October’s CA$367.7m Sets New Monthly Revenue Record for Ontario’s iGaming Industry - World Casino News

Ontario’s regulated iGaming market continued its run in October, setting new highs in both wagering and revenue. The latest figures illustrate a market that’s still expanding. With increased player engagement, rising average revenue per user, and sustained interest in online casino and sports betting, October confirmed Ontario’s position as one of North America’s most vibrant digital gaming markets.

Wagering climbs to CA$9.25bn, extending Ontario’s record streak

Consumers placedCA$9.25 billion in online wagersduring October, setting a new monthly peak for the third consecutive time. That figure surpassed September’s previous benchmark of CA$8.55 billion by 8%, while coming in 24% ahead of last October’s total.

Online casino play accounted for the lion’s share of activity. At CA$7.89 billion in total wagers, casino games accounted for around 85% of all iGaming spend. Slots, live dealer tables, and other digital casino titles remain the dominant driver of Ontario’s market, outpacing sports betting wagering by a wide margin. Sports betting still played a substantial role, generating CA$1.23 billion in wagers – good for 13% of the province’s total.

Poker bucked the upward trend, however. Online poker spend dipped to CA$131 million, marking a 9% month-over-month decline.

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Revenue surges to CA$367.7m, another high for the province

The market produced CA$367.7 million in non-adjusted iGaming revenue, setting a new monthly record and surpassing the previous high of CA$338 million in May 2025.

The result represents a 9% lift from the prior record, a 12% jump from September, and a 38% increase over October 2024.

Online casinos once again led the way, posting CA$303.8 million in revenue for the month. This figure reflects a 9% rise over September, demonstrating the consistent and resilient nature of the casino market.

Sports betting revenue performed even more impressively on a relative basis, climbing 25% month-on-month.

Online poker revenue landed at CA$5.6 million, representing a 10% rise from September despite the drop in wagers. The reversal between spend and revenue may reflect variance in tournament outcomes, higher participation in premium-buy-in events, or strategic adjustments operators made to their rake and tournament fee structures.

1.3 million active player accounts

Ontario’s strong October performance also stemmed from continued growth in player participation. iGaming Ontario reported 1.3 million active player accounts for the month, marking a 9% increase from September. The consistent influx of new and returning players illustrates the market’s broad appeal and the effectiveness of operators’ efforts to enhance user experience.

Average revenue per active account in October reached CA$286, edging 2% higher month-over-month.

A competitive field

Ontario’s iGaming expansion is underpinned by the lineup of licensed operators. FanDuel, BetMGM, bet365, and BetRivers remain among the most influential platforms.

These operators continue to invest in Ontario-specific product enhancements, from more localized sports betting markets to broader casino catalogues and expanded live dealer options. For example, Bet365 has just partnered with Evolution-owned studio Ezugi to add live casino titles, including Revolution Roulette and Lucky 7.

No signs of slowing

Ontario’s October numbers reflect a maturing market that still has plenty of room to grow. Three straight months of wagering records underscore the demand and speak to a player base that is active across multiple verticals.

Meanwhile, revenue achieving an all-time high highlights operators’ success in retaining players and adapting to changing trends in player behavior. The revenue growth is particularly noteworthy given the increasing competitiveness among operators, suggesting that the province’s regulated environment continues to promote sustainable expansion.

What other provinces might do in response

Ontario’s continued growth is likely to attract the attention of regulators in other provinces. Many will be watching for lessons on consumer behavior and the impact of open licensing. While each province has its own regulatory structure and political considerations, Ontario’s results offer some points of reference forjurisdictionsconsidering changes to their iGaming frameworks.

One takeaway is the role of a competitive, multi-operator environment. Ontario’s model allows a wide range of private operators to compete, creating more choice for players. Provinces with more limited or state-monopoly structures may look at whether broader participation could help curb offshore play or increase play on regulated si