Ontario iGaming Market Hits C$3.2B in Quarterly Revenue as AGCO Reports Record Player Activity
The Alcohol and Gaming Commission of Ontario has published Q1 fiscal 2026-27 figures showing regulated online gambling revenue climbed 18% year-over-year to C$3.2 billion. Active player accounts surpassed 1.4 million for the first time, cementing Ontario's position as North America's second-largest iGaming market by handle.
Ontario's regulated online gambling sector posted its strongest quarter to date, with the AGCO and iGaming Ontario jointly reporting C$3.2 billion in total gaming revenue between April and June 2026, an 18% increase compared to the same period last year. Casino games accounted for C$2.1 billion of the total, while sports and peer-to-peer wagering contributed C$980 million and C$120 million respectively. Total handle across all verticals reached C$92 billion during the quarter, reflecting sustained growth more than four years after the market opened to private operators in April 2022.
Active player accounts rose to 1.42 million, up from 1.18 million a year earlier, with average monthly spend per active account climbing modestly to C$282. iGaming Ontario attributed the growth to improved product depth from licensed operators, expanded live dealer offerings, and increased consumer confidence in the regulated channel. Independent research commissioned by the regulator estimated that roughly 86% of Ontario online gambling activity now takes place through licensed operators, up from 70% at launch.
The report also highlighted a sharp uptick in responsible gambling tool usage. Deposit limits were set voluntarily by 41% of active players during the quarter, while time-out and self-exclusion enrolments rose 22% year-over-year following the province's rollout of a unified self-exclusion registry in March. Martha Otton, executive director of iGaming Ontario, said the figures demonstrate that channelization and player protection can advance in tandem when operators invest in behavioural analytics and transparent messaging.
Industry analysts noted that Ontario's trajectory is being closely watched by Alberta, which is finalizing its own competitive iGaming framework expected to launch in early 2027. Eilers & Krejcik Gaming projected that if current growth persists, Ontario could exceed C$13 billion in annual gaming revenue by fiscal 2027-28, narrowing the gap with New Jersey and positioning Canada as an increasingly influential jurisdiction for suppliers weighing North American expansion.