1 Ontario IGaming Reports Record Wagering, Revenue In October

brittlovins412 edited this page 2026-04-29 21:53:28 -05:00

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

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

- Blue Jays' success harms operator revenues.

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

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

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

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

The Blue Jays made it to their first World Series considering that 1993, and the NHL and NBA regular seasons began throughout October, leading to a $1.23 billion sports wagering handle and a 16% year-over-year boost. The previous record was $1.19 billion embeded in November 2024.

Blue Jays eliminate 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 grew off heaven Jays' run through the American League, and it might've been worse if they had won all of it.

Toronto lost to the Los Angeles Dodgers in seven video games, which assisted sports wagering platforms rack up high wagering figures and save them from any huge World Series winner odds payouts.

Active players, poker revenue increase

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

Profits might see an even larger spike next October after a court of appeals judge online poker gamers to complete in peer-to-peer video games with gamers in other nations. Daily fantasy sports, which stopped being used in the Province in 2022, is also anticipated to make a return to Ontario as well.