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Ontario iGaming set new all-time monthly record in March

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Image: Viktorus / Shutterstock.com

Ontarians placed almost $9.6bn in cash wagers on licensed online casinos and sportsbooks in March, setting a new all-time monthly record for Ontario iGaming.

iGaming Ontario (iGO) updated its monthly revenue reporting to show that last month was the biggest ever for the province’s regulated market. March 2026’s $9.59bn in handle beat the previous record high, the $9.52bn reported in January.

Operators’ non-adjusted gross gaming revenue (NAGGR) totaled $387.0m, a 13% jump compared to the short month of February but some way short of the record of $426m set in December 2025.

Revenue climbs 30% year over year

The latest results, which virtually completed Ontario’s fourth year of regulated iGaming since the market launched on April 4, 2022, continue Ontario’s typically strong growth pattern when comparing year over year.

Handle grew almost 21% year over year while revenue climbed at an even greater rate, up 30% compared to March 2025.

Active accounts fall as operators leave

There were 1.235m active player accounts in Ontario last month, 17% more than this time last year. However, that number was the lowest of any month since September, perhaps reflecting the fact that numerous platforms shut down play in the province during March:

The active player accounts in Ontario yielded an average of $313 in gross gaming revenue in March.

Online casino gaming hits record high

Another all-time monthly record was set in March in online casino handle, which climbed to nearly $8.33bn. The previous high mark for the vertical was $8.27bn in December 2025. iCasino wagering made up 87% of all regulated online gambling activity in March.

Online casino handle grew almost 26% year over year, outpacing Ontario’s overall iGaming handle growth.

That online casino activity yielded $318.5m in NAGGR for Ontario operators, representing 82% of all operator earnings for the month. That iCasino revenue was 32% more than March 2025.

Sports betting spend down from 2025

In contrast, while sports betting handle bounced back over the $1bn mark to hit $1.08bn, March’s figure was the lowest monthly total in the category since last September.

Sports betting wagering activity is actually down year over year, as March 2026’s handle was 9% lower than March 2025’s. That’s a pattern the market showed in around half of the months of 2025.

And, in the aggregate, sports wagering continues to be a lower earner for operators; revenue was $61.6m, constituting just 16% of total NAGGR for the month. Key context there is that Ontario has numerous licensed operators that offer online casino without offering sports betting, so gamblers have more regulated online casino options available than they do online sportsbooks.

Sports betting constituted 11% of total online gambling handle and 16% of NAGGR for the month.

However, while sports betting revenue continues to be dwarfed by online casino revenue, it was up 29% year from March 2025 despite the year-over-year drop in wagering handle.

Online poker has best month ever

Peer-to-peer online poker had its best month ever in terms of both handle ($183m) and revenue ($6.9m), although it remains a tiny fraction of online gambling activity at less than 2% of Ontario’s total iGaming market.

P2P poker is currently fenced in to Ontario play only, but that could change down the line pending the result of a Supreme Court of Canada appeal case involving almost every Canadian provincial government.

In the meantime, a significant change is coming to Ontario’s poker market, as PokerStars will soon become an integrated FanDuel product in the province, as has already happened in its three U.S. states.

Ontario’s 2026 iGaming tax revenue already at $226m

Through the first three months of 2026, Ontarians have wagered $27.8bn on licensed iGaming sites and operators have reaped $1.13bn in NAGGR. The province’s 20% tax rate means that the Ontario government earned more than $226m in tax from regulated iGaming in the first quarter of this year.