Casino market data & analytics for the gaming industry

The numbers behind Canada's regulated gaming market

Picasso Gaming Index tracks the wagers, revenue, operators, and rules of Canada's legal gaming market — led by Ontario, the country's first open, competitive online-gaming market. Every figure links back to its official source.

Ontario online gaming at a glance

C$82.7B
Total wagered — Ontario online
FY2024–25 · +31% YoY
C$3.2B
Gaming revenue (operators' keep)
FY2024–25 · +32% YoY
49
Registered operators
84 gaming sites · FY2024–25
83.7%
Play on regulated sites
Ontario channelization · Apr 2024

Source: iGaming Ontario — year-3 market results (FY2024–25) (FY2024–25).

Three years of growth

Total amount wagered on Ontario's regulated online market, by fiscal year (Apr–Mar).

FY2023–24C$63.0B
FY2024–25C$82.7B

Source: iGaming Ontario — year-3 market results (FY2024–25) (FY2024–25). Figures are operator-reported and noted by iGO as unaudited and subject to adjustment.

Wagers are not losses

"Wagered" counts every bet placed, including winnings that are re-staked. The money the market actually keeps — gaming revenue — was C$3.2B in FY2024–25. We always show both; see how the numbers work.

Where the revenue comes from

Gaming revenue by segment, Ontario regulated online market, FY2024–25.

CasinoC$2.4B
Sports & event bettingC$724M
Peer-to-peer pokerC$66M

Source: iGaming Ontario — year-3 market results (FY2024–25) (FY2024–25).

Dig into the data

Ontario iGaming

The flagship dataset: wagers, revenue, operators and segments for Canada's only open online market.

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Canada market overview

How the national market is structured — Ontario's open model versus provincial monopolies, and Alberta's 2026 opening.

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Player activity

Active accounts and average monthly spend, from iGO's quarterly reporting.

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Regulation & law

Who the AGCO and iGaming Ontario are, and what the Registrar's Standards require.

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We also do this for you

Beyond the public data, Picasso Gaming Index builds casino analytics for operators and studios — KPIs, player cohorts, dashboards and market analysis. If you need the numbers behind your business, see how we work or request analytics.

Data reviewed: 2026-07-29. See sources and methodology.