Betty Canada Q3 net revenue rises 23% to US$111m after Alberta launch

Betty Canada reported a 23% increase in quarterly net revenue across its Ontario and Alberta online gambling operations in Q3 2026, covering July 1 through Sept. 30. According to CEO Chavdar Dimitrov, quarterly net revenue across the two provinces reached US$111m, up 23% from Q2 2026. Ontario accounted for approximately $101m, up $11m from Q2, while Alberta generated nearly $10m in new revenue after its launch. Dimitrov said the company had more than 214,000 active players across the Ontario and Alberta regulated iGaming markets in September, a 28% increase from June.

Preliminary data from gaming providers suggests Betty Canada has captured the top spot in slots market share in Alberta since launching on July 13, the day the province’s market opened. In Ontario, advertising spend was reduced by 12% to $15m compared with Q2, while new depositors from organic acquisition grew by 19%. Overall new depositors in Ontario increased 6% to 56,702 during the quarter. Alberta recorded 42,831 new depositors during Q3, including more than 10,000 sign-ups from the company’s pre-launch campaigns, and advertising spend in Alberta reached $14.1m from July to September.

Net revenue per active player in Alberta went from $126 in August, its first full month of operations, to $149 in September. The company reported retained players growing from 48% of its Alberta base in August to 62% in September, compared with 90% in Ontario. Alberta accounted for 12% of Betty Canada’s total revenue in September, with the company projecting that share will rise to 27% by December 2027.

The first Betty Originals slot game, Vault Wreckers, launched in Ontario on Aug. 31 and Alberta on Sept. 17. It attracted 50,841 active players in its first seven days, averaging 307 rounds per player and generating 15.6 million rounds in total. Betty Canada reported its strongest quarter for bingo since launch, with net gaming revenue reaching $911,000 in Q3, up 78% from Q2, including a record $394,000 in September. Combined with Mini Slots, the bingo segment generated $1.3 million in quarterly NGR. Bingo attracted 71,000 players in September, representing 39% of Betty’s monthly active players in Ontario.