iGaming Ontario, Canada’s online gambling regulator, has just published its market data report for November 2025. The remote gambling market has climbed to a new high in revenue and wagers. Online casino products generated the maximum share of profits, followed by sports betting and P2P poker. While the number of monthly active player accounts grew by a slim margin, the average spending per account increased significantly, leading to a record high in cash wagers and revenue.
Online Gambling Revenue in Canada Reaches a New High in November 2025: Key Insights
- The Non-Adjusted Gross Gaming Revenue (NAGGR) and total cash wagers in November 2025 were CAD 406.2 million (approximately €251 million) and CAD 9.33 billion (roughly €5.78 billion), respectively.
- While the number of active monthly player accounts increased marginally from 1,287,000 to 1,297,000, the Average Revenue Per Active Player Account (ARPPA) was CAD 313 (roughly €194), up from CAD 286 (nearly €177) in October 2025.
- Online casinos generated the highest cash wagers, to the tune of CAD 7.95 billion (roughly €4.92 billion), followed by betting at CAD 1.25 billion (nearly €770 million) and P2P poker, which generated CAD 129 million (approximately €80 million).
Latest Trends Signal a Growing Popularity of Online Casino Games
On Wednesday, December 17, iGaming Ontario published its monthly market performance report for November 2025, covering all licensed operators in the region. The data reveals a significant improvement in the popularity of online casinos in Canada, setting a positive tone for the future.
The market generated a Non-adjusted Gross Gaming Revenue (NAGGR) of CAD 406.2 million (approximately €251 million), up 10% from the previous month. Meanwhile, the total cash wagers improved by 1% to CAD 9.33 billion (roughly €5.78 billion). These figures are the highest in iGaming Ontario’s history since its inception in 2022.
The higher revenue was partly due to an increase in month-on-month (MoM) player activity and player spending. Numbers suggest that active player accounts increased by 1%, from 1,287,000 to 1,297,000, while Average Revenue Per Active Player Account (ARPPA) increased from CAD 286 (nearly €177) to CAD 313 (roughly €194).
Online casinos were responsible for the majority of cash wagers. The sector generated CAD 7.95 billion (approximately €4.9), representing 85% of the market and a 1% MoM increase. Sports betting accounted for the second-highest wagers, generating CAD 1.25 billion (roughly €776 million), representing 13% market share and a 2% MoM growth.
Higher Spending Per Player Behind Record High Monthly Revenue
Cash wagers on Peer-to-Peer (P2P) poker declined by 1% month-on-month to CAD 129 million (nearly €80 million), representing a 1% market share. However, its NAGGR increased 11% MoM, amounting to CAD 6.3 million (approximately €3.9 million), representing a 2% share of the market.
Similar trends were reported in the casino and betting sectors. The November NAGGR from online casinos was CAD 298 million (roughly €185 million), which comprised 73% of the market. Meanwhile, sports betting generated CAD 102 million (nearly €63 million) in NAGGR in November, representing 25% market share.
The latest monthly performance report highlights a substantial improvement in iGaming revenue and player activity over the last 12 months. Cash wagers increased by 28% since November 2024, when the figures were CAD 292 million (roughly €182.2 million). Similarly, the NAGGR improved by 20% year-on-year (YoY) from CAD 7.46 billion (nearly €4.62 billion).
The figures clearly demonstrate that the demand for sports betting has been higher than that of casino games in the previous month. The visible growth in the monthly NAGGR and ARPPA is indicative of improved monetisation and conversion during the third quarter of 2025, despite casino betting volumes remaining largely stagnant.
It is interesting to note that the demand for sports betting peaked during November at the expense of online casino games, which is a rare phenomenon. The monthly market share of sports betting increased from 16% in October to 25% in November 2025. At the same time, the market share of online casino games dropped from 83% to 73%.
The monthly NAGGR for sports betting improved from CAD 58 (approximately €36) in October 2025 to CAD 102 (roughly €63) in the next month. At the same time, the NAGGR for online casino games witnessed a sudden decline, from $304 (nearly €188) to $298 (approximately €185).