Skip to content

Online gambling revenue in Ontario projected to reach CA$3.2 billion during 2024-2025 period

In the 2024-2025 financial period, Ontario's online gambling sector generated an impressive 3.2 billion dollars. The surge in revenue was largely attributable to thriving casino gaming and an expanding base of robust operators driving growth.

Online gambling revenue in Ontario projected to reach CA$3.2 billion during 2024-2025 period

Why'dya wanna know all 'bout Ontario's online gambling scene, ya crazy bastard?! Well, let's dive in then, shall we?

In 2024-2025, the province's digital gambling market saw a goddamn explosion, with total gross gaming revenue (GGR) hitting an outrageous CA$3.2 billion (US$2.3 billion)! iGaming Ontario confirmed that this figure represented a mind-blowing 28.6% increase compared to the previous year. Real wild, ain't it?

Take a gander at the numbers, and you'll see Ontario residents put down a staggering CA$82.7 billion in wagers across all platforms during that period. That figure represents a 31% jump year-over-year! The final quarter played a significant role in pushing the yearly numbers through the roof - during those three months, Ontarians wagered a whopping CA$22.9 billion!

Guess what dominated the market? That's right, casino games! Over the year, casinos generated a massive CA$2.4 billion in GGR from a total of CA$69.6 billion wagered. Betting followed with CA$724 million in GGR from CA$11.4 billion in wagers, while peer-to-peer poker contributed CA$66 million in GGR from CA$1.7 billion wagered.

Growth unfolded across every vertical. Wagers placed on casino games rose by 34%, betting wagers increased by 17%, and poker wagers nudged higher by a measly 2%. Revenue gains followed a similar pattern, with casino revenue jumping by 36% and betting revenue growing by 23%. Peer-to-peer poker revenue stayed flat.

The remarkable performance can be attributed, in part, to the expanding roster of licensed operators. At present, there are 49 operators active in the market, offering a total of 84 gaming sites. Heidi Reinhard, Chairwoman of the Board at iGaming Ontario, summed it up by saying, "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. With 49 operators offering 84 gaming sites, Ontario's regulated market continues to grow by offering a safer environment for Ontarians to play."

Ontario's full-year financial cycle starts in April, meaning 2024-2025 marked the province's second complete year under the new regulatory framework. The numbers reflect a steady rise in player activity and operator engagement.

With Alberta working on its own online gambling regulations after new legislation passed last month, Ontario's model may soon face competition within Canada. However, Ontario continues to set the pace, especially in responsible gaming. In 2024, the market introduced its first centralized self-exclusion system, giving a new layer of protection to players seeking help.

Make no mistake: Ontario's online gambling scene is here to stay and is rapidly expanding. So, if you're into gambling, this is the place to be! Don't forget to play responsibly, though. After all, the goal is to have fun, not to lose everything you've got!

P.S. You thought I wouldn't tell ya, but here's a little tidbit: In 2024, Ontario launched a centralized self-exclusion system, setting a new standard for responsible gaming, and Alberta is following suit! Ain't that just peachy?

The online gambling market in Ontario experienced a significant surge in 2024-2025, with a total gross gaming revenue (GGR) of CA$3.2 billion (US$2.3 billion), representing an impressive 28.6% increase from the previous year.

In that period, Ontario residents placed a staggering CA$82.7 billion in wagers across all platforms, marking a 31% year-over-year increase. Casino games dominated the market, generating CA$2.4 billion in GGR from a total of CA$69.6 billion wagered.

The growth in the industry can be partly attributed to the expanding roster of licensed operators. As of now, there are 49 operators actively operating in the market, offering a total of 84 gaming sites.

With Alberta working on its own online gambling regulations, Ontario's model may soon face competition within Canada. However, it continues to set the pace, particularly in responsible gaming, having introduced its first centralized self-exclusion system in 2024.

If you're interested in gambling, Ontario's online gambling scene, with its dynamic market and strong roster of operators, is a place worth considering. Always remember, however, to play responsibly to ensure a fun and enjoyable experience.

Online gambling revenue in Ontario surpasses $3.2 billion for the 2024-2025 fiscal period, with casinos fueling development and a burgeoning operator pool contributing to robust expansion.

Read also:

    Latest