Playnetic Gets Ontario Supplier License
Playnetic's gaming supplier application has been approved by the Alcohol and Gaming Commission of Ontario, paving the way for the company to launch its services in Canada.
LISTEN TO THIS ARTICLE:The iGaming supplier was awarded the license after demonstrating its ability to meet the province's stringent regulatory requirements and standards.
The approval represents a significant milestone for Playnetic as it secures its first foothold in the Canadian market. It can now supply its extensive library of games to licensed operators in Ontario, setting the stage for future strategic growth into other regulated provinces.
With Ontario's market entry, Playnetic is well-positioned for Canadian expansion as Alberta moves towards gambling regulation. Meanwhile, the supplier has been actively building relationships with key operators in Ontario and is poised to launch its games with several brands over the coming months.
Acquiring AGCO approval for our gaming-related supplier application is undoubtedly a big step for Playnetic. The new license not only secures our first Canadian market entry but also reaffirms Playnetic's position as a trusted provider in iGaming and underlines our commitment to compliance and operational excellence.
Expanding Globally
This development follows hot on the heels of Playnetic teaming up with Microgame to deliver its titles in the Italian market.
The partnership will see Microgame distribute Playnetic's full library of games to over 50 Italian operators.
Founded in 2023, Playnetic currently has 43 games in its portfolio. The provider prides itself on creating original games that provide an immersive gaming experience for players worldwide. It is set to introduce these titles in the Ontario market.
We're very excited to now be in a position to offer our library of innovative gaming content in Ontario, and the groundwork to do that with some of the region's biggest licensed operators is already underway. Over time, we're confident this license will also help us expand further into current markets and emerging regulated provinces, such as Alberta.
More Business News
Ontario’s iGaming Boom Continues
Launched in April 2022, Ontario's iGaming market continues to attract significant attraction and growth.
Last October, the province’s gaming regulator published its Q2 2024 results, revealing a substantial increase in sports betting handle and online casino revenue.
Last month, Veikkaus subsidiary Fennica Gaming also secured a supplier license in the jurisdiction. The company's senior leadership team believes the North American gaming market presents numerous growth opportunities.
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