Gambling News

iGaming Ontario Reports 30% Jump in June Betting Revenue

iGaming Ontario Reports 30% Jump in June Betting Revenue
iGaming Ontario Reports 30% Jump in June Betting Revenue
Share on Social

Ontario’s legal online betting market saw a major boost in June, with total wagers hitting CA$9.46 billion—marking a 30.3% increase compared to the same time last year. This figure ranks as the fifth-highest monthly handle since the province’s market launch in April 2022. Gross gaming revenue was CA$400.6 million, also up 30.6% year-over-year.

Sports Betting Sees large Growth

Sports betting was a standout, with a handle of CA$1.03 billion—up 34.5% from June 2025—and a modest 6% rise from May 2026. Analysts point out the FIFA World Cup played a big role in driving such numbers. Sports betting revenue also climbed sharply, reaching CA$78.6 million for a year-on-year uptick of 34.4%. Despite this impressive growth, some market watchers caution that these figures could dip if the World Cup buzz fades.

Online Casino Performance Strong

Online casinos in Ontario pulled in CA$8.30 billion in wagers during June, making it the third-highest record month, only bested by March and May this year. The province’s active player accounts reached 1.32 million, a 30% increase from last year. Each account generated an average of CA$304, providing a major revenue stream. The government collected CA$80 million in tax from these activities, which hasn’t gone unnoticed by fiscal planners.

Regulatory Context and Market Dynamics

Ontario’s foray into online gambling has been a closely watched case, especially its impact on provincial coffers. The tax revenue generated, amounting to CA$80 million, serves as a testament to the market’s viability. While some jurisdictions have hesitated to fully embrace online gambling, Ontario’s results might just nudge them to reconsider. However, regulatory scrutiny remains, particularly around player protection and fair play. Industry experts suggest that any tightening of regulations could impact future growth.

Looking Ahead

Market analysts will be keeping a close eye on Ontario’s gaming figures in the coming months, particularly as the post-World Cup enthusiasm wanes. And the board will likely assess these numbers during its annual review later this year, which could influence forthcoming regulatory adjustments. The next quarterly report will be a key indicator of whether current growth trends can be sustained.

Latest