Alberta's iGaming Market Set to Launch in July
Alberta's iGaming market is set to launch by mid-July, with numerous applications from leading companies like BetMGM and FanDuel. Excitement builds as the province prepares for this new venture.
Follow the latest developments in Canada's gambling industry, including online gaming, sports betting, casino expansions, regulatory updates, market performance, and responsible gambling initiatives from across the country.
Alberta's iGaming market is set to launch by mid-July, with numerous applications from leading companies like BetMGM and FanDuel. Excitement builds as the province prepares for this new venture.
Kambi Group has successfully secured a national sportsbook deal with the Atlantic Lottery Corporation and British Columbia Lottery Corporation. This announcement comes alongside a reported 4.9% increase in first-quarter revenues, reaching €43.5 million. Kambi will provide sports betting services across several Canadian provinces.
DraftKings is gearing up to launch its online sportsbook and casino in Alberta, Canada, starting July 13. This expansion aligns with the World Cup, offering exciting opportunities for local sports fans.
Canadian regulators are cracking down on prediction markets, emphasizing compliance for firms and investors involved in event contracts. The CSA and CIRO issued a press release outlining necessary regulations, including registration requirements.