Ontario's iGaming Sector Hits Record CA$338 Million Revenue in May 2025

TL;DR

Ontario's iGaming market hit a record CA338.0 million in May 2025, offering operators and investors a lucrative opportunity in a rapidly growing sector.

In May 2025, Ontario's iGaming revenue reached CA338.0 million, driven by online casinos and sports betting, with a 40.3% increase from May 2024.

The regulated iGaming market in Ontario contributes significantly to the province's economy, creating jobs and generating revenue for public services.

Ontario's online gambling scene broke records in May 2025, with players wagering over CA8 billion, showcasing the sector's explosive growth.

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Ontario's iGaming Sector Hits Record CA$338 Million Revenue in May 2025

Ontario's iGaming sector achieved a historic milestone in May 2025, with gross gaming revenue reaching a record CA$338.0 million, representing a 2.9% increase from the previous high and a substantial 40.3% growth compared to May of the previous year. This remarkable performance was complemented by total player wagering exceeding CA$8 billion for the first time in the province's history, indicating a robust 28.9% year-over-year increase in betting activity across the regulated market.

The market composition revealed online casinos as the dominant segment, generating CA$259.8 million in revenue and accounting for 77% of the total iGaming revenue. Sports betting maintained strong performance with CA$71.8 million in contributions, while online poker demonstrated significant growth with an 18.9% revenue increase. Despite a slight decline in active player accounts, the average revenue per active player account rose by 10.0%, suggesting that engaged players are spending more within the regulated environment.

With 50 licensed operators and 86 websites operating in the province, Ontario's iGaming market has established itself as a competitive and thriving sector. This record-setting performance underscores the growing consumer preference for online gambling options and validates the effectiveness of Ontario's regulated market framework in generating substantial economic activity. The consistent growth patterns across multiple segments indicate sustained market maturity and consumer confidence in the regulated iGaming ecosystem.

The sector's ability to achieve these milestones while maintaining regulatory compliance demonstrates the successful balance between market growth and responsible gambling practices. The revenue figures highlight the significant economic contribution of the iGaming industry to Ontario's economy, providing substantial tax revenues and supporting numerous jobs across the province. The continued expansion of the market suggests ongoing opportunities for both established operators and new entrants seeking to capitalize on the growing demand for online gambling services.

Curated from News Direct

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