Betty Canada has announced a remarkable net gaming revenue of USD 90.2 million for the second quarter of 2026, showcasing an impressive year-over-year increase of 113%, as highlighted in the financial results first reported by Canadian Gaming Business.
This figure also marks an 11% rise compared to Q1’s net gaming revenue, with EBITDA reaching USD $8.4 million for this financial quarter.
In June 2026, Betty’s platform recorded 167,000 active players, a significant increase from 81,000 active players in June 2025.
Revenue Surges to New Heights
The Customer Acquisition Cost (CAC) rose to $352 in Q2 2026 (the three-month period ending June 30), reflecting the company’s strategic commitment to capturing a larger market share despite higher costs.
Of the 53,000 New Active Depositors (NADs) generated during the quarter, 53% were attributed to organic or non-paid sources, including initiatives such as the Refer-a-Friend program.
“Financially, the continuous revenue growth, improving gross margins, and operational discipline have transitioned the business into a steady EBITDA-positive entity,” stated the company in their official release.
Organic Growth Fuels Expansion
“Looking towards the future, Betty is strategically positioned for accelerated profitable growth. With a robust revenue base and augmenting EBITDA, the company is cultivating a financial profile characteristic of a major player while preserving the flexibility to invest vigorously where feasible,” the company added.
Betty made its debut in Ontario in February 2023 as a female-centric brand focused on slot games, and now boasts a user base split evenly between genders, with a slight favor toward women.
Transitioning into 2025, Betty adopted a decentralized franchise model, aiming to evolve into a global casino brand and expand into U.S. and Latin American markets.
Alberta Market Entry
The vision is to establish the “McDonald’s of iCasino,” as co-founder Justin Park articulated. On May 5, the company announced it had secured a UK operating license and began operations in the UK market on June 1.
Park serves as the Group Chief Executive Officer (CEO) of Betty Gaming Ltd., while Chavdar Dimitrov leads Betty Gaming Canada Ltd. Under the franchise model, licensing fees will funnel back to the parent company.
In Canada, Betty officially launched in Alberta on July 13, coinciding with the introduction of the iGaming market there.
The company revealed that over 10,000 player registrations were secured prior to the commencement of real-money gaming.
“Alberta represents Betty’s most immediate opportunity for growth. By the conclusion of 2026, the province is projected to reach an Annual Recurring Revenue (ARR) of $60 million, with estimates placing it at 35–40% the size of our Ontario operation once fully matured,” the statement concluded.