Latest news with #Moneris
CTV News
5 days ago
- Business
- CTV News
Oilers playoff run gave Edmonton restaurants a boost: Moneris report
Fans watch as the Edmonton Oilers take on the Florida Panthers during Game 6 of the NHL Stanley Cup final in Edmonton, Tuesday, June 17, 2025. THE CANADIAN PRESS/Jason Franson TORONTO — The Edmonton Oilers failed in their quest to bring the Stanley Cup home, but a new report says their playoff run gave a significant boost to spending at the city's restaurants. The report by payment processor Moneris says spending at restaurants near Rogers Place and across the city was up on game nights when the team was at home. Moneris says spending near the arena was up 58 per cent, while the rest of the city saw a six per cent increase, during the first game of the Stanley Cup final. Game 2, which was also played in Edmonton, saw spending near the rink rise 92 per cent and 10 per cent citywide. Spending for Game 5, which the Oilers lost at home, was up 79 per cent near the arena and up 18 per cent in the rest of Edmonton. The Oilers lost the best-of-seven series in Game 6 in Florida. This report by The Canadian Press was first published July 7, 2025.
Toronto Star
6 days ago
- Business
- Toronto Star
Oilers playoff run gave Edmonton restaurants a boost: Moneris report
TORONTO - The Edmonton Oilers failed in their quest to bring the Stanley Cup home, but a new report says their playoff run gave a significant boost to spending at the city's restaurants. The report by payment processor Moneris says spending at restaurants near Rogers Place and across the city was up on game nights when the team was at home.
Edmonton Journal
6 days ago
- Business
- Edmonton Journal
Edmonton Oilers local spending during Stanley Cup Final trumped by conference championship
While the Edmonton Oilers ' return to the Stanley Cup Final ended in disappointment, the series pushed spending near the arena to almost double the daily average. Article content In a recent report, payment processing company Moneris released the latest data on spending in Edmonton during the Stanley Cup Finals. After cataloguing spending during Oilers playoff games, the company tracked a growing economic response to the Oilers' cup run that showed strong spending statistics in the finals. Article content Article content Article content Spending near the arena during the second Stanley Cup Final game, held in Edmonton, hit an impressive 92 per cent increase over a regular, non-gameday evening. The jump in spending was the second-highest increase recorded during this year's playoffs. Article content Article content Moneris' breaks down gameday transactions for debit and credit cards and compares them to non-gameday transactions to analyze how Oilers games affect local spending behaviour near the arena and throughout Edmonton. Article content It's worth noting that there are other payment processing companies that local restaurants and bars might use, which this data would not include. Article content Article content Unsurprisingly, the biggest increases in spending between gamedays and non-gamedays came both near the arena and while the Oilers were playing at home. Article content Article content In the first round, the second home game saw spending rise to 89 per cent above average near the arena and 24 per cent across the city. It was once again the second game in the second round that saw the biggest spending increase near the arena at 69 per cent. It was the preceding home game that saw the biggest spending increase throughout the city at 13 per cent. Article content As impressive as it was for spending to hit 92 per cent above the average during the last round, it was the third round of the playoffs that took the cake for the largest increase for a single game spend, a 143 per cent hike in spending during the team's second home game of the series.
Global News
6 days ago
- Business
- Global News
Oilers playoff run gave Edmonton restaurants a boost: report
The Edmonton Oilers failed in their quest to bring the Stanley Cup home, but a new report says their playoff run gave a significant boost to spending at the city's restaurants. The report by payment processor Moneris says spending at restaurants near Rogers Place and across the city was up on game nights when the team was at home. Moneris says spending near the arena was up 58 per cent, while the rest of the city saw a six per cent increase, during the first game of the Stanley Cup final. Story continues below advertisement Game 2, which was also played in Edmonton, saw spending near the rink rise 92 per cent and 10 per cent citywide. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Spending for Game 5, which the Oilers lost at home, was up 79 per cent near the arena and up 18 per cent in the rest of Edmonton. The Oilers lost the best-of-seven series in Game 6 in Florida.
Hamilton Spectator
6 days ago
- Business
- Hamilton Spectator
Oilers playoff run gave Edmonton restaurants a boost: Moneris report
TORONTO - The Edmonton Oilers failed in their quest to bring the Stanley Cup home, but a new report says their playoff run gave a significant boost to spending at the city's restaurants. The report by payment processor Moneris says spending at restaurants near Rogers Place and across the city was up on game nights when the team was at home. Moneris says spending near the arena was up 58 per cent, while the rest of the city saw a six per cent increase, during the first game of the Stanley Cup final. Game 2, which was also played in Edmonton, saw spending near the rink rise 92 per cent and 10 per cent citywide. Spending for Game 5, which the Oilers lost at home, was up 79 per cent near the arena and up 18 per cent in the rest of Edmonton. The Oilers lost the best-of-seven series in Game 6 in Florida. This report by The Canadian Press was first published July 7, 2025.
