Huge Increases
iGaming Ontario (iGO) has released its financial results for August 2025. The numbers reveal a record-breaking performance across multiple categories in the province’s regulated iGaming market.
Players wagered $8.14 billion in August. This is the highest total ever recorded by iGO since its launch in April 2022. The figure marks a 34.6% increase compared with August 2024. It is only the second time wagering volumes have exceeded an $8 billion threshold, following the previous record set in May 2025.
Operator revenue also rose to $334.8 million in August. This figure represents a 40.5% year-on-year increase. It is also the second-highest monthly revenue reported since the market opened. The total was just $3.2 million short of May 2025’s $338 million, which is still the all-time high.
The number of active player accounts climbed to 1,016 million. This is a rebound, with July experiencing a nine-month low of around 948,000 accounts. Compared to August last year, active accounts increased by 41.5%. On average, each account generated $330 in revenue. It is slightly lower than in August 2024, when the spend rate per account was $332.
Casino Dominance
Online casino revenue continues to dominate the market. In August, online casino activity represented 89% of total wagers and around 80% of operator revenue. Players placed $7.22 billion in non-promotional casino bets. This is the first time online casino wagers have surpassed $7 billion in a single month. It is also a 37.7% increase year-over-year, exceeding a previous record set in May this year. Casino-specific operator revenue reached $267.8 million, reflecting a 44.4% increase compared to August 2024.
The record-breaking results were supported by market expansion. DraftKings’ Golden Nugget Online Gaming (GNOG) entered the Ontario-regulated iGaming market on August 19th. DraftKings now has a dedicated GNOG platform on top of its already existing sportsbook and casino offerings in the province.
The sports betting area of the business also saw growth. Ontarians wagered $765 million on sports in August, representing approximately 9% of total wagers. This figure is 11% higher than in July and 15.2% higher than in August the previous year. Sportsbook operator revenue reached $60.2 million. This represents a 28.4% year-over-year increase, surpassing the growth rates seen in June and July of last year.
The performance of the Ontario market highlights the province’s continued growth and relevance, cementing its position as one of the most important iGaming jurisdictions in North America.
