Esports betting services provider Oddin.gg secures Ontario, Canada betting license
- Oddin.gg secures a betting license in Ontario, Canada
- This is another major step in Oddin.gg’s North American expansion strategy
Esports betting odds feed, risk management and iFrame solutions provider Oddin.gg is proud to announce that it has been granted a license from the Alcohol and Gaming Commission of Ontario (AGCO) to become a registered betting supplier in the Canadian province of Ontario.
The news comes shortly after Oddin.gg secured $4.5m in Series A financing earlier this year. One of the main goals behind the financing round was expansion into North America, with the new Ontario license being the second milestone after the New Jersey operations.
The license will provide Oddin.gg with the vehicle to provide its renowned esports betting services in Ontario, the largest province in Canada.
Vlastimil Venclik, co-Founder and CEO of Oddin.gg, said: “We are thrilled to achieve this important milestone for Oddin.gg. Acquiring a license in Ontario opens a wealth of opportunities on the North American market, and is a major step in our North American expansion strategy. This helps us to support both existing clients and prospects in the future.
The North American market is developing at a different pace. Canada is very rapidly embracing esports betting, with Ontario being especially big in esports. In contrast, the entire US is slow in legalizing and adopting esports. This creates opportunities for progressive US bookmakers to adopt esports and distinguish themselves among the competition. We are in touch with such bookmakers, and you can expect more exciting news in the coming months.”