Ontario iGaming wagers increase in May
Online casinos in Ontario set a new bar in May recording a 20% rise in wagers. Of the CAD 9.8 billion waged, CAD 8.37 billion were from casino games, which include slots, table games, and live dear rooms. The new peak also saw digital casino play account for CAD 326.4 million in operator earnings. As things stand, it's obvious online casinos are where the money is, even though many platforms also offer sports betting.
Casinos driving growth in Canada
Ever since Ontario launched it's regulated iGaming market, casinos have been the driving force behind the industry’s growth, and this is still the case in 2026. Ontario’s expansion heavily relies on casino play, which made up 88% of wagering in the province. Slots and table games are known to recycle money fast, with a single funded balance capable of generating many times it's value. In the past three years, the province’s wagers have rose from CAD 5.31 billion to CAD 8.37 billion, and it doesn't rely on calendar schedule like sports betting.
The story is much quieter across sportsbooks as wagers held flat at CAD 972 million and revenue at CAD 81.3 million. It seems like betting volume has plateaued although the 2026 World Cup is currently testing the bounds. Even so, the AGCO remains strict in promoting sports betting, despite Canada being one of the co-hosts of the global tournament; analysts expect minimal rise in sportsbooks wagers. Meanwhile, casinos are expected to continue leading in terms of activity, and the trend is anticipated in the newly regulated Alberta market.
What this means for iGaming operators
Industry commentator Allan Asava says:
“Ontario is setting the bar for upcoming markets in Canada. Player accounts are in the millions and keep increasing, with slots the main preference for many. Tight regulations and open information means players can explore games safely, and don't need to move beyond approved casinos. Table games, live dealer shows, and poker also continue to show progress.
For operators, the decision is simple enough; whatever platform you provide, include casino play. However, with Alberta now in the scene, and other provinces gearing up to establish their own regulated markets, the pending competition for players might just interrupt Ontario's growth. Sports betting is currently accounting for less than 15% of the wagers, but is still a good addition, albeit one with extra regulations.
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