• bitcoinBitcoin (BTC) $ 81,018.00
  • ethereumEthereum (ETH) $ 2,318.55
  • tetherTether (USDT) $ 0.999857
  • xrpXRP (XRP) $ 1.41
  • bnbBNB (BNB) $ 643.01
  • usd-coinUSDC (USDC) $ 0.999802
  • solanaSolana (SOL) $ 87.98
  • tronTRON (TRX) $ 0.345391
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.02
  • dogecoinDogecoin (DOGE) $ 0.110488
  • whitebitWhiteBIT Coin (WBT) $ 59.16
  • usdsUSDS (USDS) $ 0.999804
  • hyperliquidHyperliquid (HYPE) $ 42.57
  • cardanoCardano (ADA) $ 0.264173
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • leo-tokenLEO Token (LEO) $ 10.34
  • bitcoin-cashBitcoin Cash (BCH) $ 463.85
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • zcashZcash (ZEC) $ 542.88
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • moneroMonero (XMR) $ 406.55
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • chainlinkChainlink (LINK) $ 9.88
  • the-open-networkToncoin (TON) $ 2.66
  • canton-networkCanton (CC) $ 0.147474
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • stellarStellar (XLM) $ 0.160178
  • memecoreMemeCore (M) $ 3.71
  • usd1-wlfiUSD1 (USD1) $ 0.999234
  • susdssUSDS (SUSDS) $ 1.08
  • daiDai (DAI) $ 0.999415
  • litecoinLitecoin (LTC) $ 56.34
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • avalanche-2Avalanche (AVAX) $ 9.48
  • ethena-usdeEthena USDe (USDE) $ 0.999267
  • hedera-hashgraphHedera (HBAR) $ 0.090174
  • wethWETH (WETH) $ 2,268.37
  • suiSui (SUI) $ 0.967190
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • paypal-usdPayPal USD (PYUSD) $ 0.999855
  • usdt0USDT0 (USDT0) $ 0.998824
  • rainRain (RAIN) $ 0.007125
  • crypto-com-chainCronos (CRO) $ 0.070100
  • hashnote-usycCircle USYC (USYC) $ 1.12
  • bittensorBittensor (TAO) $ 304.76
  • tether-goldTether Gold (XAUT) $ 4,691.56
  • global-dollarGlobal Dollar (USDG) $ 0.999870
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • pax-goldPAX Gold (PAXG) $ 4,692.66
  • polkadotPolkadot (DOT) $ 1.29
  • mantleMantle (MNT) $ 0.656075
  • uniswapUniswap (UNI) $ 3.42
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.067082
  • nearNEAR Protocol (NEAR) $ 1.48
  • pi-networkPi Network (PI) $ 0.176775
  • skySky (SKY) $ 0.079520
  • okbOKB (OKB) $ 86.11
  • falcon-financeFalcon USD (USDF) $ 0.998294
  • little-pepe-5Little Pepe (LILPEPE) $ 2.16
  • htx-daoHTX DAO (HTX) $ 0.000002
  • aster-2Aster (ASTER) $ 0.669749
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • pepePepe (PEPE) $ 0.000004
  • internet-computerInternet Computer (ICP) $ 2.95
  • ripple-usdRipple USD (RLUSD) $ 0.999948
  • ondo-financeOndo (ONDO) $ 0.318159
  • bitget-tokenBitget Token (BGB) $ 2.16
  • usddUSDD (USDD) $ 0.999816
  • ethereum-classicEthereum Classic (ETC) $ 9.25
  • aaveAave (AAVE) $ 92.74
  • morphoMorpho (MORPHO) $ 2.20
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.13
  • bfusdBFUSD (BFUSD) $ 0.999199
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
  • kucoin-sharesKuCoin (KCS) $ 8.38
  • algorandAlgorand (ALGO) $ 0.120486
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.098591
  • ethenaEthena (ENA) $ 0.116000
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.07
  • united-stablesUnited Stables (U) $ 0.999309
  • quant-networkQuant (QNT) $ 70.07
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • kaspaKaspa (KAS) $ 0.036325
  • render-tokenRender (RENDER) $ 1.91
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.24
  • blockchain-capitalBlockchain Capital (BCAP) $ 105.77
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • cosmosCosmos Hub (ATOM) $ 1.88
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • nexoNEXO (NEXO) $ 0.899435
  • worldcoin-wldWorldcoin (WLD) $ 0.249586
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • gatechain-tokenGate (GT) $ 7.33
  • filecoinFilecoin (FIL) $ 1.06
  • wbnbWrapped BNB (WBNB) $ 759.61
  • aptosAptos (APT) $ 1.00
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • arbitrumArbitrum (ARB) $ 0.123298
  • skyaiSkyAI (SKYAI) $ 0.753545
  • stable-2​​Stable (STABLE) $ 0.033201
  • justJUST (JST) $ 0.086345
  • pump-funPump.fun (PUMP) $ 0.001906
