Alberta opens iGaming market and redefines payments and tech in 2026
Province licensed private operators and banned crypto for local payments in October 2026.

Key Takeaways
- Alberta authorised private iGaming suppliers to operate legally in the province in early October 2026, ending the provincial monopoly.
- DraftKings, Bet365 and BetMGM are among the operators granted licences to enter Alberta.
- Permitted payment methods include bank transfers, e-wallets and prepaid vouchers; Bitcoin and Ethereum are banned for local transactions.
- The change aims to reduce player migration to offshore sites and improve traceability and regulatory oversight of payments.
Alberta authorised private iGaming suppliers to operate legally in the province in early October 2026, ending the state monopoly that had dominated the market until 2026. The move grants licences to external operators and sets explicit rules on game administration and payment routing to protect local players.
What changed in Alberta’s market
Until 2026, Alberta allowed a single legal channel for online gambling: a website directly owned by the provincial government. A few months ago the province enacted a package of new rules that allows multiple external suppliers to obtain licences to offer services to local residents. The change responds to player demand for a more diverse offer, which previously pushed many residents to offshore sites.
Licensed operators and technology
Among the operators granted licences are major industry names: DraftKings, Bet365 and BetMGM. These companies bring advanced technology platforms that provincial regulators could not easily replicate under a government monopoly model. Licensed suppliers will bring their own software solutions and operational expertise to the market while accepting Alberta’s regulatory conditions.
Specific rules on payments
Alberta’s new rules limit the deposit and withdrawal methods authorised for licensed operators. Permitted methods include bank transfers, e-wallets and prepaid vouchers. The province made an explicit decision not to allow cryptocurrencies such as Bitcoin or Ethereum, citing these currencies’ potential to conceal user identity and facilitate criminal activity. Even global brands that accept crypto in other markets must disable those methods for local players.
The government designed these restrictions so both deposits and withdrawals can be traced and audited in compliance with provincial law.
Compliance and monitoring
The licensing model is presented as a more effective alternative to direct control from a monopoly for policing the market. Companies applying for licences are motivated to comply with the rules and to collaborate in monitoring and reporting suspicious activity. Before the opening, a significant share of Alberta traffic was directed to offshore operators with no obligation to follow Canadian laws; the entry of licensed operators aims to reduce that flow.
The collaborative approach does not guarantee the total elimination of abuse, but it establishes mechanisms that make it harder to siphon funds from players and that facilitate regulatory action when breaches occur.
“Liberalisation responds to player demand and allows more precise controls over how games are run and payments are routed,” a sector spokesperson said during the announcement.
What remains to be seen
The practical implementation of the payment rules and the extent to which foreign operators will adapt their platforms to meet provincial restrictions will be decisive in the coming months. The named companies — DraftKings, Bet365 and BetMGM — have already confirmed their intention to operate under the new conditions to enter Alberta’s market.
Canada’s iGaming sector will continue to evolve at the provincial level because each province sets its own rules without requiring federal approval. Regulatory portals such as regulation and payment solutions listed in payments will be key places to follow market developments.
Frequently Asked Questions
When did Alberta change its iGaming rules?
Alberta enacted the new rules in early October 2026, switching from a single government-owned online channel to a licence model for external suppliers.
Which operators obtained licences for Alberta?
Licensed operators include DraftKings, Bet365 and BetMGM, which were authorised to offer their platforms in the province under Alberta’s regulatory conditions.
What payment methods are allowed in the new market?
Allowed methods are bank transfers, e-wallets and prepaid vouchers; the province explicitly prohibits cryptocurrencies such as Bitcoin and Ethereum for local player transactions.
Why did Alberta ban cryptocurrencies?
Alberta cited cryptocurrencies’ capacity to conceal the identity behind a transaction and to facilitate criminal activity, so operators must disable crypto options for local players.
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About the author

Isabela Fuentes
Payments Correspondent
Isabela Fuentes covers payments and fintech in the gambling industry — processor and PSP deals, payment-method launches, crypto rails, and the compliance shifts that decide what players can pay with at the cashier. She opens with the deal or launch, names the companies and methods precisely, and translates the jargon into what operators and players gain or lose. From PIX and open banking to stablecoin settlement, Isabela Fuentes follows the money moving the sector.
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