Online gambling spend and revenue in Ontario both increased year-on-year during February, according to new monthly statistics published by the Canadian province’s market regulator.
Previously, iGaming Ontario released online gambling data on a quarterly basis. However, as confirmed by the regulator in January, it has switched to monthly reports, with the February set published on 19 March.
In February, consumers spent a total of CA$7.13 billion (£3.84 billion/€4.56 billion/US$4.96 billion) on gambling. This is 26.9% higher than last year, with figures now available for each month of regulated igaming in Ontario. The province opened its legal market in April 2022.
Month-on-month, however, the February total was 9.1% behind January.
Online casino leads the way in Ontario
As for how players were gambling, $6.07 billion of all wagers were on casino-type games in February. This beat the previous year by 30.5% and represented 85% of all February bets.
On top of this, online sports betting spend among consumers totalled $930 million. Again, this was comfortably higher than last year, surpassing February 2024 by 12.6%.
The remaining $130 million was spent on peer-to-peer online poker gaming, down by 6.5% year-on-year.
February online gambling revenue rises to $280 million
In terms of revenue, monthly total in Ontario hit $280 million, a year-on-year rise of 19.2%. This was, however, 5.7% behind January.
Breaking this down, online casino game revenue amounted to $214 million, up 30.5% from the previous year and 76% of total monthly revenue.
Sports betting revenue for February reached $62 million, an increase of 47.6.%. This resulted in a 6.67% monthly hold for the province.
Online poker revenue, meanwhile, slipped 9.4% to just under $5 million.
The data covers all operators that have an agreement in place with iGaming Ontario. It does not, however, include OLG’s igaming offering or pari-mutuel wagering on horseracing.
