In April 2022,Ontario sports betting and online casinos launched, but it wasn’t until late 2024 that monthly reports were available. Before then, iGaming Ontario, which administers legal, regulated gambling in Canada’s largest province, only released quarterly numbers.
OntarioBets.com brings you this guide to explain terms such as handle and revenue for mobile sports wagering and online casinos (also known as iGaming).
In 2024, sports betting – a category that also includes esports, props and novelty bets – accounted for more than $10.87 billion in handle, which is the industry term for total wagers accepted.
The companies offering Ontario sportsbook apps include major companies with name recognition across North America, including BetMGM, Caesars, DraftKings and FanDuel.
However, there are also dozens of operators that are either Canada-based or ones that made their name primarily in Europe, especially in the United Kingdom.
You can place a wager with any of those Ontario sports betting companies. Anyone interested can sign up and use their smart phone, laptop or desktop computer to wager.
The iGO administers online gaming in the province but the Alcohol and Gaming Commission of Ontario regulates legal wagering in the province, offering the most robust gaming market in Canada. The iGO is a subsidiary of the AGCO.
The same applies for Ontario online casinos, which draw more wagers than sports betting. For instance, in 2024, online casinos accounted for more than $65 billion in wagers.
Ontario Sports Betting, January vs. December
Total handle
Total revenue
January
$7.836B
$327.9M
December
$7.817B
$269.3M
Change
Up 0.2%
Up 21.8%
January was an overall record month for both handle and revenue at Ontario’s legal online casino, sports betting and online poker sites.
The total combined betting handle, or amount wagered, with those operators in the first month of 2025 was $7.836 billion, according to figures reported by iGaming Ontario. That was up 0.2% from December’s $7.817 billion, which had been the record.
January’s total combined betting revenue was $327.9 million for the province, up 21.8% from December’s $269.3 million. That easily surpassed the previous mark of $290.9 million from November 2024.
To break it down by segment, the casino handle in January was $6.508 billion, down 0.4% from December ($6.535 billion) in a month-over-month comparison. However, both sports betting and peer-to-peer poker saw increases in handle, helping to set the overall record.
Sports betting (including esports, novelty and prop bets) accounted for $1.182 billion in wagers for January, a 3.6% increase from $1.141 billion in December. And Ontario online poker rose 3.5%, from $141 million in the final month of 2024 to $146 million in January.
As for revenue, both iGaming and sports betting set new marks. January’s casino revenue of $230.4 million was up 2.7% from December’s $224.4 million, a record that only stood for a month. Sports pulled in $91.9 million in revenue, breaking the record of $78.5 million from November 2024. January’s figure was a massive 133.8% increase from December, when sports revenue was $39.3 million.
Poker revenue remained static at $5.6 million, the same as December. The iGO reports numbers rounded off into tenths of millions; precise figures down to the dollar are not available.
Ontario Sports Betting Handle and Revenue FAQs
Sports betting and iGaming in Ontario launched in April 2022. Since then, it has become the largest regionalized gaming market in North America. The total market in the United States is larger than Canada but Ontario’s market has seen more handle than any state, with New York being the biggest legal market in the USA.
As of late 2024, iGaming Ontario issues numbers each month for wagering revenue and handle throughout the province. In the first two-plus years after the market launched, numbers were submitted quarterly. Monthly numbers are released 2-3 weeks after the end of each month.
The Alcohol and Gaming Commission of Ontario regulates legal wagering in the province. Its subsidiary, iGaming Ontario, administers legal online wagering for sports and casino games.
The money placed by bettors using online devices – such as desktops, laptops or mobile phones – is referred to as mobile sports betting handle.
Handle is simply the amount of wagers accepted each month. Anyone wishing to place a bet must be physically located within Ontario’s borders to wager. Revenue is the money that operators keep after they pay out winning bets. The province offers Ontario online poker in a peer-to-peer format as well as sports betting and casino games such as slots and other card games.
The veteran team of Ontario sports betting and casino experts behind OntarioBets.com help you find the best Ontario sportsbooks and online casinos that are right for you.
