Sports betting comes within reach for Alberta

The province of Alberta is working hard to build a commercial sports gambling sector. The “limited-operator model” has been proposed by Alberta legislators, according to reports. As a result, the regulated market would be limited to only two gambling providers.

alberta gambling

Alberta’s potential

The Edmonton Oilers and Calgary Flames are two of the most well-known NHL teams in Alberta. In addition, Alberta is Canada’s fourth-largest province, with two CFL organizations based there. The gambling sector in Alberta has a huge amount of potential, according to industry experts. However, if just two providers are approved, this could turn out to be a disastrous decision.

The Alberta Gaming, Liquor, and Cannabis Commission is in charge of locating dependable and appropriate operators. It’s possible that a Request for Proposal (RFP) from the Crown Agency will provide more details. However, an insider of the Crown Agency has stated that an RFP request will be submitted, but he or she cannot comment on the prospective model of the gambling industry.

The dubious limited operator model does not fit with the whole idea of Ontario trying to create an open and transparent market. Because of this, Ontario was able to draw the attention of a number of big operators. There is no competition in Alberta because the model excludes a number of significant competitors. In addition, it is also less interesting for the players of an online casino in Canada if there is no variety in the offer.

There is a strong belief among gaming experts that the lack of choice in providers may encourage users to play at the dozens of grey-market providers. The purpose of the regulation was to stop people from using grey market suppliers.

Playing alternatives in the present day

It was only after single bets were officially legalized in Alberta that the platform was made available to the province as a whole. Play Alberta is a secure and regulated platform where participants can place bets on a variety of sports.

Sport Select, a service provided by the Western Canadian Lottery Corporation, is the only other option currently available to participants. On November 1st, this portal went live and is now also accessible at a number of lottery venues.

Sports Handle, December 9, 2021, Matt Rybaltowski, “Alberta Regulators Close To Adopting Limited-Operator Model For Sports Betting Market”