When Ontario started issuing licenses to online casinos, betting sites, and casino software suppliers, it was evident that the new market would be the next destination for many gambling brands. The market is not officially opened, but several operators and iGaming software suppliers have already received their licenses from the Alcohol and Gaming Commission of Ontario (AGCO). The latest recipients of the AGCO license include Rush Street Interactive, Play'n GO, and LeoVegas AB.
Market leaders in sports betting and online casinos, Rush Street Interactive, announced that it had got proper licensing from AGCO and was ready to take the Ontario online gambling scene by storm. The firm's CEO Rickard Schwartz said the move to this new market is a milestone for the company. He also affirmed RSI's commitment to offering gambling services in regulated markets where the company pays taxes to the local authorities.
Players from the Canadian province will be able to wager on sports betting markets and their favorite casino games on BetRiver.ca. This platform will have unique betting options and plenty of the latest new online casino games. Bet River will also offer fast payouts and excellent customer support. Players can expect the same thrill and experience that RushBet.co and PlaySugarHouse.com, and other RSI platforms, offer.
Swedish casino software developers Play'n GO are also on the list of the recently licensed companies by the AGCO. The company recently confirmed that it had acquired Ontario's supplier's license, so it will be fully available for partnership with local operators once the market is officially opened. Play'n GO is a household name known for its high-quality slots, including Book of Dead, a big jackpot slot, and Reactoonz, a favorite among high rollers.
The company's Chief Commercial Officer, Magnus Olsson, also touched on regulated markets and reiterated the importance of regulated iGaming markets. The entry to Ontario's market is part of the bigger Play 'n GO's 'North American entry strategy.' The company also has plans to soon venture into select jurisdictions in the US.
Swedish-based LeoVegas AB has not been left behind. The company also announced that AGCO fully licensed it to offer its services to the Ontario market. The company is known for its innovative mobile casino games, online casino games, and sportsbooks. Interestingly, it is the third most popular online casino brand in the Canadian market. The company further stated that it would be offering its services under RoyalPanda and LeoVegas-branded domains.
The Ontario market is not new to LeoVegas as it is currently the source of 13% of its total revenues. Now that this is a newly regulated market, LeoVegas is expected to expand its presence further to maintain its market share in the Canadian province.
There was an operator standstill until April 4, when the regulated market would open. AGCO has warned operators who are still running operations that they risk being denied registration if they don't cease operations.