Ontario Online Casino Revenue Hits Record $230 Million in May 2026

Licensed online casinos in the Canadian province of Ontario generated $230 million in revenue during May 2026, marking a new monthly high for the regional market. The figure represents a 4 percent increase from April and a 25.6 percent year-over-year rise.

Wagering Volume and First-Half Totals

Total wagering activity reached $5.9 billion, surpassing the previous peak of $5.87 billion recorded in March. Across the first five months of 2026, the sector accumulated $1.085 billion in revenue, which is nearly 30 percent higher than the same period last year.

Growth Trajectory and Annual Outlook

Market expansion is showing signs of deceleration after late-2025 year-over-year growth exceeded 40 percent. Assuming current performance continues, annual revenue could cross the $2.2 billion threshold for the first time. Data sourced from iGaming News.