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Ontario’s Online Casinos Hit Record High with $3.2 Billion Revenue in 2025

City buildings Ontario's online gambling market has seen significant growth once more, reaching $3.2 billion in gross gaming revenue in the 2024-25 fiscal year.


 

City buildings 

Ontario's online gambling market has seen significant growth once more, reaching $3.2 billion in gross gaming revenue in the 2024-25 fiscal year. This signifies a 32% rise from last year, demonstrating the resounding success of online gaming in the province. Following the launch of Ontario’s regulated iGaming market in April 2022, it has become one of the most successful online gambling markets in North America within just three years.

Over $82 Billion in Total Wagers

According to the latest data, Ontarians placed $82.7 billion in wagers during the fiscal year, a 31% jump compared to the previous year. Casino-style games made up the largest portion, with $69.6 billion in wagers and $2.4 billion in revenue. These games include popular options like online slots, live dealer tables, and blackjack.

There was also expansion in sports betting, which generated 11.4 billion in placed bets and 11.4 billion in placed bets and 724 million in gross income. At the same time, user-to-user poker sustained capturing users consistently, generating $66 million in revenue.

Growth is still being fuelled by the same factors: convenience and flexibility. Players can now join the action more easily than ever due to having access to mobile devices and a wide range of safe payment options.

Many users favour casinos that accept Interac, which iGaming expert Wilna van Wyk says allows them to deposit and withdraw directly through their Canadian bank accounts. She adds that Interac is trusted for its security features, providing full encryption and additional security for players.

More Operators, More Choice

As of March 31, 2025, the Ontario market had 49 licensed operators and 84 active sites, which is an increase from the previous year. This trend demonstrates intensified strategic focus by companies intending to tap into the Ontario market through legal, regulated channels. The rivalry amongst operators has resulted in a richer selection not only of games but also of mobile applications and customer retention programs. 

Gamblers are also able to access Canadian-centric and international platforms, which have now expanded beyond a single option. Increased competition has also enhanced prospects for creativity in game innovation, live-streaming, and seamless interface improvements.

Contribution to the Economy

Ontario’s iGaming market is also aiding the province in multiple ways. Licensed operators contribute to the tax revenue and regulatory fee stream, which finances public services and infrastructure. The taxes also enable a well-established system, reducing dependency on offshore sites, thereby providing players with peace of mind. 

These practices have also been noticed by other provinces and foreign markets looking to optimize their online gambling policies. The progress of the market thus far proves that when there is a legalized and accessible option tailored to the local demand, it is sure to succeed.

Strong Engagement and Outlook

The number of active accounts in Ontario grew to 1.6 million during the year. On average, each account generated $1.1 million in annual revenue, reflecting consistent player engagement across different gaming categories.

So as technology continues to improve, the industry is expected to evolve further. The next year will likely bring upgrades in mobile performance, more live dealer content, and streamlined interfaces that cater to casual and experienced users alike. With a strong base and room for continued growth, Ontario is in a good position to maintain its momentum.

Ontario’s online casinos and betting platforms posted record-breaking numbers in 2025, bringing in $3.2 billion in revenue and processing $82.7 billion in total wagers. This remarkable growth was driven by an expanding lineup of licensed operators, a broader range of gaming options, and the widespread use of secure, convenient payment methods like Interac.

With over 1.6 million active accounts and a growing demand for seamless digital experiences, Ontario’s iGaming market has proven both resilient and forward-thinking. The combination of strong user participation, healthy competition, and clear regulatory oversight has positioned the province as the undisputed leader in Canada’s online gambling space.

Continued innovation, platform enhancements, and user-first design will likely push the industry to even greater heights. As other provinces consider similar models, Ontario stands out not just for its numbers but for showing how to scale responsibly, effectively, and with long-term success in mind.

 


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