Ontario’s iGaming market posts new monthly highs with $6.56 billion wagered last month

Ontario’s iGaming market posts new monthly highs with $6.56 billion wagered last month

Summary

Ontario’s regulated iGaming market hit record levels in October, with player wagers reaching CA$9.25 billion (US$6.56 billion) — an 8% rise from September and 24% up year-on-year. Online casino games drove most activity, while sports betting also climbed. Gross revenue and active accounts set new monthly highs, underlining the province’s strength as a major regulated market in North America.

Key Points

  • Total player spending: CA$9.25 billion (US$6.56 billion) in October — up 8% from September and 24% year-on-year.
  • Online casino games accounted for CA$7.89 billion (about 85% of wagers).
  • Internet sports betting wagers reached CA$1.23 billion (13% of market), up 16% month-on-month.
  • Online poker wagers fell 9% to CA$131 million, though poker revenue rose 10% to CA$5.6 million (US$3.99 million).
  • Non-adjusted gross revenue: CA$367.7 million (US$261.82 million), a new monthly peak — 12% above September and 38% higher than a year earlier.
  • Online casino revenue contributed CA$303.8 million (up 9% month-on-month); sports betting revenue rose 25%.
  • Active player accounts: 1.3 million in October (up 9%); average revenue per active account CA$286 (US$203.65), up 2%.
  • Major operators in the market include FanDuel, BetMGM, Bet365 and BetRivers.

Content Summary

iGaming Ontario’s figures show October was the strongest month yet for the province’s regulated online gambling sector. The surge was led by online casino wagering, with sports betting also contributing a meaningful uplift. Despite a fall in poker wagers, overall poker revenue ticked up. Revenue totals beat the previous high set in May 2025, indicating sustained growth rather than a one-off spike.

The report highlights both user growth and higher per-account revenue, signalling expanding engagement among existing players and net new accounts joining the regulated market. The presence of large international operators continues to anchor the market’s liquidity and product offering.

Context and Relevance

This is significant for operators, suppliers and regulators: rising wagers and revenue affect taxation, compliance workload and product strategy. The numbers confirm Ontario remains one of North America’s most active regulated markets, relevant for anyone tracking market share shifts, responsible-gaming needs and investment opportunities within the region.

Why should I read this?

Because if you work in iGaming, betting or associated services, this tells you where the money’s flowing and who’s winning. Quick snapshot: casinos are booming online, sports betting is growing fast and the market’s getting stickier — more players, slightly more spend per account. Handy intel without trawling the full report.

Source

Source: https://www.yogonet.com/international/news/2025/11/27/116515-ontarios-igaming-market-posts-new-monthly-highs-with-656-billion-wagered-last-month

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