Ontario Sports bettors are beginning to get restless as legal online sports betting in Ontario starts next week. Until April 4, 2022 arrives, sports gambling operations are racing towards obtaining a gambling license to enter this new market. Following this trend, Relax Gaming acquires an Ontario Gambling License in time for the launch of online sports betting.
Relax Gaming is a B2B supplier and provider of online casino, poker and casino games. In addition, the Finnish company is also known for its gambling platform which is made for operations of any size. While the company is not well known in the U.S., it does have a strong presence in Europe. This is because the company hold licenses in Malta, the UK, Denmark, Sweden and several other European markets.
For the company, this is a great opportunity to enter and strengthen their presence in the North American gambling market. Since Ontario is the most populous province in Canada, this is a good first step for the company. Therefore, they are expecting this deal to be a very lucrative opportunity when it launches in a few days.
Relax Gaming acquires an Ontario Gambling License from the AGCO
According to the latest Gambling Software News, Relax Gaming is one of the first suppliers to enter the Ontario market. The Alcohol and Gaming Commission of Ontario or ACGO is the entity responsible for issuing gambling license in Ontario,
Alexia Smilovic Rønde, the Chief Regulatory Officer at Relax Gaming is quite happy with obtaining the license. He said, “AGCO’s pragmatic regulation and approach to licensing should deliver a good channelization from all the stakeholders over time.”
Now that they have the Ontario Gambling License, their next step is to expand its operation into North America. According to Sportsbook Pay Per Head blogs, the expansion is set to take place this year and is a major milestone for the company.
Furthermore, the company says they will debut with 130 games across multiple operators. Half of these games will be coming from 16 of its partner studios like Dice Lab and Northern Lights.
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