Alchemybet, a subsidiary of Gaming Realms, has become the latest Company to be awarded an igaming supplier license in Ontario. 

Gaming Realms PLC., a creator and licensor of mobile online casino content, proudly announced that subsidiary company Alchemybet Limited has secured an iGaming Supplier license to supply games in the Canadian province of Ontario, ahead of the province’s regulated iGaming market’s debut on 4 April 2022.

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Ontario Market Entry

As a result of the Company’s focus on supplying its Slingo Originals game content to Ontario’s licensed online casino operators, Gaming Realms’ entry into the Canadian iGaming market represents a key milestone for the Group and presents a long-term growth opportunity. Ontario has a population of 15 million people, making it the most populous state in the United States that is currently licensed for internet gaming. In states where the Company already distributes its Slingo Originals material, such as New Jersey, Michigan, and Pennsylvania, revenues are expected to be higher than they are in the rest of the country.

The Company intends to launch its entire game portfolio in Ontario, and it is now preparing to do so as soon as the market opens. Regarding present trading, while it is still early in the year, 2022 has started off well, with revenues above management’s projections, giving management reason to be optimistic about the year ahead.

Corporate Note

In a news release statement, Michael Buckley, Executive Chairman of Gaming Realms, stated that Ontario should be a larger market for the Company than any of the U.S. states that have regulated thus far, and that the Company is thrilled to have been awarded their supplier license in this territory. Their acceptance is a significant step forward in the Group’s growth trajectory, as the Company focuses on extending and strengthening its global footprint and introducing its extremely popular and unique Slingo content to new audiences around the world.

About Gaming Realms 

Gaming Realms develops and licenses creative mobile games from its offices in the United Kingdom, the United States, and Canada. Gaming Realms is fusing media, entertainment, and gaming assets into new game forms through its distinctive intellectual property and brands. Gaming Realms’ management team is comprised of successful entrepreneurs and seasoned executives from a variety of major gaming and media organizations.

This information is given by RNS, the London Stock Exchange’s news service. The Financial Conduct Authority has approved RNS to function as a Primary Information Provider in the United Kingdom.