NEWS
14 July 2022
GiG receives Ontario supplier licence
By Gambling Insider

As a result, GiG can now offer its B2B sportsbook and player account management (PAM) platforms to licensed operators in the Canadian province.

Ontario launched regulated iGaming on 4 April, with multiple brands going live on day one.

Since then, more companies have arrived in the province, but GiG has only now secured access. Nevertheless, the supplier remained undeterred and said its registration marks “an early entry.”

GiG cited a projection from H2 Gambling Data that Ontario’s market will, over the next three years, grow to eventually produce €2bn (US$2bn) in gross gaming revenue (GGR).

Moreover, the licence will further expand GiG’s footprint. The supplier currently supports 22 regulated markets, with a further four pending. Ultimately, GiG has designs on becoming operators’ “technical supplier of choice.”

The supplier’s licence was awarded by the Alcohol and Gaming Commission of Ontario (AGCO) which recently issued Hard Rock Ottawa a CA$227,250 (US$173,850) fine.

Claudio Caruana, General Counsel for GiG, said: “In receiving the registration from the AGCO, we have reached another important milestone in our resolute commitment to supporting the iGaming industry for regulated markets, and we’re delighted to be prepared to power new and potential partners in the province.”

Earlier this month, GiG signed an agreement to move Portuguese operator Moosh from Caravel Entertainment’s platform technology to its own.

Meanwhile, in other Ontario news, PokerStars officially launched in the province – its home market – late last month.