Ontario’s Regulated Online Gaming Market Hits New High in January
Posted on: February 25, 2026, 04:28h.
Last updated on: February 25, 2026, 04:28h.
- iGaming Ontario releases financial data for the market in January
- Total cash wagers hit CAD $9.520 billion
- Revenues, at $401.5 million, decline 6% compared to December 2025
Total wagers in Ontario’s regulated igaming market inched up to a new high, hitting CAD $9.520 billion in January, according to data released today by iGaming Ontario.
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That number was a smidgeon higher than the record $9.501 billion the market saw for the month of December and certainly represents a sizeable jump from the $7.845 billion the market generated in January 2025.
The Ontario regulated igaming market went live in April 2022. Total cash wagers that first month were $1.079 billion.
The market here now sits at 48 licensed operators, and 82 active websites, making it one of the most robust and competitive regulated igaming markets in the world. Within its first year it was ranked among the Top 5 igaming jurisdictions in North America.
48 Licensed Operators Currently
Non-adjusted gross gaming revenue (NAGGR) in January was $401.5 million, a 6% month-over-month decline. Ontario set a revenue record in December – $425.4 million.
Active player accounts were up 4%, at 1,326, and average revenue per active player account was $303, a 9% month-over-month decline.
On the total cash wagers front, casino had an 86% market share, at $8.183 billion, down 1% compared to December. In December casino hit the high-water mark over the nearly four years the market has been live – $8.270 billion.
Sports Betting Sits at 12% Market Share
Sports betting generated $1.180 billion in cash wagers, for a 12% market share, up 8% month-over-month. P2P poker came in at $156 million in cash wagers, a 11% month-over-month increase, for a 2% market share.
On the NAGGR by product category front: $308.9 million to online casino, a 4% decrease compared to December, for a 77% market share, with sports betting at $86.7 million (12% month-over-month dip, for a 22% market share), and P2P poker at revenue of $5.9 million (2% month-over-month increase, and a 1% market share).
Sports betting saw a revenue record of $102 million in November, then generated $99.1 million in December. In January 2025 the Ontario sports betting market saw $92 million in revenue (which at the time was a 133% month-over-month increase).
Those numbers don’t include revenue generated from the Ontario Lottery and Gaming Corporation’s Proline online casino and sports betting platform. The OLG’s releases its fiscal year financial data March 31, 2026.
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