On March 10, 2022, leading online gaming and sports betting company Rush Street Interactive informed that it will be joining Ontario’s new and regulated iGaming market. The company announced that it has been approved by the Alcohol and Gaming Commission of Ontario to be a legal iGaming operator in the market that kicks off in less than a month.
The province’s market is on course to arrive on April 4, 2022, and it would allow approved gaming brands to offer their online gaming and sports betting products to the local player base in a regulated way. The company is set to face fierce competition as many industry-leading providers have already been approved by the regulator and are now ready to join.
Now, that Rush Street Interactive has been given the green light to join Ontario’s iGaming and sports betting market, it will be able to deliver its cutting-edge BetRivers online casino and sportsbook to the province. The company, along with the other licensed operators will be able to do so, immediately after the market goes live on April 4, 2022.
Chief Executive Officer of the Illinois company, Richard Schwartz stated that the acquisition of an Ontario iGaming license is an important milestone for the firm. According to him, it demonstrates the company’s commitment to operating in regulated markets, where they pay local taxes, and that they are grateful for the trust from the AGCO.
He added that the corporation is now inching closer to launching its BetRivers real-money online casino and sportsbook in the province. In his words, they will provide unique betting options, including the company’s peer-to-peer slot tournaments or same game parlays, as well as quick payouts, and its exceptional customer service to the millions of gamblers from the province.
Currently, the company is already live in Ontario via its free-to-play social gaming platform CASINO4Fun® on BetRivers.ca. Mr. Schwartz said that their free-to-play social gaming product has experienced strong interest from local gamblers, and the company is now looking forward to offering similarly entertaining and responsible gambling products but in a real-money version this spring.
Others Joining Too
Last week, leading U.S.-based slot provider High 5 Games has also revealed that it has received regulatory approval to be joining the market as a licensed brand. The company already operates in the market’s land-based sector, as for years Ontarians have enjoyed its products at retail locations, and at the start of April, bettors will have access to them in an online form.
One more gaming leader that is trying to get its hands on one of the Ontario licenses is Tiidal Gaming Group. The leading eSports and gaming platform entity informed that its entry to be a regulated supplier has now been submitted. If licensed the company would be able to supply other approved sportsbook operators with artificial intelligence-powered eSports betting solutions via its technology division Sportsflare.
Source: “Rush Street Interactive’s BetRivers Online Gaming Platform Receives License to Operate in Ontario”, Rush Street Interactive, March 10, 2022