Ontario Online Gambling Revenue Surpasses $10.2B Since Launch

The regulated Ontario online gambling industry reached new heights in December, with total revenue since its 2022 launch exceeding $10.2 billion, including $2.04 billion in tax revenue. The month was also the best ever in Ontario's online gambling history. 

Reported by iGaming Ontario, revenue in December reached $425.4 million, exceeding the prior monthly record of $406.2 million set in November 2025. The month-over-month increase was 4.7%, with December and November remaining the only months in which Ontario's online gambling market surpassed $400 million in revenue.

For the full 2025 calendar year, online Ontario sports betting and Ontario online casinos gross gambling revenue totaled $4.04 billion. That figure was up 34% from $3.01 billion in 2024 and represents a 78% increase from $2.27 billion in 2023. 

Online casino activity continued to dominate the market. Revenue for the segment reached $3.15 billion in 2025, up 40% from $2.25 billion the previous year and up 92% from $1.64 billion in 2023. Additionally, online casinos saw their highest one-month figure since their 2022 launch in December, with $320.5 million in revenue, marking the second month with over $300 million in revenue for the sector. 

Ontario sports betting also recorded year-over-year growth in 2025. Sports betting revenue totaled $814.9 million, an 18.6% increase from $687.1 million in 2024 and a 43% increase from $570 million in 2023. However, the figures are still well behind those of online casinos in terms of revenue.

Online sports betting revenue totaled $99.1 million, the second-highest monthly figure on record, trailing only November's $102 million. Online poker revenue was $5.8 million in December, down from $6.3 million in November.

AGCO proposes a $350,000 penalty against FanDuel 

While the province's online gambling sector continues to grow, its regulator has been taking enforcement action against a sportsbook to ensure betting integrity in Ontario remains strong. This month, the Alcohol and Gaming Commission of Ontario (AGCO) proposed a $350,000 penalty against FanDuel Canada related to unreported suspicious betting activity. 

The regulator said FanDuel took nearly 150 bets from three bettors in Ontario on Czech Table Tennis Star Series matches between Oct. 23 and Nov. 30, 2024.

The AGCO said the betting activity showed multiple indicators commonly linked to potential match-fixing. Those indicators included abrupt changes in wagering behavior, suspicious bets on athletes losing matches, unsubstantiated win rates, and other unusual betting patterns. The regulator said FanDuel failed to identify and report the activity, allowing it to continue for several weeks.

According to the AGCO, the suspicious activity occurred even after it issued warnings about integrity concerns tied to the tournament. The regulator said the failure to report the activity constituted a breach of the operator's responsibilities under Ontario's regulatory framework. 

FanDuel was given 15 days to appeal the proposed penalty.