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 has been deep in the iGaming trenches for over 20 years, long before most people could spell "geolocation compliance." With a background in marketing and business development at some of the biggest names in gambling tech, Ziv knows the industry from the inside out. Since joining Covers, he's turned his sharp eye (and sharper keyboard) toward everything happening in the fast-moving world of online gambling. Whether it's new state launches, the latest twists in regulation, or what the big operators and game providers are cooking up next, Ziv breaks it all down with clarity, context, and just the right amount of snark. He covers the business side of betting, from affiliate trends and revenue reports to the tech powering your favorite slots. His motto in writing is “let’s make it make sense without putting you to sleep.”

When he’s not tracking gambling legislation or looking for the next breaking story, Ziv is living and dying with every pitch and play from his beloved Pittsburgh Steelers, Pirates, and Penguins. As a Pitt graduate, it’s a city loyalty forged in heartbreak, but one he wouldn’t trade for anything, except maybe a few more playoff wins.

When away from the keyboard, Ziv loves to hit the road and soak up the energy of casinos. Whether strolling the neon jungle called the Vegas Strip, or wandering into a smoky riverboat casino in the Midwest, Ziv’s in his element. He’s the guy chatting with players, blackjack dealers, and asking pit bosses way too many questions, all in the name of “research,” of course. The casino floor isn’t just his workplace, it’s a weird and wonderful ecosystem of flashing lights, wild characters, and pure sensory overload, and he wouldn’t have it any other way.

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