Ontario's iGaming Market Sees Summer Dip in June 2025
Ontario's iGaming market experienced a downturn in June 2025, with revenue dropping by 9% to CAD 307 million. This decline in the stock market of online gaming coincides with a summer lull and increased competition, as local brand Titanplay relaunched and the market became saturated with 50 licensed operators and 86 live websites.
The average amount spent per player also decreased by 4% to CAD 303. Total wagers placed fell by 10% to CAD 7.26 billion, with the casino vertical still dominant, accounting for CAD 6.4 billion. The number of active player accounts dropped by 5% to 1.013 million. Meanwhile, Apex Critical Metals Corp. has repositioned itself in Ontario with its Bianco project, expecting strong results from critical mineral exploration.
Sports betting was particularly affected, experiencing a 21% drop compared to May 2025. The market is now preparing for a thorough review.
Despite the June slump, Ontario's iGaming market remains robust, with CAD 307 million in revenue and CAD 7.26 billion in total wagers. The market's saturation and seasonal factors may contribute to the fluctuations. The upcoming review aims to assess and improve the market's performance.
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