Published on: February 25, 2026, 04:28h.

Updated on: February 25, 2026, 04:28h.

• iGaming Ontario unveils January financial statistics
• Total cash bets reached CAD $9.520 billion
• Revenue decreased by 6% to $401.5 million compared to December 2025

In January, the regulated iGaming market in Ontario reached a record high of CAD $9.520 billion in total wagers, as reported today by iGaming Ontario.

Ontario Set to Mark 4th Anniversary

This figure slightly surpasses the previous month’s record of $9.501 billion and shows a significant increase from the $7.845 billion recorded in January 2025.

The regulated iGaming sector in Ontario became operational in April 2022, with initial cash bets of $1.079 billion in that first month.

Currently, the market boasts 48 licensed operators and 82 active online platforms, positioning it among the most dynamic and competitive regulated iGaming environments globally. Within its inaugural year, it was ranked among North America’s Top 5 iGaming jurisdictions.

Current Count of 48 Licensed Operators

In January, the non-adjusted gross gaming revenue (NAGGR) totaled $401.5 million, reflecting a 6% decline compared to December’s record of $425.4 million.

Active player accounts grew by 4% to 1,326, while the average revenue per active account saw a 9% month-over-month drop, landing at $303.

In terms of total cash wagers, the casino sector accounted for an impressive 86% market share at $8.183 billion, marking a slight decrease of 1% from December. The previous month had recorded a peak of $8.270 billion in casino wagers.

Sports Betting Maintains 12% Market Share

Sports betting generated $1.180 billion in cash wagers, maintaining a 12% market share, with an 8% month-over-month increase. P2P poker achieved $156 million in cash wagers, reflecting an 11% month-over-month growth and a 2% market share.

Regarding NAGGR by product type: online casino contributed $308.9 million (a 4% decrease from December) with a substantial 77% market share, while sports betting generated $86.7 million (a 22% market share with a 12% month-over-month decline) and P2P poker reached $5.9 million in revenue (a 2% month-over-month increase, accounting for 1% market share).

Sports betting reached a revenue milestone of $102 million in November, followed by $99.1 million in December. The Ontario sports betting market had recorded $92 million in revenue in January 2025, marking a remarkable 133% increase from the previous month.

Please note, these figures exclude any revenue generated by the Ontario Lottery and Gaming Corporation’s Proline online casino and sports betting platform. The OLG is set to release its fiscal year financial results on March 31, 2026.