Ontario’s Regulated Online Gambling Market Surpasses $10 Billion in Cumulative Revenue

Date:​ March 13, 2026

Category:​ Market Performance & Regulation

Summary:

Ontario’s regulated online gambling market has achieved a significant milestone, generating over $10 billion​ in total operator revenue since its launch in April 2022. According to data from iGaming Ontario (iGO), the provincial agency overseeing the sector, this marks a decisive shift among consumers towards licensed, provincially regulated platforms and away from offshore sites that previously dominated the market. The 2025 calendar year was particularly strong, with licensed operators handling approximately $98.3 billion in total wagers and generating $4 billion in non-adjusted gross gaming revenue (NAGGR), representing year-on-year increases of 26% and 34%, respectively. December 2025 capped the year with record monthly figures of $9.5 billion in wagering activity and $425.4 million in revenue. The growth reflects a broader consumer behavioral shift, with a recent joint study by the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario reporting that 83.7% of surveyed players now use regulated sites .

Key Insight:

  • Market Impact:​ This milestone underscores the success of Ontario’s regulated model in capturing market share from unregulated offshore operators, providing a safer environment for consumers and significant tax revenue for the province.

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