Published on: November 19, 2025, 03:21h.

Updated on: November 19, 2025, 03:25h.

• Ontario’s iGaming sector achieves remarkable CAD $9.24 billion in October
• Online casino captures 85% of market share
• P2P poker reports 10% rise in revenue compared to September

In October, Ontario experienced a significant surge in total wagering, as highlighted by recent financial statistics from iGaming Ontario. The overall cash wagers for the month reached CAD $9.249 billion, reflecting an 8% increase from the prior month.

This figure marks an all-time high for Ontario since the regulated market’s inception in April 2022. The former record was CAD $8.54 billion in total wagers recorded in September, while October 2024 saw total wagers of CAD $7.45 billion.

Total unadjusted gross gaming revenue stood at CAD $367.7 million, an impressive 12% increase from September, also setting a new record for the region.

Casino Sector Remains Dominant

There was a 9% rise in active player accounts in October, which totaled 1,287. The average revenue per active account was $286, showing a 2% increase. The Ontario market had 50 licensed operators last month; however, following recent news of Betiton withdrawing, this number has decreased to 48.

Casino gaming continues to dominate the market share substantially, holding 85% of total cash wagers (CAD $7.88 billion, a 7% increase from September) and 83% of revenue (CAD $303.8 million, up 9% month-over-month).

With the NFL season active, sports betting saw wagers totaling CAD $1.23 billion in October, capturing a 13% market share and rising by 16% from September. In terms of sports betting revenue, the sector generated CAD $58.3 million, amounting to a 16% market share and a 25% increase compared to the previous month.

Future of P2P Poker

It’s crucial to monitor the trajectory of the P2P poker sector regarding future revenues. A notable ruling from the Ontario Court of Appeal earlier this month affirmed that Ontario can legally offer international liquidity, paving the way for Ontario-based DFS and poker players to engage with peers from outside Canada.

The establishment of this legal framework is anticipated to enhance revenue prospects for firms involved in online poker and DFS. Previously, liquidity was confined, but this new global landscape will allow competitors to participate in larger player pools.

In October, P2P poker recorded CAD $131 million in wagers, reflecting a 9% decrease month-over-month, resulting in a 1% market share. Revenue for this sector totaled CAD $5.6 million, marking a 10% increase, equating to a 2% market share.