Ontario iGaming Revenue Increases 25% Year-Over-Year

The province's iGaming non-adjusted gross income rose 25%, increasing from $250 million in April 2024 to $313 million in April 2025.

Ziv Chen - News Editor at Covers.com
Ziv Chen • News Editor
Jun 4, 2025 • 15:46 ET • 4 min read
Photo By - Imagn Images.

The latest figures for Ontario’s iGaming sector show non-adjusted gross gaming revenue rose by 25% year-over-year, from a combined $250.1 million in April 2024 to $313.2 million in April 2025. 

Key takeaways

  • Ontario gaming revenue rose 25% year-over-year.
  • Online casinos carried most of the profits, reporting $248 million of the $313.2 million total.
  • Ontario iGaming launched in 2022 and by its third year generated $3.2 billion in income.

The numbers, which iGaming Ontario published this week, also showed April revenue rose from March, despite Ontario’s gambling customers decreasing their spending. 

The total was $296 million in March 2025, a 5.8% month-over-month increase.

Ontario’s regulated online gambling sector is the first in Canada open to commercial competition. Launched in 2022, it's grown considerably and now has 49 licensed operators running 83 digital betting sites.

The market also recorded $2.4 billion in gaming profit for its second year of operation; this since matured even more, as revenue topped $3.2 billion in the 2024-2025 fiscal year. 

Online casinos dominated ontario revenue

Of the Ontario market's three segments, online casino gaming dominated, with a 35.6% year-over-year revenue increase to $248 million, 78% of April's overall total.

Sports betting contributed 21% of the month’s income, adding $64.5 million, although this was virtually unchanged from last April. Poker generated $5.9 million in April, a 3.5% rise from last year,  and 2% of the overall market.

Ontario operators recorded player spend drop

Although overall revenue figures were positive in April, the amount of money players gambled dropped compared to March. March's total handle was $8 billion, which fell to $7.8 billion in April, a roughly 2% drop.

That decline was not replicated year-over-year, however. Compared to player spend on online casino bets in April 2024, this year’s figure was up 14.1%, to $6.58 billion, and sports betting wagers showed a 14.1% rise, to $1.07 billion.

Online operators also had some good news on the number of players in the market. Ontario iGaming figures show that in April, active monthly player accounts hit 1.1 million, a 20.3% increase over 2024 and a 2.8% rise from March.

There was also a boost to average revenue per account, increasing 4% year-over-year to $287.

The success of Ontario’s iGaming model led other provinces to try to create their own commercial gambling sectors. Alberta recently passed its own iGaming law (Bill 48) in May, and should launch early next year. 

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Ziv Chen
News Editor

Ziv Chen is an industry news contributor at Covers.com

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