Stake Canada has secured operator registration in Alberta, moving the company closer to launching its sportsbook and online casino in the province’s newly regulated commercial iGaming market.
Alberta Gaming, Liquor, and Cannabis registered the operator on September 24. Stake Canada operates as a Canadian subsidiary of Australian companies Stake Gaming and Easygo Group and was established to pursue opportunities in regulated Canadian markets.
The registration does not immediately allow Stake Canada to begin accepting wagers. The company still needs to complete the remaining licensing requirements and sign an operating agreement with the Alberta iGaming Corporation before launching.
Stake Canada General Manager Kris Abbott said the remaining stages could follow soon.
“We’re a registered operator as of today and we expect that licensing and an operating agreement are not too far behind,” Abbott said. “We’ve gone through the process and it’s been a good one.
“I have to commend the regulator in Alberta, from the government to the AGLC to the [Alberta iGaming Corporation]. They’ve done a great job putting the market together, and by all accounts it’s going well. We’re excited to join.”
Alberta Transition Deadline Approaches
Alberta opened its regulated iGaming market on July 13, creating a commercial framework in which approved private operators can offer online gambling under provincial oversight.
The market’s rules included a three-month transition period for certain operators that had previously served Alberta customers through the grey market. AGLC granted those extensions individually, with the transition deadline set for October 13.
Stake Canada applied for an extension in July while completing work on its platform and certification process. The company received the three-month period and has since progressed through the technical and regulatory work required for its planned Alberta entry.
“We applied for the transition extension back in July, when we were still waiting to finalize our platform and get certified,” Abbott said. “We got that three-month extension and we’ve been able to get everything done in the interim.
“That looming deadline is only a few weeks away, but we believe we should be in good shape to meet that. It’s a robust application process, and we’ve had a good time working with the AGLC and the AIGC. Our team’s been able to meet these deadlines, and it’s looking like it should be a good story for us.”
Stake Canada would join a growing group of regulated operators if it completes the remaining steps. More than 30 licensed iGaming sites are already operating in Alberta.
Other brands that previously served the province through the grey market are also expected to transition into the regulated system around the October deadline. Those include Bet99 and Super Group’s Betway.
Stake Expands Its Regulated-Market Presence
The Stake brand already has an international presence through Stake.com, a Curaçao-based platform owned by Easygo that currently offers online casino and sports betting to Canadian customers outside regulated provincial markets.
In recent years, the wider business has increased its focus on regulated jurisdictions. The Stake brand has entered markets including Denmark, Italy, and Mexico.
Stake Canada was created as a separate entity specifically for regulated Canadian expansion. Before Alberta introduced its commercial framework in July, Ontario represented the country’s only regulated provincial market open to private iGaming operators.
Ontario launched commercial iGaming in 2022. Stake Canada has yet to receive authorization to operate there, although the company continues to pursue entry into the province.
The company had initially considered using a third-party platform as a way to enter Ontario sooner. It subsequently changed its approach and concentrated on preparing its own technology for the market.
Ontario Application Remains Under Review
Stake Canada currently has an application before the Alcohol and Gaming Commission of Ontario. The Stake.ca website indicates that the brand is coming soon to both Ontario and Alberta, although it cannot currently accept customers in Ontario.
Abbott said development and certification work on the company’s own platform took longer than originally anticipated, contributing to delays in its Ontario plans.
“Ontario has been a bit of a stop-start process,” noted Abbott. “It took a bit longer to get a platform built and certified and everything that goes along with that, but that was all completed earlier this year,’ added Abbott. “So we’ve kind of been on pause in Ontario for a bit while we did that, and now our application is in front of the AGCO.
“We believe we’ve submitted everything that’s required, and we expect to hear back from them at some point soon. But we don’t have any indication on timelines in Ontario.”
Abbott previously led Canadian operations for gambling brands including Coolbet and Kaizen Gaming’s Betano.
For now, Alberta appears likely to become Stake Canada’s first regulated provincial market. The operator expects its sportsbook and casino to become available in the province in the coming weeks if it completes the outstanding licensing process and reaches an operating agreement with the Alberta iGaming Corporation.
Source:
Stake Canada secures Alberta iGaming registration, canadiangamingbusiness.com, September 24, 2026