Ontario iGaming Revenues Hit Second-Highest Figure Ever in April

Ontario has released its iGaming numbers for April 2025, revealing a 6% month-on-month increase in non-adjusted gross gaming revenue.
Ontario iGaming Revenues Hit Second-Highest Figure Ever
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Ontario has released its monthly gaming numbers for April 2025, revealing a 6% month-on-month increase in non-adjusted gross gaming revenue across all its iGaming sectors. It also makes the month the second most successful in history for non-adjusted gross gaming revenue in Ontario online casino history.

The numbers from iGaming Ontario revealed that total cash wagers fell by 2% month-on-month to $7.7 billion. However, that didn’t impact non-adjusted gross gaming revenue, which also far exceeded the $250 million generated the year prior. 

Both active player accounts and average revenue per active player account increased by 3% month-on-month. 

Rise in casino revenue

Ontario splits its iGaming numbers into three verticals: casino, betting, and player-to-player poker. Casino is the most dominant revenue generator, accounting for 78% of the total in April 2025, at $242.8 million, a rise of 1% month-on-month.

The betting vertical saw the most significant growth, increasing by 34% month-on-month and taking a 21% share. Meanwhile, poker revenue actually fell by 11% month-on-month, but considering it only accounts for 2% of the market share, it didn’t impact the overall numbers too much.

A fall in spending

Every vertical saw a drop in spending in April 2025 compared to March 2025. Interestingly, the most significant fall was in betting, even though revenues jumped the most for this sector. Betting spending fell to just over $1 billion, a 10% fall month-on-month. Betting spending only accounted for 14% of the market. 

Casino spending fell by 1% to $6.5 billion, covering 84% of the market. Meanwhile, player-to-player poker collected a spend of just $144 million, falling 2% from the month prior and capturing 2% of the market. 

Positive trends continue

The new financial year for iGaming Ontario starts in April, making this the first month of revenue for the 2025/26 year. Q4 2024/25 saw month-on-month growth in non-adjusted gross gaming revenue in two out of three months, including January, which set the record for monthly non-adjusted gross gaming revenue. 

April 2025 also marks the sixth consecutive month for Ontario gambling operators having over one million active player accounts. 

Despite the Ontario iGaming market launching in April 2022, the market continues to adapt and evolve. For example, Kambi recently announced it would become the official operator of the Ontario Lottery and Gaming Corporation (OLG)’s sportsbook provider.