Ontario closes 2025 with record iGaming activity

Active accounts dip while revenue keeps rising

December recorded about 1.276 million active gaming accounts across regulated casinos. That total was slightly lower than November but higher than early 2025 levels. The annual increase reached more than 15%, according to market data.

Revenue per active account told a different story. Average revenue per active account rose 7% during December to CAD 334. Yearly growth in this metric reached 13%, pointing toward deeper user spending.

This trend may suggest stronger loyalty among high-value players. Hence, fewer accounts still produced higher overall returns for operators.

Online casino products dominate market results

Casino-style games continued to drive most market activity in December. They accounted for 87% of all bets, totaling roughly CAD 8.27bn. Casino revenue reached CAD 320.5m — representing 75% of total revenue.

Compared with November, casino revenue increased by 8%. That growth reinforced casinos as the main engine behind December’s surge.

Sports betting showed the opposite direction late in the year. Total sports bets fell to CAD 1.089bn, down 13% month on month. Seasonal schedules often affect results — and December followed that pattern.

Poker remained a smaller but interesting segment. Bets rose 9% to CAD 141m, while revenue slipped to CAD 5.8m. Key December product shares included:

• Online casinos leading overall volume

• Poker showing mixed margin performance

Quarterly trends reveal a clear year-end pattern

Ontario’s quarterly figures show a familiar rhythm. Spring brought recovery after winter declines volumes. Summer months increased activity and account creation across casinos. Autumn delivered rising revenue — peaking strongly in December.

Revenue growth accelerated late in the year. October produced CAD 368.1m, followed by CAD 406.2m in November. December closed at CAD 425.4m — the highest monthly result so far.

2026 could test the market’s next phase

Looking ahead, 2026 may reshape Ontario’s regulated iGaming framework. Court decisions in late 2025 opened discussion around cross-border P2P games. That change could affect poker and daily fantasy contests.

Any move forward will require coordination with governments and provinces. Ontario remains Canada’s only fully regulated online gaming market — for now.