Rivalry has applied to become a fully licensed operator in Ontario
Rivalry – an esports betting platform, has applied to be a fully licensed Ontario sports betting and online gaming operator.
In its application to the Alcohol and Gaming Commission of Ontario (AGCO), Rivalry indicated what it plans to offer to its Ontario-based enthusiasts. During the first half of 2022, the players can expect to experience Rivalry’s sports betting and multiplayer Rushline casino game.
Steven Salz, Rivalry’s co-founder and CEO, stated his enthusiasm for the procedure:
As an organization based in Toronto and a well-established part of the city’s digital industry, we couldn’t be more excited to showcase our exceptional product and brand experiences right here in our own backyard.
We appreciate the Ontario government for taking the lead in building a comprehensive licensing framework for igaming.
Following Canada legalizing single-event wagering, Ontario released draft guidelines for regulated online betting and gaming markets in August before finalizing the rules last month.
Ontario’s igaming framework has the potential to set a global pattern for how to successfully launch an open licensing model in North America, protect players through strong gambling guidelines, and attract and develop thousands of profitable tech jobs.
Several marketing constraints are among the laws that the state has strengthened in sports betting. In addition, the state requires the operators to join an official integrity organization, such as the International Betting Integrity Association (IBIA). Meanwhile, the gaming laws carry a variety of product limits, such as a minimum spin time for slots.
Concerns have been posed over the constitutionality of Ontario’s igaming liberalization out of worries that the licensing scheme would result in the provincial government failing to “conduct and control” internet gambling, as dictated by Canada’s criminal code.
Kirstine Stewart – media and technology executive, was added to Rivalry’s board of directors earlier in the month.