Ontario's iGaming Sector Hits Record 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 marked a significant milestone in May 2025, achieving a record gross gaming revenue (GGR) of CA$338.0 million. This represents a 2.9% increase from the previous record and a substantial 40.3% rise compared to May of the previous year. The sector's growth was further evidenced by total player wagering exceeding CA$8 billion for the first time, showcasing a robust 28.9% year-on-year increase.
Online casinos were the dominant force in the market, generating CA$259.8 million in revenue, which constituted 77% of the total iGaming revenue. Sports betting also demonstrated strong performance, contributing CA$71.8 million to the sector's success. Additionally, online poker experienced an 18.9% increase in revenue, indicating diverse growth across different iGaming activities. 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.
With 50 licensed operators and 86 websites, Ontario's iGaming market stands as a competitive and flourishing sector. This record-setting performance not only underscores the increasing consumer demand for online gambling but also highlights the effectiveness of Ontario's regulated market in fostering significant economic activity. For more information on Ontario's iGaming regulations, visit https://www.ontario.ca/page/igaming-ontario.
Curated from News Direct
