Alberta is on the verge of a significant shift in its online gambling landscape as the iGaming Alberta Act (Bill 48) nears final approval. The provincial legislature passed the bill’s third reading, leaving only Royal Assent before it becomes law.
Bill 48 aims to establish a regulated market for online gambling, introducing private-sector competition to the province. Currently, Play Alberta is the sole government-regulated platform, but it captures less than half of the market share.
The new legislation seeks to provide a legal framework for private operators to offer services like online casino games and online slot games, under the oversight of the Alberta iGaming Corporation.
What are the Other Roles of the Alberta iGaming Corporation?
The Alberta iGaming Corporation, a new Crown entity established by the act, will manage contracts with private operators. The Alberta Gaming, Liquor and Cannabis Commission (AGLC) will continue to regulate the market, ensuring compliance and integrity.
The move is inspired by Ontario’s model, which has successfully integrated private operators into its online gambling market. Alberta’s government anticipates that this approach will not only enhance consumer protection but also redirect revenue from offshore platforms back into the province.
While the exact launch date for Alberta’s competitive iGaming market remains unspecified, officials suggest it could roll out later this year or early next year. As the province finalizes regulations and establishes the necessary infrastructure, Albertans can expect a more diverse and secure online gambling environment in the near future.
Online Casino Operators Gearing Up
Online casino operators are preparing rapidly for Alberta’s iGaming Act, anticipating new opportunities in a competitive, regulated market. Many companies are refining their platforms, enhancing user experiences, and securing licensing partnerships.
Moreover, operators aim to launch innovative online casino games and online slot games tailored for Alberta players. As the act nears final approval, industry leaders remain optimistic about entering one of Canada’s most promising new markets
Last Updated on by jonathan r