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • flare-networksFlare (FLR) $ 0.007810
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010354
  • vechainVeChain (VET) $ 0.007565
  • binance-staked-solBinance Staked SOL (BNSOL) $ 108.24
  • jupiter-exchange-solanaJupiter (JUP) $ 0.195066
  • dashDash (DASH) $ 50.85
  • usdtbUSDtb (USDTB) $ 1.00
  • beldexBeldex (BDX) $ 0.079871
  • ousgOUSG (OUSG) $ 115.16
  • hash-2Provenance Blockchain (HASH) $ 0.011421
  • new-x-ceo-is-backNEW X CEO IS BACK (XFLOKI) $ 0.506041
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
  • siren-2Siren (SIREN) $ 0.819765
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 76,461.00
  • bonkBonk (BONK) $ 0.000007
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 76,491.00
  • ghoGHO (GHO) $ 0.999672
  • xdce-crowd-saleXDC Network (XDC) $ 0.029210
  • venice-tokenVenice Token (VVV) $ 12.30
  • clbtcclBTC (CLBTC) $ 76,920.00
  • usual-usdUsual USD (USD0) $ 0.998280
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.846811
  • megausdMegaUSD (USDM) $ 0.999953
  • official-trumpOfficial Trump (TRUMP) $ 2.33
  • dexeDeXe (DEXE) $ 11.55
  • yldsYLDS (YLDS) $ 0.999823
  • midnight-3Midnight (NIGHT) $ 0.031862
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,419.84
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.55
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 33.97
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.220767
  • tbtctBTC (TBTC) $ 70,942.00
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000090
  • wrappedm-by-m0WrappedM by M0 (WM) $ 1.00
  • true-usdTrueUSD (TUSD) $ 0.997950
  • a7a5A7A5 (A7A5) $ 0.012421
  • edgexedgeX (EDGE) $ 1.40
  • blockstackStacks (STX) $ 0.257097
  • euro-coinEURC (EURC) $ 1.18
  • chilizChiliz (CHZ) $ 0.042095
  • c8ntinuumc8ntinuum (CTM) $ 0.087592
  • aerodrome-financeAerodrome Finance (AERO) $ 0.451990
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,455.82
  • tezosTezos (XTZ) $ 0.377576
  • adi-tokenADI (ADI) $ 3.93
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999983
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998745
  • sei-networkSei (SEI) $ 0.059989
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • cocaCOCA (COCA) $ 1.30
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • spx6900SPX6900 (SPX) $ 0.417210
  • sun-tokenSun Token (SUN) $ 0.020055
  • doge-strategyDoge Strategy (DOGESTR) $ 0.288297
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,406.26
  • injective-protocolInjective (INJ) $ 3.82
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
  • usxUSX (USX) $ 0.999625
  • monadMonad (MON) $ 0.031657
  • humanityHumanity (H) $ 0.201886
  • curve-dao-tokenCurve DAO (CRV) $ 0.242406
  • wrapped-flareWrapped Flare (WFLR) $ 0.009961
  • layerzeroLayerZero (ZRO) $ 1.45
  • kinesis-goldKinesis Gold (KAU) $ 151.03
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
  • ether-fiEther.fi (ETHFI) $ 0.424798
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • bianrensheng币安人生 (BinanceLife) (币安人生) $ 0.354594
  • usdgoUSDGO (USDGO) $ 1.00
  • decredDecred (DCR) $ 20.12
  • gnosisGnosis (GNO) $ 132.23
  • labLAB (LAB) $ 4.57
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.59
  • unibaseUnibase (UB) $ 0.139179
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
  • celestiaCelestia (TIA) $ 0.376490
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,421.84
  • pendlePendle (PENDLE) $ 1.96
  • conflux-tokenConflux (CFX) $ 0.063125
  • noonNoon (NOON) $ 0.751949
  • sbtc-2sBTC (SBTC) $ 77,039.00
  • zebec-networkZebec Network (ZBCN) $ 0.003339
  • hastra-primePRIME (PRIME) $ 1.04
  • bitcoin-svBitcoin SV (BSV) $ 16.17
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 115.56
  • lido-daoLido DAO (LDO) $ 0.380985
  • savings-usddSavings USDD (SUSDD) $ 1.03
  • doublezeroDoubleZero (2Z) $ 0.093126
  • bittorrentBitTorrent (BTT) $ 0.00000033
  • apxusdapxUSD (APXUSD) $ 0.999904
  • msolMarinade Staked SOL (MSOL) $ 133.18
  • apenftAINFT (NFT) $ 0.00000032
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06

