iGaming Ontario announces CA$3.2 billion revenue in third year
Ontario’s igaming market generated CA$3.2 billion (US$2.30 billion)1 CAD = 0.7202 USD
2025-04-25Powered by CMG CurrenShift in gross gaming revenue in its third year of operation, according to figures released by the province’s regulator, iGaming Ontario.
From April 2024 to March 2025, the online gaming sector in the province recorded CA$82.7 billion (US$59.6 billion)1 CAD = 0.7202 USD
2025-04-25Powered by CMG CurrenShift in wagers, up 31% from the figure for 2023-24, mirrored by a 32% rise in gross gaming revenue.
The regulated gambling market in Ontario launched in April 2022, the first such open market to be created in Canada. There are 49 igaming operators in the Ontario market, combining to offer 84 gambling sites, including casino gaming, sports betting and poker.
Casino gaming accounted for the most significant share of Ontario’s igaming revenue in Ontario’s first quarter. This sector recorded CA$2.4 billion (US$1.73 billion)1 CAD = 0.7202 USD
2025-04-25Powered by CMG CurrenShift in gross gaming revenue, up 36% on the 2023-24 figure. Sports betting revenue rose by 23%, hitting CA$724 million (US$521 million)1 CAD = 0.7202 USD
2025-04-25Powered by CMG CurrenShift, but the online poker segment was unchanged with revenue of CA$66 million (US$47.5 million)1 CAD = 0.7202 USD
2025-04-25Powered by CMG CurrenShift.
“These results show Ontario is home to a truly dynamic igaming market with a strong roster of operators, and a world-class list of games available for players,” Heidi Reinhart, Board Chairwoman, said in a statement.
Dig deeper
2025/01/24: Ontario players break online gambling spending record in third quarter
2025/03/19: Michigan igaming revenue up 23.6% year-over-year in February
2025/01/23: iGaming Ontario switches to monthly reporting as revenue grows
2025/03/20: Pennsylvania online gaming revenue up 12.3% year-over-year
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