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 online betting, November vs. October
Total handle
Total revenue
November
$9.333B
$406.2M
October
$9.249B
$367.8M
Change
Up 0.9%
Up 10.4%
November was another record-breaking month for Ontario online casinos and sports betting as the total handle drew closer to $10 billion CDN, according to Ontario iGaming figures.
The total combined betting handle last month was $9.333 billion throughout the province, a 0.9% increase in a month-to-month comparison with October ($9.249 billion), which had been the high mark. November was the fourth consecutive month that Ontario broke the record for most wagers on online casino, sports and other betting events and peer-to-peer poker combined.
The total combined betting revenue record was $367.8 million, from October – but not for long. In November it exceeded $400 million for the first time, at $406.2M.
Among other records that fell in the 11th month of 2025, the online casino handle increased 0.8% up to $7.95 billion, as the $7.884 billion from October was a mark that stood for only a month.
November’s betting action on sports and other events also set a new standard, with $1.253 billion in wagers accepted, up 1.5% from October’s $1.234 billion; those are the only months where that figure has exceeded $1.2B since the market launched in April 2022.
And the revenue from sports wagers skyrocketed to $102 million last month, a 75.0% increase from $58.3 million in October and surpassing the old mark ($92 million, January 2025) by $10 million.
November’s Ontario online poker handle was $129 million, down 1.5% from October ($131 million), but revenue from that sector rose 12.5%, from $5.6 million to $6.3 million. Casino revenue decreased 1.9%, from a record $303.9 million in October to $298 million last month.
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.
Jim Tomlin is an editor and writer specializing in sports, gambling and the intersection of those industries. He has 30+ years of journalism experience and his work has appeared in the Tampa Bay Times, FanRag, Saturday Down South and Saturday Tradition.
