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 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 across all platforms.
The market distribution revealed online casinos as the dominant force, 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%, indicating that engaged players are spending more within the regulated market.
Ontario's competitive iGaming landscape currently features 50 licensed operators operating across 86 websites, creating a diverse and thriving digital gambling ecosystem. The record-setting performance underscores the growing consumer preference for online gambling options and validates Ontario's regulatory framework for generating substantial economic activity. The consistent growth patterns suggest sustained market maturity and consumer confidence in the regulated environment, positioning Ontario as a leader in North America's digital gaming industry.
The sector's expansion reflects broader trends in digital entertainment consumption and the successful implementation of responsible gambling measures within a controlled market structure. This performance milestone comes as other jurisdictions consider similar regulatory approaches to online gambling, with Ontario's model serving as a potential benchmark for market development and revenue generation strategies in the evolving digital gaming landscape.
Curated from News Direct
