788
6,516
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000
*All values represent regulated, licensed gaming in Canada and not offshore
Canadian GGY by product in 2019
Territories
Northwest Territories, Nunavut
Yukon Territory
27%Prince Edward Island
Newfoundland and Labrador
New Brunswick
Nova Scotia
Saskatchewan
Manitoba
2
1%
7%
Horse betting
15
63
274
313
356
24%
741
803 41%
Casino
Gaming machines
Lottery and sports betting
Charitable gaming In 2019, the data shows casino took up the lion's share of Canadian gross gaming yield (GGY). Lottery and sports betting came second, with gaming machines third. Charitable gaming produced just 7% of revenue, although horse betting barely registered with 1% of total revenue. It will be interesting to see if revenue goes up or down for the Canadian sports betting market, once single-event sports wagering is legalised. This will increase the amount of sports betting – but does give bettors a greater chance to win.
Alberta
British Columbia
Quebec
2,634
2,649
2,788
6,516
Sports betting sales 2007/08 0 2008/091,000 2009/102,000 2010/113,000 2011/124,000 2012/135,000 2013/146,000 2014/157,000 2015/16 2016/17 2017/18
52 52 50 45 52 50 56 55 66 77 86
Racing handle 136 98 19 30 44 79 78 76 72 69 68 Total 188 150 69 75 96 128 134 131 138 146 154 Sports betting as % of total 28% 35% 72% 60% 54% 39% 42% 42% 48% 53% 56%
Loto-Quebec sports betting sales and Quebec's racing handle (C$m), show sports betting has increased significantly over the years, growing from less than a third of overall handle to eventually representing over half in 2017/18.
200
150
(US$m)
100
50
Canadian Online GGY Generated from local licences (US$m)
101
69 100
69 112
72 124
77 135
81 150
64 158 164
83 87 171
91 176
96 183
101
Sports
0
2015 2016 2017 2018 2019 2020p 2021f 2022f 2023f 2024f 2025f
Casino (including poker and bingo)
Canadian regulated gross gaming yield has been steadily on the rise recently but is projected to considerably increase its growth this year and beyond.
*All values represent regulated, licensed gaming in Canada and not offshore