All About Ontario Sports Betting Handle And Revenue

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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, March vs. February

 

Total handle

Total revenue

March

$9.591B

$387.0M

February

$8.734B

$342.4M

Change

Up 9.8%

Up 13.0%

The third month of the year delivered strong results and even a few records for Ontario’s online gambling market, according to figures that iGaming Ontario posted on its website. 

The province broke a record with $9.591 billion in handle during March for the combined online casino, sports and other betting and poker sectors. That was up 9.8% from February ($8.734 billion) and surpassed the mark of $9.520 billion, set in January 2026, in Canada’s most populous province,

Ontario’s online casino handle, or amount wagered, was $8.328 billion, up 8.8% from February ($7.653 billion). That broke another record, which had been $8.270 billion in December 2025.

During March, Ontario’s sports and other betting handle was $1.080 billion, a 14.2% increase over the $946 million wagered the previous month. That sector produced $61.6 million in revenue, 0.5% higher than February’s $61.3 million.

Ontario online poker produced a record-breaking handle of $183 million in the province, breaking the $159 million that had been the high mark since January 2024. That was also 35.6% higher than February’s $135 million.

Combining the various online betting options available to Ontario residents, March’s total revenue was $387.0 million, up 13.0% from February ($342.4 million). Online casino revenue accounted for $318.5 million of that (up 15.5% from $275.7 million in February) and poker contributed $6.9 million, 27.8% higher than February’s $5.4 million.

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

Christopher Boan

Christopher Boan is an iGaming reporter at OntarioBets.com. He's covered sports and sports betting in Canada and the US for more than ten years.

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