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Home » Betty Canada Q3 net revenue hits record $111m

Betty Canada Q3 net revenue hits record $111m

Marta Sander by Marta Sander
October 29, 2026
in Financial Report
Reading Time: 3 mins read
Betty Canada Q3 2026 record net revenue of $111m, Ontario and Alberta, graphic

Image: The iGaming Europe

Betty Canada Q3 2026 net revenue reached a record $111m, up 23% on the second quarter, according to Betty’s Q3 2026 update. Alberta, where the slots-focused operator went live on 13 July, contributed nearly $10m.

The quarter made Betty a two-province operator. More than 214,000 players placed a real-money bet on Betty.ca in September, 28% more than in June, the company said.

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Betty Canada in Ontario

Ontario net revenue rose 11% quarter on quarter to $101m and was 71% higher than in Q3 2025, according to the update. Betty said its share of the province’s casino market passed 20% in the market performance report of iGaming Ontario (iGO).

Monthly active players in Ontario grew from a Q2 peak of 167,000 to 182,000 in September. Net revenue per active player reached $193 in July and $195 in August, then eased to $183 in September.

Betty cut Ontario advertising spend by 12% to $15m in the quarter. New depositors still rose 6% to 56,702, as organic sign-ups grew 19% and took 59% of the total, up from 53%. Blended acquisition cost per depositor fell by almost $40 to $313.

The Alberta launch

Alberta opened its regulated online market on 13 July, with 28 operators registered for launch. Betty went live on day one on web, iOS and Android with more than 3,000 games.

The operator recorded 42,831 new depositors in Alberta in Q3, including more than 10,000 who signed up during a pre-launch giveaway. Acquisition spend reached $14.1m from July to September, with cost per depositor between $335 and $384 a month.

Active players in the province peaked at 31,600 in September, when Alberta generated $4.7m in net revenue and 12% of Betty Canada’s total. Net revenue per active player rose from $126 in August to $149 in September. No official market data has been published yet; Betty said early figures from game providers put it first in Alberta slots.

In-house games

Betty launched its own remote gaming server and its first in-house slot, Vault Wreckers, in Ontario on 31 August and in Alberta on 17 September. The game drew 50,841 active players in its first seven days.

Bingo net revenue in Ontario rose 78% to $911,000 in Q3, and 71,000 players, 39% of Ontario’s monthly actives, played bingo in September.

Next steps

Betty will add its Prize Wall, Game Challenge and Collections features in Alberta in the fourth quarter. The company expects the province’s share of Betty Canada revenue to rise from 12% to 27% by December 2027. Full market rankings are in our Canada online gambling traffic rankings and the North America news archive.

Source: Betty

Tags: North America
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Marta Sander

Marta Sander

Marta Sander has reported on sports betting technology in European markets for more than 10 years. Her beat runs from Sportsbook platforms and in-play betting to odds feeds, betting APIs, risk management, trading tools and data partnerships. She checks every figure against its primary source and states its period.

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