Innovative live dealer betting games studio BetGames has reinforced its international reach by obtaining a full registration from the Alcohol and Gaming Commission of Ontario (AGCO).
Ontario’s rapidly growing market is set to gain one of the industry’s strongest and unique product portfolio, with BetGames’ popular titles such as Lucky 7, Lucky 5 and the exciting Entain exclusive Starzle soon to be available.
A major milestone for the company, BetGames is able to take its popular portfolio live with its biggest operator partners, allowing more players across the world to experience the studio’s next-generation live betting content.
The Ontario market holds great potential and is anticipated to become one of the largest markets in North America. With BetGames’ latest market entry, it is poised to establish itself as a prominent brand within the emerging province.
Commenting on the deal, BetGames’ CEO Andreas Koeberl said: “We’re absolutely delighted to have gained a supplier licence for the Ontario market, allowing us to not only expand our global reach but entertain a new demographic of players with our casino, numbers-betting and sports-betting products.
“Ontario’s regulated market is showing a lot of promise, we’re thrilled to be onboard and be part of the excitement around this recently regulated market.”
After a successful 2021, the company experienced an increase in engagement as a result of its enhanced product line up. The latest announcement allows the company to continue its successful journey and enhance its global footprint in regulated markets.
The latest licence reinforces the innovative studio’s commercial capabilities, with BetGames’ flagship products already licensed across several key markets including South Africa and those governed by the UKGC and MGA.
Red Rake Gaming Secures Ontario Gaming License
Red Rake Gaming is thrilled to announce the acquisition of a gaming license for Ontario, marking a significant milestone for the company. The approval from the Gaming Commission of Ontario (AGCO) allows Red Rake Gaming to provide its highly successful and player-centric content to the Ontario market. This achievement solidifies Red Rake Gaming’s commitment to expanding across the regulated landscape and North America following its recent approval from Pennsylvania.
This achievement marks a significant milestone for Red Rake Gaming, which has been active in various states with its social casino offering for several years across the largest social casinos in the United States.
Red Rake Gaming will bring the top-performing game genres and mechanics from its extensive portfolio, including the globally successful Super 30 Stars, Secrets of the Temple, the Million Ways to Win genre, and many other engaging and interactive titles.
Nick Barr, Managing Director (Malta) for Red Rake Gaming, states: “We could not be more thrilled to have been approved for operating in Ontario and have already witnessed a significant demand from operators to integrate our content across the province. We are equally delighted to offer players who have enjoyed our social games over the years the ability to play with real money in Ontario. We are extremely confident about the U.S. market and the integral role it will play in Red Rake Gaming’s continued growth.”
AGCO Issues Penalties to Fallsview Casino Operator for Anti-Money Laundering Violations
The Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) has issued an Order of Monetary Penalty totaling $70,000 to MGE Niagara Entertainment Inc., the registered operator of Fallsview Casino Resort in Niagara Falls Ontario, for failing to meet requirements in place to minimize the risk of unlawful activity, including money laundering, at the gaming site.
In April 2023, a patron attended the Salon Privé at the Fallsview Casino Resort and presented $80,000 in strapped $100 bills from a reusable grocery bag. Surveillance showed that once the money was counted and confirmed, the patron left the table with casino chips without playing at that time. Despite having previously identified the player as “high risk,” the casino failed to notify the AGCO and on-site police of this transaction as required. The casino operator also failed to take any meaningful steps to ascertain and corroborate the patron’s source of funds, as is required by anti-money laundering rules set out in the Registrar’s Standards for Gaming.
The prevention of unlawful activities at Ontario’s gaming sites is a key priority for the AGCO. Casino operators have an important role to play and must take steps to effectively identify and prevent criminal activity from occurring on their gaming sites. Among the regulatory requirements casino operators must meet, the Registrar’s Standards for Gaming (the Standards) require operators to report suspicious behaviours and to validate a patron’s source of funds when presented with significant amounts of bulk cash.
The AGCO, along with the Ontario Provincial Police bureau attached to it, continue to focus on the safety and security of gaming in Ontario and actively monitor all Ontario gaming sites for compliance with the Standards.
A registered gaming operator served with an Order of Monetary Penalty by the AGCO has the right to appeal the Registrar’s action to the Licence Appeal Tribunal (LAT), an adjudicative tribunal independent of the AGCO and part of Tribunals Ontario.
“The AGCO is committed to protecting the public interest and public safety and remains vigilant in its efforts to guard against potential money laundering at Ontario’s gaming sites. Casino operators are important front-line partners in this effort and the AGCO holds all operators to rigorous standards when it comes to the prevention of unlawful activity,” Dr. Karin Schnarr, CEO and Registrar of AGCO, said.
Thunderkick eyes substantial growth with Ontario market entry
Independent slots studio Thunderkick is setting its sights on success in the Ontario market with ambitious plans to acquire a licence to operate in the jurisdiction.
The market entry will see the provider strengthen its presence further in regulated international jurisdictions. Ontario is set to become a main focus for Thunderkick in the year ahead, alongside markets such as Italy, Portugal and its homeland of Sweden.
Ontario will also mark the first step in Thunderkick’s long-term growth strategy, which will see the provider roll out great game releases and commercial deals in 2024 and beyond. The licence would allow the provider to partner with a range of operators in the region, which has proven to be buoyant since it came online in 2022.
As part of the move, a wealth of acclaimed, innovative titles will become available to a brand-new audience. Its portfolio boasts titles such as the recently released Hellapenos, alongside player-favourites including Esqueleto Explosivo 2, the Beat the Beast series and more.
Thunderkick is positioning itself for major growth with this imminent first step, with several new slots such as 12 Bolts of Thunder to be released next week.
Svante Sahlström, Chief Commercial Officer at Thunderkick, said: “Ontario is likely to be a significant strategic move for us this year, and I think we’ll also look back on it as an important marker in the company’s development in years to come.
“Thunderkick is compliance ready and we’re confident we’ll soon be able to showcase our games to lots of new Canadian players. We have a strong long-term vision for expansion as a whole and are excited to follow those in the months to come.”
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