Ontario revenue clears C$800m in fiscal Q3
Overall revenue up 25% year on year, while market handle increases by nearly a third over the last 12 months
Ontario has reported gaming revenue of C$825.8m ($573.3m) for Q3 2024-25, representing a 25% increase compared to the same period last year.
The total was generated by the 50 operators live in the Ontario market during the quarter, which oversaw 83 gaming websites available to players.
The data, which was reported by the province’s regulator iGaming Ontario (iGO), accounted for October 1 to December 31.
Online casino games, including slots, table games, and bingo, accounted for 78% of the quarterly revenue total, equivalent to C$644m.
Sports betting revenue came to C$166m, equal to 20% of overall gaming revenue.
The remaining 1.9% of the revenue total came from peer-to-peer (P2P) poker, which added a further C$16m.
In terms of handle, Ontario-regulated operators took C$22.7bn in total wagers during the quarter, excluding promotional bonuses.
That represented a 32% rise year on year (YOY), as well as representing a 22% increase when compared to the previous quarter.
Online casino accounted for C$18.9bn worth of wagers, equivalent to 83% of the total handle.
Sports bets made up C$3.4bn of the handle total (15%), while poker generated wagers worth C$418m.
Moving forward, iGO said it would be releasing monthly, granular detail on the Ontario market as opposed to its quarterly disclosures.
In turn, the regulator revealed average revenue per active player account hit C$263 in December, down from C$288 in November and C$281 in October.
Active player accounts by the end of the calendar year topped the one million mark in November and December, having sat at 945,000 in October.
The regulated Ontario market will celebrate its third anniversary of being live in April.
Canadian Prime Minister Justin Trudeau announced his shock resignation earlier this month, which has resulted in parliament being prorogued.
This decision has killed any potential sports betting-related bills that had yet to receive Royal Assent in the Canadian parliament.