AbsoluteBet Corp. has secured a license in Ontario, having gained a permit from the Alcohol and Gaming Commission of Ontario (AGCO), and will now be looking to introduce province-focused brands and websites.
AbsoluteBet Positions Itself for the Full Ontario Gaming Market Focus
The latest license comes at a time of sustained interest in the market, with 87 websites currently online in the province, and the market showing no signs of slowing down or over-saturation. AbsoluteBet has vowed to work hard on differentiating its product offer locally.
Absolutebet has welcomed the opportunity to see its offer licensed for the highly competitive and doubly important market. Company founder Chen Truman had this to say in welcoming the news:
“Securing AGCO registration is more than a milestone—it’s the start of absolutebet’s journey in one of the most exciting regulated markets in the world.”
Absolutebet is also no stranger to operating in competitive environments, with the company drawing on its specialists’ experience based in Malta, a European iGaming hub focused on the provision of services in the sector.
Absolutebet is determined to deliver on an experience that is tailored to the North American market, and Ontario specifically, a statement that will be tested over the coming weeks and months.
Rigorous Licensing Process Took Months, But Will Be Worth It
The news that AbsoluteBet is now doubling down on its North American footprint was also welcomed by Krisztina Kalla, legal and regulatory compliance director, who has said that the company has everything to be happy about, completing a rigorous licensing process that has taken months.
“I am very happy to see the result of that work, and even more excited as we move into the launch phase and open up the AbsoluteBet community to Ontario players in a fun and responsible way,” Kalla wrapped up.