Crypto-Native Operators Lead Canada’s Offshore iGaming Surge as World Cup Approaches

0 1

Crypto-Native Operators Lead Canada's Offshore iGaming Surge as World Cup Approaches

Crypto-native operators Stake and Roobet lead Canada’s online gambling market five weeks before the country co-hosts the FIFA World Cup, with offshore platforms continuing to dominate every province except Ontario. According to the 2025 USA and Canada iGaming Landscape Report from market analytics firm Blask, the top five Canadian operators capture more than 60% of the country’s competitive earning baseline.

  • Key Takeaways:
  • Stake and Roobet lead Canada’s offshore iGaming market, where top operators capture 60% of CEB
  • Saskatchewan offshore share hits 93% with Alberta and Manitoba at 88%, per Blask 2025 report
  • Alberta opens regulated market July 13, five weeks after FIFA World Cup kickoff on June 11

Provincial Patchwork Leaves Offshore Operators Dominant Outside Ontario

The primary operators are unlicensed offshore brands led by Stake and Roobet. The pattern holds despite Canada having reached an estimated $9.5 billion in 2025 online gambling activity.

The provincial breakdown shows that these operators’ dominance varies sharply by jurisdiction in Canada: Saskatchewan operates with 93% offshore market share, while Alberta and Manitoba both sit at 88%. These provinces use monopoly models in which government-operated platforms compete against unlicensed international brands without the product depth or interface flexibility of competitive markets.

David Henwood, Director at H2 Gambling Capital, described the structural mechanism in a 2024 study: “There is much conjecture that one of the main reasons customers use offshore betting sites is because they offer a broader range of product than available onshore. The study findings reinforce that point of view. Limiting the choice of onshore bet types — including live in-play — is basically counter-productive.”

Ontario stands as the counter-example. Since launching its open competitive market in April 2022, the province has reached 85% regulated channelization, though controversies remain about its implementation regarding advertising rules. Alberta’s transition toward an Ontario-style competitive market begins on July 13. The launch date falls five weeks after the FIFA World Cup begins June 11 in Mexico City, with Canada playing its first match June 12 against Bosnia and Herzegovina at BMO Field in Toronto. By tournament kickoff, Alberta’s regulated competitive market will not yet be operational, leaving the province’s 88% offshore leakage intact through the group stage and into the quarter-finals.

Outside Ontario and the eventual Alberta launch, every other Canadian province operates under a lottery-corporation monopoly model with no near-term path to competitive licensing. PlayNow handles British Columbia and Manitoba, Mise-o-jeu operates in Quebec, and PlayNow Saskatchewan operates under SIGA authority through a partnership with BCLC. None of these monopoly platforms has signalled imminent transition to competitive licensing, leaving offshore operators positioned as the dominant access channel through the World Cup window.

The federal vacuum remains intact: Canada has no national gambling regulator, no national licensing framework, and Bill S-211, the National Framework on Sports Betting Advertising Act, has passed the Senate but not the House of Commons, with no overarching solution expected by the time the World Cup—co-hosted by The Great White North—begins in the summer.

Source

Leave A Reply

Your email address will not be published.