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 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% rise compared to May of the previous year. This remarkable growth 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-on-year increase in market activity.
Online casinos dominated the market landscape, generating CA$259.8 million in revenue and accounting for 77% of the total iGaming revenue. Sports betting maintained strong performance with contributions of CA$71.8 million, while online poker demonstrated significant growth with an 18.9% increase in revenue. The market's health was further evidenced by financial metrics showing that despite a slight decrease in active player accounts, the average revenue per active player account rose by 10.0%, suggesting higher spending levels among engaged participants.
With 50 licensed operators and 86 websites operating within the regulated framework, Ontario's iGaming market has established itself as a highly competitive and thriving sector. This record-setting performance underscores the growing consumer demand for online gambling options and validates the effectiveness of Ontario's regulated market approach in generating substantial economic activity. The consistent growth patterns observed across multiple gaming categories indicate sustained market maturation and consumer acceptance of regulated online gambling platforms.
The sector's expansion reflects broader trends in digital entertainment consumption and the successful implementation of regulatory structures that balance consumer protection with market development opportunities. The significant revenue generation and wagering volumes demonstrate the economic importance of the iGaming industry within Ontario's broader entertainment and gaming landscape, positioning the province as a leader in North America's regulated online gambling market.
Curated from News Direct
