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AGCO

FSB secures landmark regulatory approval in Ontario

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Sports betting provider takes another major step forward in North America with approval accomplished before market opening

Global B2B sports betting & iGaming service provider FSB has announced they have secured regulatory approval from the Alcohol and Gaming Commision of Ontario (AGCO) to launch its services in the Canadian province.

By becoming one of the first suppliers to receive recognition of the Gaming Related Supplier license in the province, FSB is license-ready as the Ontario online market opens on Monday April 4th.

This significant achievement is another leap forward for the award-winning supplier in North America and comes just weeks after news of a major sports wagering deal in South Dakota.

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FSB will be supplying it’s award-winning omnichannel sportsbook and comprehensive iCasino aggregation to its operator partners in the territory, enabling them to curate sports betting and iGaming experiences that suit their target audiences.

Dave McDowell, Chief Executive Officer at FSB , said: “This hugely exciting news is a landmark moment for FSB and adds further fuel to our aggressive, forward momentum in the North American region.
The pre-market opening approval from the AGCO pays a huge tribute to the quality of our technology, services and people as we push forward in global regulated markets in 2022.

Bob Akeret, Vice President of Operations, North America at FSB, said: “It’s an immensely proud moment for our FSB North American team to be one of the first suppliers to receive AGCO certification.

Being licensed as a Gaming Related Supplier as the market opens puts us in a strong position to play a leading role in Ontario and build further and faster on the major growth we have achieved in North America over the last 12 months. This is an opportunity we look forward to embracing.”

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AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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The Alcohol and Gaming Commission of Ontario (AGCO) has mandated all Ontario-registered sportsbook operators to halt offering and accepting wagers on World Boxing Association (WBA) events immediately. This measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against match-fixing and insider betting.

Since December 2023, the AGCO has been conducting a comprehensive review of suspicious wagering activity on a WBA-sanctioned title fight between Yoenis Tellez and Livan Navarro that was held in Orlando, Florida. Suspicious betting patterns on the bout lasting over 5.5 rounds were reported to the AGCO by two registered independent integrity monitors and detected in Ontario by a registered igaming operator. Media reports also alleged that Tellez’s Manager placed $110,000 on the match lasting longer than 5.5 rounds at a Florida casino. The bout ended with Tellez knocking out Navarro in the 10th round.

Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.

The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have and enforce codes of conduct that prohibit betting by insiders.

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Registered gaming operators were unable to demonstrate to the AGCO that the WBA prohibits betting from insiders, which could include an athlete’s coaches, managers, handlers, athletic trainers, medical professionals, or others with access to non-public information. Further, registered gaming operators were unable to demonstrate that the WBA took any action to investigate or enforce the allegations of potential match-fixing and insider wagering.

The AGCO has indicated to registered operators that in order for WBA betting products to be reinstated in Ontario, operators must demonstrate that the WBA effectively supervises its events, thus bringing them into compliance with the Registrar’s Standards. In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards. Within a month, UFC amended its policies and implemented new protocols that allowed the AGCO to reinstate betting on UFC events in the province.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body. Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed,” Dr. Karin Schnarr, Registrar and CEO of AGCO, said.

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Ellipse Entertainment Enters Geolocation Partnership with GeoLocs

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mkodo Limited (mkodo) is proud to announce that it has partnered with United Kingdom-based casino operator Ellipse Entertainment. Ellipse Entertainment has chosen mkodo’s advanced geolocation verification service, GeoLocs, to enhance its iGaming operations in Ontario, Canada.

Ellipse Entertainment has seamlessly integrated GeoLocs’ specialised iGaming geolocation platform into its High Flyer Casino brand. This integration will provide a safe, secure and fraud-free environment for its players across Ontario that meets and exceeds the Alcohol and Gaming Commission of Ontario’s (AGCO) regulations and requirements.

GeoLocs is a leading geolocation verification service, one of the largest in the Ontario region, specialising in North America’s regulated sports betting and iGaming markets. The platform was built specifically to support iGaming operators, ensuring they are operating in licenced jurisdictions and guaranteeing that they are providing responsible gaming to their customers.

Through this partnership, GeoLocs will bring its cutting-edge solution to Ellipse Entertainment’s High Flyer Casino brand, addressing unique challenges faced by iGaming operators through a swift and smooth integration process. Ellipse Entertainment will benefit from GeoLocs’ support in enhancing compliance strategies, optimising revenue opportunities and meeting regulatory standards. Additionally, users will experience a seamless journey, eliminating the need for additional downloads or companion apps.

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“We’re thrilled to collaborate with Ellipse Entertainment in Ontario introducing GeoLocs to enhance its iGaming operations,” the Managing Director for mkodo, Stuart Godfree, said. “Our partnership supports Ellipse Entertainment’s High Flyer Casino brand, ensuring a secure and seamless geolocation verification experience for players across Ontario.”

“GeoLocs has been the ideal solution for our geolocation verification needs in Ontario,” the Director for Ellipse Entertainment, Andy McDowall, said. “The platform’s advanced technology and expertise, tailored for iGaming operators, align perfectly with our commitment to responsible gaming. Teaming up with mkodo and its GeoLocs service allows Ellipse Entertainment to provide High Flyer Casino players with a compliant and enjoyable online gaming experience.”

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Red Rake Gaming Secures Ontario Gaming License

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Red Rake Gaming is thrilled to announce the acquisition of a gaming license for Ontario, marking a significant milestone for the company. The approval from the Gaming Commission of Ontario (AGCO) allows Red Rake Gaming to provide its highly successful and player-centric content to the Ontario market. This achievement solidifies Red Rake Gaming’s commitment to expanding across the regulated landscape and North America following its recent approval from Pennsylvania.

This achievement marks a significant milestone for Red Rake Gaming, which has been active in various states with its social casino offering for several years across the largest social casinos in the United States.

Red Rake Gaming will bring the top-performing game genres and mechanics from its extensive portfolio, including the globally successful Super 30 Stars, Secrets of the Temple, the Million Ways to Win genre, and many other engaging and interactive titles.

Nick Barr, Managing Director (Malta) for Red Rake Gaming, states: “We could not be more thrilled to have been approved for operating in Ontario and have already witnessed a significant demand from operators to integrate our content across the province. We are equally delighted to offer players who have enjoyed our social games over the years the ability to play with real money in Ontario. We are extremely confident about the U.S. market and the integral role it will play in Red Rake Gaming’s continued growth.”

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