Ontario operators generate revenue of C$342m in February
Drop follows several months of sustained growth in the province, with sports betting handle falling by a fifth versus January
Ontario operators experienced a 15% drop month over month (MOM) in gross gaming revenue (GGR) for February, as per iGaming Ontario’s latest report.
Total wagers were down 8% MOM to C$8.7bn, while total non-adjusted GGR stood at C$342.4m.
Online casino’s handle market share has remained high at 88%, betting accounted for 11%,and P2P poker 2%.
However, casino handle slipped 6% MOM to C$7.7bn, while sports betting wagers slumped 20% to C$946m as the NFL season came to an end. Poker wagers dropped 14% to C$135m.
Casino contributed a slightly smaller proportion of total revenue at 81%, while betting and P2P poker accounted for 18% and 2%, respectively.
Again, revenue for each vertical declined against January. Online casino fell11% to C$275.7m, sports betting decreased 29% to C$61.3m, and poker dropped 10% to C$5.4m.
The number of active player accounts in the province was down 2% MOM to 1.3 million and average revenue per active player account reduced 13% to C$264. This figure for January 2026 was $303.
From June to January, Ontario’s handle grew consistently each month, from C$7.3bn to C$9.5bn, representing a 30% increase.
In January it was reported that the province’s total non-adjusted GGR for the year had surpassed C$4bn for the first time.
Over C$10bn in revenue has now been generated since Ontario’s regulated market first launched in April 2022.
ComeOn Group recently launched an ad campaign in Ontario with a World Cup-focussed TV ad campaign starring Jeremy Piven.