This past week, sports betting companies, Bet365 and FanDuel, received their licenses to operate in Ontario, Canada. The information was released through iGaming Ontario, which is part of the Ontario Alcohol and Gaming Commission (AGCO), which unveiled a list of new licenses for companies to launch their online gambling marketplaces next month.
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According to this list, the company Bet365 received the green light to operate in the online betting market, together with Hillside. Meanwhile, FanDuel, a company owned by Flutter Entertainment, has also received its green light, as has Unibet.
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In addition to these companies, it is worth mentioning that other licensees that also received the green light were: Annexio Limited, Lotogo, Coolbear, Fitzdares and NSUS Limited, which will operate under the WSOP brand. In recent days, companies LeoVegas, Rush Street Interactive, Rivalry, TheoScoreBet and 888 have also received their respective licenses.
All briefing notes have been published by iGaming Ontario, which will be overseeing Ontario when the market officially launches on April 4th. Previously, iGaming Ontario Executive Director Martha Otton had reported:
“Consumers can be assured that companies who successfully enter the new Ontario market will have met rigorous standards of game and operator integrity, fairness, player protection and social responsibility, allowing all players to play with confidence.”
In addition, Otton added: “Today, most internet gaming by Ontarians takes place on websites not conducted and managed by the province. Our new internet gaming market will give consumers enhanced entertainment choice, support the growth of a new, legal market and generate revenue that can help fund programs and services that benefit all of us.”
Flutter Entertainment
Sports betting company, Flutter Entertainment, is based in Dublin, Ireland, and operates in a variety of financial markets. The company was created through a merger between Paddy Power and Betfair, where it was later bought by The Stars Group.
The company is currently listed on the London Stock Exchange with the FTSE 100 index. Among its brands, the company has kept the Betfair brand alive, which is considered the biggest sportsbook on the Exchange market.
Among other brands, the Flutter company also owns the PokerStars brand, the largest virtual poker house in the world. As such, the complete list of their brands is extensive, including ownership of the company FanDuel. Among other well-known names in the sports betting field, we can find the following brands that are subsidized by Flutter: Adjarabet, BetEasy, Betfair, FanDuel, Fox Bet, Full Tilt Poker, Paddy Power, PokerStars, Sky Bet, Sportsbet.com.au, Timeform and TVG Network.
ABOUT BET365
Sports betting company, Bet365, is considered to be one of the biggest online sports betting houses. Founded in 2000 by Denise Coates, Bet365 Group is headquartered in the United Kingdom, England. Currently, the group is one of the main players in the field of online betting, encompassing more than nineteen million customers and almost two hundred countries participating in its platform. According to information, Bet365 has over three thousand employees and is the largest private employer in the city of Stoke-on-Trent.
In addition to entering the market, you will have a wide selection of sports available to bet on. The Bet365 catalog has several sports, from conventional sports to electronic sports.
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