The figure represents a 26% increase over 2024. That confirms that online gambling in the province is no longer in a growth trial phase but rather a mature, high-volume market.
Operator revenue grew more quickly. Gross gaming revenues were up 34% and breached the CAD 4 billion mark for the year. This widening gap between growth in wagering and revenue suggests a strengthening of player engagement and better monetisation. Traffic alone doesn’t seem to be the only contributor.
Tax Returns and Market Scale
The fiscal results from the regulatory environment in the province of Ontario show positive outcomes. After payment of the imposed 20% tax, the gaming operators made almost CAD 3.2 billion. The province collected about CAD 807 million in gaming tax during the year 2025. The revenue collected in the province of Ontario, from the time the regulated environment was opened in April 2022 to the end of the year 2025, is approximately CAD 2.04 billion. As for the revenue earned by the gaming operators, it’s estimated to be about CAD 10 billion.
These figures further highlight the position of Ontario as one of the most economically important regulated iGaming markets.
December Shows How Strong Demand Has Become
The final months of the year 2025 also recorded new records. December, in particular, recorded the highest revenue and net wagering amount of CAD 9.5 billion and CAD 425.4 million, respectively. This implied an increase of over 20% and 57% compared to the previous year.
This helped the average revenue per active player reach CAD 334, and the number of active players stood at 1.27 million. This increase of 24.5% from the previous year is likely to be driven by both the influx of new players and rising engagement levels of existing users.
Online Casino Remains the Core Driver
Online casino products continue to reign supreme in Ontario’s iGaming economy. Casino play accounted for 87% of all wagering activity in December. Of the CAD 9.5 billion wagered that month, online casinos generated CAD 8.3 billion. For the full year, meanwhile, casino revenue surpassed CAD 3.1 billion, accounting for more than three-quarters of total industry income.
This disparity shows where the dominant force is. While sportsbook and poker are important to acquisition and cross-selling, long-term revenue stability in Ontario still comes from the casino content and platform optimization.
Competition is Tightening
By the end of 2025, there were 82 gaming sites run by 48 licensed operators, competing alongside the government-owned Ontario Lottery and Gaming Corporation. Changes in the market during the year included the entry of the bigger brands like DraftKings and Golden Nugget Online Casino. Also, some of the small ones left the market.
More such applications are already in the pipeline for 2026, among which are proposals from DAZN Bet and High Roller Technologies. This implies that despite increasing costs, competition continues to thrive.
Final Words
For regulators, operators, and suppliers, the Ontario data from the 2025 report demonstrates how scaling and tight regulation can be combined to deliver continued growth. The market is no longer simply one where operators must grow at all costs. Rather, it’s now one where operators must deliver on quality, retention, and, of course, financial controls.
