Gilles Seguin
Ottawa, ON (CAN)
Role(s):
Sports Lottery Insight
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Startup
Location:
Ottawa
Industry:
Entertainment
Year Founded:
2008
Number Employees:
INVALID
Description:
In the eighteen-year history of the Ontario Lottery Sports Gaming operation, more than $3 Billion in sales and more than $ 900 million in gross contribution has been turned over to the Ontario government.
Although a committed player base of 350,000-400,000 Ontario players generate that $250 million in annual sales, less than 60% of these sales are being paid out to the players. Why? There are no existing services that provide odds analysis to meet the specific needs of the provincial sports lottery player. Although there are many publicly
available odds information sources, the data they provide is of little value to this type of player. Across Canada, all provincial sports lottery products are based on parlay style wagering which requires the player to wager on a combination of events.