The approval will see the live dealer provider set to make its portfolio of titles available for operators who have launched in the province. BetGames has experienced most success with its suite of live broadcast lotto-like games and games shows such as Lucky 7, Lucky 5 and the Entain exclusive Starzle.
The supplier is the latest entrant into the rapidly growing Ontario regulated market, which grew 64.8% from $CA162m (£104.1m/ €120m/ $118.1m) in Q1 to $CA267m in Q2. The market has entered its sixth month of trading, having launched on 4 April 2022.
“We’re absolutely delighted to have gained a supplier licence for the Ontario market, allowing us to not only expand our global reach but entertain a new demographic of players with our casino, numbers-betting and sports-betting products,” said BetGames’ CEO Andreas Koeberl.
“Ontario’s regulated market is showing a lot of promise, we’re thrilled to be onboard and be part of the excitement around this recently regulated market.”
The business is licensed to offer its products in jurisdictions regulated by the Malta Gaming Authority (MGA) and the GB Gambling Commission, as well as South Africa.
BetGames joins other gaming companies recently licensed to conduct business in the province, including L7 Entertainment, the World Series of Poker, Apollo, BetSafe and Pala.
From the 31 October the AGCO has stated it intends to take action against unlicensed operators offering their services in Ontario. “As with any instance of non-compliance, the AGCO will take appropriate regulatory action against any registrant that does not meet this standard (once it comes into force),” stated the regulator.
Original article: https://igamingbusiness.com/legal-compliance/licensing/betgames-to-enter-ontario-with-new-licence/
