Sports betting revenue in Ontario’s regulated iGaming market fell 30% month on month in August to CA$54.4 million, according to iGaming Ontario (iGO). Online casino took 90% of all wagers, its highest share since the market opened in April 2022.
Total wagers came in at CA$9.740 billion, down 1% from July’s record CA$9.884 billion. Total non-adjusted gross gaming revenue (NAGGR) fell 4% to CA$396.3 million, below the CA$405.4 million reported for April.
NAGGR is the amount operators keep from player activity before bonuses, promotional credits, taxes, fees and operating costs are deducted.
Sports betting revenue falls 30%
Sports betting handle fell 15% to CA$843 million, a 9% share of total wagers. Revenue fell twice as fast as handle, so operators kept less of each dollar wagered than they did in July.
On iGO’s figures, sports betting hold (NAGGR as a share of wagers) was about 6.5% in August. The vertical took 14% of market revenue.
August fell between two major betting events. The FIFA World Cup, co-hosted by Canada, ended in July, and the NFL regular season started in September.
Casino revenue sets a monthly record
Casino wagers were CA$8.776 billion, roughly level with July. Casino NAGGR rose 2% to CA$336.3 million, an 85% share of market revenue and a monthly record for the vertical, ahead of July’s CA$330.4 million.
Casino NAGGR was up 25.6% from CA$267.8 million in August 2025. Casino hold was about 3.8%, lower than sports betting, which is why casino’s share of revenue sits five points below its share of wagers.
Fewer active accounts, higher spend per player
Active player accounts fell 11% from July to 1.208 million. Average revenue per active account rose 8% to CA$328.
Peer-to-peer (P2P) poker cash wagers rose 5% to CA$122 million, a 1% share of handle. P2P poker NAGGR grew 6% to CA$5.6 million.
The market has 49 operators running 84 gaming websites.
AGCO issues three penalties
The Alcohol and Gaming Commission of Ontario (AGCO) acted against two operators and one supplier in August. The three penalties total CA$270,000 after one settlement.
Betty Gaming: CA$120,000
On August 6, the AGCO fined Betty Gaming CA$120,000 after weaknesses in its age-verification and eligibility controls let 23 people under 19, Ontario’s legal gambling age, open accounts on Betty.ca. Nine of them deposited and gambled; the other 14 opened accounts without depositing.
Betty reported the vulnerability to the AGCO in November 2025. The operator launched in the UK earlier this year, its first market outside the province.
AGCO chief executive and registrar Dr. Karin Schnarr said:
“Young people must not be able to create accounts, deposit money, or gamble online.”
Booming Games: CA$70,000
On August 20, the AGCO fined slot supplier Booming Games CA$70,000 after a prohibited auto-play function stayed available on several of its games in Ontario for months. The regulator said the feature undermined player protection.
NorthStar Gaming: CA$80,000
NorthStar Gaming, which runs NorthStarBets.ca, was initially hit with a CA$100,000 penalty over anti-money laundering (AML) failures before agreeing to settle with the AGCO for CA$80,000.
According to NorthStar, the AGCO found that it did not meet enhanced due diligence requirements for one player account between March 2024 and June 2025, where the player’s occupation and deposit activity called for closer monitoring. The company, listed on the TSX Venture Exchange, did not dispute the findings.
NorthStar chief executive Corey Goodman said:
“We accept responsibility for the matters identified in this Order.”
Fanatics approved, awaiting iGO agreement
Fanatics received regulatory approval in August to operate in Ontario. It still needs to finalise an operating agreement with iGO before it can accept bets.
It would join a market that added Hard Rock Bet in July, the same month DAZN Bet went live.
iGO’s September data will be the first to include the NFL regular season, and will show how much of August’s sports betting decline was seasonal.
Source: iGaming Ontario, AGCO
