Ontario welcomes BeyondPlay into its iGaming space after getting approval from the AGCO.
Key takeaways:
- BeyondPlay will work with operators in ON
- The company makes its debut in the North American market
A new name has entered Ontario’s iGaming market. BeyondPlay, a private game provider, received a gaming-related supplier license from the Alcohol and Gaming Commission of Ontario (AGCO) to deliver its content and services to operators running in the Canadian province.
Now live in Ontario, the company can build B2B partnerships and offer its services to legal operators in the industry to create exclusive in-house jackpots for their casino, live casino, and sports betting offerings.
The Ontario license is a massive achievement for the B2B start-up company, and it’s its first step into the North American market. “We are honored to be officially registered as a gambling software provider in Ontario by AGCO, a testament to our unwavering dedication to compliance and responsible gaming,” said Andrii Grygorovych, Head of Compliance at BeyondPlay.
In recent months, the supplier also acquired several European licenses, including the UK, Sweden, and the Malta Gaming Authority.
A Look into Ontario’s iGaming Industry
In April 2022, Ontario became the first Canadian province to allow internet gaming, attracting the interest of the biggest names in the industry and encouraging players to sign up at their favorite online operator. In its first year, the market generated over CA$35 billion in betting handles, placing in the top five in North America.
As the iGaming sector continues to grow, more operators make their debut. The most recent quarterly report released by iGaming Ontario showed that there are currently 46 operators online, which run 71 gaming websites—a significant number considering the market’s short lifespan.
The report also indicated that the 920k active player accounts have an average monthly spend of CA$197, where slots, live table games, and bingo account for 83% of total wagers. The rest is split between sports betting and poker.
The province reported CA$ 545 million in gaming revenue before tax from April 1 through June 30, 2023.
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