The third year of regulated gaming in Ontario led to $3.2 billion in gross revenue from a year-over-year handle increase of 31%.
Key Takeaways
- Ontarians wagered $82.7 billion from April 1, 2024, through March 31, 2025
- Casino betting was the area with the biggest year-over-year handle and revenue increases
- Sports betting operators hauled in $724 million from an $11.4 billion handle
iGaming Ontario reported that $82.7 billion was wagered in the Canadian province during the fiscal year, from April 1, 2024, through March 31, 2025. Gross revenue jumped 32% over 2023-2024.
“These results show Ontario is home to a truly dynamic iGaming market with a strong roster of operators, and a world-class list of games available for players,” said Heidi Reinhart, Chair of the Board of Directors. “With 49 operators offering 84 gaming sites, Ontario’s regulated market continues to grow by offering a safer environment for Ontarians to play.”
The fiscal year’s handle and revenue rose each quarter, with the fourth quarter producing a high of $22.9 billion in wagers, a 24.4% increase from Q1, and $903 million in profit, a rise of 23.7% from Q1.
Casino gaming sees biggest leap
Casino wagering saw the largest year-over-year increase, jumping 34% to $69.6 billion. Gross revenue from slots, in-person table games and online Ontario casinos, and peer-to-peer bingo generated $2.4 billion for operators, a 36% increase from the previous fiscal year.
Ontario sports betting saw a smaller gain but still rose 17% to $11.4 billion. This includes wagers on sports, esports, props, and novelty bets. Sportsbooks claimed $724 million in revenue, a 23% year-over-year increase. Promotional wagers were not included in these figures.
Peer-to-peer poker saw little growth. The $1.7 billion handle was up just 2% from the previous year, and the $66 million in revenue was equal to the 2023-24 haul.
Battling the unregulated market
Ontario iGaming, a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO) that works with gaming operators and helps protect consumers, said having that many gaming sites has created a thriving competition that gives players options the unregulated market doesn’t offer.
A study commissioned by the AGCO found that 83.7% of Ontarians chose regulated gaming sites, down from 86.4% in 2024.
