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Ontario's iGaming Sector Hits Record Revenue in May 2025

TL;DR

Ontario's iGaming market hit a record CA338.0 million in May 2025, offering operators and investors a lucrative opportunity in a rapidly growing sector.

In May 2025, Ontario's iGaming revenue reached CA338.0 million, driven by online casinos and sports betting, with a 40.3% increase from May 2024.

The regulated iGaming market in Ontario contributes significantly to the province's economy, creating jobs and generating revenue for public services.

Ontario's online gambling scene broke records in May 2025, with players wagering over CA8 billion, showcasing the sector's explosive growth.

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Ontario's iGaming Sector Hits Record Revenue in May 2025

Ontario's iGaming sector witnessed a historic surge in May 2025, with gross gaming revenue (GGR) reaching a record CA$338.0 million. This figure represents a 2.9% increase from the previous high and a 40.3% rise compared to May of the previous year. The sector's growth was further highlighted by total player wagering exceeding CA$8 billion for the first time, marking a robust 28.9% year-on-year increase.

Online casinos led the market, generating CA$259.8 million in revenue, which made up 77% of the total iGaming revenue. Sports betting also demonstrated strong performance, contributing CA$71.8 million, while online poker experienced an 18.9% increase in revenue. Despite a slight decline in active player accounts, the average revenue per active player account increased by 10.0%, indicating higher spending among engaged players.

With 50 licensed operators and 86 websites, Ontario's iGaming market stands as a competitive and flourishing sector. This record-setting performance not only reflects the growing consumer demand for online gambling but also underscores the effectiveness of Ontario's regulated market in fostering significant economic activity.

Curated from News Direct

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