Greentube earns Ontario's supplier license for the iGaming market as it targets North American expansion

Greentube, NOVOMATIC's digital gaming and entertainment division, announced Tuesday it has received its supplier licence from the regulator in Ontario, as it targets further expansion in markets across North America.

The new licence, granted by the Alcohol and Gaming Commission of Ontario (AGCO), will see Greentube enter a market which implemented online regulation for the first time earlier this year.

It follows on from other launches in Canada, including British Columbia, Manitoba and Quebec; while Greentube has also entered the regulated US market in New Jersey and Michigan.

Games from Greentube's extensive portfolio, including Diamond Cash: Mighty Elephant, Diamond Cash: Mighty Sevens and Diamond Cash: Oasis Riches, as well as other titles developed specifically for players in North America, will be available in the market for operators imminently.

We’re happy to announce that Greentube has received its supplier licence from the regulator in Ontario, meaning the expansion in North America continues, and players in the region can look forward to playing top Greentube titles!

Read more here: https://t.co/IpvQ3Ew4yh pic.twitter.com/NOBmmriWYK

— Greentube GmbH (@_Greentube) August 2, 2022

With a population of 14.5 million and a projected market size of CAD 800 million ($621.8 million), Ontario will become "a region of great importance to Greentube" in the coming months as it forms new operator partnerships, the company said.

In a press release, Michael Bauer, CFO/CGO at Greentube, spoke about this new jurisdiction for the company: "We have already established a successful base in Canada through our presence in the regulated provinces of British Columbia, Manitoba and Quebec and we are very excited to have gained an Ontario licence."

"It is a region of great potential for the iGaming industry, and we look forward to partnering with operators in Ontario to deliver our first-class content to their players", he concluded.