OLG FY 2024-25 Report Highlights Ontario Gambling Growth

Jonathan Rodriguez

Written by: Jonathan Rodriguez

Published: Fri Mar 13, 2026, 8:00 am ET

Read Time: 3 minutes

OLG FY 2024-25 Report Highlights Ontario Gambling Growth

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Ontario Lottery and Gaming Corporation reported steady financial performance in its FY 2024-25 annual report, underscoring strong digital growth amid competitive pressures in Ontario's regulated gaming environment.

The agency generated $4.8 billion in total revenue, representing a 2% year-over-year increase. However, net profit to the province totaled $2.25 billion, a 5% decline from the previous fiscal year due to an accounting provision disclosed in the report. Overall results were somewhat below budget targets for the year.

Despite this, OLG remains a major contributor to Ontario gambling revenue, channeling gaming proceeds into public programs and community initiatives.

OLG FY 2024-25 Report Highlights Digital Gaming Growth

OLG's digital division was a standout performer in the fiscal year. Revenue from online gaming and digital lottery products reached $731 million, a 16% increase year-over-year. 

Net profit from digital gaming climbed 27% to $417 million, exceeding internal expectations and reflecting higher player engagement across OLG's online platforms.

The corporation launched more than 300 new online games, expanded digital content categories, and introduced features targeting casual players. These moves helped OLG compete in the market alongside many Canada online casinos.

Proceeds from OLG's online offerings, including its sportsbook product PROLINE+, rose 18% to $882 million. This underscores the growing contribution from Canada online sportsbooks within the broader digital segment.

Traditional Gaming and Lottery Performance

While digital channels expanded rapidly, traditional lottery and land-based gaming contributed the majority of total revenue, with lottery sales dipping slightly and retail gaming posting modest growth.

OLG operates a network of casinos, charitable gaming centers, and lottery offerings across the province. They often partner with private operators to provide such options for Ontario residents. These traditional channels remain key to the broader Ontario gambling ecosystem.

Strategic Outlook: Sports Betting and Digital Transformation

A major strategic focus for OLG during and following FY 2024-25 was a significant technology shift for its sports betting operations.

Late in the fiscal year, OLG announced its transition of its omnichannel sportsbook platform from La Française des Jeux (FDJ) to Kambi Group. The novation agreement was completed and OLG's Kambi-powered PROLINE sportsbook launched in January 2026, providing enhanced online and retail betting experiences.

Their move to Kambi is intended to strengthen OLG's competitive position in Ontario's regulated sports betting market. This includes delivering more advanced betting markets, improved odds pricing, expanded props and futures, and broader sports and esports options.

Executives from both OLG and Kambi have framed the partnership as a way to help the PROLINE brand grow its market share in a crowded landscape of commercial operators. It also aims to maintain a technology platform capable of long-term innovation and scalability.

Contributions to Communities and Public Programs

OLG continues to reinvest gaming proceeds into community stakeholders. During FY 2024-25, it distributed approximately $1.3 billion to host municipalities, lottery retailers, Indigenous communities, and the federal government. 

Charitable gaming also achieved record proceeds, delivering $111 million in payments to Ontario charities.

Competitive iGaming Market

OLG's digital expansion occurs within a rapidly evolving online gambling landscape. This includes dozens of licensed private operators alongside the crown corporation's own offerings. 

Going forward, OLG is focused on enhancing its digital product portfolio. They expect the updated PROLINE platform to further grow across Canada online sportsbooks and online casino markets.

The organization projects that online gaming revenue could exceed $1 billion by 2028 as it continues to innovate and improve customer engagement across its digital channels.

Jonathan Rodriguez
Jonathan Rodriguez

Jonathan is an avid basketball fan, and is often looking forward to the next upcoming NBA season when not checking players' stats during games. He also likes to keep his ears on the ground for the latest rumblings in the online casino industry.

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