Ontario iGaming Handle Suffers Slight Dip in April

Posted on: May 29, 2026, 09:59h. 

Last updated on: May 29, 2026, 10:43h.

Mark Keast Read More
Expertise: Canadian Gaming, iGaming, Las Vegas, Sports Betting, NFL, Boxing, UFC.
  • Ontario’s regulated market handled CAD 9.31 billion in cash wagers for April—a minor 3% decline from March’s record-setting CAD 9.59 billion
  • While overall betting handles cooled, sports betting net non-adjusted gross gaming revenue (NAGGR) skyrocketed 40% month-over-month to reach CAD 86 million
  • Total market revenue across all sectors climbed 5% from March, topping CAD 405.4 million as robust online casino margins offset seasonal volume drops

According to financials released by iGaming Ontario (IGO), the province’s competitive market saw a minor 3% dip in April’s betting handle—a shift driven by seasonal post-March Madness slowdowns and a recent contraction in operator depth.

The Ontario regulated igaming market generated CAD $9.31 billion in cash wagers in April, according to an iGaming Ontario financial statement. (Image: SBC)

Casino Remains Dominant Product Category

Total cash wagers for the province came in at CAD $9.31 billion, a 3% month-over-month decrease. Conversely, total non-adjusted gross gaming revenue (NAGGR) saw a 5% month-over-month increase, reaching CAD $405.4 million.

Active player accounts also ticked up by 2% compared to March, climbing to 1.265 million with an average revenue per active account of CAD $321.

When looking at product categories, a big decrease P2P poker activity stood out, looking at the financials – a steep 30% drop in cash wagers (CAD $128 million), and a 24% drop in NAGGR (CAD $5.3 million).

Exits and Entrances

As of May 29, there were 44 licensed iGaming operators doing business in Ontario, running a total of 77 gaming websites.

The market saw brands like Casumo and Conquestador exit over the spring, while Toronto-based Rivalry suspended all player activity in February amid a corporate restructuring.

Hard Rock Digital had its license approved earlier this month and will soon be going live with an igaming platform in Ontario.

Big Increase in Sports Betting Revenue

As has been the case since the regulated Ontario igaming market launched in April 2022, casino dominated – 87% market share in handle (CAD $8.142 billion), and a 2% month-over-month decrease. In terms of NAGGR, casino came in at CAD $314.1 million, for a 77% market share, and a decrease of 1% from March.

Sports betting saw a 3% decline in handle in April ($1.04 billion), for an 11% market share. On the revenue side, though, sports betting results ballooned 40% compared to March, finishing at CAD $86 million, for a 21% market share.

Ontario’s igaming framework includes mechanisms that ensure that 20% of licensed operator revenue goes to the provincial government in the form of taxation, with 80% retained by operators.

The IGO financials do not include results from the government-run Proline igaming platform.