Previously, iGaming Ontario, which regulates online gambling in the province, published data on a quarterly basis. However, upon releasing figures for Q3, it confirmed results will now be available every month.

Data is now available for each month since Ontario launched legal online gambling in April of 2022.

Online casino spend reaches new high

Focusing first on Q3, total market spend was 32% higher than in the same quarter of 2023-24. It is also 22% ahead of Q2 of the current financial year. Ontario’s Q3 ran for the three months to 31 December 2024.

Online casino remains by far the main area of interest for players in the province. During Q3, some $18.9 billion was spent in this segment, up 38% on the previous year and another new record for Ontario.

Sports betting spend, including esports, amounted to $3.4 billion, a year-on-year increase of 10%. The other $418 million was wagered on peer-to-peer poker, representing a 3% drop from the previous year.

As for revenue, the market’s total for Q3 reached $826 million. This surpasses the 2023-24 total by 26% and is 12% more than Q2’s $738 million haul.

Online casino revenue amounted to $644 million, up by 37% year-on-year. Sports betting revenue, however, slipped 3% to $166 million while poker revenue was 6% lower at $16 million.

Some 50 operators, running a total of 83 gaming websites, were active in Q3.

More Ontario records tumble in December

As for December, the new monthly report reveals online gambling spend reached an all-time high of $7.8 billion. This beat the previous year by 28% and November’s existing record by 4%.

Online casino spend topped $6.5 billion, another new monthly record that is 33% ahead of 2023-24. Sports bets climbed 9% to $1.1 billion but poker spend slipped 8% to $141 million.

In terms of revenue, the December total stood at $269 million. This is 19% more than in the previous year but 10% shy of November’s $291 million record.

Online casino generated $224 million in revenue, a new monthly high that is 36% more than December of 2023-24. Sports betting revenue, however, fell 28% to $39 million, while poker revenue dropped 7% to $5.6 million.