Ontario iGaming — Trend Data

Annual results for Ontario's regulated online market, with the market "hold" (revenue as a share of wagers) computed for each year.

Ontario regulated online market — annual wagers, revenue and hold
Fiscal yearTotal wagersGaming revenue Hold %
FY2023–24C$63.0BC$2.4B3.8%
FY2024–25C$82.7BC$3.2B3.9%

Source: iGaming Ontario — year-3 market results (FY2024–25) (FY2024–25). Hold % = gaming revenue ÷ total wagers, computed by MGI from iGO figures.

Both years land near a ~3.9% hold — meaning that for roughly every C$100 wagered, about C$3.90 is retained as gaming revenue and the rest is returned to players as winnings. Stable hold alongside rising wagers is the signature of a maturing market.

Latest quarter

In Q2 FY2024–25 (Jul–Sep 2024), the market reported C$18.7B wagered and C$738M in gaming revenue, with 51 operators across 83 sites.

Source: iGaming Ontario — Market Performance Report FY2024–25 Q2 (Q2 FY2024–25).

Data reviewed: 2026-07-29.