Alberta Forecasts $76M in iGaming Revenue for Year One

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The Alberta government anticipates generating $76 million in revenue during the inaugural year of regulated igaming, as stated by Service Alberta Minister Dale Nally, according to an article in the Edmonton Journal.

Minister Dale Nally at SBC Summit Canada
Dale Nally, Alberta’s Minister of Service Alberta and Red Tape Reduction, addressing attendees at SBC Summit Canada in Toronto. (Image: SBC)


The new igaming market is set to launch on July 13. According to Alberta Gaming, Liquor & Cannabis, the provincial regulatory body, as of June 26, 47 operators have successfully registered and completed their initial fee payments to AGLC. These operators still need to finalize the two-step process with the Alberta iGaming Corporation to launch by the July 13 deadline.


Revenue Goals Established


Operators must pay a one-time application fee of CAD $50,000 and an annual CAD $150,000 fee per igaming site, with multiple sites being introduced by several operators.


Alberta's revenue distribution model differs from Ontario’s, where 20% of net igaming revenue returns to the provincial treasury.


In Alberta, 2% of gross gaming revenue (GGR) is allocated to First Nations, and 1% is designated for social responsibility programs. Of the remaining net igaming revenue, 80% goes to operators, while 20% is directed to the Alberta government.


Alberta's Revenue Model


Using this structure, Nally projects CAD $390 million in GGR for the first year.


In 2025, Ontario generated $4.04 billion in igaming revenue, translating to approximately $807 million for the province after the 20% allocation. This figure does not account for revenue from the government-operated Ontario Lottery and Gaming Corporation.


Major players such as DraftKings, FanDuel, BetMGM, Betway, BetRivers, and Bet365 are set to enter the Alberta market.


Leading Operators Arriving


Play Alberta, the government-backed platform, will be competing with private operators starting July 13.


“I enjoy placing a few bets on the Edmonton Oilers,” Nally mentioned during his talk at the SBC Summit Canada in Toronto last May. “I believe there’s nothing wrong with engaging in a bit of gambling. However, if it leads to issues, we are prepared with support systems in place to help. We prioritize having protective measures.”


“Ensuring player safety is our top priority in Alberta. We want to guarantee that gambling remains a safe recreational activity for everyone.”



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