The UK gambling platform and software company Bede Gaming has been selected by the gambling monopolist in the Canadian province of Ontario – the Ontario Lottery and Gaming Corporation (OLG) – as its new digital platform supplier.
The partnership agreement with OLG was confirmed by the UK online gambling software provider in its Twitter account.
It is with great pleasure Bede announces that @OntarioLottery has selected Bede as its new digital platform supplier https://t.co/SZ5BCEqlsh #NewClients #NewMarkets #NewHorizons pic.twitter.com/wG4yZbDSJl
— Bede Gaming (@bedegaming) September 13, 2018
OLG, which at present times is one of the largest lotteries on a global scale, has chosen the digital platform specialists after a thorough procurement process. For some time now, the corporation that holds the monopoly on gambling operations in Ontario has been looking for new product additions to its digital offering available for the citizens of the province.
“This is a landmark contract win for Bede and testament to the technology that is being produced in the North East.” – Alex Butcher, managing director of Bede Gaming
Thanks to the partnership agreement, Bede Gaming has become the next UK gambling company which has managed to go overseas, with an entry into both the North American and lottery sectors. In addition, OLG is the third gambling operator which has chosen to add the gambling platform of Bede Gaming so far this year, after both LeoVegas and Sun International Group got the Rocket X platform powered by the UK gambling software supplier earlier in 2018.
OLG Deal with Bede Gaming Follows Two-Year Search
The Ontario Lottery and Gaming Corporation started looking for a new digital platform provider almost two years ago. The Ontario province gambling monopolist has revealed that a new player platform is not expected to enter in operation until the beginning of 2020.
The UK-based online gambling industry software supplier processes hundreds of millions of transactions on a monthly basis. Now, the addition of the new technology provided by Bede Gaming is set to bolster the existing digital capabilities in player registration and player accounts. In addition, it is also expected to help OLG improve its efforts in responsible gambling and self-exclusion.
— Canadian Gaming Association (@CanadianGaming) September 13, 2018
OLG was founded in 2000 and for some time now it has been focused on modernization. Its efforts have not always been going exactly as planned, especially when it comes to privatization of its mainstay lottery operations. The company launched the PlayOLG gambling website at the beginning of 2015, but it has so far failed to impress local customers, with its reported revenue in the fiscal 2016/2017 amounting only to CA$58.4 million. The figure represented an 18.7% increase in comparison to the previous fiscal year but remained a lot lower than the performance reported by OLG’s provincial counterparts in Quebec and British Columbia.
Earlier in 2018, OLG revealed it had extended its partnership with the instant game offerings’ provider Scientific Games for another four years. The collaboration between the two companies will continue until the end of July 2022.