Ontario iGaming revenue breaks CA$7 billion mark yet again

This monumental figure confirms Ontario’s status as a dominant and rapidly maturing North American iGaming market. The province also saw an overall year-on-year rise of 32% from 2024 to 2025.

Ontario's record-breaking momentum continues

The province’s growth metrics solidify the market’s blistering upward trajectory since its launch in April 2022. The total handle represents a 5% month-on-month (MoM) increase from August’s CA$8.14 billion record, and a massive 30.7% year-on-year (YoY) jump compared to September 2024.

Overall financial health remains strong

The Non-Adjusted Gross Gaming Revenue (NAGGR) across all verticals totalled CA$329.4 million, representing an impressive 18.8% YoY increase. Furthermore, the province saw an all-time high of nearly 1.2 million active player accounts, up 36% YoY, demonstrating a substantial expansion of the regulated player base.

Online casinos claim the lion’s share of revenue

The consistent, quiet engine of the regulated market is online casino gaming, a reliable workhorse that echoes the dominance observed in mature US jurisdictions.

In September, online casino wagers hit a record CA$7.34 billion, marking the second consecutive month this segment surpassed the CA$7 billion threshold. This vast wagering volume translated directly into revenue supremacy, crushing the market share of all other verticals combined.

The difference in Gross Gaming Revenue (GGR) market share between verticals illustrates where the true profit lies:

Vertical	Gross Gaming Revenue (GGR)	Market share of total GGR
Online casino	CA$277.8 million	84%
Sports betting	CA$46.5 million	14%
Peer-to-peer poker	CA$5.1 million	2%

The drivers of success

This sustained financial success is primarily driven by the 'sticky' nature of slots, live dealer table games, and classic online casino content, which attract a high volume of small, consistent bets.

Crucially, this growth is being driven by some of the biggest global players in the industry. Aggressive marketing, content localization, and product innovation from leading operators.

The sports betting paradox: high activity, low profit

In contrast to the stability of the casino vertical, the sports betting segment presented a paradox. While the handle surged 39% MoM to CA$1.06 billion (the highest total since April), driven by the kick-off of major league sports, the resulting revenue was highly volatile.

Gross revenue for sports betting plummeted to CA$46.5 million, its lowest monthly total in 2025 and a steep 35% YoY decline.

Is Ontario the blueprint for emerging regulated markets?

Ontario, a market officially launched just over three years ago, has rapidly become a major global success story. 

The province’s consistent record-setting performance, a 30.7% YoY growth in wagers, underscores the success of iGaming Ontario's transparent and competitive open licensing model.

By allowing dozens of online gambling sites in the province to compete under robust regulatory standards, the province has created a dynamic environment that champions consumer choice and protection while smartly collecting a promising revenue stream.

The continued growth of the online casino segment solidifies Ontario's position as a blueprint for emerging regulated jurisdictions worldwide looking to effectively manage, grow, and monetise their online gaming sectors.