Ontario’s regulated iGaming market recorded another strong month in April, securing CA$313.3 million in nonadjusted gross gaming revenue (NAGGR)—the second-best monthly total ever, trailing only January’s CA$328.4 million.
Market Performance Highlights
- Total cash wagers reached CA$7.795 billion, a slight 2% dip from March, but NAGGR increased by 6%.
- Active player accounts rose to 1.091 million, marking a 3% increase month over month.
- The average spend per player hit CA$287.
- Ontario now hosts 49 licensed iGaming operators and 83 gaming websites.
Casino Leads the Market
Casino gaming continues to dominate, accounting for CA$6.58 billion in total wagers, representing 84% of the market share.
- Casino NAGGR: CA$242.8 million, up 1% from March.
- Sports Betting & Other Wagers:
- Total betting wagers: CA$1.07 billion, down 10% month over month.
- Betting NAGGR: CA$64.5 million, up 34% from March, though down 1% year-over-year.
- Peer-to-peer poker: CA$144 million in wagers, CA$5.9 million in NAGGR, with a 2% share.
Sports Betting Trends
Ontario’s sports betting segment has now seen two consecutive months of year-over-year declines. April’s revenue reached CA$64.5 million, an improvement over March (CA$48 million) but below April 2024’s CA$65 million. This dip aligns with seasonal patterns, as summer months typically see lower betting activity until the NFL season ramps up.
Ontario’s iGaming market remains a strong revenue driver, with casinos leading the charge while sports betting trends adjust with seasonal variations.
