Yet another exciting operator has received permission to join Ontario’s regulated market for online gambling. Most recently, a prominent developer of interactive casino games, Spribe, announced that it has acquired the nod from the Alcohol and Gaming Commission of Ontario to launch its industry-leading game Aviator into the province’s sector for private entities.
The province kicked off its online gambling and sports wagering framework for third-party operators and suppliers in April 2022. Its aim is to eliminate grey market operations while also keeping some of the proceeds for a better Ontario. So far, the sector has drawn immense interest from the industry, as more than 40 operators have been licensed to operate legally in the province.
Spribe Gets the OK
As a provincially-licensed entity, Spribe will be able to offer its leading Aviator game to Ontarian audiences. The developer is prominent for its next generation of exciting products for the internet gambling industry, and the crash game has already made its mark on the sector. It has recorded over 5 million players worldwide, and will soon reach Canada’s most populous province.
Managing partner for the provider, David Natroshvili commented that the approval to join Ontario’s market is a massive step forward for his company. He also noted that the supplier expects its industry-leading crash game to be fully embraced by local players along with the rest of its exciting portfolio of iGaming titles which will also be made available.
Mr. Natroshvili is optimistic that the developer will be able to strike important partnerships with other operators in the province and grow its Aviator title to the most popular title in the jurisdiction. Currently, the market is home to over 60 online casinos, despite opening just over a year ago, which is a tremendous opportunity for the provider of games.
Aviator was issued back in 2018 and the simplicity of the game took over the industry by storm. It utilizes full-player controls while also providing some major win opportunities for participants. All of that, combined with the multiplayer mode and the chance to watch the scores in real-time on a dedicated leaderboard turned the product into a market-leading name among players.
Market Celebrates the First Anniversary
On April 4, 2022, the Province of Ontario marked its first anniversary of the launch of the regulated sector for private operators and websites. For the first 12 months, the province generated CA$35.6 billion in total placed wagers, which brought in approximately CA$1.4 billion in total gaming revenue. Meanwhile, active players had an average spend of CA$70 every month.
Amidst the celebrations and data from the first year, another operator announced its entry into the market last week. This time Neo.bet made its legal debut in the market and the German-based brand offers locals both sports wagering and eSports markets to choose from. The company is licensed domestically in Germany and Malta, while its Neo.bet portal is owned by Reactive Betting Ltd.
