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All About Ontario Sports Betting Handle And Revenue

All About Ontario Sports Betting Handle And Revenue

By Steve Bittenbender

August 27, 2025 12:20pm

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, July vs. June

	Total handle	Total revenue
July	$7.563B	$311.0M
June	$7.259B	$306.8M
Change	Up 4.2%	Up 1.4%

Thanks to a strong month for online casino play, Ontario’s approved iGaming apps saw monthly wagering increase by more than 4% in July.

According to iGaming Ontario, $7.563 billion was wagered across all casino, sports betting and poker apps for July in the province. That’s a 4.2% jump from the $7.259 billion CDN that the operators reported accepted in June.

On a year-over-year basis, wagering in Ontario increased by 24% from the $6.098 billion operators reported for their July 2024 handle.

Online casinos accounted for $6.737 billion of July’s handle, and that was up by 5.9% from June’s $6.359 billion. The province’s online poker apps also saw increased participation in July as their $139 million tally grew 5.3% from June’s $132 million.

The only sector where handle (or amount wagered) declined was sports, which includes esports, props and novelty bets. Online sports betting apps saw their collective handle drop 10.4% in a month-over-month comparison, from $768 million in June to $688 million in July.

Across all three sectors, revenues rose modestly in July. The $311 million earned last month was 1.4% better than $306.8 million in June. Online casino apps generated $252.3 million in July, and that was a 3.8% improvement over June’s $243 million.

Ontario online poker revenue grew by 9.3% from $5.4 million in June to $5.9 million in July. Meanwhile, Ontario online sportsbooks experienced a 9.8% monthly revenue decline from $58.4 million the previous month to $52.7 million in July.

The $311 million in revenues also represented an increase of 28.5% from their July 2024 total of $242 million.

The iGaming Ontario numbers reported don't include handle or revenue at an operator level.

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.

Author

Steve Bittenbender

Steve Bittenbender

Steve is an accomplished, award-winning reporter with more than 20 years of experience covering gaming, sports, politics and business. He has written for the Associated Press, Reuters, The Louisville Courier Journal, The Center Square and numerous other publications. Based in Louisville, Ky., Steve has covered the expansion of sports betting in the U.S. and other gaming matters. He shares his expertise on OntarioBets, among other sites.

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