Betting cash wagers continue to decline in Ontario

Photo by Flickr - KMR Photography, CC BY 2.0
The market performance reports for June were posted for the public. Many of the numbers for the betting sites declined after going up in May.
Highlights
- iGaming Ontario
- Market performance report
- Cash wagers on the decline since March
Cash wagers for betting declining
Monthly cash wagers for betting in Ontario have declined every month since March. In March, iGaming Ontario reported the highest cash wagers so far this year with roughly $1.18 billion in cash wagers reported. Betting includes Esports, proposition bets, novelty bets, and exchange betting. Cash wagers don’t include promotional wagers (bonuses). The $768,000 of cash betting wagers reported in June was the least in 2025.
Overall, monthly cash wagers declined from $8.06 billion in May to $7.2 billion in June. Monthly cash wagers for the casino reached its highest point in May with $6.9 billion. The casino includes slots, peer-to-peer bingo, live games, and computer-based table games. In June, $132 million in peer-to-peer poker cash wagers was reported, the lowest since February.
Active player accounts also falling
The number of average active player accounts reached its lowest point in the year with 1.01 million active player accounts in June. The average revenue per active player account (ARPPA) in June was $303. ARPPA was down from $316 in May.
The non-adjusted gross gaming revenue in June fell from $338 million in May to $307 million in June. Non-adjusted gross gaming revenue (NAGGR) represents total cash wagers with rake fees, tournament fees, and other fees across all operators minus player winnings derived from cash wagers without accounting for operating costs or other liabilities.
More information
Monthly NAGGR declined for all three categories in June. NAGGR for the casino declined from $260 million to $243 million in May. NAGGR for betting declined from $72 million to $58 million. And NAGGR for peer-to-peer poker declined from $6.3 million to $5.4 million.
Wagers figures were rounded to the nearest million. Revenue figures were rounded to the nearest 100 thousand. Player account figures were rounded to the nearest thousand. Monthly spend per active player account figures were rounded to the nearest dollar. These numbers provide some insight into the performance of the Ontario betting sites.
Kahfeel Buchanan graduated from Toronto Metropolitan University’s journalism program. When not reading, writing, or covering sports, he likes to drink coffee, watch movies, and more. He has years of sports writing and journalism experience. From covering basketball games at Toronto Metropolitan University for the school paper to writing about sports betting, he has published a ton of sports stories throughout his time as a journalist. His work doesn’t end there, Kahfeel wrote a bunch of opinion stories on the Toronto Raptors during his early years as a sports writer, once writing about Fred VanVleet making the NBA All-Star team months before his first All-Star selection in 2022. He works hard to give readers quality journalism and great stories.

A New Era Begins: PokerStars Relaunches in Ontario Under FanDuel
PokerStars officially relaunched in Ontario on June 5, 2026, this time as part of FanDuel's platform. After nearly a month offline, the iconic poker brand is back, but the model, the technology, and the ownership structure have all changed.

Record $3B Revenue, But Loto-Québec's CEO Says the Online Game Isn't Won Yet
Loto-Québec posted a historic $3.09 billion in revenue for fiscal year 2025–26, the first time it has ever broken the $3 billion barrier. But CEO Jean-François Bergeron says the crown corporation must urgently strengthen its online gaming presence to stay ahead.

CIBC Takes Major Stake in Flutter Entertainment in Surprise Vote of Confidence
Canadian Imperial Bank of Commerce has taken a 5.3% stake in Flutter Entertainment, signaling fresh institutional confidence in the FanDuel owner despite share-price pressure, leadership changes, and regulatory uncertainty. The move could reshape how investors view gambling stocks going forward.

