Led by an MLB playoffs featuring the Toronto Blue Jays, Ontario set multiple iGaming records in October.
- More than $9 billion was wagered online in Ontario for the very first time.
- Blue Jays' success harms operator earnings.
- Active users spike 36% year-over-year.
iGaming Ontario reported a brand-new monthly wagering high of CAD $9.25 billion from gambling establishments, online sports wagering, and poker. Total money wagers were up 24% year-over-year and 8% from the record embeded in the previous month.
The $367.7 million in non-adjusted gaming income increased 38% compared to October 2024 and surpassed August's $334.8 million as the brand-new Ontario iGaming record.
Online casinos, which accounted for 85% of the market share, produced 82% of Ontario iGaming revenue on a record $7.88 billion handle.
Heaven Jays made it to their very first World Series because 1993, and the NHL and NBA regular seasons began throughout October, resulting in a $1.23 billion sports wagering deal with and a 16% year-over-year boost. The previous record was $1.19 billion set in November 2024.
Blue Jays eliminate earnings
Revenue, however, didn't match the massive uptick in volume. Behind just a 4.7% hold in October, Ontario online sportsbooks just won back $58.3 million, a 20.4%.% year-over-year decline and down 16% from the previous month.
Bettors grew off the Blue Jays' run through the American League, and it might've been worse if they had won everything.
Toronto lost to the Los Angeles Dodgers in seven video games, which helped sports betting platforms rack up high wagering figures and save them from any enormous World Series winner odds payouts.
Active gamers, poker income rise
Active gamer accounts likewise reached a new high of 1.29 million in October, a 36% boost. Online poker produced $131 million in wagers and $5.6 million in revenue during October, a 5.7% year-over-year boost.
Profits might see an even bigger spike next October after a court of favored permitting online poker gamers to compete in peer-to-peer video games with players in other countries. Daily dream sports, which stopped being provided in the Province in 2022, is also expected to make a return to Ontario as well.
