Online gambling brings in roughly $56M for Alberta since July launch
Summary
Since the launch of legal gaming sites in July, Alberta's online gambling market has generated roughly $56.6 million in non-adjusted gross revenue. According to the Alberta iGaming Corporation (AIGC), player accounts grew from 270,000 to approximately 389,000 by the end of September, with online casinos accounting for 75% of the total revenue.
To mitigate risks observed in other provinces like Ontario, AIGC implemented a self-exclusion program from the start, allowing players to restrict their own access to gambling platforms. The corporation is also focusing on operator accountability and responsible gaming education to address potential public health concerns.
Revenue generated from the market stays within the province to fund various programs, with specific allocations for social responsibility and supporting First Nations.
(Source:Google News)