Play'n GO, a leading game developer in the iGaming industry, announced on Monday that it has finally been granted a supplier license by the Alcohol and Gaming Commission of Ontario (AGCO).
This means that the company shall be bringing its brilliant portfolio of game titles to Ontarians when the newly regulated Province of Ontario gaming market opens on April 4, 2022.
As one of the first game suppliers to be awarded a license by the AGCO, partner operators will be able to offer residents of Ontario their blockbuster titles that have become highly popular with players all over the world, including Book of Dead, Reactoonz, Rise of Olympus, Tome of Madness, and many more.
Chief Commercial Officer for Play'n GO Magnus Olsson said, "Regulated markets are vital not just to Play'n GO's business strategy, but to the industry as a whole; they ensure a safe gaming environment for players, and operators can focus on providing a fun and entertaining experience that is truly sustainable.
"Ontario is an important province representing some 40 per cent of the population of Canada, and we look forward to players there enjoying our games.
"However, Ontario represents just the first stage in Play'n GO's North American entry strategy that will see our titles shortly be made available in selected regulated US state level iGaming jurisdictions for the very first time.
"With Ontario's regulated market opening, followed by our entry into the USA, it's set to be an exciting year for Play'n GO."
Chief Risk and Compliance Officer for Play'n GO Sissel Weitzhandler added, "Our strategy remains to engage with all regulated jurisdictions, and we thank the AGCO for our license award. The opening of Ontario's regulated market is exciting and an important milestone in Play'n GO's North America journey. We look forward to supporting our partners in Ontario from 4 April onwards."
LeoVegas Group, which also applied to operate in the province, also announced on Monday that it has been registered by AGCO as an iGaming operator in the newly regulated jurisdiction.
This means LeoVegas will be able to offer casino, live casino and betting under the brands LeoVegas and Royal Panda.
In the case of LeoVegas, it still has to enter into an operating agreement with iGaming Ontario as the last step of the necessary onboarding steps.
CEO of LeoVegas Gustaf Hagman commented: "Over recent years, the LeoVegas brand has become the third most well-known casino brand in the Canadian market and Royal Panda has shown strong growth - a clear sign that the mobile gaming experience we offer is appreciated by North American customers. Our full focus now is to complete the process and we look forward to launch in a regulated environment. Given our track record and knowledge to operate in regulated markets we continue to have high expectations and ambitions for continued growth in the Ontario market".
The Ontario and North America expansion is in line with LeoVegas Group's strategy to grow in locally-regulated markets and soon-to-be regulated markets. The Group has also announced its plans in the United States later this year, starting with the state of New Jersey.