Ontario iGaming Surges Past $9.2B In Record October

Ontario’s regulated online gambling market posted its strongest month to date in October, setting new benchmarks in wagering volume, revenue, and player activity. The latest figures show that the province continues to escalate its growth trajectory as it approaches four years since launch, with both casino and sports betting contributing to historic activity levels.

Total wagers across Ontario’s 50 licensed operators exceeded $9.2 billion in October. This new peak surpassed September’s $8.5 billion and reflected a 24% increase compared with October 2024. The climb in total handle coincided with a sharp jump in player participation, as the number of active accounts reached nearly 1.3 million—9% higher than the month prior and 36% above last year’s count.

Online casino activity maintained its position as the dominant force in Ontario’s iGaming ecosystem. Casinos generated about 85% of total wagering, with handle reaching $7.9 billion—a figure consistent across all sources and one that established another all-time high. Operators reported $303.8 million in non-adjusted gross gaming revenue (NAGGR), representing a 43% year-over-year increase and setting yet another provincial record.

This section of the market continues to be the primary engine of both wagering activity and operator earnings, firmly outpacing all other verticals.

October also delivered the province’s most active sports betting month on record. Total wagers hit more than $1.2 billion, an increase of 17% year-over-year, supported heavily by a dense sports calendar and the Toronto Blue Jays’ appearance in their first World Series since 1993. Alongside the return of NHL and NBA seasons, this surge pushed sports betting to its strongest monthly handle to date.

However, operators did not see profits rise at the same pace. As reported, sportsbooks generated a little over $58 million in revenue, an improvement over September’s low point but still below what operators earned in several earlier months of the year. A hold of 4.7% contributed to the modest result, with bettors capitalizing on the Blue Jays’ postseason run.

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Peer-to-peer poker activity remained a limited portion of the overall marketplace. October saw $131 million wagered in poker and $5.6 million in revenue, representing around 1.4% of total handle. However, recent legal developments could alter this segment in the future.

A ruling from the Ontario Court of Appeal last week found that expanding online poker and daily fantasy sports across borders would be legally permissible, enabling Ontario players to compete internationally. The decision opens a path for iGaming Ontario and industry stakeholders to pursue a multi-jurisdictional structure for poker, though implementation timelines could extend over several years.

As usual, all iGaming Ontario reporting excluded wagers placed through the government-run Ontario Lottery and Gaming Corporation. OLG’s annual results for the period ending March 31, 2025, remain pending.

The iGaming Ontario monthly reporting framework—updated earlier this year—continues to provide detailed breakdowns of casino, betting, and poker activity. The agency now publishes figures every month instead of quarterly, offering operators and observers a more granular view of market trends as they evolve.

Source: 

iGaming Ontario’s Market Performance Report, igamingontario.ca, November, 2025.