Stake Secures Alberta Approval, Targets October 12 Launch

Stake is preparing to enter Alberta's regulated iGaming market after Stake Canada secured approval from Alberta Gaming, Liquor and Cannabis.

The company is listed in the AGLC public register as an iGaming operator, with its registration expiring on September 24, 2027.

Stake plans to launch a regulated sportsbook and online casino in the province on October 12. The planned offering will not initially include poker or daily fantasy sports.

The launch remains conditional on Stake signing an operating agreement with the Alberta iGaming Corporation, which manages commercial relationships with private operators in the provincial market.

Stake Targets Launch One Day Before Transition Deadline

The October 12 target places Stake's planned launch one day before Alberta's October 13 transition deadline for certain operators moving from the previously unregulated market into the new licensing system.

Alberta opened its competitive regulated iGaming market on July 13, 2026.

Operators that could demonstrate a path toward regulatory compliance were able to receive case-by-case extensions of up to three months, giving them additional time to complete registration, certification and commercial requirements.

Stake Canada received its AGLC operator registration on September 24 and subsequently completed further regulatory approval ahead of the October deadline.

Registration with AGLC alone does not allow an operator to begin accepting wagers. Companies must also enter into an operating agreement with AiGC before commercially launching.

Stake Plans Sportsbook and Online Casino

Stake intends to offer both sports betting and online casino products to Alberta customers.

The company's Alberta operation will be run through Stake Canada Ltd., a Canadian entity created as the group expands into locally regulated markets.

The operator said its provincial platform will include responsible gambling and player protection measures designed to comply with AGLC requirements.

Stake also plans to use the market for sports, entertainment and partnership initiatives, continuing a marketing strategy that has previously included athletes, creators and major sports properties.

The company has expanded its locally regulated footprint in recent years across markets including Italy, Denmark, Mexico, Colombia, Peru and Argentina.

Alberta Becomes Stake's First Regulated Canadian Market

A successful October launch would give Stake its first live locally regulated operation in Canada.

The brand has historically served Canadian users through its international platform, while pursuing local regulatory approval in individual provinces.

Stake Canada also has an application pending in Ontario, but no launch timetable has been confirmed for that market.

Alberta became Canada's second province to establish a competitive private-sector iGaming model after Ontario.

The structure separates regulatory and commercial responsibilities. AGLC handles operator registration and market supervision, while AiGC conducts and manages the provincial iGaming scheme and signs agreements with participating companies.

Stake's entry adds another internationally established sportsbook and casino brand to a market that opened with 22 live sites in July and has continued to add operators during its first three months.

If the remaining AiGC agreement is completed as planned, Stake expects to begin regulated operations on October 12.