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Gambling, & Poker News
Gambling, & Poker News
Stake Canada could soon join Alberta regulated online gambling market after completing operator registration with Alberta Gaming, Liquor and Cannabis.
The approval puts Stake closer to offering online casino games and sports betting in Canada second competitive iGaming province. A commercial agreement with Alberta iGaming Corporation still needs to be completed before betting can begin.
Good to Know
Alberta has quickly developed into a sizable regulated iGaming market. More than 50 operators had registered within the first two months, with around 24 sites already live by mid September.
Operators pay a 20% provincial share after Alberta first removes 2% of revenue for First Nations communities and 1% for social programs and responsible gambling measures. The province expects about $76 million in government iGaming revenue during the first year.
Stake now needs to finish the commercial side of entry with AiGC before it can take wagers.
Stake Canada General Manager Kris Abbott said:
“We’re a registered operator as of today and we expect that licensing and an operating agreement are not too far behind.”
Stake also received a three month transition extension after applying in July while completing platform certification. The grace period ends October 13. Abbott said the company expects to meet that deadline.
The Alberta application forms part of a wider effort to place the Stake brand inside regulated markets.
Stake Canada operates separately from the Curaçao based Stake.com platform. The Canadian business also has an application pending in Ontario, where approval has taken longer. Alberta could therefore become the first regulated Canadian market for Stake Canada.
Outside Canada, Stake has added regulated operations in markets including Mexico, while expansion during 2026 has also included other jurisdictions across Europe and Latin America.
Alberta does not require operators to secure a retail casino partnership. Online only companies can enter once AGLC regulatory requirements and AiGC commercial requirements are complete.
The provincial framework also includes restrictions on bonus advertising, athlete and celebrity marketing, responsible gambling requirements and centralized player protection measures. Alberta largely based its advertising framework on rules already used in Ontario.
The post Stake Canada Nears Alberta Sportsbook And Casino Launch appeared first on iGaming.org.