Total online gaming revenue in Ontario, Canada, rose 32 per cent in the 2024-25 financial year, as a study revealed a drop in the percentage of players who said they are choosing regulated operators.
Q4 revenue in the province was $903m, up from $826m in Q3, and contributed to the full-year figure of $3.2bn.
Total wagers increased by $200m from Q3 to Q4 – from $22.7bn to $22.9bn. Both figures fed into the full-year figure of $82.7bn, which was up 31 per cent on the 2023-24 financial year.
The statistics from iGaming Ontario, a subsidiary of Ontario's gambling regulator, the Alcohol and Gaming Commission of Ontario (AGCO), mark the three-year anniversary of the launch of Ontario’s regulated online gaming market in April 2022.
They have been accompanied by the latest IPSOS study on player activity in the province, commissioned by the AGCO, which found that 83.7 per cent of players are choosing to play with regulated operators.
That figure fell from 86.4 per cent in 2024 and from 85.3 per cent in 2023.
Conversely, the percentage of respondents who said they have gambled over the past three months only on unregulated websites increased, from 13.6 per cent in 2024 to 16.3 per cent in 2025.
The AGCO said a “notable amount of gaming continues to occur on unregulated sites.”
“The AGCO continues its efforts to address illegal gambling sites in Ontario and to increase public awareness about the benefits of choosing regulated igaming sites,” it added.
Bet365 and DraftKings are among the top regulated operators in Ontario, according to H2 Gambling Capital.
