Ontario’s regulated iGaming market recorded approximately $6.7 billion in total wagers in February 2026, representing a 23% increase year-on-year, according to the latest monthly data published by iGaming Ontario.
The figures highlight continued growth in Canada’s largest regulated online gambling market, supported by sustained player engagement and consistent performance across core product categories.
Revenue and Player Activity Show Stable Market Expansion
Alongside wagering growth, the market generated approximately $280 million in non-adjusted gross gaming revenue (NAGGR) for the month. This reflects steady monetisation levels in line with broader market trends.
The number of active player accounts reached around 1.3 million, indicating continued engagement across licensed platforms. It is important to note that this metric represents active accounts rather than unique individuals, as players may hold accounts with multiple operators.
Average revenue per active player account (ARPPA) remained relatively stable at approximately $210–$215, suggesting consistent player spending behaviour despite overall market growth.
Casino Segment Continues to Drive Majority of Wagers
Casino gaming remained the dominant vertical in February, accounting for the majority of total wagering activity. This category includes:
- Slots
- Live dealer games
- Digital table games
- Peer-to-peer bingo
As in previous reporting periods, casino products generated over three-quarters of total wagers, reinforcing their role as the primary driver of market performance. This trend reflects the strong player demand for regulated Ontario online casinos, where a wide range of licensed offerings and consistent user experience continue to support high engagement levels.
Sports betting and other wagering formats contributed a smaller share, while peer-to-peer poker remained a niche segment within the broader ecosystem.
Growth Reflects Maturing but Expanding Market
The February results indicate that Ontario’s iGaming market is transitioning from early-stage rapid expansion to a more mature growth phase, characterised by:
- Consistent year-on-year increases
- Stable player spending patterns
- Balanced performance across product categories
This builds on earlier milestones, including record-breaking annual wagers and revenue reported in 2025, which established Ontario as a leading regulated market globally.
Ontario Model Continues to Influence Canadian Market Development
Ontario’s regulatory framework continues to attract attention from other Canadian provinces seeking to develop similar markets.
This is particularly evident in Alberta, where regulators are preparing to launch a competitive online gambling market in 2026. Several operators already active in Ontario have signalled interest in entering Alberta under proposed cross-jurisdiction licensing conditions, demonstrating how Ontario’s model is influencing expansion across Canada.
The province’s multi-operator structure and centralised oversight model are widely regarded as key factors behind its sustained growth and market stability.
Continued Growth with Increasing Market Stability
As Ontario approaches four years since market launch, the February data reinforces expectations of continued but stabilised growth.
While year-on-year gains remain strong, the market is increasingly defined by:
- Predictable performance trends
- High player retention
- Strong dominance of casino products
With regulatory clarity and ongoing operator competition, Ontario is expected to maintain its position as a benchmark regulated iGaming market, both within Canada and internationally.