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North American markets report Alberta’s C$122m opening-quarter iGaming revenue

Regulation2 min read

In brief

  • Alberta took C$2.89bn in wagers in its first 80 days; Ontario took C$4.08bn in its first 88 days.
  • Opening-quarter iGaming revenue was C$122m in Alberta and C$162m in Ontario.
  • Win margins were 4.2% in Alberta and 4.0% in Ontario respectively.

Alberta's regulated market opened on 13 July 2026 and took C$2.89 billion in total wagers across all categories in its first three months (80 days). Ontario took C$4.08 billion over its first three months (88 days), counted from April 2022.

Kentucky's sports wagers slipped by 1 per cent in September, reaching $293.8 million. In September, Missouri's sports wagers totalled $325.2 million. West Virginia's combined wagering rose by 21 per cent in September, reaching $962.6 million. Combined wagering in Rhode Island grew by 3 per cent in September to $169.0 million. North Carolina's sports wagers reached $718.2 million in September, a 5 per cent increase.

Among land-based results, gaming revenue at Colorado's 33 casinos rose by 8% to $97.5m in September. Arkansas' land-based casinos recorded an 8% rise in gaming revenue to $63.4m. Gaming revenue at Ohio's four land-based casinos increased by 13% to $87.7m.

For the third quarter, DraftKings reported a 16% increase in revenue to $1,329m. Flutter Entertainment increased revenue by 2% to $3.87bn. PENN Entertainment reported a 7% rise in revenue to $1.84bn. Wynn Resorts reported an 8% fall in revenue to $1.69bn. Sportradar reported a 24% increase in revenue to €362.5m. Inspired Entertainment recorded a 29% drop in revenue to $61.4m.

Dan Flynn takes over as chief executive of Scientific Games from Pat McHugh, who retired in September. Morten Tonnesen has been named interim chief executive officer at Bragg Gaming Group, replacing Matevž Mazij. Tim Griffin, the Arkansas Attorney General, has sued Kalshi and VGW in separate lawsuits over illegal gambling. Kalshi announced a Series G round of $1 billion, valuing the platform at $40 billion.

Related company prices

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

PENN Entertainment NASDAQ: PENN

Quarter ended 30 September 2026

Revenue
USD 1.84bn
Operating income
USD 127.3m10-Q filing 0000921738-26-000028

Wynn Resorts NASDAQ: WYNN

Quarter ended 30 September 2026

Revenue
USD 1.69bn
Operating income
USD 178.2m10-Q filing 0001174922-26-000079

Sportradar NASDAQ: SRAD

Quarter ended 30 September 2026

Revenue
EUR 362.5m

Inspired Entertainment NASDAQ: INSE

Quarter ended 30 September 2026

Revenue
USD 61.4m10-Q filing 0001493152-26-050235
Operating income
USD 10.3m10-Q filing 0001493152-26-050235

Bragg Gaming NASDAQ: BRAG

Quarter ended 30 June 2026

Revenue
EUR 22.9m

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Regulation

Alberta iGaming Corporation reports CA$122.1m revenue in first three months

Alberta iGaming Corporation reported CA$122.1 million in non-adjusted gross gaming revenue from 13 July to 30 September, according to its market performance report. The total comprised CA$22.2 million in July, CA$43.3 million in August and CA$56.6 million in September; the report recorded CA$2.89 billion in handle and 24 licensed operators by the end of September.

Alberta's regulated iGaming market generated CA$122.1m in non-adjusted gross gaming revenue in its first three months of operation, according to a market performance report from Alberta iGaming Corporation (AiGC). The report covers the period from 13 July, when the market opened, to 30 September.

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