Ontario IGaming Reports Record Wagering, Revenue In October

Led by an MLB playoffs featuring the Toronto Blue Jays, Ontario set numerous iGaming records in October.


- More than $9 billion was wagered online in Ontario for the very first time.


- Blue Jays' success hurts operator earnings.


- Active users spike 36% year-over-year.


iGaming Ontario reported a new regular monthly betting high of CAD $9.25 billion from casinos, online sports betting, and poker. Total money wagers were up 24% year-over-year and 8% from the record set in the previous month.


The $367.7 million in non-adjusted video gaming revenue surged 38% compared to October 2024 and surpassed August's $334.8 million as the brand-new Ontario iGaming record.


Online gambling establishments, which accounted for 85% of the marketplace share, produced 82% of Ontario iGaming earnings on a record $7.88 billion handle.


The Blue Jays made it to their very first World Series since 1993, and the NHL and NBA regular seasons began during October, resulting in a $1.23 billion sports wagering manage and a 16% year-over-year increase. The previous record was $1.19 billion set in November 2024.


Blue Jays kill profits


Revenue, nevertheless, didn't match the huge uptick in volume. Behind simply a 4.7% hold in October, Ontario online sportsbooks only won back $58.3 million, a 20.4%.% year-over-year decline and down 16% from the previous month.


Bettors flourished off heaven Jays' run through the American League, and it could've been even worse if they had actually won everything.


Toronto lost to the Los Angeles Dodgers in seven games, which helped sports betting platforms rack up high betting figures and conserve them from any enormous World Series winner chances payments.


Active players, poker earnings rise


Active player accounts also reached a new high of 1.29 million in October, a 36% increase. Online poker $131 million in wagers and $5.6 million in earnings throughout October, a 5.7% year-over-year increase.


Profits could see an even larger spike next October after a court of appeals judge favored allowing online poker gamers to complete in peer-to-peer games with players in other countries. Daily fantasy sports, which stopped being provided in the Province in 2022, is also expected to make a return to Ontario too.