On his proposal, Nally commented, “This is about bringing order to a growing market, collecting revenue, and giving Albertans a safer, more responsible way to play.”
Alberta to open up to gambling companies
Alberta Passes iGaming Act To Expand Legal Betting IndustryFlutter CEO Peter Jackson confirmed that FanDuel plans to enter the Alberta market next year. Other leading sports betting sites will be expected to follow as they have done in Ontario since it took a similar step in 2022.
Ontario now has 49 registered operators offering 84 gaming websites under the regulation of iGaming Ontario (iGO). It has set a precedent for other provinces to follow.
The Canadian Gaming Association commented that, “Ontario’s model has proven that a regulated iGaming market can be competitive, profitable, and safe.”
Alberta Passes iGaming Act To Expand Legal Betting Industry Alberta Passes iGaming Act To Expand Legal Betting IndustryShutting down the gray market
Officially, only PlayAlberta offers legal gambling in Alberta at the moment, however, many other operators are active in the gray market. Stake, for example, offers online casino gambling in Canada, and many take advantage of this, including the company’s ambassador Drake, who regularly hosts live betting streams on Kick.
Stake is not officially licensed in Ontario, but the company plans to launch a dedicated site, Stake.ca, this year and register with iGO. The company will likely do the same in Alberta now as well.
Alberta Passes iGaming Act To Expand Legal Betting IndustryAlberta will expect a similar shift when iGaming opens up next year.