Alberta's regulated iGaming market generated CA$122.1 million (US$87.2 million) in non-adjusted gross gaming revenue (NAGGR) between its July 13 launch and September 30, 2026, according to a market performance report from Alberta iGaming Corporation (AiGC). Casino.org and Yogonet, which reported the figures, put total handle over the same period at CA$2.89 billion (US$2.06 billion); the date of the report itself has not been stated.
Revenue rose each month, from CA$22.2 million (US$15.8 million) in July to CA$43.3 million (US$30.9 million) in August and CA$56.6 million (US$40.4 million) in September, with the July figure covering only the 19 days from the July 13 launch.
The number of licensed iGaming operators grew from 15 at the July launch to 24 by the end of September. As of October 24, Alberta Gaming, Liquor and Cannabis (AGLC) had issued 42 iGaming operator licences, and 52 iGaming sites were listed as live in the province. The numbers of operators and sites rose sharply ahead of the October 13 deadline for unregulated operators to enter the regulated market.
Only Casino.org explains why there are more sites than licences, attributing the gap to several operators running more than one site.
Casino games accounted for 75.6% of September NAGGR, sports betting for 19.5% and live casino for 4.9%. AiGC counted 388,585 active player accounts that month, with average revenue per active account of CA$146 (US$104). Casino.org, which gives the average as $146 without naming a currency, is also the only outlet to say the account total is not a count of individual players. By its account, a player with accounts at several operators is counted more than once.
Operators keep 80% of net iGaming revenue in Alberta, as in Ontario, and the province receives the remaining 20%. Before that split, Alberta allocates 3% of gross gaming revenue to First Nations and responsible gambling initiatives.
"Regulation matters. This is a market where approved iGaming operators are held to high standards of accountability, and where revenue stays in the province to fund programs and services Albertans rely upon," AiGC CEO Dan Keene said.
Dividing revenue by handle gives the market's blended hold for the quarter. CA$122.1 million on CA$2.89 billion is 4.2%, so for every CA$100 wagered across all products, operators kept about CA$4.22 before any adjustments. That number is not the house edge of any single game, because it mixes casino play with sports bets. Handle also counts the same money every time it is re-wagered, so a deposit cycled through many spins adds to handle without adding to deposits. The September account figures are internally consistent: 388,585 accounts at CA$146 each comes to about CA$56.7 million, within rounding of the reported CA$56.6 million.
The published figures do not show how much the province has collected so far.
The reported figures are non-adjusted, and they do not say which deductions separate NAGGR from the base used for the split. A published net iGaming revenue figure for the quarter, or the province's actual receipts, would settle it.
Prepared with AI from independent sources and published automatically, without prior editorial review. How we use AI