Toronto, Ontario – Ontario's regulated online gaming market has generated over $10 billion in total operator revenue since its launch in April 2022, according to data released by iGaming Ontario (iGO), the agency responsible for managing the province's online gaming operations. This milestone underscores a decisive shift by Ontario consumers toward licensed, provincially regulated platforms, away from offshore websites that once dominated the market.
In the 2025 calendar year alone, licensed operators handled approximately $98.3 billion in total wagers, generating $4 billion in total non-adjusted gross gaming revenue (NAGGR), representing year-over-year increases of 26% and 34%, respectively. December 2025 capped off the year with record highs: $9.5 billion in total wagers and $425.4 million in revenue. Ontario levies a 20% tax rate on iGaming revenue, meaning the province collected approximately $807 million in tax revenue from the regulated market in 2025 alone, with cumulative tax revenue since launch reaching approximately $2.04 billion.
This growth reflects a broader shift in consumer behavior. A joint study released by the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario revealed that 83.7% of Ontario players surveyed between January and February 2025 reported using regulated gaming websites. This figure is significantly higher than it was three years ago when the market launched, when the majority of real-money online gaming activity occurred on offshore platforms not subject to provincial regulation and consumer protection frameworks.
“What we’re seeing in Ontario is a regulated market maturing and delivering real results for consumers and the province,” said Jonathan Farrell, contributing editor at CASINOenquirer and iGaming industry consultant. “These numbers tell a clear story: when players have access to licensed operators that are accountable for fair play, responsible gambling, and timely payouts, they choose those platforms. The challenge for consumers now isn’t whether to play on a licensed site, but determining which of the 80+ approved operators best suits their preferences.”
Ontario currently operates the most competitive regulated online gaming market in North America, with the highest number of licensed operators. Online casino gaming accounts for the majority of activity, representing 87% of total wagers and 75% of total revenue in December 2025. Active player accounts increased to 1.27 million by year-end, a 24.5% increase from 2024, while average revenue per active account reached a record $334.
The province's success has garnered attention from other jurisdictions. Alberta has passed the iGaming Alberta Act, establishing a framework modeled after Ontario's competitive, multi-operator approach.