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Key facts (as of 29 October 2026)
- Market: iGO's market data series starts on 4 April 2022, when the regulated internet gaming market opened. iGaming Ontario (iGO) contracts with private operators; the Alcohol and Gaming Commission of Ontario (AGCO) sets the Registrar's Standards for Internet Gaming (iGO data tables; AGCO).
- Size: in September 2026 iGO reported CA$9,708m of cash wagers, CA$416.3m of non-adjusted gross gaming revenue (NAGGR) and 1.413m active player accounts (unaudited, published 28 October 2026; iGO monthly data tables). The figures exclude OLG's own igaming offering.
- Operators: 49 operators and 84 gaming websites listed in iGO's directory, "accurate as of September 1, 2026" (counted from the directory).
- Crypto: AGCO Standard 5.69 says "Cryptocurrency is not legal tender and shall not be accepted" (AGCO, Funds Management).
- Withdrawals: only to an account of which the player is a legal holder (Standard 5.70).
The structure
| Body | Role |
|---|---|
| AGCO | Regulator; sets the Registrar's Standards for Internet Gaming |
| iGaming Ontario | Agency that contracts with private operators and conducts and manages internet gaming |
| OLG | OLG.ca is operated under the conduct and management of the Ontario Lottery and Gaming Corporation, outside iGO's directory and market data (iGO) |
The funds-management standards
| Standard | Summary |
|---|---|
| 5.69 | Deposits must be authorised by a financial services provider; cryptocurrency shall not be accepted |
| 5.70 | Withdrawals verified and paid only to an account of which the player is a legal holder |
| 5.71 | Withdrawals paid "as soon as is practicable" |
| 5.74 | No credit to players |
| 5.75 | No negative balances |
| 5.76 | Account balances shown in Canadian dollars |
| 5.77 | Fees disclosed to players |
| 5.79 | No transfers between player accounts |
Source: AGCO, Registrar's Standards for Internet Gaming, Funds Management section (read 29 October 2026). Check the current text; numbering may change.
WarningNo crypto means no crypto for player deposits, including stablecoins. Do not offer a stablecoin route into an Ontario player account.
NoteThe standards concern player funds. Settlement between operators and suppliers is a separate question for the operator's contracts, AGCO conditions and its providers. Take advice.
Payment flow
flowchart LR
P[Ontario player] --> V[Verified account, CAD balance]
V --> D[Deposit via method authorised by a financial services provider]
D --> OP[Operator]
OP --> W{Withdrawal request}
W -- verified --> A[Account the player legally holds]
W -- checks fail --> H[Hold and review]September 2026 market data
| Measure | September 2026 | September 2025 | Change |
|---|---|---|---|
| Cash wagers | CA$9,708m | CA$8,548m | +13.6% |
| NAGGR | CA$416.3m | CA$329.8m | +26.2% |
| Active player accounts | 1.413m | 1.177m | +20.1% |
| Average revenue per active player account (ARPPA) | CA$295 | CA$280 | +5.4% |
Changes calculated from iGO's rounded figures. Unaudited (iGO monthly data tables, published 28 October 2026).
| Segment (September 2026) | Wagers | NAGGR |
|---|---|---|
| Casino | CA$8,504m (88%) | CA$340.8m (82%) |
| Betting | CA$1,074m (11%) | CA$69.1m (17%) |
| Peer-to-peer poker | CA$130m (1%) | CA$6.4m (2%) |
Casino, which iGO defines as slots, live and computer-based table games and peer-to-peer bingo, dominates. For PSPs that suggests steady, all-week payment volume rather than flows driven mainly by sporting events; check this against your own data.
Illustrative example: a PSP's Ontario checklist
Illustrative example. The PSP is invented.
A Canadian PSP supports an iGO-contracted operator. It confirms that every deposit method runs through a financial services provider; it disables a crypto top-up the operator uses elsewhere; it routes withdrawals only to accounts verified as the player's own, using name matching; it shows CAD balances and fees; and it blocks player-to-player transfers. It adds AGCO registration checks to its supplier review.
Timeline
| Date | Event |
|---|---|
| 4 Apr 2022 | Regulated market opens (start of iGO data series) |
| April 2022 | CA$1,079m of cash wagers in the first, partial month |
| 1 Sep 2026 | 49 operators, 84 sites |
| 28 Oct 2026 | September 2026 data published |
Q/A
Can Ontario operators accept stablecoins?
No, for player deposits. Standard 5.69 excludes cryptocurrency.
Can a player withdraw to a friend's account?
No. Withdrawals go only to an account of which the player is a legal holder (5.70).
Must balances be in CAD?
Yes, under Standard 5.76.
Are payment providers registered with AGCO?
Check AGCO's supplier registration rules for your role.
How big is Ontario compared with other markets?
CA$416.3m of NAGGR in September 2026. Compare carefully: measures differ between markets.
Can players get credit?
No. Standard 5.74 bans credit.
Sources
- AGCO, funds management: https://www.agco.ca/en/responsibilities-and-resources/funds-management
- iGaming Ontario, monthly market performance report and data tables (published 28 October 2026): https://www.igamingontario.ca/en/operator/market-performance-report-monthly
- iGaming Ontario, operators directory: https://www.igamingontario.ca/en/operator/operators
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