"The top five Canadian operators capture more than 60% of the country's competitive earning baseline, with Stake and Roobet leading the market. Offshore platforms dominate every province except Ontario, where a regulated market has been established."
"Saskatchewan operates with a 93% offshore market share, while Alberta and Manitoba both sit at 88%. These provinces utilize monopoly models that limit the product depth and interface flexibility available to consumers."
"David Henwood, Director at H2 Gambling Capital, noted that one of the main reasons customers prefer offshore betting sites is the broader range of products they offer compared to onshore options."
Stake and Roobet are the leading operators in Canada's online gambling market, capturing more than 60% of the competitive earnings. Offshore platforms dominate every province except Ontario, where a regulated market was established. Saskatchewan has a 93% offshore market share, while Alberta and Manitoba have 88%. The dominance of unlicensed offshore brands is attributed to their broader range of products compared to government-operated platforms. Ontario's open market has achieved 85% regulated channelization since its launch in April 2022, contrasting with the monopoly models in other provinces.
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