Queen's Park Observer

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Gridiron green: OLG sportsbook gets $3M in bets
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Gridiron green: OLG sportsbook gets $3M in bets

Plus, PCs hit the fundraising circuit, how to get a stat holiday, Ford talks economy, and a big RFP

Sabrina Nanji's avatar
Sabrina Nanji
Sep 10, 2021
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Queen's Park Observer
Queen's Park Observer
Gridiron green: OLG sportsbook gets $3M in bets
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ABOVE THE FOLD

Canadians are betting on the Buffalo Bills to take the Superbowl. But I like the Dallas Cowboys (I know, I know). Photo: Getty

ACE IN THE HOLE — OLG’s new digital sportsbook is making bank.

Football is back and Canadian bettors are making it rain cash — now that they can legally wager on single games and more. And with baseball season in full swing, that’s helped bring in over $3 million in wagers since the provincial agency launched PROLINE+ two weeks ago, when the federal government’s sports-betting changes came into force.

OLG is running the only legal online book in the province — but that could change around December, when the government is expected to launch the new iGaming program and bring in private-sector firms like DraftKings and The Score — which had pegged the Ontario market’s potential at up to $2-billion in annual revenue.

Right now, the government-owned lottery has a leg-up on future competition — but the grey market still exists, and OLG is bringing in more …

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