Between April and June 2026, Ontarians wagered $28.3 billion on regulated gaming sites, and operators kept $1.22 billion of it as gaming revenue. These are the largest figures for any quarter since the market opened on April 4, 2022.
Revenue grew faster than wagering, up 27% against 22% a year earlier, and most of that gap came from one product. The figures below come from the data tables iGaming Ontario (iGO) publishes, not the monthly headlines, and each is dated to the period it covers.
Which quarter is the latest?
iGaming Ontario stopped publishing a separate quarterly report in January 2025. It now updates a single Excel file every month, so a quarterly view involves adding three months together, which is what we’ve done here.
The most recent file was published on September 23, 2026, and runs to August 31, 2026. April to June 2026 is the latest complete quarter, and July to September won’t be complete until we add the September data.
Keep in mind that:
- iGO’s fiscal year starts in April, not January.
- iGO’s first quarter of 2026-27 is April to June 2026, the quarter covered here.
- Coverage of “Q1 2026” elsewhere usually means January to March 2026, which iGO files as the fourth quarter of 2025-26.
The headline numbers, April to June 2026
| Measure | Apr to Jun 2025 | Apr to Jun 2026 | Change |
|---|---|---|---|
| Cash wagers | $23.1 billion | $28.3 billion | +22% |
| Gaming revenue | $958.1 million | $1.22 billion | +27% |
| Average monthly active accounts | 1.06 million | 1.28 million | +21% |
| Revenue as a share of wagers | 4.1% | 4.3% | +0.2 points |
Against the previous quarter, January to March 2026, wagering rose about 1%, and revenue rose about 8%. The amount staked has almost levelled off, while the share operators keep has crept up.
Gaming revenue here is what iGO calls non-adjusted gross gaming revenue: cash wagers minus player winnings, before any operator costs. Operators don’t bank it, and the province doesn’t receive it. For a breakdown of how that $1.22 billion is split, see Where Ontario’s Gambling Revenue Actually Goes.
Casino, betting and poker
Casino: 88% of wagers
Casino, which iGO defines as slots, live and computer-based table games and peer-to-peer bingo, took $24.8 billion in wagers and produced $957.3 million in revenue. That’s up 25% and 28% on the same quarter in 2025.
Casino’s share of revenue (79%) is lower than its share of wagers (88%) because slot stakes recycle quickly. As explained in RTP vs House Edge vs Volatility, the same deposit gets staked many times over, which inflates the wagering total.
Sports betting: modest wagering growth, big revenue growth
Betting wagers rose 9% to $3.05 billion, but revenue rose 26% to $245.9 million.
The difference is the hold, the share of bets sportsbooks keep. It was 8.1% this quarter, against 6.9% a year earlier. Hold moves with results: it rises when favourites lose and parlays miss, and falls when they come in. A higher hold means bettors lost a larger share of what they staked, not that more people bet.
Poker: the only product shrinking
Peer-to-peer poker wagers fell 7% to $388 million, and revenue fell 10% to $15.9 million, about 1% of the market. Ontario’s poker tables remain limited to Ontario players, and the Supreme Court now has to decide whether that change will stay. The case is covered in Ontario’s poker player pools appeal.
What the account numbers mean
Ontario averaged 1.28 million active player accounts a month over the quarter. Since iGO counts accounts, not people, someone with accounts at three operators counts three times. The figure can’t tell you how many Ontarians gamble online.
It also moves with events. Accounts reached a record 1.365 million in July 2026, during the FIFA World Cup that ran from June 11 to July 19 with matches in Toronto, then fell 11% to 1.208 million in August. The tables don’t explain why, but the timing fits bettors opening extra accounts for the tournament and then closing them afterward.
July and August: the next quarter so far
- Wagers of $19.6 billion and revenue of $809.9 million across the two months, both up 25% on July and August 2025
- A monthly wagering record in July, at $9.88 billion
- A monthly casino revenue record in August, at $336.3 million
- August betting revenue of $54.4 million, its lowest month since September 2025
The full July to September quarter can’t be totalled until iGO adds the September data and going by the timing of the August file, that’s likely in late October.
What the tables don’t show
- Final figures. Every number is unaudited and subject to adjustment, so a month can change between one file and the next.
- The whole Ontario market. OLG’s own online offering and horse-racing wagers aren’t included.
- Individual operators. There’s no breakdown by company or brand, so no operator’s share of the market can be read from it.
- Who is losing. $1.22 billion in revenue says nothing about whether it came evenly from many players or mostly from a few.
How to read the next report yourself
The file is free to download from iGO’s market report page. When the next one is published:
- Check whether a “quarter” means iGO’s fiscal quarter or the calendar one. (April start vs January start)
- Compare a month with the same month last year, not the month before. Seasons and sports calendars swing month-to-month figures.
- Divide revenue by wagers. That percentage tells you more than either number on its own.
- Read betting revenue next to betting wagers. A revenue jump on flat wagers is usually a results story.
For the longer view across all four years of the market, see Ontario iGaming After Four Years: The Numbers.
You must be 19 or older to gamble online in Ontario. If gambling has stopped being entertainment, ConnexOntario is free, confidential and available 24 hours a day.
