Most recently, Playgon announced its intention to join Ontario’s competitive iGaming and sports betting market for private operators. 우리카지노탑 The provider has formally filed an application with the Ontario Alcohol and Game Commission to become a licensed gaming-related provider. Once approved, the company can provide digital content to other licensed organizations in the region.
Canada’s federal government introduced single event betting as the country’s legal option in the summer of 2021. This played a major role in Ontario’s online betting market opening. On April 4, 2022, the state became the first state in the country to have a regulatory framework for private operators providing new verticals.
Playgon is a proprietary SaaS technology company known for distributing VegasLounge, the first mobile live dealer technology, to other operators around the world. This week, the company announced that it has applied for a gaming-related supplier – manufacturing license with Ontario’s Alcohol and Gaming Board, a regulator in the local market.
If the provider receives regulatory approval from AGCO, it will be able to legally offer live dealer products from state-of-the-art studios in Las Vegas, Nevada to other authorized agencies. Ontario’s iCasino and online sports betting markets are valued at US$2 billion in 2022, according to H2 Gambling Capital. It is also believed that jurisdiction will turn into one of the largest iGaming sectors in North America.
Darcy Crock, CEO and director of Playgon Games, described the province as a major regulatory market that the company wants to operate. He said the provider decided to proceed with the application as interest in the market increased. Now the company is expecting a response and potentially can work with AGCO.
If you obtain these game provider licenses, you will join several domestic game brands, with a total of 21 companies operating in this field as of last Thursday, and content providers include Bragg Gaming, Kambi Group, Relax Gaming, and Light and Wonder.
In early April, FanDuel also announced its entry into the market. The sports betting giant has now debuted under Ontario’s regulatory regime. Gambling leader FanDuel’s sportsbook and casino apps are now available in the province. Local bets can take advantage of the same gameplay™ betting (SGP), Odds Boosts, Data Visual, Streaming options, and more.
Most recently, Mohigan Gaming & Entertainment’s Fallsview Casino Resort also announced it will enter the online sports betting market, a move that is possible after MGE announced it has partnered with Kambi Group, and MGE’s Play Fallsview Sportsbook will be activated with Kambi Group’s sports betting technology. The provider has been living in the market since the day it opened, and now has a new partner.