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, October vs. September
Total handle
Total revenue
October
$9.249B
$367.7M
September
$8.548B
$329.4M
Change
Up 8.2%
Up 11.6%
October was another record-shattering month for Ontario gambling, according to figures from iGaming Ontario.
The total betting handle for the month – from online casino, sports betting and poker combined – was $9.249 billion CDN. That was an 8.2% increase from $8.548 billion in September, a record that lasted one month.
The total combined betting revenue of $367.7 million, up 11.6% from September ($329.4 million), also broke the record of $338 million that has stood since May 2025.
Another mark that has been reset in consecutive months is the amount wagered at online casinos. That handle was $7.884 billion in October, up 7.4% from September’s record of $7.343 billion.
October casino revenue was $303.8 million, up 9.4% from September’s $277.8 million, which was another record that stood only for a month.
Wagering on sports and other betting (including esports) also hit a new high in Canada’s most populous province during the 10th month of 2025. That handle spiked 16.3% in a month-over-month comparison, from $1.061 billion in September to $1.234 billion. The record of $1.187 billion, set in November 2024, fell after nearly a year.
The lone segment of reported figures that dropped in October was peer-to-peer Ontario poker handle, which decreased 9% from September’s $144 million to $131 million.
October sports and other betting revenue was $58.3 million in October, up 25.4% from $46.5 million in the previous month, and peer-to-peer poker revenue rose to $5.6 million, up 9.8% from $5.1 million in September.
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.
