Ontario sets iGaming revenue and spending records in October
Summary
Ontario posted record iGaming wagering and revenue in October 2025. Players wagered CA$9.25 billion across the regulated market, beating September’s record and marking the third consecutive month of new wagering highs. Non-adjusted gross revenue reached CA$367.7 million — another all-time monthly peak.
Key Points
- Player spending: CA$9.25 billion in October, up 8% from September and 24% year-on-year.
- Online casino dominance: CA$7.89 billion (85% of total wagers).
- Sports betting wagers: CA$1.23 billion (13% of total), up 16% month-on-month.
- Online poker wagers fell 9% month-on-month to CA$131 million, though poker revenue rose to CA$5.6 million.
- iGaming revenue: CA$367.7 million, 9% above the previous record and 38% higher year-on-year.
- Active accounts: 1.3 million in October (up 9% from September); ARPU: CA$286 (up 2%).
- Major operators in market include FanDuel, BetMGM, Bet365 and BetRivers.
Content summary
Data from iGaming Ontario show October 2025 as a standout month: total wagers reached CA$9.25 billion, led by online casino play which accounted for the lion’s share of spend. Sports betting grew strongly month-on-month, while poker wager volumes slipped but revenue for poker ticked up. Overall market revenue climbed to CA$367.7 million, a new high compared with earlier 2025 records. Active player accounts and average revenue per account both increased, signalling greater engagement across the regulated market.
Context and relevance
This matters because Ontario is one of North America’s largest regulated online gambling markets; sustained monthly record-setting indicates accelerating consumer adoption and higher monetisation per account. For operators and suppliers, the data highlight where growth is concentrated (online casino and sports betting) and where product performance is lagging (poker wagering). Regulators and provincial stakeholders will also note the revenue implications and potential tax/consumer-protection needs as activity rises.
Why should I read this?
Quick and useful — if you follow the Canadian iGaming scene or work for an operator/supplier, this gives the latest proof that Ontario’s market is booming. Save yourself a deeper dive: the headline figures tell you what’s growing, by how much, and where to focus attention next.
Author style
Punchy — the piece flags clear market milestones (wagers, revenue, active accounts). If you need to spot trends fast, the data here are worth paying attention to.
Source
Source: https://igamingbusiness.com/finance/ontario-igaming-revenue-spending-records-october/