iGaming Ontario Publishes First 2025 Market Performance Report

Kahfeel Buchanan
By: Kahfeel Buchanan
24 Feb 25
Industry News

iGaming Ontario Publishes First 2025 Market Performance Report

The Ontario sportsbooks and betting sites don’t publish information about revenue each month, but iGaming Ontario will for the foreseeable future. The first of iGaming Ontario’s monthly market performance reports was posted this month. Ontario currently has 50 operators and 84 gaming websites. Numbers for the first month of 2025 were revealed for all of them.

Highlights

  • iGaming Ontario market performance report published
  • First market performance report of 2025
  • Monthly active player accounts and betting cash wagers up

First market performance report reveals data about Ontario iGaming market’s 2025 start

iGaming Ontario published their first monthly market performance for 2025 last week. In January, iGaming Ontario announced that they would begin sharing market performance reports every month rather than every quarter of the fiscal year. Their market performance reports give information about the casino, betting, and peer-to-peer poker for all Ontario operators with trading activity. For each category, iGaming Ontario provided data for revenue and wagers.

In January, monthly active player accounts went up for the fifth month in a row. The monthly active player accounts for January was 1.1 million, about 80k more than in December. That is the highest number that has been reported by iGaming Ontario. Average revenue per active player account (ARPPA) was $297, up from $263 in December. ARPPA has gone up and down over the last 12 months. Over that time, the highest ARPPA was $331 in August. Active player accounts are accounts that have cash and/or promotional wagering activities during a month. The numbers don’t represent unique players because some players have an account with more than one of the betting sites.

Betting cash wagers up in January

Cash wagers for betting went up in January. Cash wagers totalled $1.18 billion. Over the last five months, cash wagers for betting went up every month compared to the previous month except in December. The number of casino wagers was about the same as last month. iGaming Ontario reported $6.5 billion in cash wagers for the casino. Cash wagers for peer-to-peer poker went up. Cash wagers don’t include promotional wagers or bonuses. Overall, combining betting, the casino, and peer-to-peer poker, cash wagers went up in January.

The numbers for non-adjusted gross gaming revenue (NAGGR) tell another story. NAGGR is total cash wagers, with rake fees, tournament fees, and other fees minus player winnings that are from cash wagers. NAGGR also doesn’t account for operating costs or other liabilities. The NAGGR numbers for betting have gone down and then up every month since July 2024. In January, the NAGGR was $92 million, up from $39 million in December. The NAGGR for the casino went up every month since June 2024 except in October. The NAGGR for peer-to-peer poker was the same as last month at $5.6 million.

About iGaming Ontario’s market performance reports

For iGaming Ontario’s market performance reports, the betting numbers represent betting on sports, exchange betting, Esports, proposition and novelty bets. The casino numbers are for slots, peer-to-peer bingo, live and computer-based table games. The peer-to-peer poker numbers are for all multiplayer poker cash games and tournaments. The numbers in this report may not be 100 per cent accurate because of rounding.

Kahfeel Buchanan graduated from Toronto Metropolitan University’s journalism program. When not reading, writing, or covering sports, he likes to drink coffee, watch movies, and more. He has years of sports writing and journalism experience. From covering basketball games at Toronto Metropolitan University for the school paper to writing about sports betting, he has published a ton of sports stories throughout his time as a journalist. His work doesn’t end there, Kahfeel wrote a bunch of opinion stories on the Toronto Raptors during his early years as a sports writer, once writing about Fred VanVleet making the NBA All-Star team months before his first All-Star selection in 2022. He works hard to give readers quality journalism and great stories.