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.
Found this article helpful?
Share it with your network and spread the knowledge!
Ontario's iGaming sector achieved a historic milestone in May 2025 as gross gaming revenue reached CA$338.0 million, representing a 2.9% increase from previous records and a substantial 40.3% growth compared to the same period last year. This remarkable performance was complemented by total player wagering exceeding CA$8 billion for the first time in the province's history, reflecting a robust 28.9% year-over-year increase in betting activity. The unprecedented figures highlight the accelerating adoption of online gambling platforms among Ontario residents and the market's growing contribution to the provincial economy.
The revenue distribution reveals online casinos as the dominant force in the market, generating CA$259.8 million and accounting for 77% of total iGaming revenue. Sports betting maintained strong performance with CA$71.8 million in contributions, while online poker demonstrated notable growth with an 18.9% revenue increase. Despite a marginal decline in active player accounts, the average revenue per active player account surged by 10.0%, indicating that engaged participants are spending more significantly within the regulated market. This trend suggests maturing consumer behavior and potentially higher retention rates among serious gamblers.
Ontario's competitive iGaming landscape currently operates with 50 licensed operators managing 86 distinct websites, creating a diverse and vibrant marketplace for consumers. The record-setting performance underscores the effectiveness of Ontario's regulatory framework in fostering a safe and economically productive gambling environment. The substantial revenue growth and wagering volumes demonstrate how regulated markets can successfully capture consumer demand while generating significant economic benefits. The consistent upward trajectory in both revenue and player engagement signals the sector's resilience and potential for continued expansion, positioning Ontario as a leader in North America's regulated online gambling industry.
Curated from News Direct
