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Canada

Top Wealthiest Canadian Athletes? Billionaire takes the number one spot

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OLBG.com, a sports betting community platform, analyzed data surrounding Canada’s most successful athletes to identify who amongst them has the highest net worth. OLBG started by looking at Canada’s most popular sports, as well as more niche sports.

Our research revealed that the wealthiest Canadian athlete and only billionaire on the list is rally driver Peter J Thomson, with a net worth of $11 billion CAD. A majority of Thomson’s net worth comes from his businesses that are completely outside the sports realm. Wayne Gretzky takes the 2nd spot amongst the wealthiest Canadian athletes, with a net worth of $320 million CAD. Gretzky built his status through hockey, however, even after his retirement he’s continued to build his career with many other investments and business ventures both within and outside the hockey world.

Hockey is one of Canada’s most loved sports, so it comes as no surprise that six out of the top 10 wealthiest Canadian athletes are hockey players – with Sidney Crosby making it to the #6 spot with a net worth of $96 million CAD. The other four spots are taken up by one basketball player, one Formula 1 driver, one rally driver, and one baseball player.

In our top 10 list, five of the athletes are from Ontario, this includes the:  #1 spot (Peter J Thomson), #2 spot (Wayne Gretzky), #4 spot (Joey Votto), #7 spot (Chris Pronger), and #9 spot (Joe Thornton). We also have two athletes from Quebec, one from Nova Scotia, one from Alberta, and one who was born in South Africa but immigrated to British Columbia.

Comparing the salaries of high-profile rally drivers to the salaries of other high-profile athletes, we saw a staggering difference. Looking at the top players in hockey, basketball, or even baseball, their salaries far exceed what Thomson earned. The yearly salaries of sports players on our top 10 list average around $10 million, whereas a high salary for a rally driver is around $2 million. Although rally drivers are less popular and make a smaller salary than other typical sports players, our rally driver Peter J Thomson still takes the number one spot of wealthiest Canadian athlete.

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 Other findings in our research reveal a lack of equality, as a majority of our mentions are white males. There was only 1 POC and no women were included in our top 10. An investigation by CBC Sports reveals that there is a prevalent issue among Canadian sports. They looked at 400 top positions at 56 universities, and only 10% of the positions were held by POC.

 Richard Moffat, CEO at OLBG.com commented: “It’s interesting to see athletes building their businesses both during and after their athletic careers.  This research shows how being a sports personality is a real catalyst for wealth in Canada.”

For more detail and the full top list see our infographic attached in email, as well as content on site: https://www.olbg.com/ca/blogs/wealthiest-canadian-athletes

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

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ComeOn Group adds sportsbook to its offering in Ontario

 

ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

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*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

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Canada

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

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INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

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Canada

IAGR announces Toronto as host city for 2025 conference

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Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.

The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.

‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.

‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’

AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’

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Stay tuned for registration details early next year.

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