888 Holdings to Be Among the First to Step into Ontario Thanks to New License

By | March 4, 2022

888_holdings_to_be_among_the_first_to_step_into_ontario_thanks_to_a_new_licenseThe North American market has enjoyed great popularity in recent years. It developed very quickly and attracted brands around the world to step into this region.

However, one of the markets that should be launched soon is Ontario. For this reason, many companies strive to get the necessary licenses to be able to start operating in this market once it is launched.

888 Holdings announced that it has guaranteed the necessary green light for its iGaming platform to leave a footprint in Ontario once the market is open.

Ontario punters will have the opportunity to enjoy a wide range of offering on the platform, which includes casino titles, sports, and poker releases.

One of the First

888 was among the first approved operators in the industry to be accepted by the Alcohol and Gaming Commission of Ontario (AGCO). The opening of the Ontario market is expected by April 4, 2022, at the latest.

With this step, the company once again showed that it has serious intentions when it comes to global expansion. So far, 888 guaranteed licenses for as many as 19 regulated markets. 7 of these 19 licenses are in the United States.

Important Step

CEO of 888, Itai Pazner, gave his comment regarding the newly guaranteed Ontario license and stated:“We are delighted to have been awarded a license by the AGCO and look forward to launching in the market when it officially opens. As a group, our focus is on strengthening our presence and offerings to customers across key regulated markets. To that end, Ontario represents an attractive long-term growth opportunity for 888 and this is an extremely strategically important milestone for us.”

This is a very important milestone for 888 Holdings. The company will guarantee a great advantage over other brands as it will be one of the first to offer this type of entertainment in the newly launched market. On the other hand, with this step, the European-based operator will further strengthen its position in North America and at the same time take another step towards meeting its goal of global expansion.

Source:

“888 Holdings obtains Ontario license’’, gamingamerica.com, March 3, 2022.

The post 888 Holdings to Be Among the First to Step into Ontario Thanks to New License first appeared on RealMoneyAction.com.

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