Ontario iGaming Sector Hits Record CA$338 Million Revenue in May 2025
TL;DR
Ontario's iGaming market hit a record CA338.0 million in May 2025, offering operators and investors a lucrative opportunity in a rapidly growing sector.
In May 2025, Ontario's iGaming revenue reached CA338.0 million, driven by online casinos and sports betting, with a 40.3% increase from May 2024.
The regulated iGaming market in Ontario contributes significantly to the province's economy, creating jobs and generating revenue for public services.
Ontario's online gambling scene broke records in May 2025, with players wagering over CA8 billion, showcasing the sector's explosive growth.
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Ontario's iGaming sector achieved a historic milestone in May 2025 as gross gaming revenue reached CA$338.0 million, representing a 2.9% increase from previous records and a substantial 40.3% growth compared to the same period last year. This remarkable performance was complemented by total player wagering exceeding CA$8 billion for the first time in the province's history, reflecting a robust 28.9% year-over-year increase in betting activity across the regulated market.
The market composition revealed online casinos as the dominant force, generating CA$259.8 million in revenue and accounting for 77% of total iGaming revenue. Sports betting maintained strong performance with CA$71.8 million in contributions, while online poker demonstrated notable growth with an 18.9% revenue increase. Market dynamics showed interesting trends as active player accounts experienced a slight decrease, yet the average revenue per active player account rose by 10.0%, indicating higher spending levels among engaged participants in the competitive landscape.
Ontario's regulated iGaming framework currently supports 50 licensed operators operating across 86 websites, creating a diverse and competitive environment for consumers. The record-setting performance underscores the effectiveness of Ontario's regulated market approach in capturing consumer demand while generating significant economic activity. The consistent growth patterns observed across multiple metrics suggest sustained consumer confidence in the regulated online gambling ecosystem, with the sector demonstrating resilience and expansion potential despite market maturation.
The substantial revenue generation and wagering volumes highlight the economic importance of the iGaming sector within Ontario's broader entertainment and gaming industry. The market's ability to achieve consecutive growth milestones indicates successful implementation of regulatory frameworks that balance consumer protection with market development opportunities. The performance metrics from May 2025 provide valuable insights into consumer behavior patterns and market dynamics within one of North America's most developed online gambling jurisdictions.
Curated from News Direct
