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Ontario's iGaming Sector Hits Record Revenue in May 2025

By Editorial Staff

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 Hits Record Revenue in May 2025

Ontario's iGaming sector witnessed unprecedented growth in May 2025, setting new records in gross gaming revenue (GGR) and total player wagering. The GGR reached an all-time high of CA$338.0 million, showcasing a 2.9% increase from the previous record and a significant 40.3% rise compared to May of the previous year. This remarkable growth was paralleled by total player wagering exceeding CA$8 billion for the first time, a 28.9% increase year-on-year, underscoring the sector's expanding appeal and vitality.

Online casinos were the primary drivers of this surge, generating CA$259.8 million in revenue and accounting for 77% of the total iGaming revenue. Sports betting also demonstrated strong performance, contributing CA$71.8 million, while online poker experienced an 18.9% increase in revenue. Interestingly, despite a slight decline in active player accounts, the average revenue per active player account rose by 10.0%, indicating that engaged players are spending more, a trend that could signal a maturing market with higher value customers.

With 50 licensed operators and 86 websites, Ontario's iGaming market stands as a competitive and flourishing sector. This record-setting performance not only reflects the growing consumer demand for online gambling but also underscores the success of Ontario's regulated market in fostering significant economic activity. The implications of this growth are far-reaching, suggesting potential for further expansion and innovation within the sector, as well as increased tax revenues and job creation for the province.

Curated from News Direct

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Editorial Staff

Editorial Staff

@editorial-staff

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