BetVictor secures Ontario licence – www.betcompanies.net

BetVictor has become the latest online gaming operator to secure a licence in the Canadian province of Ontario.

Issued to BV Gaming, the parent company of BetVictor, the licence will enable the operator to offer online sports betting and casino games to consumers.

The licence was issued by the Alcohol and Gaming Commission of Ontario (AGCO) and runs from 3 June 2022 to 2 June 2023.

BetVictor will join a series of other operators in going live in Ontario, following the launch of the province’s regulated online market on 4 April this year.

Unibet, theScore, BetRivers, 888, PointsBet, LeoVegas, Bwin, Bet365, FanDuel, BetMGM and Caesars all secured licences before launch day, while other brands such as DraftKings and Betway have also gained approval following the market’s opening.

Specialist licences have also been awarded to a number of content suppliers and providers such as Playtech.

Ontario’s market opened following almost three years of work to launch, after the provincial government revealed plans to end the lottery’s online gambling monopoly in April 2019.

Final standards for online betting and gaming were published last September, with online gaming standards including a number of limits related to game design such as a ban on autoplay.

Author: Raymond Fleming