Gaming Realms given approval for iGaming Supplier Licence in Ontario
Alchemybet, a subsidiary of supplier Gaming Realms, has been awarded a supplier licence to operate in Ontario, Canada. This licence allows the company to supply games ahead of the formal opening of the regulated iGaming market in the Canadian province on 4 April 2022.
At present, Gaming Realms operates internationally, in the US, Canadian and UK iGaming markets. This move into the Canadian iGaming market highlights a significant milestone in the company’s development ambitions for its subsidiary, Alchemybet. This new licence will see it initially focusing on providing its Slingo Originals game content to Ontario’s licensed online casino operators.
Ontario holds a population of 15 million people, which stands as larger than any state within the US that is currently licensed for iGaming. Gaming Realms expects to see high revenue from this move and in particular in comparison to New Jersey, Michigan and Pennsylvania, where it already supplies its Slingo Originals content.
Following this initial focus on Slingo Originals, the company will launch its full games portfolio in Ontario.
Michael Buckley, Gaming Realms Executive Chairman, commented: “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.”
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