Ontario’s online gambling market recorded a historic high in Q3 of the 2024-25 fiscal year, with total spending reaching CA$22.7 billion. This marks a 32% increase compared to the same period last year and a 22% rise from the previous quarter. iGaming Ontario, responsible for regulating the province’s online gaming sector, has also transitioned from quarterly to monthly reporting, providing more frequent insights into market trends. Record-breaking online casino spending The online casino segment continued to dominate, accounting for CA$18.9 billion in wagers during Q3. This figure represents a 38% year-on-year growth and maintains its position as the leading segment in Ontario’s online gaming market. Meanwhile, sports betting, which includes esports, generated CA$3.4 billion in wagers, reflecting a 10% increase compared to the previous year. Peer-to-peer poker saw a slight decline, with wagers amounting to CA$418 million, down by 3%. Revenue figures also reflected growth, with the total reaching CA$826 million for Q3. This represents a 26% increase compared to… Read More

Category: News 

Source: Casino News Daily