In April 2022,
Ontario sports betting Online casinos began their operations, but it wasn't until late 2024 that monthly financial reports became accessible. Prior to that, iGaming Ontario, the governing body overseeing regulated gambling in Canada's largest province, only provided data on a quarterly basis.
This guide from deereplanet.com is designed to clarify concepts such as 'handle' and 'revenue' in relation to mobile sports betting and online casino activities, commonly referred to as iGaming.
During 2024, the sports betting sector—which encompasses esports, proposition bets, and novelty bets—surpassed a whopping $10.87 billion in handle, which refers to the total amount of wagers placed.
The companies offeringOntario sportsbook apps The market includes notable firms that are well-known across North America, such as BetMGM, Caesars, DraftKings, and FanDuel.
In addition to these prominent names, there are numerous operators that either hail from Canada or gained popularity primarily in Europe, with a significant presence in the United Kingdom.
Feel free to place bets with any of the listed Ontario sports betting firms. Anyone with an interest can easily register and use their smartphone, laptop, or desktop to participate in wagering.
While iGaming Ontario oversees the online gaming landscape within the province, the Alcohol and Gaming Commission of Ontario is responsible for regulating all lawful wagering activities, culminating in the most comprehensive gaming market across Canada. iGaming Ontario operates as a part of the AGCO.
The same applies forOntario online casinos Certain sectors within the gaming industry tend to attract more bets than sports betting itself. For example, in 2024, online casinos garnered over $65 billion in wagers.
Ontario Sports Betting, April vs. March
Â
Total Handle
Total Revenue
April
$7.795B
$313.3M
March
$7.955B
$296.0M
Change
Down .02%
Up 6%
Following an unprecedented March, Ontario's iGaming providers experienced a slight decline in their overall handle in April. Nonetheless, there are signs of ongoing growth as Canada’s exclusive regulated open gaming market begins its fourth year.
According to the latest figures from the province’s regulatory body, the cumulative handle for Ontario's online casinos, sports betting, and poker in April stood at $7.795 billion. This represented a marginal decrease of $160 million (or 0.02%) compared to the record $7.955 billion set in March. Comparatively, April's handle reflected a notable 26.4% increase from the $6.166 billion wagered in April 2024. iGaming Ontario In April, online casino applications made up $6.584 billion of the total betting activity, while mobile sports betting platforms in Ontario recorded $1.067 billion in wagers. Meanwhile, poker apps logged a handle of $144 million.
Despite a slight dip in the total amount wagered in April, the operators in Ontario reported a consecutive month of increased revenue. In April, they recorded $313.3 million, marking a 6% rise from $296 million the previous month. Ontario's online casino applications maintained steady revenue levels, presenting $243 million in income for April compared to $241 million in March. On the other hand, sports betting apps saw an increase in earnings from $48 million in March to $65 million in April. Poker revenue decreased from $6.7 million in March to $5.9 million the following month.
As reported by iGaming Ontario, there were 1.09 million active player accounts, reflecting an increase of around 300,000 accounts since March. The average revenue generated per account was $287, showing a 3% uptick from March's figure of $279.
Stay updated with the latest developments and news regarding sports betting in Ontario.
When did the sports betting initiative in Ontario commence?
How frequently are Ontario's online sports betting revenue figures published?
Who oversees the regulation of sports betting in Ontario?
The total amount wagered by players utilizing online devices, such as computers, laptops, or smartphones, is termed the mobile sports betting handle.
What distinguishes handle from revenue in the context of sports betting?
The experienced team at deereplanet.com assists users in finding the most suitable sportsbooks and online casinos in Ontario.Ontario online poker Endorsed by leading media outlets such as:
