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AI-focused Bragg names new COO as it plans for prediction markets

As Bragg Gaming Group focuses on “aggressively” expanding in Canada and the U.S., including heavy pursuit of AI and entry into the U.S. prediction markets vertical, it has named a new Chief Operating Officer and promoted another executive to help lead the charge.

The Toronto-based supplier has named former Xtremepush C-suite leader Morten Tonnesen as COO and promoted Garrick Morris to the position of Executive Vice President of Global Content, U.S. and Canada.

Tonnesen left software supplier Xtremepush in September 2025 after serving as Chief Growth Officer since March 2024. His past gambling industry experience includes six years with PokerStars. Meanwhile, ex-Digital Gaming Corporation COO Morris has been with Bragg as Senior Vice President of Commercial for the U.S. and Canada since 2024, helping to lead developments including the launch of Bragg’s Remote Gaming Server technology, player account management platform and a range of proprietary games.

Bragg said on Tuesday the appointments emphasize its strategy of “aggressively scaling and expanding the high-margin content business” with a specific focus on North American online gambling.

“Both leaders are highly qualified, bringing extensive iGaming expertise that will be vital as we embark on our next chapter: becoming a global B2B leader in content, engagement, and infrastructure and what we believe will be iGaming’s ‘AI-First’ company,” said Bragg Chief Executive Officer Matevž Mazij in a statement.

The new COO and Morris’ promotion are the latest major leadership changes at Bragg. In 2024 and 2025, it made several key executive hires, including a new Chief Financial Officer, a Chief Commercial Officer and an Executive Vice President of Global Content.

Bragg leans into AI as main source of power

Bragg operates as a licensed iGaming content and technology supplier in more than 30 regulated online casino markets across the world, including two Canadian provinces, six U.S. states, and multiple Latin American and European jurisdictions. It launched in Brazil, Québec and West Virginia in 2025, adding to an online casino footprint that already included Ontario.

As referenced by the CEO, Bragg has warmly embraced AI in recent times.

It named former Sportradar exec Luka Pataky to the brand-new role of EVP of AI and Innovation last year and plans to become “a fully AI-first company” by 2027, including ensuring that 90% of new products and more than 75% of operational workflows are augmented by AI. In January of this year, the company revealed it was laying off approximately 12% of its global workforce in a bid to accelerate its path to profitability, aided by AI.

Last week, Bragg reported strong U.S. and Canada growth and said that its global content business delivered 76% year-on-year growth in Q4, supported by the increased AI implementation.

“It has been captivating to watch the scale, scope and speed with which Bragg is already building the Bragg AI Brain and, thereby, transforming itself into an AI-first company,” said new COO Tonnesen in Tuesday’s release.

Prediction markets leadership on the agenda

The announcement of Tonnesen’s hire and Morris’ promotion also reiterated Bragg’s intention to prediction markets, a vastly expanded but controversial gambling-adjacent vertical that has exploded across the U.S. in the last 18 months.

Mazij said in comments last week, announcing the company’s financial results, that in addition to further iGaming innovation and growth, Bragg will “aggressively pursue emerging alternative markets, such as historical and live racing and prediction markets,” and also look to move into new jurisdictions that offer opportunities for higher margin content business. One of those could be Alberta, which will open up for regulated online casino gaming later this year.

Major technology suppliers such as Genius Sports and Sportradar have eagerly confirmed plans to offer their services in the prediction markets vertical, and Bragg is keen to get involved too. Tonnesen and Morris both referenced the company’s plans to enter the segment in their appointment statements, and Mazij said that Bragg doesn’t want to merely participate but to lead the field.

“With Morten streamlining operations and Garrick focused on U.S. and global content expansion, we believe we are uniquely positioned to provide the robust iGaming ecosystems required by leading players in the evolving historical and live racing and prediction markets,” added the CEO.

“We believe Bragg will stand out as the sole B2B provider operating at the convergence of iGaming, sports, and predictions.”

PrizePicks leaving Canada amid US focus

Daily fantasy sports and prediction markets operator PrizePicks is shutting down its Canadian operations to focus on U.S. expansion.

“On March 3, PrizePicks announced its planned exit from the Canadian market,” a PrizePicks spokesperson told Canadian Gaming Business on Tuesday. “We are currently hyperfocused on our continued expansion across the U.S. and delivering the best product experience for our players.”

PrizePicks will stop taking deposits for new fantasy lineups starting on March 10 and players will need to withdraw all funds by April 2 before the full Canadian shutdown occurs the following day with the closure of all games across the entire country.

PrizePicks only operated outside Ontario

PrizePicks has never been licensed as an iGaming operator in Ontario and will not pursue a license. After all, as a DFS-focused brand, Ontario does not make much sense as a target market given that the province’s regulations require all players of a game to be located within Ontario.

Like online poker, DFS is a form of real-money gaming that thrives on multi-jurisdictional play. Ontario’s ring-fencing requirement saw other DFS giants FanDuel and DraftKings abandon their paid-entry fantasy contests in the province once it began regulating iGaming, and other DFS operators tend to steer clear of the market.

While Ontario’s gaming regulations forbid cross-border DFS play, the question of whether the provincial government and approved operators could legally offer that option has gone before two separate courts in recent times.

An Ontario Court of Appeal decision found that nothing in the Criminal Code prevented the province from pooling paid-entry peer-to-peer games like PrizePicks’ Arena with players in other jurisdictions, but three non-Ontario Canadian lotteries appealed that decision up to the Supreme Court of Canada.

While PrizePicks has offered its paid DFS contests in other Canadian provinces outside Ontario, its operations north of the border have been “deprioritized,” and the decision has been made to call it quits.

Its desire to focus more firmly on the U.S. market and its apparent decision that Canada isn’t worth the time or effort is similar to the reasoning that social gaming giant VGW gave for pulling the plug on its Canadian operations last year.

PrizePicks’ impending exit also comes as Alberta draws closer to following Ontario by bringing real-money online gambling under regulatory oversight on a licensure basis.

Prediction markets and US expansion priorities for PrizePicks

As Atlanta-headquartered PrizePicks said in its statement, it is “hyper-focused” on U.S. growth. The company is currently live in all 50 states, although the product it offers varies from jurisdiction to jurisdiction amid multiple major operational shifts at the company.

Its Player Picks, the paid product that has been on offer in Canada outside Ontario, are now available in as many as 36 states after New York approved the company for a DFS license earlier this year.

However, while PrizePicks used to offer against-the-house betting-style picks, it transitioned to peer-to-peer picks play only in the U.S. last summer. P2P DFS has typically received less pushback from gaming regulators than against-the-house DFS, which has repeatedly been equated to sports betting.

Since that shift, its operations have expanded massively.

PrizePicks launched prediction markets in partnership with U.S. exchange marketplace Kalshi last November and those products are available in almost every state on things like entertainment and culture markets. Its Team Picks, which are sports prediction markets such as game outcomes, spreads and points totals, are currently available in 35 states.

That pivot came amid global lottery giant Allwyn closing an acquisition of a majority share of PrizePicks that valued the company at around US$2.5bn.

PrizePicks cannot lean into prediction markets in Canada as it does in the U.S. because, while legal and regulatory uncertainty shrouds things south of the border, Canadian securities laws treat event contracts as banned binary options that cannot legally be promoted, marketed, or sold to the public.

SBC Media launches dedicated Affiliate Leaders news platform

SBC Media has officially launched Affiliate Leaders as a standalone news and insight platform dedicated to the global affiliate and performance marketing community.

The relaunch marks the next chapter for Affiliate Leaders, evolving into a fully-fledged editorial platform delivering breaking news, in-depth features, interviews and analysis for affiliates, affiliate teams, agencies and marketing technology providers.

Led by Editor Jyoti Rambhai, Affiliate Leaders will provide neutral, trusted and news-led coverage of the affiliate marketing ecosystem, with a focus extending beyond the betting and gaming industry, into affiliation in ecommerce, travel and more, as well as the wider performance marketing world. 

The launch builds on the current Affiliate Leaders magazine and newsletter and strengthens SBC Media’s portfolio of specialist B2B publications, further aligning the media division with SBC Events’ dedicated affiliate conference vertical, Affiliate Leaders Summit.

An overlooked gaming sector in media

Affiliate Leaders will serve as the year-round editorial home for the global affiliate community, complementing SBC Events’ in-person gatherings by providing consistent reporting, thought leadership and industry scrutiny between events.

“We see a clear opportunity to elevate how affiliate marketing is covered,” said SBC Managing Director Andrew McCarron. “Too often, the sector has been underserved from a journalism perspective. Affiliate Leaders is built on the same editorial principles as the rest of the SBC Media portfolio – neutrality, credibility and meaningful insight.”

Under Rambhai’s editorial leadership, the platform will prioritize depth and analysis alongside breaking news coverage. 

“Affiliate marketing has evolved into a sophisticated, data-driven and strategically vital part of the industry. It deserves a publication that treats it as such,” added Rambhai. “We want this to become the trusted home for affiliate marketing professionals who are looking for clarity, insight and independent reporting.”

Close alignment with Affiliate Leaders Summit

The platform will also integrate closely with SBC Events’ Affiliate Leaders Summit series, supporting speaker profiles, event coverage and thematic reporting aligned with key industry discussions.

“Affiliate marketing plays a critical role in the growth strategies of operators and suppliers across our industry,” said SBC Founder and CEO Rasmus Sojmark. “As the sector has matured, it has become clear that it requires more structured, independent and professional media coverage.

“By combining SBC Media’s editorial expertise with the strength of our Affiliate Leaders events portfolio, we are creating a powerful ecosystem that supports the affiliate community both online and in person.”

Affiliate Leaders is now live at AffiliateLeaders.com, with regular news updates, feature content and newsletter editions available to subscribers.

Wazdan eyes further growth in Ontario with FanDuel collaboration

FanDuel Casino players across Ontario will now gain access to Wazdan’s titles after the Malta-based supplier agreed a new content distribution agreement with the leading operator.

Facilitated by Light & Wonder’s aggregation platform, FanDuel will incorporate titles such as Wazdan’s Mighty Fish: Blue Marlin and 36 Coins into its offering, as well as tools focused on boosting player engagement, including Wazdan’s Cash Infinity™, Hold the Jackpot and Sticky to Infinity™ mechanics.

Wazdan said in a press release that its two feature-rich titles help “showcase [its] signature balance of recognizable themes and performance-driven mechanics”.

“Partnering with FanDuel represents a major milestone in Wazdan’s North American growth strategy and underlines the strong demand for our engagement-driven portfolio across regulated markets,” added Wazdan Head of Sales Radka Bacheva.

Wazdan has been licensed as an iGaming supplier in Ontario since 2022 and first launched its games in the province in April 2023 with Caesars. It has since added other operator partners in the province and in 2024 it expanded into Québec through a deal with Loto-Québec.

FanDuel deal also extends to Michigan

Meanwhile, FanDuel has also taken Wazdan’s content live in Michigan, with “an extensive flurry of additional slot offerings” soon to be made available to players.

The agreement further deepens Wazdan’s footprint across North American online casino markets; the supplier already had games live with some operators in Michigan and also has a presence in several other U.S. regulated online casino states.

Now, both north and south of the border, the supplier will get exposure to players through one of the market-leading online casino platforms.

“FanDuel’s reach and reputation make them an ideal partner, and launching simultaneously in Ontario and Michigan is a powerful way to introduce our games to new audiences,” added Bacheva. “We are confident that our feature-rich titles and proven mechanics will resonate strongly with players and deliver tangible value for FanDuel as we continue to scale our presence across the region.”

PENN confident theScore’s status will translate to Alberta market share

One of the most renowned sports brands in Canada is now signing up betting customers in Alberta, and executives at theScore Bet expect big things.

theScore owner PENN Entertainment has applied for a license to offer online sports betting and casino gaming in the province’s upcoming iGaming market and has begun letting Albertans download the gambling app and register for accounts, the company announced on Friday.

Pending all requisite regulatory approvals, theScore Bet and theScore Casino will be among the first platforms available to Alberta gamblers when commercial brands begin competing with the government-run Play Alberta site.

When exactly that will be still has not been confirmed, but Alberta officials suggested to Canadian Gaming Business that a late spring or early summer launch is the target. The best bet right now seems to be about July. Speaking on an earnings call the day before PENN’s public update about theScore Bet in Alberta, the company’s Chief Executive Officer Jay Snowden said he expects the market to go live “sometime around mid-year.”

“That hasn’t been firmed up yet, but that’s what we’re anticipating,” he added.

Whenever Alberta does open, theScore will be there. It will have a lot to lean on in Alberta, and not only from its experience as one of dozens of authorized online gambling brands in Ontario.

For PENN and theScore, connections matter

In a release announcing the Alberta development, PENN Interactive Chief Product Officer Billy Turchin cited theScore’s status as “Canada’s premier digital sports media brand.” Certainly, for many sports fans in Alberta (and there are many), theScore will be a familiar name and perhaps even a familiar user interface.

The brand’s flagship sports media app, owned by PENN since 2021, had already been around for years by the time of that takeover and today has approximately 1.3 million active users per month across Canada, per numbers cited by Snowden last year. theScore Bet also benefits from visibility that transcends provincial borders, no more so than through the exclusive 10-year partnership it has with the Toronto Blue Jays that puts theScore Bet’s name in full view in various places inside Rogers Centre and the Jays’ branding on several exclusive casino games.

“theScore brand really does carry across the country,” said Snowden on Thursday’s earnings call. “It’s not just specific to the province of Ontario. We feel pretty good about that.”

In Ontario, currently the only province open to theScore for real-money gaming, PENN has tied the sports news and media app together closely with the sports betting and casino experience, allowing users to opt into something called “theScore Bet mode.” That allows for account linking between the sports media app and the betting app, as well as for sports fans to see live odds and other betting features while they read or watch sports content.

PENN has also pursued that integrated model in the U.S. with first ESPN Bet and ESPN and now, since December, theScore Bet. Under PENN’s new Head of theScore, ex-ESPN Senior Vice President Nate Ravitz, that will continue to be a key focus.

Turchin said that the company will offer an “integrated media and betting offering” when the market opens, so Edmonton Oilers or Calgary Flames fans or other sports perusers will get the same connected experience that Toronto Maple Leafs fans get on the app in Ontario.

PENN execs expect Ontario-esque market share

In Ontario, the signs suggest that theScore’s name and legacy as a sports media leader in Canada have done very well for PENN. Market share data is hard to come by for Ontario iGaming, but Snowden has said in the past that theScore Bet holds double-digit market share in online sports betting and high-single-digit share in online casino.

Snowden has also said in the past that Alberta can be a top three or four market for PENN, boosted not only by theScore’s brand cachet but also by Alberta’s Ontario-like approach of allowing both online sports betting and online casino and taxing overall revenue across the two verticals at around 20%.

“Alberta should be a good market for us,” the CEO reiterated on Thursday. “Our strongest market has been Ontario from a market share and a contribution margin perspective. We expect Alberta to be a good market, with reasonable tax rates similar to Ontario and both online sports betting and online casino, and we would expect to have similar market share results in that market.”

Snowden told investors and analysts late last year that the abandonment of its failed ESPN Bet venture would allow PENN to invest more heavily in Canada, something that Chief Financial Officer Felicia Hendrix echoed on Thursday’s call. But how much marketing spend will a brand like theScore really need in Alberta?

“We’re still finalizing our marketing launch plans there and taking the best of what worked with our Ontario launch and eliminating the things that didn’t work,” Snowden said of the Alberta launch plan. “I would say it’s probably going to be somewhere in that $15m to $20m [USD] range.

“Obviously, it’s a really important market. And we’ve all learned through the years that those initial sign-ups you get, those are the most valuable customer cohorts that you end up with. We’ve got to make sure that we launch as successfully in Alberta as we did in Ontario. When you do, you tend to hold on to your market share much more effectively.”

Aviatrix lands in Ontario market on Caesars platforms

Award-winning crash game Aviatrix is now live in North America for the first time, making its debut on the continent in Ontario on Caesars‘ three licensed online casino platforms.

The premise of Aviatrix is simple. Like other crash games, it follows the simple premise of a payout multiplier increasing continuously until the game randomly “crashes” and resets. Using the framing of a multiplier climbing from 1x as a plane takes off and gains altitude, players must cash out before the plane stops flying.

Aviatrix has won multiple awards, including an SBC Award for Rising Star in Casino Innovation. It is licensed or certified in numerous European countries including ItalySweden, Greece and the Netherlands, and it also has a Latin American presence in Peru and Colombia.

It received approval from the Alcohol and Gaming Commission of Ontario (AGCO) as a B2B supplier in late 2024. Now, its flagship crash game is available in Canada’s only commercial regulated iGaming province on Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino. The partnership with Caesars will ultimately be expanded to include some U.S. states where online casino gaming is legal.

“This is yet another landmark moment for Aviatrix,” said Aviatrix Chief Account Officer Anastasia Rimskaya. “Over the last two years, we have focused on bringing the game to regulated markets around the world, and to add our first in North America is something we’re really proud of.

“Partnering with a global leader like Caesars Entertainment is a clear statement of intent, and we are excited to work together as we expand across the region.”

Aviatrix is Caesars’ latest online casino addition in Ontario. Last year, it partnered with several new game developers, including Cyprus-headquartered game studio Evoplay, and it also added new content from the likes of Pragmatic PlayBragg Gaming GroupPlay’n GOAGSEveryMatrix and Pixiu Gaming.

“We’re delighted to be the first operator to bring Aviatrix to North America,” added Caesars Digital Vice President of Online Gaming Ricardo Cornejo Rivas. “This title has been very popular among players worldwide, and we’re confident it will resonate with our Ontario audience. This launch marks the official beginning of our partnership, and one we look forward to building on.”

PointsBet Canada confirms it is appealing AGCO suspension

PointsBet Canada does not believe that its temporary suspension in Ontario is fair and it will challenge the decision.

The online casino and sportsbook confirmed on Thursday that it will appeal the decision by the Alcohol and Gaming Commission of Ontario (AGCO) to suspend it for five days over an alleged failure to identify and adequately report suspicious betting on now-banned NBA player Jontay Porter.

PointsBet will request a hearing before the independent Licence Appeal Tribunal to contest the punishment, which was announced publicly by Ontario’s gambling regulator on Feb. 12.

“We have a strong compliance record in Ontario and remain fully committed to the highest standards of integrity and player protection,” said PointsBet Canada Chief Executive Officer Scott Vanderwel in a Feb. 26 statement. “We look forward to presenting our case at the Tribunal.”

A spokesperson for the AGCO told Canadian Gaming Business that the agency could not comment beyond confirming that it “will let the process follow its course and will provide the tribunal all necessary details, supporting our decision at the appropriate time.”

Pending the results of a future tribunal hearing, PointsBet can continue full online gaming activity as a licensee in Ontario.

PointsBet believes suspension would be ‘disproportionate’

In its reasoning for handing down the proposed five-day suspension, the AGCO stated that PointsBet showed a “systemic failure” to spot suspicious activity around then-Toronto Raptors player Porter.

Porter was banned for life by the NBA in April 2024 for manipulating his own performances and conspiring with sports bettors to ensure that prop wagers on his betting markets cashed. In July 2024, Porter pleaded guilty to the U.S. federal crime of conspiracy to commit wire fraud, admitting that he agreed to withdraw early from games.

The AGCO said that upon the allegations around Porter first emerging, it told all Ontario-regulated sportsbooks to confirm whether they had offered bets on Porter and if they had detected and reported any suspicious betting activity.

“PointsBet, after significant delay, advised the AGCO it had not offered any such bets,” said the agency. However, it alleged that PointsBet admitted 18 months later, in October 2025, that it had indeed offered betting on Porter in the games that were linked to the scandal.

In a statement given to Canadian Gaming Business, PointsBet Canada said that the issues stemmed from “an initial inaccurate response in March 2024, caused by human error during an organizational transition — not any intent to withhold information.” PointsBet said that once it discovered the betting activity, it immediately disclosed it and cooperated fully with the investigation and the AGCO.

“PointsBet believes the proposed sanction is disproportionate to the isolated matter in question, which stemmed from human error,” said the operator on Thursday.

The proposed temporary suspension, which will remain on hold pending the outcome of the adjudicatory hearing, would be the first time that the AGCO has suspended a licensed operator for a violation. Ontario’s regulator previously fined PointsBet Canada for separate and unrelated infractions in 2022 and 2023.

PointsBet posts 34% Ontario growth ahead of Alberta launch

PointsBet has offered online sports betting and online casino gaming in Ontario’s regulated market since 2022.

The now MIXI-owned Australian company reported this week that its Canadian revenue grew 34% year over year in the first half of the Australian fiscal year (July 1 to Dec. 31), up to C$22.2m, and its gross profit in Canada jumped 30% to C$10.8m.

While PointsBet offers online sports betting in both Australian and Ontario, its Canadian growth was driven by online casino, for which Ontario is its only current market. Its iCasino net win in Ontario surged 58% year over year for the six-month period to C$15.6m. Ontario sports betting net win was flat at C$6.6m, a 0% annual change.

PointsBet plans to roll out an upgraded online casino platform in Canada in the next few months to capitalize on its growth.

The operator is also preparing to launch in Alberta when that province begins allowing regulated commercial iGaming play, slated to be around June or July. PointsBet has applied for a license to operate in Alberta and has begun marketing activities and player sign-ups in the province.

“We’re excited to introduce our innovative, Canadian-focused sports betting and online casino products to Alberta residents, supported by industry-leading speed, responsible gaming tools, and local expertise,” said Vanderwel.

Ontario iGaming posted 20% annual growth in January

Ontario’s online gambling market grew by more than 20% year over year in January 2026, as a new provincial record monthly Ontario iGaming handle was fueled by a larger upswing in online casino activity.

The first revenue report of the year from iGaming Ontario (iGO) showed that the total dollar amount wagered on licensed platforms for the month was 21.4% higher than it was in January 2025, at a new all-time high of $9.52bn.

That January gambling activity in Canada’s only open regulated iGaming market translated to a total of $401.5m in non-adjusted gross gaming revenue (NAGGR) for the 48 licensed commercial operators who are currently operational in the province.

That aggregated revenue was 22.2% higher than January 2025 but down 6% from December 2025’s all-time monthly record of more than $425m.

Online casinos making 33% more than last year

Ontario is approaching its fourth anniversary of regulated iGaming, having opened its market in early April 2022. Over the time since, the biggest pattern that has emerged — other than strong annual growth continuing year after year — is that online casino gaming dominates both player spending and operator earnings.

That certainly persisted in January, as 86% of the total monthly handle ($8.18bn) was laid down by gamblers on iCasino. Meanwhile, Ontarians gambled $1.18bn on sports last month, while $156m was wagered on fenced-in peer-to-peer poker games in the province.

The monthly online casino handle was 25.6% higher than January 2025, whereas the sports betting spend was a tiny decrease of around 0.25% year over year.

The biggest year-over-year growth in Ontario iGaming for the first month of 2026 came in the money that operators made from online casino gaming. iCasino NAGGR was $308.9m, an increase of 33.7% from January 2025, continuing another repeated pattern: Online casino revenue grows at a faster rate than online casino handle.

iCasino represented 77% of the iGO market by revenue share in January.

Sports betting less lucrative than a year ago

In contrast, the total sports betting revenue for operators in January was $86.7m, some 5.8% lower than the first month of 2025. It should be noted that January 2025 was an incongruously successful month for Ontario sportsbooks, with a revenue total of $92m that wasn’t beaten until November.

Around 22% of all regulated online gambling spending in Ontario last month was on sports.

All in all, there was a record of more than 1.32 million active player accounts in January 2026, 19.9% more than this time last year. But the average revenue per active account was relatively flat, up just 2% from January 2025 to $303. That was down 9% month over month from December’s record of $333 in NAGGR per account.

Momentum continues after booming 2025

The January results build on a full-year picture which shows that Ontario’s active licensed operators took more than $98bn in wagering volume throughout 2025 and made more than $4bn in NAGGR. The province charges operators a 20% revenue share rate, meaning that Ontario made more than $800m in tax money from regulated iGaming in 2025. It added another $80m or so in the first month of 2026.

Ontario iGaming handle has now eclipsed $9bn in all of the last four months, and has broken the $400m revenue barrier in the last three.

iGO’s reporting encompasses 48 licensed and active commercial operators, which collectively run more than 80 approved real-money gambling sites at the time of writing. It does not include activity on the online platforms of the government-run Ontario Lottery and Gaming (OLG). As of Feb. 25, 2026, OLG still has not released its full annual breakdown for its 2024-25 reporting year, which ended March 31, 2025.

Operators waiting at door in Ontario and Alberta

Other brands are waiting in the wings to enter Ontario, including sports streaming giant DAZN, which received a license in January from the Alcohol and Gaming Commission of Ontario (AGCO) to launch DAZN Bet in Ontario in 2026.

Meanwhile, many of the brands that compete in Ontario, by far the most saturated online gambling market in North America in terms of the number of licensees, are preparing to begin business in Alberta, or to transition from grey-market status in that province. The target timeline for Alberta becoming the second province to launch commercial iGaming is currently around June or July.

Alberta iGaming shifting into gear for start-of-summer launch

There was a time when there were hopes that an Alberta iGaming market might be up and running to kick-start start 2025. But almost 18 months after the provincial government took its foot off the accelerator and delayed its ambitious early timeline, the launch of regulated commercial online gambling in the province finally feels like it could be a possibility.

In interviews with Canadian Gaming Business over the last week, both the Minister responsible for Alberta iGaming and the interim Chief Executive Officer of the market’s management agency projected that around the start of this coming summer is a likely timeframe for the puck actually dropping.

“I would suggest that spring/summer is when you’re going to see the market open in Alberta,” Alberta iGaming Corporation (AiGC) Interim CEO Dan Keene said on a call last week. “I remain very confident of that.”

Speaking by phone two days later, Minister of Service Alberta and Red Tape Reduction Dale Nally hinted at what executives at companies including BetRivers operator Rush Street Interactive and Betway owner Super Group have said publicly recently: A launch around the end of Q2 (June) or the start of Q3 (July) feels within touching distance.

“I can’t give you the exact date, but we have some temporary regulatory requirements that we put up, and the expiration on those I believe is the second week in July,” Nally said. “So I think you can take that as a very big hint that we won’t be having this conversation in July. I can only tell you that the team is going all out to make sure that we’re live very soon.

“We have a date in mind. We’re just not ready to put out the media just yet.”

A long road, carefully walked

Rewind two years, and the initial targets were that Alberta iGaming would launch in early 2025 or even as early as in time for the 2024 Grey Cup in November of that year.

That seems remarkably optimistic with hindsight; when Nally and Co. pumped the brakes in October 2024, there was little surprise that the rollout would take longer than first hoped.

“I think there was a growing concern about just how they were going to get everything done in the time required,” Canadian Gaming Association President and CEO Paul Burns told Canadian Gaming Business at that time. “The government is evaluating its timelines and making sure they can meet all of the objectives they’re setting out for themselves, and they’re giving themselves a few more months to be able to do the work.”

Close enough to a year and a half has passed since then, and the fruits of that work are becoming apparent. Bill 48, the iGaming Alberta Act, was enacted last spring. The regulator, Alberta Gaming, Liquor and Cannabis (AGLC), published its initial batch of guidelines for operator and supplier conduct in the market in January of this year, and several Ontario-licensed operators have confirmed that they have already applied for registration, thus allowing them to start signing up customers.

Still plenty of work to do for Alberta iGaming Corp.

While Alberta officials and operators believe late spring or early summer is on the cards, Keene, the AGLC VP of Gaming now serving in a temporary role as AiGC leader, outlined the work that still needs to be done.

He noted that a major C-suite recruitment drive is underway for the iGaming corporation, which will be Alberta’s equivalent of Ontario’s conduct-and-manage agency iGaming Ontario (iGO).

Like in Ontario, with the dual process of registering with the Alcohol and Gaming Commission of Ontario (AGCO) and contracting with iGO, Alberta operators who receive a license from AGLC will sign an operating agreement with AiGC in order to go live.

“There will be an operator agreement and subsequent policies that the operators will have to agree to,” Keene explained. “Once they do, they become an agent of the AiGC to conduct and manage iGaming within the province. We suspect in the coming weeks, we’ll be able to share a first cut of that operating agreement with operators to get some feedback.”

In the meantime, the AiGC is hunting for a Chief Compliance and Operations Officer, a Chief Information Officer, a Chief Financial Officer, and a Director of AML, among other roles. Keene listed some other things that still have to happen for the corporation: finding a location for headquarters, building a website and a brand, coordinating with stakeholders, and refining requirements.

Just last Friday, the AiGC and the Responsible Gambling Council announced that Alberta will mandate all operators to achieve the council’s RG Check accreditation, the same requirement that is separately in place in Ontario. Keene said that other responsible gambling-related updates will be coming down the pipeline, including more details on the centralized self-exclusion system the province intends to have in place.

“You will see in the coming weeks a more fulsome engagement calendar come out,” added Keene. “Because, from there, we need to obviously work and engage with industry on the policies that will guide all of our activity.”

In full flow by NFL and NHL season?

Taking that late Q2/early Q3 timeline at face value, the AiGC, AGLC, and Alberta operators would be able to fire up business and start taking sports bets and online casino wagers at the outset of the comparatively slow summer sports season.

Given the North American sporting calendar, the aim is to have the wheels greased and momentum behind the nascent market in time for the next NFL and NHL seasons starting in September and October.

Until then, the work continues for Keene and the Alberta iGaming Corporation.

“One of the biggest things I’ve heard from operators, and it’s so true, is that we need to do it right and with integrity,” added the AiGC’s interim leader. “I’m confident in AiGC and AGLC, immensely confident in our industry and our partners in business. We certainly won’t shirk any of our responsibilities.”

Super Group posts strong rest-of-Canada growth as it awaits Alberta

Betway and Jackpot City owner Super Group trumpeted its growth in Canada outside of Ontario in its latest earnings call on Tuesday as it waits for the curtain to rise and the green light to flash for entry into Alberta.

The multi-brand iGaming operator reported revenue of US$2.2bn (C$3.0bn) for the full 2025 year (up 22% from 2024) and US$578.3m (C$792.5m) for the fourth quarter of 2025. Adjusted EBITDA for the full year was 57% higher than it was in 2024, at US$559.5m (C$766.7m), and the company recorded a profit before tax of US$355.9m (C$487.7m).

Chief Executive Officer Neal Menashe credited the success to several things, including the completion of its exit from the U.S. online casino market. In July 2025, the company announced that it was pulling its Betway sportsbook and Spin casino brands out of the States, citing regulatory uncertainty and the fact that it felt its time and resources were better spent on markets where the brand had longer-term advantages and opportunities.

Canadian grey market presence serves Super Group well

One of those regions is Canada, particularly outside the regulated iGaming market of Ontario.

Super Group has five licensed brands in Ontario’s regulated market: Betway, Jackpot City, Spin, Royal Vegas and Ruby Fortune. It also has a longstanding grey-market presence across Canada, with particularly the first three of those skins having significant brand recognition in other provinces, where the government-run lottery corporations’ platforms are the only regulated online gaming offerings.

Industry data from H2 Gambling Capital suggests it is one of the biggest grey-market operators in Canada by estimated revenue share.

Super Group consistently posts stable rest-of-Canada growth and the latest numbers announced this week continue that trend. While its overall North American revenue in Q4 of 2025 grew 1% year over year, Canada ex-Ontario grew at 15%. Online casino revenue in Canada climbed 11% and its sports betting revenue ticked up 8%; excluding Ontario, those numbers were 14% and 30%, respectively.

Menashe said on a Feb. 24 earnings call that the Canadian growth was supported by strong customer retention and acquisition, coupled with improved product rollout.

“And Alberta continues to show solid growth,” he noted.

Super Group expects smooth transition in Alberta

Like many Ontario-licensed operators, Super Group is looking ahead eagerly to Alberta becoming just the second province to launch commercial regulated iGaming. Menashe said on Tuesday that the company expects the market to go live in Q2, so before the end of June.

“Alberta is now expected to regulate in Q2 2026,” he told investors and analysts. “We are ready. We’ve learned our lessons from Ontario in how to migrate the customers from our dot-com product to now Alberta. We’ve also enhanced our rest-of-Canada products and our Ontario products and all those features will come into the Alberta product.”

The CEO said last year that he expects Super Group brands’ Ontario positioning and Canadian presence to not only give it “first-mover” status in the regulated market, but to ultimately yield a continued “podium position” in the province. He later suggested that Super Group can continue growing at a double-digit rate in Alberta even once it is just one of numerous licensed operators in the market, as it is in its relatively flat-growth province of Ontario.

Avoid the marketing splurge

Alberta Gaming, Liquor and Cannabis (AGLC) made clear in its initial set of guidelines for the regulated market that it expects all license applicants to cease any unregulated activity in the province if they are to be approved to do business under the new regime.

But being well-established as a grey market operator has its advantages. Chief among them is visibility and brand recognition.

Menashe recalled that around the launch of regulated iGaming in Ontario in April 2022, there was a lot of what he called “heavy marketing activity” from market entrants. With the likes of Betway and Jackpot City hardly new names in Alberta, he’s hopeful of avoiding that kind of frantic expense.

“I’m not sure that all the competitors can keep spending as they have been spending,” he mused. “We think it will be a more rational, competitive environment. As you know, we’ve already got the revenue. We’re waiting to see. As soon as all the regs [regulations] come and we’re ready to go, we’ll go.”