Soft2Bet Makes Progress Towards Launching Online Casinos in Ontario

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The ever-growing list ofOntario online casino providers is set to expand again soon.

Soft2Bet has received a Registration Certificate from the Alcohol and Gaming Commission of Ontario (AGCO). This regulatory body oversees sports betting and online casinos, or iGaming, in the most populated province of Canada.

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A Wide Array of Gaming Choices in Ontario

As of March 28, the iGaming Ontario (iGO) platform lists a total of 66 brands that facilitate betting on casino games, sports events, and peer-to-peer poker, noting that some brands offer multiple betting options.

The regulation of online wagering in Ontario falls under the AGCO, while the iGO is responsible for the operational management. These online platformsOntario casino apps were launched in April 2022 and have collectively garnered totals exceeding $80 billion CAD across casino, sports, and poker betting.

More About Soft2Bet

Soft2Bet provides both online casino and sports betting services across more than ten different markets.

"We are incredibly thrilled to embark on our journey in North America and eagerly anticipate obtaining licenses and expanding our presence in additional jurisdictions within the area,\" commented Elisabeth Isaksson, Head of Regulatory Compliance at Soft2Bet, in a corporate statement.

The company will introduce the Tooniebet brand in Canada, named after the country’s two-dollar coin.

Casino options, includingOntario slot games accounting for a significant portion of the online wagering in the province. The most recent quarter reported (October to December 2023) set a record high for the total amount wagered, reaching $17.2 billion. Out of this, $13.7 billion was generated from casino platforms, while sports betting accounted for $3.1 billion, and poker brought in $431 million. This trend is consistent with earlier quarters, where casino games comprised approximately 80% or more of the total wagers.

"Receiving this certification from Ontario marks an immensely important milestone in our growth strategy,\" stated Martin Collins, the company's Chief Business Development Officer.

For additional information on iGaming, includingbest paying Ontario online casino options, stay with deereplanet.com.

USA Today photo by Jerome Miron

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Author

Jim Tomlin
Jim Tomlin
Ontario iGaming Editor

Jim Tomlin is a seasoned editor and writer with a specialization in sports and gambling, along with their intersection. With over 30 years in journalism, his work has been featured in publications such as the Tampa Bay Times, FanRag, Saturday Down South, and Saturday Tradition.

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