Amelco, a leading gambling technology provider, has been granted a supplier license in Ontario by the AGCO, Alcohol and Gaming Commission of Ontario. This license paves the way for Amelco to introduce its innovative solutions to the Ontario market, encompassing both sports betting and igaming sectors.
A Significant Leap Forward for Amelco
Amelco’s suite of offerings includes sports betting, casino, lottery, and financial products. With this permit, the company can now bring these services to a fresh and eager audience in Ontario, a region that is registering great numbers since its opening to legal betting and online gambling.
Brandon Walker, the head of Amelco USA, expressed the company’s enthusiasm about the development, saying, “This represents a significant milestone for us. We are thrilled to be finally entering Ontario.”
Furthermore, Amelco’s international credentials are strong. Beyond its newfound footprint in Ontario, the company holds licenses in other major gambling hubs such as the US state of New Jersey and the UK.
Amelco and Fanatics: A Strategic Alliance
Earlier this year, the buzz in the industry was about Amelco’s source code being tapped to underpin Fanatics’ forthcoming sports betting initiative. Although the initial whispers of the partnership emerged as early as April 2022, it was only officially confirmed in January of this year. Prior to the confirmation, the operator had denied any established agreement with the supplier.
Elaborating on the partnership during a licensing gathering in Massachusetts, Fanatics’ chief product officer, Scot McClintic, gave insights into the scope of the collaboration. He emphasized that Amelco’s technology would be instrumental in managing player accounts and the sports betting system for Fanatics.
Post the collaboration announcement, Fanatics successfully rolled out its sports betting services in Maryland, Ohio, and Tennessee. The momentum doesn’t seem to be slowing down, with more launches in the iGaming and sports betting realms slated for the coming months.
Implications for the iGaming Industry
As we witness these developments, several implications emerge for the broader iGaming sector:
- Diversification of Markets: The entry of tech giants like Amelco into regions such as Ontario underscores the potential of untapped markets and the opportunities they present.
- Strategic Alliances: The Amelco-Fanatics partnership exemplifies the power of collaborative strategies in enhancing technological capabilities and expanding the reach for iGaming companies in different strategic sectors.
- Enhanced User Experience: With companies like Amelco bringing a suite of offerings under one umbrella, users can expect a more integrated and seamless betting experience.
The fast-evolving landscape of the iGaming industry is indeed thrilling to witness, with strategic moves and collaborations like these promising an exciting future.