Ontario gambling closes 2025 with a historic December posting $9.5 billion in wagers and $425.4m revenue, capping a year of unprecedented growth. The stats have only just been published by iGamoimg Ontatrio early February, and so we took a deep dive to see how the market performed.
Key Highlights
- December 2025 posted $9.5 billion in wagers (up 21.5% YoY) and $425.4M in revenue (up 89% YoY)
- Casino dominated with $8.27 billion in wagers, up 26.4% YoY
- Sports betting showed $1.09 billion in handle with revenue up 150% YoY despite a 4% handle decline
- Poker remained flat at $141 million in wagers, matching December 2024 exactly
The official statistics we’ve used in our latest report are available directly from the iGaming Ontario website via its iGaming Ontario’s Market Performance Report.
Overview
December 2025 delivered another banner month for Ontario's regulated iGaming market, posting $9.5 billion in total wagers and $425.4 million in Non-Adjusted Gross Gaming Revenue. The month capped a record-breaking year in which total handle reached nearly $100 billion, confirming Ontario as North America's premier regulated online gambling jurisdiction.
Wagers climbed 2% month-over-month from November's $9.33 billion, while revenue jumped 5% from $406.2 million. Year-over-year comparisons reveal even stronger momentum, with wagers up 21.5% from December 2024's $7.82 billion and revenue surging 89% from $224.6 million.
Active player accounts reached 1.276 million, down 2% from November but up 24.5% year over year. Average revenue per account reached a record $334, up 7% month over month and 27% year over year, indicating that operators achieved stronger monetization across all verticals.
Online Casino Stats – YoY Wagers Rise 26.4%
Ontario casinos finished the year with authority, posting $8.27 billion in December wagers and $320.5 million in revenue. The month-over-month growth of 4% in handle and 8% in revenue demonstrates consistent strength heading into 2026.
Year-over-year comparisons tell a compelling story. December 2024 recorded $6.54 billion in wagers and $224.6 million in revenue. December 2025's results represent a 26.4% increase in wagering activity and 42.7% revenue growth, confirming casinos as the market's dominant force.
Casinos commanded 87% of total market handle and generated 75% of gaming revenue, maintaining their position as the engine driving Ontario's iGaming expansion. The vertical's ability to grow both participation and operator returns demonstrates a healthy market dynamic.
| Period | Revenue | Change (YoY / MoM) |
|---|---|---|
| December 2023 | $4.87bn | — / — |
| December 2024 | $6.54bn | +7% / +34.3% |
| December 2025 | $8.27bn | +4% / +26.4% |
Sports Betting Stats – Revenue Rebounds Despite Handle Dip
December sports betting presented a mixed picture, with handle declining 13% month-over-month to $1.09 billion after November's remarkable surge. The sequential decrease reflects typical post-NFL midseason patterns and the absence of major playoff events.
However, revenue performance remained robust at $99.1 million, down just 3% from November's record $102 million but up dramatically from December 2024's $39.6 million. The 150% year-over-year revenue growth, despite a 4% decline in wagering, highlights significantly improved operator hold rates during key sporting events.
Sports betting now represents 11% of total market handle but generates 23% of gaming revenue, demonstrating its importance to operators. The final two months of 2025 established new revenue benchmarks that will likely define competitive dynamics heading into 2026.
| Period | Revenue | Change (YoY / MoM) |
|---|---|---|
| December 2023 | $1.04bn | — / — |
| December 2024 | $1.13bn | +20% / +8.7% |
| December 2025 | $1.09bn | -13% / -4.0% |
P2P Online Poker Stats – Handle Holds Flat YoY
Poker wagers remained stable at $141 million, matching December 2024 exactly while posting a 9% month-over-month increase. Revenue reached $5.8 million, down 7% from November but up 3.6% year-over-year.
The vertical maintains 1% of total wagering and under 2% of gaming revenue. December's flat year-over-year handle suggests poker has reached its current equilibrium within Ontario's isolated liquidity pool, delivering steady returns without cannibalizing other verticals.
| Period | Revenue | Change (YoY / MoM) |
|---|---|---|
| December 2023 | $153m | — / — |
| December 2024 | $141m | 0% / -7.8% |
| December 2025 | $141m | +9% / 0% |
Ontario's 2025 Delivers A Year of Maturation and Records
December's $9.5 billion handle and $425.4 million revenue capped a transformative year for Ontario's regulated market. With nearly $100 billion in annual wagers and sustained growth, the province has established itself as the benchmark for North American iGaming.
Casino maintains overwhelming dominance while delivering player value, sports betting has found its revenue footing, and poker provides niche stability. As Ontario enters 2026 with 48 licensed operators, the foundation for continued growth remains firmly in place.
