Ontario iGaming posts record $72 billion in wagers in 2025

Summary

Ontario’s regulated online gambling market posted another record year in 2025, with licensed operators handling roughly CAD 98.3 billion in cash wagers (approximately USD 73.3 billion) and producing just over CAD 4 billion (about USD 2.9 billion) in non-adjusted gross gaming revenue (NAGGR), according to iGaming Ontario (iGO).

Handle rose 26% year-on-year while operator NAGGR climbed 34% from 2024. iGO reports figures before the province’s 20% tax, implying around CAD 807 million in iGaming tax revenue for 2025 and operators retaining about CAD 3.2 billion post-tax. Since the regulated market opened in April 2022, operator revenue has surpassed CAD 10.2 billion, equivalent to roughly CAD 2.04 billion in cumulative tax receipts.

December was the strongest month on record: CAD 9.5 billion in handle and CAD 425.4 million in revenue. The market closed 2025 with 1.267 million active accounts (up 24.5% y/y) and a record average revenue per account (ARPA) of CAD 334 (up 27%). Online casino dominated activity—accounting for about 87% of December’s handle—while sports betting and P2P poker remained smaller but saw late‑year revenue spikes and modest contributions respectively.

Key Points

Total cash wagers in 2025: ~CAD 98.3 billion (up 26% y/y).
Total NAGGR in 2025: just over CAD 4 billion (up 34% y/y).
Estimated provincial iGaming tax revenue for 2025: ~CAD 807 million (20% tax rate applied to reported figures).
Cumulative operator revenue since April 2022: ~CAD 10.2 billion; cumulative tax ~CAD 2.04 billion.
December 2025: record CAD 9.5 billion handle and CAD 425.4 million revenue; monthly handle exceeded CAD 9 billion in the final three months.
Active accounts at year-end: 1.267 million (up 24.5% y/y); ARPA reached a record CAD 334.
Online casino drives the market (around 83–89% share of handle across 2025); sportsbooks accounted for roughly 11% in December but saw revenue surges in Nov–Dec.
P2P poker remains small due to Ontario-only liquidity (December handle CAD 141 million; revenue CAD 5.8 million).
Market structure: 48 licensed operators running 82 sites; entrants and exits continue to shift the operator mix with new approvals (e.g. DAZN Bet) pending launches.

Context and relevance

These figures confirm Ontario as one of the fastest-growing regulated iGaming markets in North America. The strong lift in both handle and revenue indicates growing consumer adoption, heavier engagement with online casino verticals, and meaningful tax receipts for the province. For operators and suppliers, the data highlights where product and marketing investments are paying off (iCasino) and where revenues can spike around major sports calendars. Regulators and public stakeholders will also be watching fiscal and social impacts as scale increases.

Why should I read this?

Because this is where the money and momentum are right now. Big growth, record months, and proper tax take — all signs the market’s maturing fast. If you work in payments, compliance, game supply, affiliate marketing, or regulation, the numbers here tell you where the opportunities (and headaches) will appear next.

Author note

Punchy takeaway: Ontario’s iGaming market just moved from high-growth to serious-scale. The headline numbers matter for strategy — both for operators planning expansion and for vendors sizing demand.