Key Takeaways
- Betty Canada reported that its net revenue grew 23% and its active players surged 28% in Q3 2026 compared to Q2 2026.
- The online slots and iBingo operator launched in Alberta’s regulated iGaming market on day one on July 13, and around 32,000 of its 214,000 active users are in that province.
- The operator says Alberta will be its “main growth engine” before the end of 2027.
Growing online casino brand Betty Canada reported strong growth in revenue and active players in the third quarter of 2026, as continued progress in Ontario was complemented by a day-one Alberta market launch.
In a Q3 update shared by Betty Canada CEO Chavdar Dimitrov, the privately held slots and iBingo operator reported that its net revenue grew to $111m for the three months ended Sept. 30, 2026. That was 23% more than the net revenue the company posted in Q2.
Betty noted that Alberta generated nearly $10m in net gaming revenue in less than three months after its July 13 launch, while Ontario net gaming revenue grew by $11m (12%) from the second quarter of the year to reach more than $100m.
Alberta sign-ups fuel surge in active users
The company said that by the end of September, it had more than 214,000 cash-active players across its Ontario and Alberta platforms. That was almost double the 110,000 active users it had in October 2025 and was up 28% from June, the last full month in which it was only active in one province.
While Ontario active users grew 6% quarter over quarter, the Alberta expansion was the main driver of that sharp increase. Betty Canada said in its previous quarterly update that it already had more than 10,000 player registrations in Alberta before it began taking bets on opening day in the province, thanks to a pre-launch marketing campaign that included digital ads and billboards in the province.
The brand recorded almost 43,000 new depositors in Alberta in Q3. By the end of September, it had roughly 182,000 active players in Ontario and almost 32,000 in Alberta. Across both provinces, net revenue per active Betty Canada player hit $193 and $195 in July and August, setting successive high marks for 2026.
Betty Canada expects strong, sustained Alberta growth
The operator said that it drew on its established Ontario operations by launching in Alberta with its loyalty program and daily gamification features. It also rolled out its Betty Originals content range in Ontario in late August and Alberta in mid-September. In Q4 2026, Betty will introduce its full range of LiveOps gamification features in Alberta.
Betty Canada called Alberta its “most immediate and tangible growth opportunity.”
By the end of September, Alberta already accounted for 12% of Betty Canada’s revenue, and the operator expects that to rise to 27% by the end of 2027.
“Early signals suggest Alberta will deliver on its promise to become our main growth engine over the coming 14 months,” added the company’s report.
Betty claims at least 20% online casino market share in Ontario
Betty is one of 50 regulated iGaming operators in Ontario, including 48 other licensed commercial brands and the government Ontario Lottery and Gaming Corporation (OLG).
While iGaming Ontario does not break down its non-adjusted gross gaming revenue reporting by operator, Betty said that its quarterly net revenue of $101m in the province saw it “break the 20% casino market share threshold as measured by the iGO market performance report, cementing Betty’s status as one of the biggest casino operators in Ontario.”
After entering the world of online bingo, facilitated by the acquisition of Kirkland Lake Bingo Hall in Northern Ontario in March 2026, Betty Canada added that 39% of its active players in Ontario played real-money iBingo in September.
Ultimately, Betty Canada added that its strong Alberta start and continued growth in Ontario demonstrate that it can operate across multiple jurisdictions and repeat its success in Ontario in Alberta’s similar marketplace “without diverting attention from Ontario.”
Ontario regulator fined Betty Canada in August
While Betty continued to grow in Ontario in Q3, it also faced disciplinary action from the provincial gambling regulator.
The Alcohol and Gaming Commission of Ontario (AGCO) fined Betty $120,000 in August, stating that failures in its age-verification and player eligibility controls allowed users under the province’s legal gambling age of 19 to sign up with the platform and, in some cases, deposit money and place wagers.
A Betty spokesperson confirmed the violation in a statement to Canadian Gaming Business and accepted the fine.
“We reported it to the AGCO upon discovery and immediately closed the accounts,” said the spokesperson. We have since implemented additional safeguards to strengthen our player eligibility controls and prevent such incidents. Betty Gaming Canada accepts the AGCO’s findings and the penalty issued.”
