LeoVegas moves closer to igaming approval in Ontario – Online Casino
LeoVegas Group has become the latest online gambling operator to gain approval from the Alcohol and Gaming Commission of Ontario (AGCO) to enter the Canadian province’s regulated market.
AGCO informed LeoVegas that although it has yet to receive a license, it has been registered as an igaming operator, which pretty much paves the way for it to launch in the province.
LeoVegas will now need to enter into an operating agreement with iGaming Ontario, the AGCO subsidiary that will oversee the market, in order to launch when the market opens on April 4.
If LeoVegas receives final approval as expected, it will offer online casino, live casino and betting under its LeoVegas and Royal Panda brands.
LeoVegas said the Ontario launch would be consistent with its growth strategy in locally regulated and soon-to-be-regulated markets, with plans also in place to go live in the United States later this year, in starting with New Jersey.
“Over the past few years, the LeoVegas brand has become the third best-known casino brand in the Canadian market and Royal Panda has experienced strong growth – a clear sign that the mobile gaming experience we offer is loved by customers. North American customers,” said the head of LeoVegas. said executive Gustaf Hagman.
“Our primary focus now is to complete the process and we look forward to launching it in a regulated environment. Given our track record and knowledge of operating in regulated markets, we continue to have high expectations and ambitions for continued growth in the Ontario market.
In recent weeks, Rush Street Interactive and 888 have been granted clearance to launch in Ontario when the market opens next month.