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, February vs. January
Total handle
Total revenue
February
$7.125B
$280.1M
January
$7.836B
$327.9M
Change
Down 9.1%
Down 14.6%
Gaming operators in Canada’s most populous province saw slight month-over-month declines across the board in February compared to January. The dips ranged from 6.8% in handle for casino operators to 21.3% for sports betting companies in Ontario.
Overall, the total combined betting handle for Ontario operators across the province’s sports betting, retail/online casino and peer-to-peer poker segments was $7.125 billion CAD, down 9.1% month-over-month from the $7.836 billion reported in January, which was a record.
Of that total, $6.065 billion came from play at Ontario casino apps, down 6.8% month-over-month from the $6.508 billion reported in January, in numbers reported by iGaming Ontario on March 19.
In the second month of 2025, $930 million in handle came from sports betting operators in Ontario, representing a 21.3% dip from January’s sum of $1.182 billion. Finally, the province’s peer-to-peer poker handle declined 11%, from January’s total of $146 million to $130 million.
As for revenue, Ontario’s combined total across the three sectors was $280.1 million, down 14.6% from January’s $327.9 million. Of that total, $213.8 million came from casinos in the province (down 7.2% from January’s record total of $230.4 million) and $61.5 million came from sports and other betting revenue (down 33.1% from $91.9 million the previous month, also a record).
Finally, $4.8 million in revenue was from peer-to-peer poker, down 14.3% from the $5.6 million that kicked off the new year.
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.
