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  • Gambling-related bankruptcies have quadrupled in Ontario since iGaming's introduction

Gambling-related bankruptcies have quadrupled in Ontario since iGaming's introduction

Insolvency Insider
Insolvency Insider

Dec 12, 2025

Gambling-related bankruptcies have quadrupled in Ontario since iGaming's introduction

Carly Penrose reports that gambling-related bankruptcies in Ontario have surged more than 330% since the launch of private iGaming and single event sports betting, with counsellors warning that easy 24/7 mobile access, aggressive advertising, and rapid-fire microbets are driving a hidden wave of financial distress that is increasingly ending in insolvency.

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