Ontario Online Gambling Revenue Breaks $400 Million in November

Ontario’s regulated online gambling market recorded over $400 million in revenue for the first time in November. Data from iGaming Ontario shows that monthly non-adjusted revenue reached $406.2 million, representing a 10% increase in October and a 39% increase in November 2024. 

Player wagering activity also hit new heights. Bettors in the Ontario sports betting and Ontario online casinos markets placed $9.33 billion in cash wagers during the month, edging past October’s previous high and marking a 25% year-over-year increase. Active player accounts rose to nearly 1.3 million, the highest monthly total on record, while average revenue per active account hit $313, up 9% from the year prior.

Online casino products continued to dominate, accounting for $298 million, although the share of revenue from casino wagering declined to 73% as sports betting showed a significant revenue rebound. The sports betting segment hit $102 million, the highest monthly total since the regulated market launched in April 2022, and a 75% increase from October. 

Since Ontario’s commercial iGaming market opened, players have wagered more than $247 billion, producing $9.78 billion in operator revenue and nearly $1.45 billion in tax revenue for the province. However, the figures do not include wagering on the Ontario Lottery. Residents continue to take advantage of the best casino bonuses and sportsbook promos.

Ontario iGaming also showed steady growth in its third year, rising 32% between April 2024 and March 2025, generating $82.7 billion in wagers and $3.2 billion in gross gaming revenue. 

Senators call for federal gambling ad ban

As Ontario’s online gambling revenues continue to climb, concerns about the social impact of gambling have led to new calls for tighter restrictions on advertising.

Senators Percy Downe and Marty Deacon have written to the prime minister to urge the federal government to direct the Canadian Radio-Television and Telecommunications Commission (CRTC) to ban advertising by the best sportsbooks in Canada.

In a letter, supported by 40 other senators, they argue that the volume of gambling ads encourages wider participation and exposes audiences of all ages to gambling. They referred to research showing that gambling ads accounted for over 20% of sports broadcasts on average.

Senator Downe stated that the proliferation of betting options following the legalization of single-event sports betting in 2021 has exacerbated the issue. 

Health professionals have also raised concerns, particularly about the impact on younger viewers. Speaking to a local media outlet, therapist Elizabeth Stephen said that constant exposure to betting ads during sports events can be very influential on young people. She also said some of her clients find it hard to watch sports because the volume of adverts is triggering for them. 

Charlottetown MP Sean Casey has also said he supports stronger limits on gambling adverts, citing social harm risks and public health concerns. But although not completely ruling out a full ban, he pointed to Bill S-211, which is currently before Parliament, that proposes a national framework for sports betting adverts, saying this is preferable to a complete ban.