Stake to launch in Alberta on 11 October, its first Canadian market
Co-founder Ed Craven named the date on X. The brand has its Alberta licence and, according to information available to Croupier, is waiting for approval in Ontario.
In brief
- What happened
- Stake will launch in Alberta on 11 October, co-founder Ed Craven wrote on X, after the operator secured its licence from the province's regulator.
- Why it matters
- Alberta is Stake's first regulated market in Canada, and the brand adds it to a list that already runs from Denmark and Italy to Brazil and Mexico.
- Who it affects
- Online players and rival operators in Alberta. According to information available to Croupier, Ontario is next: Stake is waiting for the regulator's approval there.
Stake goes live in Alberta on 11 October. Co-founder Ed Craven named the date on X on 6 October, after the operator secured its licence from the Alberta Gaming, Liquor and Cannabis Commission (AGLC).
Canada, Craven wrote, "joins Stake's growing portfolio of regulated markets around the world".
Ontario is next. According to information available to Croupier, Stake will also launch there in the near future and is now waiting for the regulator's approval.
The details
- The start in Alberta is subject to an operating agreement between Stake Canada, the local unit, and the Alberta iGaming Corporation.
- "We are not here to blend in. We are here to raise the bar," said Kris Abbott, country manager at Stake Canada.
- Board member Birgitte Sand said the unit's approach to regulated markets rests on "preparation, accountability and a long-term commitment to compliance".
Where Stake operates
Craven's list of regulated markets: Denmark, Italy, Brazil, Mexico, Argentina, Colombia and Peru. He also names Curaçao.
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