Gaming Realms awarded Ontario supplier licence
Slingo supplier anticipates Canadian province will generate more revenue than any of its already-live US states
Gaming Realms has secured a supplier licence in Ontario ahead of the launch of the regulated igaming market on 4 April.
Via its subsidiary AlchemyBet Limited, the Slingo supplier will be allowed to offer its services to operators in the Canadian province.
The award of the licence marks Gaming Realms’ first steps into the Canadian igaming market.
Gaming Realms said it expects revenue derived from Ontario will be higher than that of New Jersey, Michigan or Pennsylvania where the company offers its services in the US.
Additionally, Gaming Realms said 2022 had started well with revenue for the first two months of the year in excess of management expectations.
Michael Buckley, Gaming Realms executive chairman, said: “Ontario should be a bigger market for Gaming Realms than any of the US states that have regulated so far, so we are very excited to have been awarded our supplier licence in this territory.
“Our approval marks an important step in the group’s growth trajectory as we focus on expanding and strengthening our global presence and bringing our hugely popular and innovative Slingo content to new audiences,” he added.
EGR explored why Ontario is set to become one of the most hotly contested markets in North America as operators and suppliers vie for market share in Canada’s most populous state.