Ontario iGaming Revenue Rises 29% Year-Over-Year in April 2026

Lucas Dunn
By: Lucas Dunn
Financial News
Casino chips and playing cards on a green felt table

Photo by Flickr, CC BY 2.0

Key Takeaways

  • Ontario's NAGGR rose 5% month-on-month to $405.4M in April 2026, with year-on-year growth of 29.4% and 1.265M active player accounts.
  • Online casino dominated with 87% of total handle and 77% of revenue, while sports betting revenue surged 40% despite a 3% decline in handle.
  • Hard Rock Digital secured its Ontario license, while Casumo, Conquestador, and Rivalry exited or paused operations ahead of the summer season.

Ontario's regulated iGaming market delivered mixed results in April 2026. Total cash wagers reached $9.31 billion, down 3% month-on-month. However, non-adjusted gross gaming revenue (NAGGR) rose 5% from March to $405.4 million. Year-on-year, the picture is stronger. Total wagers climbed 19.5% year-on-year, from $7.8 billion in April 2025. NAGGR surged 29.4% from $313.1 million in April 2025. Active player accounts grew 2% month-on-month to 1.265 million. Average revenue per active account reached $321, up 11.8% year-on-year.

Online Casino Dominates, Sports Betting Revenue Surges in April

Online casino maintained its dominance in Ontario's iGaming landscape. The segment accounted for 87% of total handle at $8.14 billion, down 2% month-on-month. Casino NAGGR reached $314.1 million in revenue, representing a 77% market share and a 1% decline from March.

The segment has led the market since Ontario's regulated iGaming framework launched in April 2022.

Sports betting handle fell 3% to $1.04 billion, while its market share held steady at 11%. Despite the handle decline, sports betting revenue surged 40% from March to CAD $86 million, capturing a 21% revenue share.

Peer-to-Peer Poker Drops 30% as Post-March Madness Slowdown Hits

Peer-to-peer poker recorded the steepest monthly decline of any product category. Cash wagers dropped 30% to $128 million. NAGGR fell 24% to $5.3 million, accounting for just 1% of total revenue. The sharp contraction weighed on overall handle figures. Market observers have attributed April's handle softness to seasonal patterns following March Madness. Under Ontario's iGaming framework, licensed operators remit 20% of gross revenue to the provincial government and retain the remaining 80%.

Hard Rock Digital Launches as Operators Exit Ontario Market

Ontario's operator landscape shifted notably heading into spring. As of May 29, 44 licensed iGaming operators were active in the province, operating over 75 gaming websites. Casumo and Conquestador exited the market over the spring period. Toronto-based Rivalry suspended all player activity in February due to corporate restructuring. Hard Rock Digital received its Ontario license earlier this month and is preparing to launch its platform in the province. iGaming Ontario also announced BetGuard, a centralized self-exclusion tool that allows players to opt out of all regulated Ontario platforms through a single portal.

Lucas Michael Dunn is a prolific iGaming content writer with 8+ years of experience dissecting it all, from game and casino reviews to industry news, blogs, and guides. A psychology graduate and painter that transitioned into the iGaming world, his articles depend on proven data and tested insights to educate readers on the best gambling approaches. Beyond iGaming content craftsmanship, Lucas is an avid advocate for responsible play, focusing on empowering players to strike a balance between thrill and informed choices.

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