- FY2025-26 (April 2025 to March 2026): over C$103 billion in wagering activity and over C$4.2 billion in gaming revenue, both unaudited, per iGaming Ontario.
- FY2024-25: C$82.7 billion in wagers and C$2.9 billion in gaming revenue on the audited basis, from 50 operators and 2.6 million active player accounts.
- Casino products took 84% of FY2024-25 wagers; sports and event betting took 14%.
- The latest monthly data, for August 2026, shows about C$9.74 billion in wagers from 49 operators running 84 websites (trade press reports of iGaming Ontario data).
Ontario's regulated online gambling market recorded more than C$103 billion in wagering activity and more than C$4.2 billion in gaming revenue in its fiscal year to 31 March 2026, according to iGaming Ontario, the provincial agency that contracts with private operators. Both figures are unaudited. The audited figures for the previous year, FY2024-25, were C$82.7 billion in wagers and C$2.9 billion in revenue.
The figures cover private operators in the regulated market only. They exclude OLG.ca, the online platform run by the provincial lottery corporation, and pari-mutuel horse racing. Wagers exclude promotional wagers such as bonus bets.
Annual figures by fiscal year
iGaming Ontario reports on an April to March fiscal year. The table brings together the two most recent years. FY2025-26 totals come from the agency's May 2026 release; the full annual report for that year, with the product split, had not been published when we checked.
| Measure | FY2025-26 | FY2024-25 |
|---|---|---|
| Cash wagers | over $103bn (unaudited) | $82.7bn |
| Gaming revenue | over $4.2bn (unaudited) | $2.9bn (audited basis) |
| Casino wagers / revenue | not yet published | $69.67bn / $2.19bn |
| Betting wagers / revenue | not yet published | $11.41bn / $654m |
| Peer-to-peer poker wagers / revenue | not yet published | $1.66bn / $59m |
| Operators (operating agreements) | not yet published | 50 |
| Gaming websites | not yet published | more than 80 |
| Active player accounts | not yet published | 2.6 million |
Why FY2024-25 has two revenue figures
Readers will find FY2024-25 revenue quoted as both C$2.9 billion and C$3.2 billion. They measure different things. The audited annual report defines gaming revenue as wagers less winnings less eligible deductions, which are cashable promotional payments to players. The monthly and yearly market performance reports use a gross figure before those deductions, which trade press reported as about C$3.2 billion for the year. Neither is wrong, but they should not be mixed in one chart or used to calculate growth against each other.
The same caution applies to the FY2025-26 "over C$4.2 billion": the release does not say which basis it uses, so we do not calculate a growth rate from it. Our guide to handle, GGR and NGR explains these terms in more detail.
The 2026 monthly series
iGaming Ontario stopped publishing quarterly reports after October to December 2024 and now releases monthly market performance data, as a spreadsheet. We could not download those spreadsheets for this edition, so the figures below are as reported by trade publications citing the agency's data. Treat them as secondary until checked against the agency's tables.
| Month | Cash wagers | Gaming revenue | Active accounts | Operators / sites |
|---|---|---|---|---|
| March 2026 | $9.59bn | about $387m | 1.235m | 45 / 79 |
| May 2026 | $9.48bn | $413.1m | about 1.26m | 45 / 80 |
| July 2026 | $9.88bn | $413.6m | about 1.37m | 48 / 83 |
| August 2026 | about $9.74bn | just over $396m | 1.208m | 49 / 84 |
In August 2026, casino products accounted for about C$8.78 billion of wagers and C$336 million of revenue, betting for C$843 million and C$54 million, and poker for C$122 million and C$5.6 million, according to the same report. Monthly figures are unaudited and the agency can revise them.
The last quarterly report
For readers who need a quarterly comparison, the final quarterly report covered October to December 2024: C$22.7 billion in wagers and C$825.8 million in gaming revenue, with 50 operators and 83 gaming websites. Casino accounted for C$18.9 billion of wagers and C$644 million of revenue in that quarter.
How much play stays in the regulated market
iGaming Ontario's May 2026 release reported that over 90% of Ontario iGaming players (91.1% of respondents) were choosing the regulated market after four years, based on an Ipsos study it commissioned. That is a survey-based estimate of player behaviour, not a count from transaction data, and it is worth reading the method before quoting it. We compare channelisation estimates across markets in our channelisation rates table.
Ontario in the Canadian picture
Ontario is one of two provinces with an open, competitive market for private operators; Alberta launched its own on 13 July 2026 and has not yet published market figures. Elsewhere, online gambling is offered by provincial lottery corporations, whose online revenue we compile in our province-by-province table. Single-event sports betting became lawful for provinces to offer on 27 August 2021, when Bill C-218 came into force.
Questions about Ontario's figures
How much revenue does Ontario's iGaming market generate?
iGaming Ontario reported over C$4.2 billion in gaming revenue for April 2025 to March 2026 (unaudited). The audited figure for the previous year was C$2.9 billion, on a basis that deducts cashable promotions.
How many online operators are licensed in Ontario?
There were 50 active operating agreements at 31 March 2025. Monthly reports in 2026 show between 45 and 49 operators running between 79 and 84 websites.
Do these figures include OLG.ca?
No. iGaming Ontario's data covers private operators only. OLG reported C$556 million in iGaming revenue for 2025-26 in its own financial statements.
Sources
- iGaming Ontario: over 90% of players choosing the regulated market after four years (21 May 2026; FY2025-26 totals)
- iGaming Ontario: Annual Report 2024-2025 (published 4 November 2025)
- iGaming Ontario: market performance report, October to December 2024
- iGaming Ontario: monthly market performance reports (latest data month August 2026)
- Canadian Gaming Business: March 2026 figures; May 2026; July 2026 (secondary)
- WSN: August 2026 figures (29 September 2026; secondary)
- Department of Justice Canada: single-event sport betting coming into force