Canada Surges to Third Place Globally in $9.5 Billion iGaming Market

Canada Surges to Third Place Globally in $9.5 Billion iGaming Market

Key Moments: Canada’s online gambling market was valued at $9.5 billion in 2025, making it the third-largest iGaming market worldwide by Competitive Earning Baseline (CEB) Offshore operators in Canada grew their CEB by 40.2 percent in 2025, adding $1.6 billion in a single year Ontario achieved an 85 percent channelisation rate, with only 15 percent of player activity remaining offshore after regulatory reforms Market Valuation and Competitive Landscape According to Blask’s USA and Canada iGaming landscape 2025 report, Canada’s online gambling sector reached a total estimated value of $9.5 billion…

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